Tourmalet Advisors specializes in investment management for pooled investment vehicles and institutional clients. Tourmalet focuses on generating interest income and capital appreciation from indirect investments in residential mortgages, real estate, and other instruments. Investment decisions are made for the Funds, not individual investors in the Funds. Tourmalet may offer co-investment opportunities to certain investors.
Fee Structure
Tourmalet Advisors does not charge management fees for its investment advisory services. GITSIT, an affiliate, earns a servicing fee from the Holdco equal to 1.00% per year of the outstanding principal balance of mortgage loans acquired and held. Tourmalet may earn incentive fees based on a percentage of a client's cumulative gains.