Hale Partnership Capital Management LLC

Item 5 – Fees and Compensation

Fund Fees

Neither Hale Partnership Fund L.P. nor MGEN II – Hale Fund, L.P. charge a
management fee to their investors. However, Hale Medical Office Building Fund, L.P.,
Hale Government Building Fund, L.P., Smith - Hale Fund L.P., Dickinson – Hale Fund
L.P., and Hale ICFG Fund, L.P. do charge management fees to their investors. Such
management fees are paid to Hale on the following terms:

      Hale Medical Office Building Fund, L.P. The Fund pays to Hale an asset
      management fee equal to 1.0% annually (0.25% each quarter) of the aggregate
      capital contributions made to the Fund by then-current investors in the Fund.

      Hale Government Building Fund, L.P.       The Fund pays to Hale an asset
      management fee equal to 1.0% annually (0.25% each quarter) of the aggregate
      capital commitments made to the Fund as of the last day of the immediately
      preceding calendar quarter by then-current investors in the Fund.

      Smith - Hale Fund L.P. Each Fund investor pays, through the Fund, its
      proportionate share of the quarterly management fee calculated and payable in
      advance to Hale as of the close of business in New York on the last business
      day of the preceding quarter. The management fee is calculated based on an
      annual rate of one percent (1%) of the Fund’s net assets less cash.

      Dickinson – Hale Fund L.P. Each Fund investor pays, through the Fund, its
      proportionate share of the quarterly management fee calculated and payable in
      advance to Hale as of the close of business in New York on the last business
      day of the preceding quarter. The management fee is calculated based on an
      annual rate of one percent (1%) of the Fund’s net assets.

      Hale ICFG Fund, L.P. The Fund pays to Hale an asset management fee equal to
      1.0% annually (0.25% each quarter) of the net asset value of the Fund, which is
      calculated and payable in advance, on the first day of each calendar quarter,
      and prorated for any partial calendar quarter.

      The Management Fees of the Funds are generally subject to waiver or reduction
      by the General Partner in its sole discretion.

In addition, each Fund is also responsible for certain of its operating expenses. Such
expenses generally include, without limitation, legal, accounting, tax, auditing,
custodial, and administrative fees, as outlined in the offering document related to each
Fund.

Institutional Investor Fees

Hale’s fees for Institutional Investors are negotiated individually with each client.
Generally, fees are deducted from or paid by an Institutional Investor’s account either
monthly or quarterly in arrears.

                Hale Partnership Capital Management, LLC

In the event of a termination of a Fund’s or an Institutional Investor’s investment
advisory agreement, fees will be prorated. Any paid but unearned fees will be
promptly refunded, and any fees due to Hale will be invoiced or deducted from the
Fund’s or the Institutional Investor’s account prior to termination.

Additional information related to the foregoing fee discussion is set forth below under
“Performance-Based Fees and Side-By-Side Management” and “Brokerage Practices”.