Thomist Capital Management provides investment management services to an affiliated private fund, The Thomist Fund, and separately managed accounts. Thomist Capital combines energy equity expertise with the flexibility to trade in equity and commodity futures markets. The firm aims to maintain a market-neutral long/short equity portfolio and an oil beta-neutral commodity portfolio. Thomist Capital's services are not tailored to individual investor needs.
Thomist Capital charges a management fee to the fund it advises. The annual rate is 2.0% of the capital account balance. This fee is deducted monthly in advance. The General Partner is also entitled to a performance allocation of 30% of the positive performance change at the end of each calendar year. Fees for separately managed accounts are negotiated separately.