MLC Asset Management US provides investment management and advisory services, primarily through its private equity team. It offers non-discretionary investment management services to MLC Asset Management Pty Limited, an affiliate in Australia, and discretionary investment advisory services to certain pooled investment vehicles. The firm focuses on researching private equity funds and managers, negotiating investment transactions, and monitoring investment performance. MLCAM US does not tailor its advisory services to the individual needs of investors in the Portfolios or Private Funds, nor accepts investor-imposed investment restrictions.
Fee Structure
MLC Asset Management US provides investment management services to pooled investment vehicles. The Partnerships pays MLCAM US a management fee beginning on the closing, (i) with respect to investee funds, at the investee fund fee rate on the invested capital of the investee funds held by the Partnership’s master fund as of the end of the quarter immediately preceding the quarter for which such Management Fee is being calculated and (ii) with respect to direct investments, at the direct investment fee rate on the invested capital of the invested funds held by the Partnership’s master fund as of the end of the quarter immediately preceding the quarter for which such Management Fee is being calculated, as determined by the General Partner in its reasonable discretion.