HGC Advisor manages investments primarily for private investment funds, acquiring interests in late-stage companies with strong financial performance. HGC focuses on the direct secondary market, purchasing securities from existing shareholders. The funds invest primarily in technology companies and have no limits on the types of securities or leverage they may employ. Investors in the funds cannot influence investment decisions.
Fee Structure
HGC Advisor manages investments for private investment funds. The funds pay HGC a management fee, generally 2% per year, charged quarterly. HGC's affiliates also receive incentive-based compensation, typically 20% of investment proceeds exceeding invested capital and expenses. The fees may vary among investors based on factors like the size of their investment or the timing of their admission to the fund.