||$1,000,000 or more (Management has discretion to accept lower minimum amounts up to $100,000)
||0.5% of pro-rata share of Assets Under Management
||2.0% of pro-rata share of Assets Under Management
|Carry/Profits Allocation to Manager
|Net Profits Allocation to Investor
||80% (Distributed pro-rata among Class B Investors)
|Frequency of Distribution
|| Investors who are looking for downside protection, lower fee, or expect moderate fund performance.
||Investors looking for higher profit-sharing in case of significant fund outperformance and are willing to bear a higher fee.
||Advantageous if the fund just reaches the preferred return or performs slightly better due to the lower management fee.
||Beneficial if the fund outperforms significantly because of their profit-sharing structure, even after the higher management fee.