Item 5: Fees and Compensation
The fees applicable to the Funds are set forth in detail in the corresponding Fund’s Offering
Documents. A brief summary of such fees is provided below.
Management Fee
Artia Global is paid a quarterly investment management fee by the Master Fund
(“Management Fee”) at a rate to be determined by an affiliate (the “General Partner”) of
Artia Global that serves as the general partner of the Master Fund. The Management Fee is
payable quarterly in advance in an amount based on the value of the net assets of the Master
Fund. The General Partner, may, in its sole discretion, waive or modify the Management Fee
for any Fund Investors, including without limitation, investors that are members, principals,
employees or affiliates of the General Partner, Artia Global and their respective affiliates,
relatives or entities of such persons and for certain strategic or large investors.
Artia Global Partners LP Form ADV Part 2A Brochure
Performance-Based Compensation
The General Partner is entitled to performance-based compensation (the “Incentive
Allocation”), which is compensation that is based on a share of net capital gains on or capital
appreciation of the assets of the Funds, at a rate to be determined by the General Partner.
The General Partner may, in its sole discretion, waive or modify the Incentive Allocation for
any investors, including without limitation, investors that are members, principals, employees
or affiliates of the General Partner, Artia Global, and their respective affiliates, relatives or
entities of such persons and for certain strategic or large investors.
Other Types of Fees or Expenses
In addition to paying the Management Fee and, if applicable, performance-based
compensation, the Funds are also subject to other investment expenses in accordance with
the Funds’ Offering Documents, (i) all investment-related costs and expenses (i.e., expenses
that, in Artia Global’s reasonable determination, are related to the investment of the Funds’
assets, whether or not such investments are consummated), including commissions and
charges, interest on margin accounts and other indebtedness, expenses relating to short sales,
clearing and settlement charges, option premiums and custodial and service fees, research-
related expenses (including the reasonable costs of research-related travel expenses with
respect to conferences or otherwise), fees and expenses relating to consultants, including
healthcare-related consultants and physician networks (and their expert fees and/or lobbyist
fees), and expenses relating to attorneys, brokers or other professionals or advisors who
provide research, advice or due diligence services with regard to investments; (ii) fees and
expenses related to portfolio exposure and performance management systems, risk
management services and software related to trade reconciliation, treasury, margin, financial
and counterparty management, risk monitoring, performance reporting, valuation quotation
services (e.g., Bloomberg terminals, historical and live financial data and other similar services
and data feeds) and trade order management systems (including systems that facilitate trade
compliance, commission management, stock locates and transaction cost analysis, and third
party service providers used for implementation, custom reporting, updates, consultations,
support, maintenance, monitoring and data extracts); (iii) the Funds’ legal, accounting, tax
preparation and other tax-related expenses (including preparation and mailing costs of
financial statements, tax returns and other reports to Fund Investors), auditing fees and
expenses, including by way of international financial reporting standards, consulting and other
professional expenses, including any fees paid to third party valuation agents; (iv) third-party
administration costs, fees and expenses (including any costs, fees and expenses related to
investor communications, relations, reporting or other investor materials, tax preparation and
related reporting, performance information, data extraction and other types of reporting and
any audit or accounting services provided by a third-party administrator) and independent
Oversight Committee members’ fees and expenses; (v) all fees and charges of custodians,
clearing agencies and banks; (vi) compliance and reporting expenses and expenses
attributable to regulatory filings that are made with respect to the Funds or assets of the Funds
(including Section 13, Section 16, Form D, FATCA, anti-money laundering compliance, state
security filings, general regulatory compliance and non-U.S. position reporting filings, if
applicable, and non-U.S. filings, if any); (vii) the Funds’ pro rata share of Fund-related
insurance costs (including the Funds’ pro rata portion of director’s and officer’s insurance,
errors and omissions insurance, fidelity insurance and other similar policies covering the
General Partner and the Artia Global); (viii) any taxes (including but not limited to any
withholding taxes, transfer taxes, stamp duties and other governmental or self-regulatory
Artia Global Partners LP Form ADV Part 2A Brochure
agency-related charges or duties); (ix) all costs and expenses incurred in attempting to protect
and enhance the value of a Fund investment (including any fees and expenses associated with
any pending or threatened litigation, audit, investigation, administrative or other proceeding,
as well as any settlement costs); (x) fees and expenses related to any activist-related activities;
(xi) any fees and expenses related to the Funds’ liquidation, if applicable; (xii) fees paid to
proxy and securities class action advisory firms; (xiii) expenses relating to the offer and sale of
Interests and withdrawals and transfers thereof; (xiv) other reasonable expenses related to
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