Account Minimums and Types of Clients — Form ADV Part 2A (3/30/2017)
[Brochure]
Item 7. Types of Clients
Type of Clients: We provide advisory services to clients and investors such as high net worth
individuals, proprietary accounts, banks or thrift institutions, corporate pension and profit sharing
plans, public/governmental pension plans, Taft-Hartley plans, trusts, charitable institutions,
foundations, endowments, other non-US regulated funds, and other U.S. institutions.
Account Requirements: We require separate account clients to execute a written investment
management agreement with us, granting us authority to manage their assets. Separate accounts are
subject to minimum account sizes which vary depending upon the strategy of the account.
Generally, the minimum account size for a separate account is $100 million. The Firm has the right
to waive the minimum account size requirements.
Investments in our private funds that we manage are generally subject to a minimum investment
requirement of $5 million. The general partner of a fund has the discretion to waive or reduce the
minimum initial investment or commitment. Please refer to the offering documents of such funds
for more information.