Fees and Compensation — Form ADV Part 2A (3/24/2023)
[Brochure]
Item 5. Fees and Compensation
The Fund has two fee structures. Class A shares allow annual liquidity and carry a 1% management fee and 10%
incentive fee. Class B shares require rolling two-year liquidity and carry a 1% management fee and no incentive
fee. The majority of investments in the Fund are in Class B shares. The firm generally charges 1% for managed
accounts. Fees for managed accounts and sub-advisory services may vary based on the liquidity terms and account
size.
With respect to the Fund, management fees are paid monthly in arrears and incentive fees, for investors in Class A,
are accrued on the same basis, and paid at year-end or upon redemption. Fees for managed accounts are due
monthly, upon issuance of the monthly statement. The Fund pays for its audit, legal, tax, administrative and certain
research expenses as detailed in the Fund’s legal documents. OQC pays all other expenses of the firm.
The hedge funds that the Fund invests with charge management fees, incentive fees, and other expenses to the Fund.
Account Minimums and Types of Clients — Form ADV Part 2A (3/24/2023)
[Brochure]
Item 7. Types of Clients
Presently, OQC’s sole client is OmniQuest I, LLC, a fund of hedge funds. OQC may also work with other fund of
funds, family offices, high net worth individuals, endowment funds, and pension funds. With respect to the Fund,
the initial and additional subscription minimums are disclosed in the offering memorandum (“PPM”); the initial
minimum is $1 million. OQC, in its sole discretion, may modify the initial and additional investment minimums.
The minimum size of a separately managed account is dependent on the diversification required to meet the agreed
upon investment objectives.