Fees and Compensation — Form ADV Part 2A (3/29/2021)
[Brochure]
Item 5: Fees and Compensation
The General Partner of the US Partnership typically would receive from the US Partnership annual
management fees (“Management Fee”) equal to a percentage (“Management Fee Percentage”)
of (i) aggregate capital commitments of the Fund’s investors (each a “Limited Partner”) during
the Investment Period (as such term is defined in the PPM) and (ii) following the Investment Period,
the sum of each Limited Partner’s Management Fee Percentage of the aggregate value of the US
Partnership’s investments allocated to that Limited Partner pro rata on the basis of its capital
commitments, subject to limitations set forth in the PPM. Limited Partners with capital commitments
of $100 million or more may be entitled to a reduction in the Management Fee. The General
Partner has the discretion not to charge a Management Fee to owners and affiliates of the General
Partner who are Limited Partners. Currently, RRIA is not collecting a Management Fee from the
Funds.
Account Minimums and Types of Clients — Form ADV Part 2A (3/29/2021)
[Brochure]
Item 7: Types of Clients
RRIA provides investment advice to the Funds. The Funds are not registered under the Investment
Company Act of 1940, as amended and the investments purchased for the Funds are not registered
under the Securities Act of 1933, as amended (the “1933 Act”). Access to information about the
Funds is limited to investors who meet specified minimum investment criteria relating to their
financial holdings, investment experience, etc.
The minimum capital commitment that the Funds accept from a prospective investor is $25 million;
however, the General Partner of a Fund, in its sole discretion, may reduce this requirement for any
prospective investor.