Fees and Compensation — Form ADV Part 2A (7/2/2026)
[Brochure]
ITEM 5: FEES AND COMPENSATION
Our clients pay us a fixed fee, which we negotiate with them at our sole discretion.
We invoice our clients three times a year, in arrears, each time for a four-month period. We sent our
clients an invoice that is payable and deposit payments in our corporate account.
Similar advisory services are available from other investment advisers for similar or lower fees.
The fees payable to us do not include other fees and expenses that customers of clients, or clients, incur.
The fees associated with an SEC registered investment adviser that exercises discretion for its direct
clients are not applicable to us.
If a client terminates a mandate during a quarter, we will charge a fee only for that portion of the quarter
during which we provided services.
Neither we nor any of our supervised persons accept compensation for the sale of securities or other
investment products, including asset-based sales charges or service fees from the purchase or sale of
listed or private funds.
Account Minimums and Types of Clients — Form ADV Part 2A (7/2/2026)
[Brochure]
ITEM 7: TYPES OF CLIENTS
Our client is an investment manager located outside the United States that manages money for its
customers. We do not have any interaction with customers of clients.
AUM Breakdown
Accounts
AUM ($M)
By Client Type
(a) Individuals (other than high net worth individuals)
0
0.0
(b) Individuals (high net worth individuals)
0
0.0
(c) Banking or thrift institutions
0
0.0
(d) Investment companies
0
0.0
(e) Business development companies
0
0.0
(f) Pooled investment vehicles
0
0.0
(g) Pension and profit sharing plans
0
0.0
(h) Charitable organizations
0
0.0
(i) State or municipal government entities
0
0.0
(j) Other investment advisers
7
450.0
(k) Insurance companies
0
0.0
(l) Sovereign wealth funds and foreign official institutions
0
0.0
(m) Corporations or other businesses not listed above