Terms

Prospective partners often ask about the fund's terms. We want to help good people achieve their financial goals, and there are regulations that we must follow. SEC rules require that we only accept partners who are "accredited investors".
This generally means that you need to have:

This generally means that you need to have:

• Annual income above $200,000, or $300,000 combined with
your spouse
• [or] Net worth of $1,000,000 - calculated excluding your home
and any mortgage on it.

If you meet either of those criteria, Blackberg LP is permitted to welcome you as an partner. We will verify that you are accredited using pay stubs, brokerage statements, or other documents that you show us.

Beyond the SEC's requirements - our terms are:

• Minimum Investment of $150,000 - an outstanding investment
opportunity for the full range of accredited investors
• 2% management fee
• 20% incentive fee (or floating incentive fee) - this is how we are
compensated for managing your money. We only make money
when you make money
• High watermark - if the value of your investment in the fund
declines, we do not get an incentive fee until your losses are
fully recouped
• 1 Year lock-up - the earliest you can redeem your investment in
the fund is one year after you make the investment. We think
long-term, and we invest long-term
• Quarterly redemptions - after the first year, you can withdraw
your money once every three months. We plan to be your partner for many years and hope that you think of our relationship the same way.