Butterfly Equity is a private equity firm that manages investment funds focused on the North American food sector. Butterfly identifies and evaluates investment opportunities, negotiates investments, manages and monitors investments, and achieves dispositions for such investments. Butterfly's funds are private equity funds that invest in operating entities, generally referred to as portfolio companies. Butterfly's investment advisory services are detailed in the applicable private placement memoranda or other offering documents.
Butterfly Equity manages private equity funds and receives a management fee and carried interest. The management fee is generally 2.0% annually of aggregate investor capital commitments. Certain funds, including co-investment funds, may pay discounted or no management fees. The management fee may be reduced after a certain date. Butterfly also receives compensation for management and other services performed for portfolio companies, which may offset the management fees. Investors in the fund also bear certain expenses.