Avicene Investment Management provides investment advice, primarily focusing on global equities, including financial and financial technology sectors. Avicene manages investments for separate accounts and plans to manage private funds in the future. Avicene uses a fundamental approach, aiming for uncorrelated returns with a focus on high-conviction ideas and relative-value pairs to limit risk.
Fee Structure
Avicene Investment Management generally charges both asset-based management fees and performance-based fees. The specific amounts are negotiable and depend on factors like the size and complexity of the account. Management fees are usually calculated monthly as a percentage of the account's value and are paid after the fact. Performance-based compensation is a percentage of the net increase in the account's value over a period, after recovering prior losses. The firm also plans to launch Avicene Funds with management fees and incentive allocations.