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Capital Commitment Min. Subscription Management Fee
Capital Commitment Min. Subscription Management Fee
Capital Commitment Min. Subscription Management Fee
Min. Subscription
Management Fee
Share Ownership
Capital Calls
Term
Terms
Targeted total capital commitment for the Fund is $1 million. This will be raised from institutional
and high net worth investors.
The Fund may accept over-subscriptions in an amount of $500K.
3% p.a. of capital commitment and paid at the end of each year. (For the year 1, management fees
are paid 1% upfront and the remaining 2% is paid at the end of the year.)
LP's hold 60% of the shares and GP's hold 40% of the shares of each investment portfolio.
The initial paid up proportion on the capital commitment of each Limited Partner will be 20%. The
General Partner will increase the paid up proportion on the capital commitment of each Limited
Partner from time to time so that a 10% buffer is maintained at all times during the investment
period until such time as the paid up proportion of each partner is 100%
6 years