Fees and Compensation — Form ADV Part 2A (1/3/2012)
[Brochure]
Item 5: Fees and Compensation
A. Fee Schedule
Investment Supervisory Services Fees
AsiaStar Fund, L.P.
Total Assets Under Management Annual Fee
All Assets Under Management $600,000
indiaSTAR Fund, L.P.
Total Assets Under Management Annual Fee
Net Invested Capital 1.00%
Sycamore Venture Capital, L.P.
Total Assets Under Management Annual Fee
Fair Market Value of Portfolio
2.00%
Companies
These fees are non-negotiable are paid quarterly in advance. The Funds may terminate
any such agreement only with the prior written approval of greater than 50% in Interest
of the Limited Partners and the Funds may terminate their contracts with thirty days’
written notice. Advisory fees are withdrawn directly from the client’s accounts with
client written authorization.
Refunds are given on a prorated basis, based on the number of days remaining in a
quarter at the point of termination. Fees that are collected in advance will be refunded
based on the prorated amount of work completed up to the day of termination within
the quarter terminated. The fee refunded will be the balance of the fees collected in
advance minus the daily rate* times the number of days in the quarter up to and
including the day of termination. (*The daily rate is calculated by dividing the quarterly
AUM fee by the number of days in the termination quarter). The Funds may terminate
their contracts without penalty, for full refund, within 5 business days of signing the
advisory contract.
Form ADV 2A Version: 11/21/2011
Account Minimums and Types of Clients — Form ADV Part 2A (1/3/2012)
[Brochure]
Item 7: Types of Clients
Sycamore has only one type of client, Private Equity and Venture Capital Equity Funds:
Minimum Account Size
There is no account minimum.