Fees and Compensation — Form ADV Part 2A (3/31/2022)
[Brochure]
Item 5: Fees and Compensation
The fees applicable to each of the Funds are set forth in detail in the corresponding
Offering Documents. A brief summary of such fees is provided below.
Management Fee
StackLine is paid an investment management fee (“Management Fee”) ranging from
1.00% - 1.50% per annum of the net asset value of the applicable Fund. The
Management Fee is generally charged on the first day of each quarter and is paid in
advance based on the applicable Fund’s net asset value on the first day of such
quarter.
Generally, the Management Fee is not negotiable. However, StackLine in its sole
discretion, may waive, reduce or modify the Management Fee at any time, without
notice to or consent from any Fund (or underlying investor in such Fund).
The specific terms (including fees and expenses) applicable to each Fund are set forth
and described in the Offering Documents of each Fund. While this Brochure presents
an overview of such terms across Funds, each Investor is encouraged to read the
Offering Documents of any relevant Fund for information specific to such Fund.
Pursuant to the terms of the applicable investment advisory agreement, if the
investment advisory relationship is terminated (or funds are withdrawn or redeemed)
as of any date other than the last business day of the applicable payment period, we
typically charge a prorated Management Fee based on the ratio that the number of
days for which investment advisory services were rendered bears to the total number
of days in that payment period, and we return any unearned fees to the Client or
underlying Investor.
Account Minimums and Types of Clients — Form ADV Part 2A (3/31/2022)
[Brochure]
Item 7: Types of Clients
Our clients are the Funds, as described in Item 4 above, and the Funds are generally
open to, among others, institutions, funds of funds, pension plans, foundations,
endowments, high net-worth individuals, financially sophisticated individuals, and
other sophisticated investors.
Generally, the minimum initial investment in the Funds is $5 million. However, the
Fund General Partner and/ or StackLine, as applicable, may, in its sole discretion,
accept smaller initial investments from time to time.
Filed 2022-05-20 (D/A) · Exemption 506(b), 3(c), 3(c)(7) · Minimum $100,000 · Remaining Indefinite · Duration More than one year · Net Assets Decline to Disclose
AUM Breakdown
Accounts
AUM ($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
4
495.2
(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
0
0.0
(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