1823 Partners provides investment management services to private funds, other investment advisors, and separately managed accounts. 1823 invests in private real estate, credit, infrastructure assets, and some publicly available assets. The firm does not tailor its investment advice to the needs of any individual investor in a client fund.
1823 Partners charges its clients an asset-based investment management fee based on the value of capital commitments of each investor and a performance-based fee based on net profits attributable to the client. The management fees are paid quarterly in advance. The firm may bill an investor in the client directly for these fees. The general partner of the client is also eligible to receive performance-based compensation or carried interest with respect to profits generated by the client's investments.