Credit Bridge Advisors manages portfolios of secured debt obligations for both co-mingled private funds and individual investors through 'funds-of-one'. The firm focuses on debt obligations secured by real estate in the U.S., but may also invest in equity positions and derivatives for hedging. Investors in 'funds-of-one' can impose investment restrictions, while those in co-mingled funds cannot.
Fee Structure
Credit Bridge Advisors charges a combination of management and incentive fees. The management fee is a percentage of the client's committed capital, payable quarterly in advance. Clients may face penalties for early termination, meaning they likely won't get a refund of prepaid fees. Incentive fees are charged on total returns exceeding a preferred rate of return, net of management fees and expenses. The exact percentages are agreed upon with each client or set out in the fund's governing documents.