Dexion Capital unveils innovative fee structure for Equity Alternative portfolio
Mon Oct 3, 2011
Dexion Capital's restructuring of Dexion Equity Alternative
Limited has resulted in an innovative fee structure that is
more aligned with investors than the investment manager, K2
Advisors. The fund will have a standard 1.5% management fee and
a 10% performance fee, but there will be no performance fee
charged in a calendar year of negative performance of the
company. "This has been designed so that we are not compensated
for just doing better than the benchmarks when the benchmarks
are negative," said Maureen O'Toole, managing director of the
ISSN: 2151-1845 / CDC10004H
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