WSC & Company provides investment advisory services exclusively to private investment funds, particularly those focused on "search funds." These funds are used to find and acquire companies. WSC manages these funds according to agreements, offering investment management and administrative services. The investors in these funds are typically "qualified clients" and "accredited investors."
Fee Structure
WSC & Company does not directly manage investments for individual investors. The firm provides investment management services to private investment funds. WSC receives an annual management fee from each fund, typically ranging from 1.5% to 2.0% of invested or committed capital. Certain co-investment vehicles do not pay a management fee. The management fees are paid quarterly or semi-annually in advance. WSC also receives a carried interest from the funds' investors.