Parkman Healthcare Partners manages investments for sophisticated investors through a master-feeder fund, a special purpose vehicle (SPV), and sub-advised accounts. Parkman aims to protect and grow capital by investing in global healthcare equities, using fundamental analysis to find undervalued opportunities. Investment strategies may be tailored to individual client needs, with potential restrictions on certain securities or industries.
Fee Structure
Parkman Healthcare Partners manages investments for a fund, charging a management fee ranging from 1.25% to 1.75% annually, depending on the investor's share class. This fee is paid quarterly in advance. Additionally, Parkman receives an incentive fee of 18-20% of each investor's share of net profits at the end of each fiscal year, subject to a loss carryforward provision. For managed accounts, Parkman is compensated either through a pre-negotiated monthly fee or on a quarterly basis in arrears, plus an annual performance fee based on net appreciation.