An affiliate of Paragon Advisors, Falmouth Investment Company, Inc. (Falmouth), is a business entity whose primary purpose is to create and manage private pooled investment vehicles.These pooled investment partnerships (LLCs) are created as an alternative investment option exclusively for families of Paragon Advisors.These entities are invested in a variety of asset classes, including, but not limited to:
·Long/Short U.S. Equity Hedge Funds
·Long /Short International Equity Hedge Funds
·Private Equity Buy-out Funds
·Private Equity Real Estate Funds
·Private Equity Energy Funds
Falmouth acts as manager member and investment advisor for these funds.The services provided by Falmouth include:
·The formation, organization, and management of each pooled investment vehicle.
·Due diligence on potential managers considered for the vehicle.
·Manager Selection and portfolio allocation for each pooled investment fund.
·Ongoing monitoring of performance and operational due diligence of each fund manager.
·Annual accounting for each vehicle.
Falmouth charges an initial fee (typically around $20,000) for the organization of each investment fund and an annual asset management fee.Depending on the investment strategy, these fees are based upon either the market value of the fund or the total capital committed to the fund.Fees typically range from 0.4% to 0.8% of assets under management or of total capital commitments.Falmouth is paid fees only from each LLC and does not receive compensation in any other manner (i.e.: Falmouth does not receive fees or commissions from the underlying sponsors or managers in which each LLC is invested).
Van Aken District • 3401 Tuttle Road • Suite 290 • Shaker Heights, Ohio 44122 Phone: (216) 491-3990 • Fax: (216) 491-3995