Matthew Robbins

Gerber/Taylor Management (GT) manages various Funds and Separate Accounts.

For the multi-strategy, global hedged equity, blended, emerging markets and offshore U.S. tax exempt Funds, GT receives an annual management fee of 1% of the estimated net assets, paid quarterly in advance. GT also receives an annual management fee from certain other Funds ranging from 0.30% to 0.70% of their respective estimated net assets, paid quarterly in advance. GT does not receive a management fee from a few of the Funds.

GT receives an annual management fee on the Illiquid Funds of 1% of either investor contributed capital or capital contributed to Managers, depending on the terms of the Funds’ Governing Documents. In a few Funds, a fee break is given for commitments over a certain level. In several of the Funds, GT has elected to either reduce or waive the management fee.

GT receives performance-based allocations from its multi-strategy, global hedged equity, blended and offshore U.S. tax exempt Funds in the amount of 1% of net new profits annually, subject to a high-water mark. GT receives a special allocation of 1% of the profits and losses, regardless of its capital account, from its emerging markets Fund. GT receives a 10% allocation of net profits, which is subject to a high-water mark from its biotech Fund. GT does not receive performance-based allocations from its long biased or special opportunity Funds.