Fees and Compensation — Form ADV Part 2A (3/30/2026)
[Brochure]
Item 5. Fees and Compensation
Fees Generally
The Firm’s fees and compensation are described in each client’s Governing Documents. All of the Firm’s
clients are expected to be “qualified purchasers” (as defined in Section 2(a)(51) of the Investment
Company Act of 1940, as amended).
The Funds
The Firm is paid management fees from the Funds, typically, quarterly in advance. The management fee
generally ranges from 1.00% - 1.75%. Management fees are prorated in the case of a partial calendar
period. The Firm deducts such management fees from each Fund. The Firm may waive or modify the
management fee payable with respect to any investor and has done so for the Firm’s related parties and
the Firm’s employees.
Troluce Capital Advisors, LLC Form ADV Part 2A
Troluce GPs receive performance-based allocations from their respective Funds, as further described in
Account Minimums and Types of Clients — Form ADV Part 2A (3/30/2026)
[Brochure]
Item 7. Types of Clients
Investors in the Funds are generally institutional investors and high net worth individuals that qualify as
“accredited investors” (as defined in Rule 501 under the Securities Act of 1933, as amended) and qualified
purchasers. The minimum initial investment in the Funds will be determined by the Firm and set forth in
the Funds’ Governing Documents. The Firm has waived such minimum and may, in its discretion, do so in
the future under certain circumstances.
If the Firm determines to require a minimum investment for any future client account, it makes that
determination on a case-by-case basis.