Fees and Compensation — Form ADV Part 2A (7/26/2018)
[Brochure]
Item 5: Fees and Compensation
DLPCA advises three private funds; DLP Income & Growth Fund I LLC, DLP Lending Fund LLC,
and DLP Preferred Returns Equity Fund LLC. The advisory fees that DLPCA receives for
providing those services are set forth in the sub-advisory agreement between DLPCA and the
Fund. Additional detail about the fees charged to an investor in any such fund is available in the
then-current prospectus for that fund.
Clients are responsible for the payment of all third party fees (i.e. custodian fees, brokerage fees,
mutual fund fees, transaction fees, etc.). Those fees are separate and distinct from the fees and
expenses charged by DLPCA. Please see Item 12 of this brochure regarding broker-
dealer/custodian.
DLPCA collects its fees in arrears. It does not collect fees in advance.
Neither DLPCA nor its supervised persons accept any compensation for the sale of investment
products, including asset-based sales charges or service fees from the sale of mutual funds.
Account Minimums and Types of Clients — Form ADV Part 2A (7/26/2018)
[Brochure]
Item 7: Types of Clients
DLPCA generally provides advisory services to Pooled Investment Vehicles.
There is no account minimum for any of DLPCA’s services.