9Yards Capital Management LP provides investment advisory services on a discretionary basis to privately offered pooled investment vehicles and special purpose vehicles (Funds). 9Yards' services to the Funds consist of identifying and evaluating investment opportunities, negotiating the terms of investments, managing and monitoring investments and achieving dispositions for such investments. The Funds are growth equity funds and invest through negotiated transactions in operating entities.
Fee Structure
9Yards is compensated for advisory services to its Funds through a management fee and carried interest. The management fee is up to 2% of committed capital per year during the investment period and up to 2% per year of invested capital remaining after the investment period. The management fee is paid quarterly, in advance, and deducted directly from the relevant Fund’s account. Each Fund’s General Partner typically receives carried interest from the relevant Fund.