Birnam Oak manages investments for private funds and separate accounts, focusing on event-driven strategies like merger arbitrage and capital structure arbitrage. Birnam Oak seeks to generate returns through concentrated positions, leveraging research and expertise in legal and regulatory risks. Birnam Oak manages two investment strategies: an "Alpha" only strategy and an "Alpha + Equity Risk Premium" strategy.
Fee Structure
Birnam Oak's fees are based on a percentage of the value of the assets managed and/or on the performance achieved for the client's account. Birnam Oak is generally paid a management fee of between 0.75% and 1.00% per year for its Founders Interests in the Birnam Oak Funds. Management Fees (if any) charged to Managed Account Clients are negotiated and agreed separately with each Managed Account Client. Such fees (if any) are generally charged monthly or quarterly.