OneAscent Capital manages pooled investment vehicles, including private equity funds, a registered interval fund, and special purpose vehicles, providing investors with access to private investments aligned with faith-based values. OneAscent Capital selects and oversees underlying portfolio managers and direct investments through a structured research and diligence process, utilizing an investment committee. Because OneAscent Capital exclusively manages pooled investment funds and does not directly manage individual client portfolios or provide standalone financial planning services, individual investors access the firm by investing in its funds rather than through traditional personal advisory accounts. The firm serves accredited investors and requires investments to be made through the governing documents of each respective fund. Fees vary by fund and typically include both management fees and performance-based incentive fees, alongside underlying operating expenses.
Fee Structure
OneAscent Capital manages pooled investment funds rather than individual portfolios, and fees vary depending on the specific fund:
- Flagship Fund — Charges a 1% annual management fee on committed capital for investments in other funds, and 1% on direct investments. Investors also pay a 10% to 20% performance-based fee after achieving a 7% preferred return.
- Interval Fund — Charges a 1.50% annual management fee based on the assets under management within the fund.
- Evergreen Fund — Charges a 1% annual management fee based on the fair market value of investments, plus a 10% performance-based fee on annual capital appreciation above prior accumulated depreciation.