Fees and Compensation — Form ADV Part 2A (3/9/2017)
[Brochure]
Item 5: Fees and Compensation
Claar Advisors LLC generally charges its Clients an annual investment management fee equal to
1.5% of the net assets and a performance based fee equal to 20% of the capital appreciation of the
assets of a client, subject to a loss carry forward. For details on performance based fees, see Item
6. Management Fees are charged each quarter in advance based on the net asset value of the last
day of the previous month end. The management fees will be prorated for additions to and
withdrawals from a client’s account during a quarter. Management fees to the adviser can be
waived by the general partner of the US Client account or a director of the Offshore Client
Account and therefore are considered negotiable. Fees are deducted from the accounts by
instructing the Clients’ administrator pursuant to the fee structure as defined in the Offering
documents or Investment Management Agreement.
Fund accounts shall pay for their organizational and initial offering expenses as well as expenses
relating to its operations and activities. This includes, but is not limited to, all accounting,
auditing, tax preparation, legal, administration, research and trading costs and technology relating
to those items. Clients will incur brokerage and other transaction costs (please refer to the
Brokerage Practices section below for brokerage disclosures).
More detailed information about the fees and expenses paid may be found in each Fund’s offering
documents.
Account Minimums and Types of Clients — Form ADV Part 2A (3/9/2017)
[Brochure]
Item 7: Types of Clients
The clients of Claar Advisors LLC consist of private funds (the “Funds”). Investors of the Funds
are intended to be sophisticated investors that can meet the capital requirements necessary for
investment. The initial and additional subscription minimum amounts are disclosed in each
Fund’s offering documentation. These minimums may be waived at the discretion of the General
Partner, Claar Masterfund GP, LLC. Claar may advise separately managed accounts in the future,
and the minimum account value will be determined at the discretion of Claar.