TDAM manages Seven Hills Capital Partners, LP, charging a monthly management fee of 0.166% of the limited partner's capital account (2.0% annually). There is also a quarterly performance fee of 20% of net profits, subject to loss carryforward provisions and a high-water mark. The minimum capital contribution is $200,000, but this may be waived or reduced at the Portfolio Manager's discretion. Seven Hills also pays brokerage account fees and commissions. TDAM, acting as a broker-dealer, carries the account of the Fund and receives commissions for executing trades.