Tabor Asset Management manages investments for pooled investment vehicles and separately managed accounts. Tabor focuses on generating long-term capital appreciation uncorrelated with broader equity markets, primarily in the technology, media, telecommunications, and consumer sectors. Tabor does not limit its investment advice to certain types of investments. For separately managed accounts, Tabor discusses the investment strategy with each client and comes to a mutual agreement on any investment restrictions.
Fee Structure
Tabor Asset Management manages investments for pooled investment vehicles and separately managed accounts. The fees for separately managed accounts are negotiated separately with Tabor and will differ from those of the Funds. The management fee percentage for the Onshore Fund and Offshore Fund is equal to: (i) 0.25% (approximately one percent (1%) per annum) with respect to capital accounts corresponding to Founders Class Interests, and (ii) 0.375% (approximately one and one-half percent (1.5%) per annum) with respect to capital accounts corresponding to Class B Interests. At the end of each fiscal year and upon an Investor’s withdrawal of all or any portion of its Capital Account(s), the applicable incentive percentage of the aggregate net capital appreciation (including net unrealized gains and losses and determined after all Fund expenses, including the Management Fee, are taken into account) allocated to each Capital Account of each Investor (or the Capital Account(s) of the withdrawing Investor with respect to the portion withdrawn) for such fiscal year (or elapsed portion thereof) will be reallocated to the Capital Account of the General Partner (the “Incentive Allocation”), subject to a “high water mark” provision discussed in greater detail in the Funds’ Offering Documents. The incentive percentage for the Funds is equal to (i) fifteen percent (15%) for Founders Class Interests, and (ii) twenty percent (20%) for Class B Interests.