Precept Management, LLC

Read About Hedge Funds

Key Facts

Websitehttp://www.preceptfund.com
HeadquartersDallas, TX
Employees4
AUM$176 million
AUM as ofMarch 24, 2017
Clients3

Overview

Precept Management, LLC is a hedge fund based in Dallas, TX. It was founded in 02/2006. They hold $176 million in assets under management as of March 24, 2017. Read their Plain English Brochure.

Sub Funds and Performance

NameAUM (bn) Type Min Investment Num Clients Internal $ % Fund of Funds $ % Prime Brokers
Precept Capital Master Fund 0.063 hedge fund 0 54 2.0 1.0 Goldman, Pershing LLC
Precept Credit Opportunities Fund, L.P. 0.006 hedge fund 500,000 45 51.0 34.0
Precept Eagle Fund, L.P. 0.000 hedge fund 500,000 1 100.0 Goldman
Precept Management Partners, L.P. 0.060 hedge fund 500,000 4 2.0
Precept Special Situation Fund, L.P. 0.002 hedge fund 500,000 1 Pershing LLC
The Precept Fund (Qp), L.P. 0.010 hedge fund 500,000 13 2.0
The Precept Fund II, L.P. 0.172 hedge fund 500,000 33 60.0 4.0 Goldman, JP Morgan, Pershing LLC
The Precept Fund, L.P. 0.003 hedge fund 500,000 41 25.0 28.0

Key People

NameTitlePositionOwnership
Dana BakerManaging Member, Precept Management, Llc Owner or Officer> 75%
Dana BakerLimited Partner, Precept Capital Management, L.P. ("Relying Adviser") Owner or Officer> 75%
Nick RoossienChief Financial Officer And Chief Compliance Officer, Precept Management, Llc Owner or OfficerNone
Nick RoossienLimited Partner, Precept Capital Management, L.P. ("Relying Adviser") Owner or Officer5 to 10%