Yosemite Management advises venture capital funds and separate accounts. Yosemite invests in equity and equity-oriented securities in privately held technology, technology-related, and services companies, particularly in life sciences and healthcare, with a focus on oncology. Yosemite aims to help portfolio companies grow. Investments are made according to each client's agreement.
Fee Structure
Yosemite Management manages investments for venture capital funds and separate accounts. The fees are negotiable and vary among investors. The firm typically receives an annual management fee based on a percentage of the fund's committed capital or the client's assets. The fees are paid quarterly in advance. The firm also receives a carried interest, which is a percentage of realized profits, subject to a clawback provision. The carried interest is only charged to qualified clients. The firm may also receive fees for serving as a director or consultant to portfolio companies, which may reduce the management fees paid by clients.