Benchstone Capital Management acts as an investment advisor, primarily managing a master-feeder fund and sub-advised accounts. Benchstone aims to achieve investment returns through both long and short positions in various businesses and themes, mainly in the U.S. equity market. The firm focuses on research-driven investment decisions and risk management, with a general focus on the telecommunications/media/technology and consumer sectors, though this may change.
Benchstone Capital Management manages investments for pooled investment vehicles and sub-advised accounts. The firm receives a quarterly management fee based on a percentage of each investor's capital account, generally between 1% and 2%. Benchstone also receives an incentive allocation, typically 20% of the net profits. Fees are subject to negotiation and may vary between clients.