Pillsbury Lake Capital manages a hedge fund called Pillsbury Lake Partnership, investing primarily in publicly traded, small capitalization companies. Pillsbury also provides sub-advisory services to private investment pools. In the future, Pillsbury may provide investment advisory services to separate account clients.
Pillsbury Lake Capital manages a hedge fund, charging an annual management fee of 0.4% to 1.5% of the fund's net asset value. Investors also pay a performance-based fee ranging from 16% to 20% of the net capital appreciation. The firm may also provide sub-advisory services to other private investment funds with fees that are separately negotiated.