Cypress Creek Partners
Assets Under Management
$526.6M
Number of Clients
16
Number of Advisors
N/A
Average Client AUM
$32.9M
AUM per Advisor
N/A
Compensation
Fee-Only (AUM)
About This Firm
Cypress Creek Partners is an SEC-registered investment adviser providing services to private funds and registered investment companies. They manage the Cypress Creek Private Strategies Fund Complex (CCPS Complex) and other private funds. The firm's investment committee oversees operations and advisory services. They may enter into side letters with certain investors granting preferential terms.
Fee Structure
Cypress Creek Partners primarily advises investment funds, not individual clients. Fees vary by fund and are detailed in the offering documents. The CCPS Master Fund pays an annual management fee ranging from 0.50% to 1% of the investor's capital account. The Adviser is also eligible to receive an incentive fee representing 10% of the return of the CCPS Master Fund in excess of a 6% net return annually. Certain CCPS Feeders pay a quarterly servicing fee of up to 0.70% (annualized) of the fund's average month-end net assets. Private Funds pay a management fee of between 0.00% and 1.00% per annum. Investors in the Private Funds pay a carried interest percentage between 0% and 10%.
Areas of Practice
Location
712 W. 34th Street, Suite 201, Austin, TX, 78705