HOF Capital Management provides investment advisory and management services to private investment vehicles, including funds and special purpose vehicles (SPVs). HOF invests in the securities of private companies, making venture capital, private equity, and digital asset investments. HOF has sole authority to make all investment decisions without consulting clients or investors.
Fee Structure
HOF Capital Management's fees vary among its clients, and are generally not negotiable.
For Funds, HOF typically receives an asset-based management fee calculated as 2% of each investor’s commitment, payable in advance. Management fees for SPVs generally range between 0% and 5%, although in some instances they may be higher in lieu of charging carried interest.
HOF also receives carried interest equal to a percentage of the net income allocated to each investor for the year, but only to the extent net income allocated to that investor exceeds any cumulative losses that were allocated to that investor for earlier periods and that have not been recovered. From the Clients, this carried interest generally ranges from 0%-30%.