Toronado Partners provides investment advice to pooled investment funds, focusing on a long/short equity strategy in the technology sector. Toronado manages these funds on a discretionary basis, meaning they make all investment decisions. The firm's investment approach involves fundamental analysis, considering market size, technology advantages, executive leadership, and business model quality. Toronado uses risk management tools to minimize non-company-specific risks.
Fee Structure
Toronado Partners manages investments for private funds and charges a management fee of 1.5% per year of the fund's net assets. In addition, Toronado receives a special profit allocation equal to 20% of the fund's net profits. These fees may be reduced or waived for certain investors.