Disruptive Technology Advisers manages investments in securities issued by privately held companies through various private investment vehicles. These companies are expected to become public, but there's no guarantee. Disruptive doesn't tailor its services to individual investors in the Funds, and the Funds are managed according to their private placement memorandums. Disruptive Securities, an affiliated broker-dealer, may broker purchases and sales of securities issued by the Funds and receive compensation.
Fee Structure
Disruptive Technology Advisers charges an advisory fee based on the aggregate amount of unreturned capital commitments for certain Funds for a period of one year. The advisory fee is payable quarterly in advance. The amount of the advisory fee and timing of its payment will be disclosed in each Fund's offering document.