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 Stamford,...
ISSN: 2151-1845 / CDC10004H
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