Fees and Compensation — Form ADV Part 2A (1/9/2023)
[Brochure]
Item 5. Fees and Compensation
Item 5.A.
Management Fees
Generally, the Investment Manager charges the Funds an asset-based management fee (the
“Management Fee”) for the investment management services provided, at an annual rate of between
1.0% and 2.0% of the net asset value of such Fund or the capital commitments of the underlying
investors. The Management Fee is billed in advance as of the first day of each calendar quarter.
Account Minimums and Types of Clients — Form ADV Part 2A (1/9/2023)
[Brochure]
Item 7. Types of Clients
NovaWulf provides investment advice to pooled investment vehicles. The Funds’ interests are
generally offered only to a limited number of individual and institutional investors who meet the
definition of “qualified purchaser,” as defined in the Investment Company Act of 1940 and the rules
promulgated thereunder. In general, the investors in the Funds are expected to include endowments
and foundations, family offices, high net worth individuals, and investment institutions. The Funds
managed by NovaWulf generally require a minimum aggregate investment of $5,000,000.
In the future, NovaWulf may also provide investment advice to clients through separately managed
accounts.
Offered $500,000,000 · Filed 2023-01-20 (D/A) · Exemption 506(b), 3(c), 3(c)(7) · Minimum $100,000 · Remaining $468,875,000 · Duration One year or less · Net Assets Decline to Disclose