Trace Capital Management LP offers investment advisory services to affiliated private equity funds, focusing on equity and debt investments in the energy and infrastructure sectors. Services include commercial structuring, risk management, portfolio company services, and investor relations. Trace maintains discretionary investment authority, with investment decisions made by investment committees. Investments are privately offered to qualified investors, including institutional investors and high-net-worth individuals. Trace tailors its services to each client's governing agreements.
Fee Structure
Trace Capital Management is compensated through a quarterly fee based on a percentage of the assets managed for each private fund client. This fee generally ranges from 1% to 2% annually on capital commitments and is typically reduced after the fund's commitment period ends. After the commitment period, the fee is usually paid only on the remaining invested capital, excluding written-off investments. Employees who invest in Trace's clients may not pay these fees, and fee reductions may be negotiated through side letters.