Turas Capital Management offers investment advice to pooled investment vehicles, including Turas Fund LP. Turas aims for strong risk-adjusted returns by focusing on energy, industrials, and materials sectors. They use a disciplined approach, leveraging expertise in these sectors to find investment opportunities. Turas may tailor services to client objectives but generally doesn't allow restrictions on specific financial instruments.
Fee Structure
Turas Capital Management's fees include management fees, a management draw, and performance-based compensation. The specific amounts are negotiated with each client. For Turas Fund LP, the annual management fee is 1.25% for Founders Class Interests and 1.5% for Class B Interests, calculated quarterly in advance. The firm also applies an annual Incentive Allocation of 15% for Founders Class Interests and 20% for Class B Interests, calculated on each Limited Partner’s net capital appreciation.