Skin in the Game
Skin in the game prevents systems from rotting.
Nassim Taleb
Co-Investment
Demonstrating strong commitment to our investors and full confidence in our investment strategy, the management team allocates 100% of their financial capital to Estela Global Equities..
Remuneration
Unlike most peers, the management team receives variable compensation only when fund performance exceeds the benchmark (delivering alpha). This variable compensation is entirely reinvested in Estela Global Equities.
Fees
A success fee has been implemented on positive results, which will only be charged in those years when the fund’s net asset value exceeds any previously achieved NAV at the close of the preceding five years – "High-Water Mark".
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