Extracted Fund Terms
40 fields extracted across 5 categories · 94% average confidence
29High confidence (≥90%)
11Review suggested (70–89%)
0Manual review needed (<70%)
| Field | Extracted Value | Source Document | Page | Confidence |
|---|---|---|---|---|
| Management Fee | 1.5% per annum on committed capital | MCP III - LPA (Amended).pdf | 47 | 98% |
| Management Fee Step-Down | 1.25% post-investment period | MCP III - LPA (Amended).pdf | 47 | 97% |
| Carried Interest | 20% above 8% preferred return | MCP III - LPA (Amended).pdf | 52 | 99% |
| Preferred Return (Hurdle) | 8% per annum, compounded annually | MCP III - LPA (Amended).pdf | 52 | 99% |
| GP Commitment | 1% of total fund commitments | GP Commitment Letter.pdf | 2 | 95% |
| Clawback | European waterfall with 5-year lookback | MCP III - LPA (Amended).pdf | 58 | 92% |
| Fund Size | $1,247M committed capital | Q3 2024 Capital Account Statement.pdf | 3 | 99% |
| Fund Term | 10 years + 2 one-year extensions | MCP III - LPA (Amended).pdf | 12 | 99% |
| Investment Period | 5 years from final close (Dec 2019) | MCP III - LPA (Amended).pdf | 12 | 98% |
| Organizational Expenses | Capped at $5M | MCP III - LPA (Amended).pdf | 61 | 88% |
| Broken Deal Expenses | Borne by fund; charged to limited partners | Broken Deal Expense Policy.pdf | 1 | 84% |
| Distribution Waterfall | European waterfall; return-of-capital first | MCP III - LPA (Amended).pdf | 54 | 96% |
| Transfer — GP Consent | Required; discretionary standard | MCP III - LPA (Amended).pdf | 74 | 97% |
| Transfer — ROFR | 30-day exercise window from notice date | MCP III - LPA (Amended).pdf | 76 | 95% |
| Transfer — Other LP Consent | Not required (GP sole discretion) | MCP III - LPA (Amended).pdf | 74 | 82% |
| Transfer — Qualified Purchaser | Transferee must be Qualified Purchaser (§3(c)(7)) | MCP III - LPA (Amended).pdf | 75 | 94% |
| Transfer — Minimum Transfer Amount | $5M committed capital equivalent | MCP III - LPA (Amended).pdf | 75 | 91% |
| Transfer — Tax Withholding | FIRPTA certificate required for non-US transferors | Seller Tax Disclosure Package.pdf | 4 | 78% |
| Transfer — Effective Date | GP signature required; effective on GP approval | Transfer Agreement Draft v3.docx | 8 | 87% |
| Transfer Fee | Reasonable legal costs reimbursed to fund | MCP III - LPA (Amended).pdf | 77 | 85% |
| Key Person Clause | >50% time commitment by designated key persons | MCP III - LPA (Amended).pdf | 83 | 96% |
| Key Persons Designated | J. Whitmore, R. Okonkwo, L. Bergmann (3 of 3 required) | MCP III - LPA (Amended).pdf | 83 | 88% |
| Advisory Board | 5 LP representatives; quarterly meetings required | GP Advisory Committee Charter.pdf | 3 | 94% |
| Removal of GP | Supermajority (75%) of LP commitments required | MCP III - LPA (Amended).pdf | 89 | 97% |
| Conflict of Interest Policy | GP must disclose; advisory committee approval for related-party transactions | MCP III - LPA (Amended).pdf | 91 | 90% |
| Co-Investment Rights | LPAC members have first right; pro-rata basis | GP Advisory Committee Charter.pdf | 7 | 86% |
| Fund Extension Approval | Majority of LP commitments (>50%) required | MCP III - LPA (Amended).pdf | 13 | 93% |
| LP Consent Threshold | Majority = >50%; Supermajority = 66.7% | MCP III - LPA (Amended).pdf | 6 | 96% |
| Quarterly Reports | Due within 60 days of quarter end | MCP III - LPA (Amended).pdf | 103 | 99% |
| Annual Audited Financials | Due within 120 days of fiscal year end | MCP III - LPA (Amended).pdf | 104 | 99% |
| Capital Account Statements | Quarterly; GAAP basis with PCAP reconciliation | MCP III - LPA (Amended).pdf | 104 | 95% |
| Auditor | Deloitte & Touche LLP | Audited Financial Statements FY2023.pdf | 1 | 99% |
| Valuation Standard | IPEV guidelines; quarterly marks | Valuation Policy - MCP III.pdf | 2 | 97% |
| ILPA Reporting | ILPA template reporting adopted | MCP III - LPA (Amended).pdf | 105 | 88% |
| Tax Classification | Partnership for US federal income tax | MCP III - LPA (Amended).pdf | 118 | 98% |
| UBTI | GP to use commercially reasonable efforts to minimize | MCP III - LPA (Amended).pdf | 119 | 89% |
| ECI Blocker | Available for non-US LPs on written request | Side Letter - Abu Dhabi Investment Authority.pdf | 4 | 82% |
| Tax Year | Calendar year (December 31) | MCP III - LPA (Amended).pdf | 118 | 99% |
| Schedule K-1 Delivery | By March 15 (estimated by Feb 1) | MCP III - LPA (Amended).pdf | 120 | 94% |
| BBA Partnership Audit Regime | GP designated as Partnership Representative | LPA Amendment No. 3.pdf | 7 | 91% |