ONE Funds manages investments for private funds, identifying opportunities and overseeing acquisitions and sales. ONE Funds also manages a separately managed account for the family office of its owner, Kevin O'Neil. The firm tailors its activities to comply with the investment objectives of each client. ONE Funds invests in venture capital, private equity, marketable securities, private funds, and real estate.
Fee Structure
ONE Funds receives an asset-based management fee from each private fund, generally equal to a percentage of capital committed per year during the investment period. Management fees typically decrease after certain time periods or switch to the cost basis of actively invested capital. ONE Funds is also entitled to receive a carried interest allocation from the private funds, generally equal to 20% of realized profits.