Additional details for potential partners:
* $250,000 minimum with managing partner given the right to wave this minimum on a case by case basis.
* 3 year lock up with the right to pull out funds at the end of third year and each subsequent year.
* 2% management fee at the beginning of each year, 20% performance fee at the end of each year.
* For each fiscal year there will be reallocated to the capital account of the General Partner from the capital account of each Limited Partner 20% of such Limited Partner’s share of net profits, if any, subject to a loss carryforward provision (sometimes referred to as a “highwater mark”).
* 99 slots available.
* Launching January 1, 2019.
* Institutional and accredited investors only.
* Each Limited Partner will receive reports of the Partnership’s performance quarterly, and audited year-end financial statements annually.
* All investors/partners in the 10,000 Days Fund are welcome to annual 10,000 Days Fund Partners Retreat.
There can be no assurance that the Fund will achieve its investment objective.
If you’d like to receive the 10,000 Days Fund Private Placement Memorandum and other documents to get started on becoming a partner on launch date, please email [email protected] or call us at (646) 504-6550.
Counsel: Seward & Kissel LLP
One Battery Park Plaza
New York, New York 10004