Fees and Compensation — Form ADV Part 2A (3/23/2017)
[Brochure]
Item 5: Fees and Compensation
Fees are paid to Kinetic Ventures based on management
agreements between the individual Funds and the general
partner of the Funds. The agreements specify times, amounts
and conditions for the payments. Generally, the annual fee
represents 2.5% of the total subscriptions of all partners of the
Funds and is paid after the capital is called from the partners or
members of the Fund for the life of the Fund. The fees may be
reduced to lower than 2.5% of total subscriptions as specified in
Form ADV, Part 2A: Firm Brochure Page 4 of 11
Kinetic Ventures, LLC
SEC File No.: 801-68165
IARD/CRD No.: 144453
03-23-2017
each partnership agreement following a defined investment
period. Once the terms of the fee are established, the fee is non-
negotiable and non-refundable. But the fee is recoverable
before performance compensation is paid to the manager.
The Funds, as outlined in the partnership agreement, reimburse
Kinetic Ventures for organizational expenses. Organizational
expenses were capped at $750,000 per Fund.
Account Minimums and Types of Clients — Form ADV Part 2A (3/23/2017)
[Brochure]
Item 7: Types of Clients
The clients of Kinetic Ventures are the two Funds which are
limited partnerships. The Funds’ partners or members are
university endowments, public and private pension plans,
family offices, individuals, corporations and an insurance
company.
When a new Fund is established a minimum capital
commitment is established, which may be waived by the
General Partner of the Fund.
Form ADV, Part 2A: Firm Brochure Page 5 of 11
Kinetic Ventures, LLC
SEC File No.: 801-68165
IARD/CRD No.: 144453
03-23-2017
Offered $15,000,000 · Filed 2020-05-04 (D) · Exemption 506(b), 3(c), 3(c)(1) · Remaining $15,000,000 · Duration One year or less · Revenue Decline to Disclose