Wedgewood Asset Management (WAM) manages investments for privately offered investment funds focused on real estate. WAM primarily invests fund assets in residential real estate, multifamily real estate, and mortgages secured by real property. WAM does not receive direct compensation for its services; instead, an affiliate reimburses WAM for operating costs. Certain owners of WAM also manage affiliates in which the funds invest, creating potential conflicts of interest.
Fee Structure
Wedgewood Asset Management manages investments for real estate investment funds. The firm itself does not receive fees for these services. Instead, an affiliated company is responsible for reimbursing Wedgewood for the costs of running the funds. Certain individuals who own Wedgewood also manage affiliated businesses that benefit from the funds' investments.