Fees and Compensation — Form ADV Part 2A (3/30/2018)
[Brochure]
Item 5: Fees and Compensation
Management Fee
The fees applicable to the Fund are set forth in detail in the Fund’s offering documents; with
respect to all share classes, the Firm receives an annual management fee ranging up to 2%
per annum in respect of the net asset value (“NAV”) of the Fund (“Management Fee”). The
Management Fee is payable monthly in arrears.
The Fund pays for organizational and initial offering expenses as well as all costs of its
investments, including but not limited to, accounting, auditing, tax preparation, legal,
administration and applicable trading costs. The Fund may incur brokerage and other
transaction costs. Fund expenses are accrued daily and settled monthly. For further details
on the Firm’s brokerage practices refer to Item 12 of this Brochure.
The Firm deducts the Management Fee from Investors’ accounts by instructing the Funds’
administrator to deduct the fee on a monthly basis.
Clients with SMAs will pay generally the same Management Fee as stated above.
Account Minimums and Types of Clients — Form ADV Part 2A (3/30/2018)
[Brochure]
Item 7: Types of Clients
Claw Capital provides investment advice to the Fund. Investors in the Fund primarily consist
of institutional investors fund of funds, family offices and founder’s capital.
The minimum initial investment amount for the Fund ranges from US$100,000 to
US$1,000,000 depending on the share class and the minimum subsequent investment
amount is US$100,000. In certain circumstances, the Directors of the Fund may, in their
sole discretion, reduce or waive the minimum subscription per investor in a case or
generally.
All SMA clients will be required to enter into an Investment Management Agreement
(“IMA”) with the Firm. The minimum account size for each client is US$ 20million, although
the Firm can consider lowering the minimum amount on a case by case basis.