Item 5: Fees and Compensation
MANAGEMENT FEES
CPE receives an annual management fee of one percent of all CKPE Fund I, LP partners’
committed capital (the “Management Fee”). The Management Fee may be reduced or waived with
respect to certain investors in the sole discretion of CPE. The Management Fee is generally payable
quarterly in advance. The Management Fee is deducted from each limited partner’s committed
capital with respect to the Fund.
In addition to the Management Fee discussed above, the CKPE Fund I, LP is also responsible for
its own costs and expenses, including brokerage fees and other transaction costs, to the extent
applicable (see Item 12), ongoing legal, accounting and bookkeeping fees and expenses, and the
fees and expenses charged by the Fund’s administrator for its accounting, bookkeeping and other
services.
Calamos Private Equity LLC
Form ADV Part 2A – Disclosure Brochure PAGE 4 March 27, 2026
CPE generally bears its own operating, general, administrative and overhead costs and expenses,
except the Fund expenses described above. Neither CPE nor its supervised persons accept
compensation for the sale of securities or other investment products.
OTHER FEES OR EXPENSES
CPE generally will be responsible for all overhead expenses, including general overhead costs and
expenses of CPE, such as salaries and bonuses, employee insurance, payroll taxes and fringe
benefits and other compensation costs (“Overhead Expenses”). The Fund will reimburse CPE for
any costs and expenses (other than the Overhead Expenses) that are paid or otherwise borne by
CPE solely on behalf of the Fund. However, certain marketing and distribution costs will be borne
by CPE without reimbursement from the Fund.
The costs and expenses payable by the Fund include, but are not limited to, legal fees and expenses;
costs and expenses related to third-party compliance and risk assessment services; professional
fees (including, without limitation, fees and expenses of consultants and experts); fees relating to
investments or contemplated investments; costs relating to any offering or organizational
documents, the Fund’s forms of subscription agreement with the partners or other agreements
entered into with any partner, and any modification to or supplement of such documents, and any
distribution of such documentation to the partners and prospective partners; accounting, auditing
and tax preparation expenses; expenses of agents of the Fund; taxes and governmental fees;
printing and mailing expenses; expenses relating to transfers and withdrawals of interests; fees and
out-of-pocket expenses of any service company retained to provide accounting and bookkeeping
services to the Fund; directors’ fees and expenses, including, but not limited to, meals, hotels and
transportation; expenses relating to the maintenance of the Fund’s registered offices; quotation,
pricing and valuation expenses, including fees and expenses of outside service providers;
investment or contemplated investment expenses; insurance premiums; costs incurred in
connection with any claim, litigation, arbitration, mediation, government investigation or dispute
in connection with the business of the Fund and the amount of any judgment or settlement paid in
connection therewith, or the enforcement of the Fund’s rights against any person; costs and
expenses for indemnification or contribution payable by the Fund to any person; and all costs and
expenses incurred as a result of the dissolution, winding up and termination of the Fund. The Fund
will generally also bear all organizational expenses.
The Fund bears the costs associated with acquiring and developing its real estate investments
(including costs related to the establishment and administration of acquisition vehicles) and will
reimburse CPE for such costs. Such expenses may include, but are not limited to, legal, tax,
research, accounting, valuation and audit expenses, insurance, and costs related to purchasing and
selling real estate investments (e.g., due diligence, negotiating deals, travel expenses, idea
sourcing).