Turning Rock Partners is an investment advisor that manages investments for pooled and single-investor investment vehicles, known as Funds. These Funds are intended for sophisticated and institutional investors. Turning Rock Partners provides advice based on the specific investment objectives and strategies outlined in each Fund's offering documents. Fund investors cannot restrict investments in certain securities.
Fee Structure
Turning Rock Partners charges a quarterly management fee in advance, generally up to 2% of the fund's net asset value, gross asset value, aggregate committed capital, committed capital plus leverage, or remaining invested capital. The specific rate depends on factors like the fund's investment strategy and the amount of assets managed. Some investors may pay different fees based on when they invested and the size of their investment. The firm may also waive or reduce fees for certain investors.