1060 Capital manages investments for its fund and separately managed accounts, focusing on U.S. consumer and industrial equities. They use a long/short strategy aiming for absolute returns and capital preservation. 1060 Capital has full authority to make investment decisions for the fund and managed accounts, but does not tailor its advisory services to the individual needs of investors in the fund.
Fee Structure
1060 Capital manages investments for a fund and separately managed accounts. The fund deducts a quarterly management fee from each investor's capital account. For Class A interests, the fee is 2% annually, and for Class B interests, it's 1.5% annually. Managed account clients pay management and/or performance fees as negotiated, generally up to 1.5%.