GCG Management LLC

Item 5 Fees and Compensation
The Funds pay an investment management fee of 2%, of capital commitments during each Fund's
investment period and thereafter 1.5% to 2% of the cost basis of investments, subject to certain
adjustments as more fully described in the fund documents that have not been fully realized, as well as
a performance-based fee as discussed in Item 6 below. All fees are set out in the offering documents
relating to each Fund and are generally non-negotiable. Management fees are deducted from each
Fund's account in advance on a quarterly or semiannual basis. No other fees are charged.

The Funds pay for all expenses relating to their activities (to the extent not reimbursed by a portfolio
company), including: all expenses incurred in connection with the evaluation, acquisition, holding,
refinancing, recapitalization, disposition or proposed disposition of any Fund investments;
management fees; costs and fees relating to the preparation of financial and tax reports, portfolio
valuations and tax returns of the Fund; the costs of prosecuting or defending any legal action for or
against the Fund, the General Partner, or their affiliates; all costs related to the Fund's indemnification
of the General Partner, its affiliates and the members of the Fund's Advisory Boards; interest on and
fees and expenses arising out of all permitted borrowings made by the Fund; the costs of any litigation,
director and officer liability or other insurance and indemnification or extraordinary expense or liability
relating to the affairs of the Fund; all unreimbursed out-of-pocket costs relating to investment
transactions that are not consummated; all expenses of liquidating a Fund; and any taxes, fees or
other governmental charges levied against the Fund and all expenses incurred.

Item 7 Types of Clients
We provide investment management and advisory services to the private equity funds, which are
organized as partnerships. The limited partners in the Funds consist of institutional investors and high
net worth individuals. We require that each limited partner in a Fund be an accredited investor or a
qualified purchaser.

Our Funds typically require participants to make a minimum commitment amount of $5 million. The
term of a Fund is initially ten years, subject to extension.