Our preoccupation is managing, not raising money
The alignment of interest between ourselves and our investors is central to our business philosophy. In practice this means retaining a single focus, capping our funds at manageable levels, refusing segregated mandates and holding a substantial part of our net worth in our funds. 

Our money too
Our performance fee structure is unusual: we must do better than 12.5% p.a. compound over a three year period and are entitled to 10% of the surplus above the hurdle rate. Any fee must then be re-invested for a minimum of three further years.

All our employees hold a portion of their annual remuneration in our funds, either through a profit share scheme or through deferral of annual bonuses. Employee capital accounts for approximately 5% of funds under management.