Praetorian PR LLC (PPR) is a registered investment advisor that manages investments for private, pooled investment vehicles called Funds. PPR makes investment decisions for the Funds based on their investment goals and guidelines. The Funds are open to institutions, pension plans, high net-worth individuals, and other sophisticated investors who meet certain requirements.
Praetorian PR LLC manages investments for pooled investment funds, not individual investors. The Master Fund pays PPR a monthly management fee equal to 0.1042% (1.25% per year) of the net asset value of each member's capital account. PPR may waive or modify the management fee for any investor.