Aperture Investors provides investment advice to private investment funds, UCITS (Undertakings for Collective Investment in Transferable Securities), and separately managed accounts. Aperture manages investments across the globe, including equity, debt, and derivatives. Aperture offers various investment styles, including international equity, global equity, and long/short credit. Aperture is jointly owned by Peter Kraus and Generali Alpha Corp.
Fee Structure
Aperture Investors manages investments for private funds and separately managed accounts. Fees for private funds include a management fee (up to 1.65% of net assets annually, paid quarterly in advance) and a performance fee (up to 30% of performance above a benchmark or hurdle rate, or up to 20% of realized profits after returning capital plus a preferred return to investors). Separately managed accounts typically include a management fee (up to 2.0%) and an incentive fee (up to 20.0%). The fees for UCITS are variable management fees based on performance relative to a benchmark.