Sortis Fund Manager manages investments for private funds, focusing on real estate and operating businesses. Sortis's services are tailored to each fund's objectives, as documented in their private placement memorandums. Sortis does not allow investors to impose limitations on investment activities described in the Funds’ Governing Documents. Sortis may contract with a client to adhere to limited risk and/or operating guidelines imposed by that client.
Fee Structure
Sortis Fund Manager receives an annual management fee of 1.75% - 2.00% of the offering proceeds or the greater of the fair market value or offering proceeds, depending on the specific fund. This fee covers costs related to managing the funds, including executive management, accounting, member management, and regulatory filings. Investors should consult the specific fund's governing documents for details.