Medalist Partners, based in New York City, focuses on asset-based private credit and structured credit investments. Medalist provides investment management services to private pooled investment vehicles (private funds and REITs), regulated investment vehicles, and other institutional managed account clients, including pension funds. Medalist employs multiple strategies, including structured credit, asset finance, current income, opportunistic credit, and specialty lending strategies.
Fee Structure
Medalist Partners provides investment management services to pooled investment vehicles and institutional clients. Clients generally pay a management fee, calculated monthly or quarterly, of up to 1.75% annually based on net assets or drawn capital. Some clients also pay an annual performance allocation of 10% to 20% of net value increases, subject to a high water mark. Closed-end vehicles pay a carried interest of 20% of profits, subject to a preferred return.