We Only Succeed When Investors Succeed

INDY does not earn a dollar until investors have earned 7.5% first. That is not a marketing line. It is how the fee structure is legally constructed.

0%

ASSET MANAGEMENT FEE

7.5%

PREFERRED RETURN HURDLE

100%

INDY INVESTS ITS OWN CAPITAL ALONGSIDE INVESTORS IN EVERY DEAL

THE PROBLEM

The Traditional Model Is Broken

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2% Management Fee

Paid regardless of performance. You lose, they still win.

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Performance Fees on Top

Additional fees layered on management fees. Double dipping.

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Fee-First Model

Management fees earned before investor returns. Wrong order.

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Asset Gathering

Incentivized to raise more and more capital. We only raise money when we have a good deal.

OUR SOLUTION

Our Approach: Full Alignment

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No Management Fees

No upfront or ongoing fees. We don't get paid to hold your capital.

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Principals Co-Invest

We invest alongside you. Our capital is at risk in every deal.

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Hurdle First

Investors earn 7.5% annualized before we participate.

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Carried Interest Only

50/50 split after hurdle. We win only when you win.

“Traditional firms get paid regardless of whether you make money. Their incentive is to raise the largest fund possible. We stripped that away entirely. With zero management fees and a 7.5% hurdle, our sole incentive is your return." — Steve Meehan

Benefits

Four Benefits of Our Model

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Full Alignment

Creates full alignment between INDY and its investors. We win together or not at all.

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No Fee Incentive

Eliminates incentive to raise capital for fee generation. We grow only through returns.

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Quality Focus

Focus remains on finding high-quality businesses that meet strict criteria.

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Deal Discipline

Encourages discipline in deal selection and capital deployment at every stage.

Questions About Our Fee Structure?

Reach out and we will walk you through the specifics.