Fees and Compensation — Form ADV Part 2A (11/1/2022)
[Brochure]
Item 5: Fees and Compensation
LAT20 will not utilize a standard fee schedule as it will vary depending on the Client and product.
Typically, management fee and / or servicing will be charged either monthly in arrears based on
an annual negotiated rate in the range of 1.0% to 2.0% of net assets under management or on a
negotiated rate with the Client.
In some cases, a carried interest or incentive fees may be paid to LAT20 in accordance with
applicable investment management agreements ranging from 15.0% to 20.0% of profits on
distributions. LAT20’s fees may be based upon more complex formulas, depending on the nature
of LAT20’s engagement (sub-advisory role or CLO collateral manager). Lastly, LAT20, its
Managing Members, or its potential affiliates may realize income and/or capital gains from
investments in investment vehicles for which LAT20 serves as investment advisor, servicer and/or
collateral manager.
Account Minimums and Types of Clients — Form ADV Part 2A (11/1/2022)
[Brochure]
Item 7: Types of Clients
LAT20’s Clients may be institutional investors, family offices, and /or private/public investment
partnerships managed through separately pooled investment vehicles. LAT20 specializes in the
development, management and servicing of these investment vehicles to capitalize upon global
investment opportunities, with a focus on providing emerging market based companies with trade
financing solutions. LAT20 will try to achieve risk-adjusted returns in alternative investment
products for the potential aforementioned Clients.