Churchill NCPE Advisor provides investment advice and investment management services, primarily focused on private equity investments, including secondary investments in mid-life private investment funds. The firm manages investments across the capital structure of middle market private equity firms and their portfolio companies. Churchill's clients are primarily pooled investment vehicles, registered investment companies, and institutional accounts. Churchill has full authority to make investment decisions for its clients, in accordance with their investment objectives and guidelines.
Fee Structure
Fees for investment management services are based on the specific circumstances of each investment vehicle, including its investment program, tax, regulatory, and contractual restrictions, and any requirements of applicable law. Fees are set forth in the client's operating documents. Pooled investment accounts typically have higher fees and expenses than separate accounts due to administrative and fund expenses. Fees for separate accounts generally range from 0.50% to 1.50% of gross or net assets under management and may include an incentive fee based on a percentage of profits or earnings above a threshold. The minimum account size is generally $100 million.