RPO LLC provides investment advisory services to pooled investment vehicles and high net worth individuals. RPO's investment objective is to generate attractive relative value returns with low absolute risk levels and little or no correlation to the global equity or fixed income markets. RPO does not tailor its advisory services to the individual needs of investors in the Fund, but may do so for separate accounts.
Fee Structure
RPO charges a percentage of assets under management and/or performance-based fees. The advisory fee for the Tempo Opportunities Fund is 1% per year of each investor's capital account balance, payable quarterly in advance. There is also a performance allocation of 30% per year (up to an 8% return) of the increase in net asset value, subject to a loss carryforward. A 5% fee is applied for returns exceeding 8%. Fee arrangements for separate accounts are individually negotiated.