MJL Manager LLC, operating as Capuchin Capital, offers discretionary investment management to high-net-worth individuals and qualifying entities through separately managed accounts. MJL generally operates a single investment strategy, and each client’s time horizon, objectives, and risk tolerance must align with their strategy. MJL is responsible for ongoing re-balancing and continuous monitoring of client securities holdings.
Fee Structure
MJL Manager LLC charges a performance-based fee, which is a percentage of the increase in your account's net assets. This fee is generally 25% of the increase, adjusted for contributions and withdrawals. The specific billing frequency (annual or quarterly) and the performance fee rate are negotiable and may vary from client to client. MJL Manager LLC will not earn a performance fee if your account has cumulative losses.