325 Fillmore manages collateral for CLOs, which are investment vehicles that invest in loan and debt instruments. 325 Fillmore complies with risk retention rules under the Dodd-Frank Act and EU regulations. 325 Fillmore provides discretionary investment management services to CLOs, adhering to their specific investment requirements and guidelines. 325 Fillmore does not have any other client types.
Fee Structure
325 Fillmore manages investments for CLOs and receives compensation as specified in the Collateral Management Agreements. The fees include a Senior Investment Management Fee (0.10% to 0.20% per year of the assets managed), a Subordinated Management Fee (0.05% to 0.25% per year of the assets managed), and an Investment Manager Incentive Fee Amount. The specific fee rates and calculation methods are detailed in the Collateral Management Agreement for each CLO. The fees are deducted from the CLO's assets by a trustee and paid to 325 Fillmore.