ValueSearch Capital Management - Admission Requirements

Admission Requirements

This overview of admission terms is offered only as a tool to help you to gauge your further interest. It may prevent further expenditures of your effort if you can find out right away that the terms are not to your liking.

However, only the Partnerships’ Agreements contain all of the terms, and are the documents that define them.

These terms are available to new limited partners of VEP and VEP II. They have been last revised in March 2006.

-- General Partner:

ValueSearch Capital Management, LLC

-- Admission Requirements:

To be admitted to VEP an initial deposit of $700,000 is required.
To be admitted to VEP II an initial deposit of $200,000 is required.
Or a deposit of $1,000,000 in aggregate from the same person, in any allocation to VEP and VEP II, is required.

-- Fees and Withdrawals:

Management Fees vary from 1.0% per year to 2.0% per year depending on the frequency of the withdrawals of capital allowed.

The lowest management fee of 1.0%/year is paid by the limited partners who are allowed the least frequent capital withdrawals.

The highest management fee of 2.0%/year is paid by limited partners who are allowed the most frequent capital withdrawals.

All limited partners also pay 20% of profits accrued during a given calendar year.

Copyright © 2006 by ValueSearch Capital Management