TCW PT Management Company manages investments for advisory accounts and private investment funds. They aim to generate attractive returns through direct investments in senior secured loans to middle-market companies. TCW may use third-party sub-advisers to source investment opportunities. Investors typically include institutions, pension funds, high net worth individuals, and family offices.
Fee Structure
TCW PT Management Company's investment management fees are calculated as a percentage of the cost basis of portfolio investments in a fund. For accounts, fees are billed directly, while for funds, they are deducted from managed assets. Fees are typically paid quarterly in arrears, though some may pay monthly. Accounts are generally subject to a minimum account size. Funds may also be subject to a performance-based incentive fee.