Fees and Compensation — Form ADV Part 2A (3/26/2021)
[Brochure]
Item 5 – Fees and Compensation
For private funds, the Adviser charges a basic management fee of 1.25% of invested capital. The details of
the calculation of the fee are set forth in the offering memorandum for the fund. The management fees
otherwise attributable to investors in a fund may, in the sole discretion of the General Partner, may be
reduced or waived with respect to affiliates of the General Partner (including the principals) or other
Limited Partners.
Fee Billing
Fees are payable quarterly in arrears. The fee will be deducted directly from the investor’s account by the
fund’s administrator and paid in the month following the quarter end. In the event that an investor leaves
the fund prior to the end of any quarterly period, fees will be charged only for the portion of the quarter
in which the Limited Partner was invested in the fund.
Account Minimums and Types of Clients — Form ADV Part 2A (3/26/2021)
[Brochure]
Item 7 - Types of Clients
The Adviser provides investment advice to private investment funds. The minimum commitment of a
Limited Partner is $1,000,000, which is subject to waiver by the General Partner in its sole discretion.
Offered $350,000,000 · Filed 2020-02-21 (D/A) · Exemption 506(b), 3(c), 3(c)(7) · Minimum $1,000,000 · Remaining $349,000,000 · Duration One year or less · Net Assets Decline to Disclose
AUM Breakdown
Accounts
AUM ($k)
By Client Type
(a) Individuals (other than high net worth individuals)
0
0.0
(b) Individuals (high net worth individuals)
0
0.0
(c) Banking or thrift institutions
0
0.0
(d) Investment companies
0
0.0
(e) Business development companies
0
0.0
(f) Pooled investment vehicles
1
857.1
(g) Pension and profit sharing plans
0
0.0
(h) Charitable organizations
0
0.0
(i) State or municipal government entities
0
0.0
(j) Other investment advisers
0
0.0
(k) Insurance companies
0
0.0
(l) Sovereign wealth funds and foreign official institutions
0
0.0
(m) Corporations or other businesses not listed above