59 North Capital offers investment advisory services to pooled investment vehicles (Funds) intended for sophisticated investors. These Funds are structured in a master-feeder arrangement. Additionally, 59 North Capital manages one separately managed account (SMA). Investment objectives are not tailored to any particular private investor.
Fee Structure
59 North Capital manages investments for pooled investment vehicles and a separately managed account. The annual management fee is 1.5% of the value of the investments. This fee is generally collected quarterly in advance. Founders class investors may pay reduced fees, as detailed in the Funds' governing documents. Fees may be waived or reduced at 59 North Capital's discretion for certain investors, such as officers or employees. The management fee may vary by client account.