Fees and Compensation — Form ADV Part 2A (3/26/2020)
[Brochure]
Item 5 – Fees and Compensation
The Firm serves as an investment adviser to the Partnership. Pursuant to an agreement with the Partnership, the
Firm receives or is entitled to receive an annual investment management fee based on a fixed percentage of the
aggregate capital commitments made by the Partnership. The investment management fee is two percent (2.0%)
and is payable semi-annually. The Firm may also be entitled to participate in a percentage of the investment
proceeds distributed to the limited partners of the Partnership (“Carried Interest”). The Carried Interest percentage
is twenty percent (20.0%) and is payable upon a qualifying distribution of investment proceeds. Both the
investment management fee and Carried Interest percentage are subject to negotiation with each client and may
differ based on a number of factors, including, but not limited to, the amount of assets contributed by the client.
Account Minimums and Types of Clients — Form ADV Part 2A (3/26/2020)
[Brochure]
Item 7 – Types of Clients
Broadhaven serves as the investment adviser to the Partnership. The limited partners of the Partnership consist of
both high net worth individuals and investment-related companies who are Qualified Investors. The minimum
initial investment is $1,000,000.