Avondale Conquest, LLC
Assets Under Management
$49.0M
Number of Clients
2
Number of Advisors
1
Average Client AUM
$24.5M
AUM per Advisor
$49.0M
Compensation
Fee-Only (AUM)
About This Firm
Avondale Conquest manages the Conquest I Fund, investing long and short in various securities. They also serve as a Sub-Advisor to the Prelude Opportunity Fund. The firm focuses on identifying companies with catalysts that could affect their financial strength within 12-18 months.
Fee Structure
Avondale Conquest receives an annual management fee of 1% of assets under management for the Conquest I Fund, plus a performance allocation equal to 20% of the net profits of the Fund. As a Sub-Advisor for Prelude, Avondale Conquest may receive a performance allocation of up to 55% of the net profits of Prelude. The minimum investment in the Fund is $500,000, but this may be waived at the firm's discretion.
Areas of Practice
Location
501 Humboldt, 2nd Fl, Sausalito, CA, 94965