Epstein Secrets

to or in excess of a billion dollars. B. Team Dynamic & Experience The Founding Partners have a long, varied and successful working relationship — Andrew and Peter have been working together since PayPal in 2001, with James joining them at Clarium in 2008. Collectively they have structured and manage

oportion to their relative Capital Commitments. iii. Third, after the aggregate amount distributed to each Limited Partner is equal to 300% of such Limited Partner's Capital Commitment as of the date of such distribution, 100% to the General Partner until it has received aggregate distributions totaling 25% of (x) the aggregate di

he event that either (i) James Fitzgerald or (ii) Andrew McCormack (each, a "Managing Member," and togeth

(Le., an amount sufficient to enable the Partnership to distribute to such Limited Partner an amount equal to three hundred percent (300%) of such Limited Partner's Capital Commitment). 13. 147765658 v44 EFTA00808297 For all purposes under this Agreement, the "Second Allocation Hurdle" shall be determined as of the time that

in 2013 and is now backed by a broad range of endowments, foundations, institutional wealth managers, family offices and high net worth individuals. Andrew and James are the sole members of the firm's Investment Committee and are responsible for all of the firm's day-to-day operations. The Firm current

oportion to their relative Capital Commitments. iii. Third, after the aggregate amount distributed to each Limited Partner is equal to 300% of such Limited Partner's Capital Commitment as of the date of such distribution, 100% to the General Partner until it has received aggregate distributions totaling 25% of (x) the aggregate di

d closely with Blackstone Real Estate since 1998. Andrew Lax, Head of Asset Management Europe, has been w

ars. During the Investment Period, the Management Fee with respect to a Limited Partner will equal the Applicable Management Fee Percentage of such Limited Partner's Capital Commitment. After the earlier of (i) the end of the Investment Period and (ii) the time management fees in connection with a successor fund have begun to accr