Thomas Weisel Capital Management LLC

Item 5 – Fees and Compensation
TWCM fee schedules are based on the type of account or particular investment strategy involved.

Management Fees. As set forth above, each Investment Fund’s management agreement is individually
negotiated and generally provides for payment of a management fee based on a fixed percentage of
commitments under management in the range of 1.00% to 2.5%. Some Investment Fund agreements have
a provision reducing the applicable management fee for the period after the initial investment period. In
addition, some Investment Fund agreements provide for a carried interest charge based on overall fund
profitability which may be subject to a hurdle. In general, no carried interest is charged unless all the
investors in the Fund are “Qualified Clients” within the meaning of Rule 205-3 under the Advisers Act.
Other Fees and Expenses. Each Investment Fund is responsible for paying any custodial and transaction
fees that may be incurred in connection with TWCM advisory services. In addition, investors in an
Investment Fund bear indirectly other fees and expenses charged to the Investor Fund such as legal,
compliance or regulatory fees, audit, accounting and tax preparation fees and insurance costs. These
expenses generally are deducted from each investor’s capital account. To the extent that an Investment
Fund invests in other funds, investors in the Investment Fund will also be subject to management fees
imposed by the underlying funds in which the Investment Funds invest.

Other Investment Products
Associated persons of TWCM do not sell investment products to clients and, as such, do not receive
additional compensation in respect of investment recommendations and other advice given to clients.

Trading and Other Costs
Clients generally will pay custodial fees, brokerage and other transaction costs in connection with
TWCM’s advisory services. Additional details about brokerage transactions are provided below under the
section “Brokerage Practices”.

Item 7 – Types of Clients/Account Minimums
As set forth above clients consist of pooled investment vehicles structured as limited partnerships and
other forms of entities. The minimum investment amount for each Investment Funds is set forth in such
Investment Fund’s offering documents.