The Phoenix Fund Advisor LLC manages The Phoenix Fund LLC, a pooled investment vehicle. The fund invests in privately-held companies, aiming for current income and capital appreciation through debt and equity investments, including Passive Appreciation Vehicles in Real Estate (PAVRs). The firm's advice is not tailored to individual investors in the fund but follows the fund's governing documents. The fund is available only to accredited investors and qualified clients.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.00% |
Management fee is 2.00% per annum of the weighted average amount of capital contributed or committed to the Fund, paid quarterly. The firm also receives an incentive fee of 20% of the Fund’s Incentive Fee Distributions for each fiscal year if the Member receives an annualized return of at least 8%.