MGM Innova Cap Management provides investment advice to private equity funds that invest in energy efficiency and renewable energy projects in Latin America and the Caribbean. MGM's investments follow environmental, social, and governance guidelines. The firm's investment strategies involve structuring projects to optimize energy consumption, reduce emissions, and create jobs for local businesses. MGM manages its clients based on their specific investment objectives and restrictions.
Fee Structure
MGM Innova Cap Management provides investment management services to private funds and receives an investment management fee that ranges from 1.60% to 2.00% per year. The fee is based on either the committed capital during the investment period or the assets under management after the investment period. In addition, MGM is entitled to receive a performance-based fee equal to 20% of all cash distributions to investors, subject to certain conditions.