CatchLight Capital Management invests in US startups, focusing on special situations arising from geopolitical shifts, particularly the US-China tech separation. CatchLight manages affiliated private pooled investment vehicles (Funds) and aims to provide downside protection and substantial returns. The Funds pool investment assets from investors, and co-investment vehicles may be raised for specific transactions exceeding the Funds' capacity.
CatchLight is compensated through a management fee based on each investor's capital commitment during the Fund's investment period and on the invested capital after the investment period. The annual management fee is generally 2.5%, except for SPVs, which have a 2% one-time fee. CatchLight may also receive performance-based compensation, generally 20% of net profits.