Pike Street Capital LP

Item 5: Fees and Compensation
Description
The flagship Funds (i.e. excluding co-invest / continuation vehicles) pay an annual management fee of 2% to the
Firm, quarterly in advance. The management fee shall commence on the date of the initial closing or upon a date
specified by the General Partner in the initial capital call notice and pro-rated for partial periods. The General
Partner may in its sole discretion, at any time, waive, reduce, defer, or assign any portion of the management fee.

Fee Billing
The management fee shall be determined on the business day preceding the first business day of each calendar
quarter and shall be payable upon the first business day of each calendar quarter. The management fee is paid
through each limited partners’ capital account.
Pike Street Capital, LP                                                                           Page 4 of 8
Form ADV Part 2A – March 27, 2026

The management fee will be offset by any Excess Portfolio Company Expenses, as further defined in the limited
partnership agreement, reimbursed to the General Partner and fees paid to the placement agent in accordance
with the limited partnership agreements.

Other Fees
The investors of the Funds will be responsible for partnership expenses, including organization expenses up to a
cap, related to the Funds, including but not limited to:

    •   Expenses incurred in connection with the business affairs and operations of the Partnership, including the
        sourcing, due diligence, purchase, acquisition, holding, transfer or sale of any actual or prospective
        investment.
    •   Travel expense
    •   Expenses of any operating advisors
    •   Meetings and business-related entertainment with potential and existing portfolio companies
    •   Cost of the placement agent provided the placement agent fees paid in the preceding calendar year will
        be offset against current year management fees paid by the investors.
    •   Professional service fees, including audit, tax, consulting and legal.
    •   Director and Officer insurance

This list does not include all possible expenses; the details of all expenses borne by the investors of the Funds can
be found in the Funds’ respective offering documents. Each investor should read and understand all the expenses
incurred.

Termination and Fees Paid in Advance
No partner may withdraw any amount from the Funds unless the General Partner has provided an exception. In
the discretion of the General Partner, a limited partner may transfer his/her interest to another party that meets
the required qualifications and will pay fees borne by each investor up to the point of transfer.

Item 7: Types of Clients
Description
Pike Street only provides investment advice to the private equity Funds. The investors of each Fund must meet
specific financial requirements.

Account Minimums
The Firm does not have a stated minimum commitment amount by each Limited Partner

Pike Street Capital, LP                                                                          Page 5 of 8
Form ADV Part 2A – March 27, 2026