Man Global Private Markets USA Inc

ITEM 5 – FEES AND COMPENSATION
The Firm’s fee schedule is omitted because this brochure is being delivered only to qualified purchasers, as
defined in section 2(a)(51)(A) of the Investment Company Act.

The Firm does not maintain a basic fee schedule. The following is a general overview of the types of fees
the Firm charges its clients.

All fees described in this section are generally subject to waiver or reduction by the Firm in its sole
discretion, including waivers or reduction for investments by employees2 and affiliates. In addition, fees
may be negotiable or waivable depending upon a variety of factors, including, among other things, type and
extent of advisory services offered, amount of assets under management, the overall relationship with the
investor and other services offered to the Fund or investor. Accordingly, fees may differ among and between
Clients, as well as among investors in a Fund. The Firm may provide advisory services to its employees
and affiliates without compensation, at discounted fees, and with different liquidity terms.

Fees are negotiated with Clients and are structured in different ways based on the Client’s strategy, services
provided, the Firm’s assets under management associated with the Client and other factors as negotiated
with the Client. Each Fund’s Governing Documents should be referenced for detail related to the applicable
asset management fee (the “Management Fee”) and carried interest fees (the “Carried Interest”). The fees
regarding any Separate Account are set forth in the applicable Governing Documents or other similar
agreement. Any information contained herein is a summary only and is qualified in its entirety by such
documents.

Clients may invest in investments that charge additional fees (i.e., third-party mutual funds), which may
include other management fees. Fees paid to the Firm are in addition to the fees a Client pays to an
unaffiliated manager and fund. The Firm does not receive any portion of the fees paid to unaffiliated
managers.

The ongoing Management Fee may be paid on a quarterly basis, in arrears . Fees are deducted from each
Fund’s assets. Fund investors do not have the ability to choose to be billed directly for fees incurred.

Fund investors should refer to the Fund’s Governing Documents for details relating to specific expenses
relating to the Fund. Each Fund pays for, or reimburses the Firm and its affiliates for their payment of, the
expenses incurred in connection with the organization and formation of a Fund, the Fund’s general partner
or managing member (as applicable) and the offering of the Fund’s interests/shares. Expenses chargeable
to a Fund are allocated to the investors on a pro rata basis based on the investor’s capital commitments.
Where applicable, operating costs will be tracked by series and divided pro rata among the series. Expenses
related to consummated transactions are generally shared pro rata by all Clients and co-investors
participating in the transaction. A potential co-investor who co-invests alongside a Fund shares “broken-
deal” or “dead-deal” expenses only if the co-investor has a contractual obligation to co-invest in the
particular transaction and/or bear such expenses regarding the particular investment. Therefore, the Fund,
and not a potential co-investor, typically bears these expenses.

Each Fund also bears its own expenses, including without limitation all costs and expenses paid by or on
behalf of the Fund relating to its businesses, including but not limited to: operational expenses (including
without limitation legal, filing, auditing, consulting, administration (e.g., services related to processing
subscriptions and capital calls, financial recordkeeping, net asset value calculation, net asset value
publication, investor reporting, anti-money laundering and OFAC compliance, assisting with the
preparation of annual financial statements and other expenses related to the financial statements; any
2“Employee(s)”for purposes of this brochure includes personnel, partners, officers, directors (other than non-executive directors
of Man Group plc) and other persons with similar status or performing similar functions.

expenses associated with preparing, monitoring, analyzing, monitoring tax and administrative reports or
other documentation, external accounting, audit and tax-related preparation expenses; document
safekeeping, and such other administrative services as agreed to from time to time) and accounting fees and
expenses), bank fees, real estate development and management-related fees (including construction
management fees, property management and maintenance fees, paying agent fees and leasing services fees),
transfer agent fees, other investment- or portfolio-related expenses, including expenses associated with the
acquisition, holding and disposition of the investments or investments of portfolio companies (e.g., without
limitation, any brokerage, custody, hedging costs, the fees and expenses of valuation agents, property
managers and maintenance and recurring costs), the costs of sourcing potential investments, including the
expenses of sourcing service providers, whether a transaction was concluded or not (i.e., broken-deal or
dead-deal expenses), if not paid or reimbursed by the related portfolio companies, determined on a cash
basis, due diligence expenses and costs associated with positions of a particular Fund or for which the Fund
is otherwise responsible; expenses associated with the Fund’s information, communication and reporting
costs, including investor (if applicable) annual meeting expenses (but excluding expenses of individual
investors (if applicable)); indemnification and interest expenses; expenses of any third-party advisory
committees of the Fund, third-party directors fees and expenses, expenses of the Advisory Board (if any)
and expenses related to any experts, consultants or legal advisers hired by any advisory committee or
...

ITEM 7 – TYPES OF CLIENTS
The Firm provides investment management and advisory services to pooled investment vehicles and
Separate Accounts (generally, institutions). The interests in the Funds are generally offered in the United
States on a private placement basis, pursuant to Section 3(c)(7of the Investment Company Act, to persons
who are “accredited investors” as defined under the Securities Act and “qualified purchasers” as defined
under the Investment Company Act, and subject to certain other conditions, which are set forth in the
governing documents for the Funds.. The Firm’s Separate Accounts also usually have a minimum capital
commitment, although the amount varies between accounts.