Fees and Compensation — Form ADV Part 2A (3/14/2017)
[Brochure]
Item 5 Fees and Compensation
The Fund entered into an advisory agreement with Registrant pursuant to which Registrant receives a
management fee as well as a performance-based fee. The management fee is 1.50% per year, is
generally payable quarterly in advance and is based either on total Fund assets or each investor’s
committed capital. The performance fee is generally 20% of the net profit each year of the Fund or the
net appreciation of each investor’s capital account, as the case may be. Any performance fee charged to
the Fund complies with the requirements of Section 205 of the Investment Advisers Act of 1940
(“Advisers Act”) and the applicable rules thereunder.
Account Minimums and Types of Clients — Form ADV Part 2A (3/14/2017)
[Brochure]
Item 7 Types of Clients
Registrant provides investment advice to a private investment company that is organized as a limited
liability company.