Kah Capital Management (KCM) provides investment management services to pooled investment vehicles and separately managed accounts. KCM invests in U.S. mortgage-related assets, including seasoned and re-performing loans, collateral, and structured transactions. KCM's investment strategies and guidelines are periodically reviewed and revised as needed.
KCM generally charges an annual management fee ranging between 1% to 1.5%. The management fee is charged (i) during the investment period, on committed capital of the Fund, and (ii) upon expiration of the investment period, on the aggregate amount of invested capital. The Management Fee is payable monthly or quarterly in advance, based on committed or invested capital, as applicable, and will be due to KCM even if the fair value of the relevant remaining investments is below cost or even zero.