ID Funds Advisor LLC

ITEM 5: FEES AND COMPENSATION

A.     Description of Compensation and Basic Fee Schedule
The Firm is compensated for its advisory services by means of management (advisory) fees
and performance fees (carried interests). Performance fees (carried interests) are also
remuneration for which the Firm may receive and are further discussed in Item 6.
The Firm generally charges an annual management fee equal to three percent of the
contributed capital for the first two years of the existence of a Private Fund Client. The
management fee for each private fund is set forth in the constating documents for the
private fund. The Firm may alter or negotiate the management fee.
When a Private Fund Client invests in an unrelated collective investment vehicle to gain
exposure to a private operating company because securities of the company are not
available directly, the Firm may reduce its fees to alleviate the impact of two layers of fees.

B.     Payment of Fees
The Firm generally deducts its annual management fee from the assets of the Firm’s Private
Fund Clients.

C.     Other Fees
Private Fund Clients typically pay fees for audit, valuation, and tax preparation services, as
well as other operational and administrative fees associated with the private fund, such as
bank, custodial, and legal fees. The Firm typically creates an expense reserve in each
Private Fund Client sufficient to pay such anticipated expenses for three years.
When a Private Fund Client incurs fees beyond the expense reserve established for the
Private Fund Client, the Firm pays these fees and is reimbursed by the Private Fund Client
upon a liquidity event.
Please refer to the constating documents for each private fund for a more detailed
description of these other fees.
Each Private Fund Client typically pays a placement fee to an SEC-registered, FINRA-
member broker-dealer, which acts as placement agent for the private fund. Barramundi
Capital LLC (CRD # 316044/SEC # 8-70812), a firm formerly known as Parker Street
Securities LLC, typically acts as the placement agent for the private funds managed by the
Firm.
The placement fee is typically equal to five percent of the contributed capital. Please refer
to the constating documents for each private fund for a more detailed description of and the
amount of the placement fee for the private fund.

D.     Prepayment of Fees
The Firm generally charges its annual management fee for the first two years of the existence
of a Private Fund Client in advance.

E.     Other Compensation
Neither the Firm nor its supervised persons accept any other form of compensation other
than that disclosed in this Brochure. Please note, however, that certain supervised persons
of the Firm are also registered representatives of Parker Street Securities, which as noted,
serves as the placement agent to our Firm’s Private Fund Clients, and thus, may receive a
portion of the placement fee described in Item 5.C. of this Brochure.

ITEM 7: TYPES OF CLIENTS

The Firm provides investment advice solely to private funds. These are investment
companies (collective investment vehicles) exempt from registration under section 3(c)(1)
or 3(c)(7) the Investment Company Act of 1940. Investors in the Private Fund Clients are
subject to eligibility requirements set forth in the offering memorandum and the minimum
investment level imposed by the General Partner, who may waive the stated investment
minimum at its discretion.
Interests in these private funds are sold to investors who are both accredited investors (as
defined in Rule 501(a) of Regulation D promulgated under the Securities Act of 1933) and
qualified clients (as defined in Rule 205-3 promulgated under the Investment Advisers Act
of 1940).
Offers and sales of interests in private funds managed by the Firm are exempt from
registration under the Securities Act of 1933. Such offers and sales are typically made in
reliance on Regulation D promulgated under Section 4(a)(2) or Section 506(b) of the
Securities Act of 1933.
For the avoidance of doubt, the Firm’s clients are the Private Fund Clients and not the
investors in those Private Fund Clients. The Firm dos not furnish advisory services directly
to Retail Investors as that term is defined by the SEC.