Rush Island Management manages investment portfolios, aiming to achieve value by taking long and short positions in publicly traded real estate and related securities. RIM primarily invests in public equities but may also invest in corporate credit, preferred securities, options, and derivatives with real estate exposure. RIM provides discretionary investment advisory services to private funds and separately managed accounts, tailoring services to their objectives.
Fee Structure
Rush Island Management manages investments for private funds and separately managed accounts. Fees are based on a percentage of assets and performance, with specific rates depending on the fund and investor's interest series. Management fees for the Primary Fund range from 0% to 1.5% annually, calculated and payable quarterly in advance. An incentive allocation for the Primary Fund ranges from 0% to 20% annually. For the SPV, there is no management fee, but the SPV GP is eligible for an incentive allocation of up to 10% of net profits above a hurdle rate. Fees for separately managed accounts are individually negotiated.