Northrim Adviser is an investment management firm that manages investments for privately offered pooled investment vehicles, also known as funds. These funds are typically structured as limited partnerships. Northrim aims to achieve strong investment returns by investing in lower and middle market companies.
Northrim Adviser manages investments for privately offered investment funds. The firm receives a management fee calculated as a percentage of the fund's invested capital, generally 2% per year. The firm may also receive performance-based compensation in the form of carried interest, typically 20% of the profits distributed from each fund investment.