1819 Partners LLC

ITEM 5 - FEES AND COMPENSATION
General Fee Information
1819 Partners is compensated for its services with management fees, carried interest, and
from operations of underlying investments in connection with advisory services to each Fund
as described below. Each Fund has its own distinct fee arrangement which is fully disclosed
to the investors in the respective Fund documents.

Management Fee
The management fee due to 1819 Partners varies with each Fund and ranges from 0%-1.5%
per annum based on the aggregate subscription amounts of the underlying investors. Not all
Funds pay a management fee.
The management fees are made either monthly or quarterly in arrears on the first day of each
period. Fees are either payable through each underlying investor’s capital account or directly
to the Adviser from the operations of the underlying investment.
The Advisers may, in their sole discretion, at any time waive, reduce or delay any portion of
the management fee.

Carried Interest
The Advisers are subject to carried interest which is based on the total distributions of the
relevant Funds. Typically, the Advisers receive the carried interest after specified hurdles
have been met. 1819 Partners believes the carried interest paid to the Advisers can better
align the interests of the underlying investors and 1819 Partners. The carried interest waterfall
is disclosed in the relevant fund documents of the Funds. See the section entitled Other
Financial Industry Activities and Affiliations for more information on the Advisers and their
relation to 1819 Partners. Not all Funds pay carried interest.

Cash Flows from Operations
1819 Partners is eligible to receive compensation that is based on the cash flow from the
underlying investments of the Funds, the details of which can be found in the Funds’ relevant
documents provided to the underlying investors. Not all Funds have this compensation
arrangement.

Other Fees
Investors of the Funds may pay additional expenses such as, but not limited to:

       Costs (including closing fees if any), expenses and fees incurred in connection with or
        incidental to any investment made by the Funds;
       Legal, accounting, audit, administrative, custodial, consulting and other professional
        fees;
       Costs for preparation and distribution of financial statements and other information
        reports to investors;

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       Costs of preparing and providing standard form tax reports and information to
        investors;
       All expenses relating to litigation and threatened litigation against the Funds;
       Insurance premiums for investment management and professional liability insurance,
        “representation & warranty” insurance or any other insurance deemed appropriate by
        the Advisers, all as may be reasonably allocated to the Fund by the respective
        Adviser;
       Interest expense for borrowed money, if any;
       Any taxes, fees, or other governmental charges levied against the Funds; and
       Liquidation expenses of the Funds.
Investors should refer to the governing documents for a complete description of expenses.

Fees Paid in Advance
Given the fact that management fees are not paid until commencement of closing, there are
no refunds made to the investors.

ITEM 7 - TYPES OF CLIENTS
Description
1819 Partners only provides investment advice to the Funds described above.

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Investors in the Funds must meet certain prescribed criteria, including being an “accredited
investor,” as defined in Rule 501(a) of Regulation D.

Account Minimums
The minimum capital commitment for investing in the Funds ranges from $100,000 to
$1,000,000. Lesser amounts may be accepted at the sole discretion of the Advisers.