Performance Fee Structure
Adam discusses the innovative refundable fee strategy that aligns incentives between the firm and clients, particularly during underperformance periods. By reserving capital and allowing clients to build trust accounts, they successfully dampen volatility and encourage retention. During the 2008 financial crisis, the firm experienced less than 10% net redemptions, showcasing the effectiveness of their approach in maintaining client relationships amidst market downturns.In this clip
From this podcast
Capital Allocators – Inside the Institutional Investment Industry
Adam Karr – Extreme Alignment at Orbis (EP.338)
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