Arbolada Capital Management Co

Key economics

Preferred return

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Hurdle rate

—

LP / GP split

—

GP catch-up

—

GP clawback

—

GP commitment

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Diligence findings (14 · 6 high/critical)

• high
  DDQ gap: Does the fund engage an independent auditor?The offering documents don't answer a standard institutional DDQ question (Governance). An allocator will ask this directly — the GP should be ready with an answer.
• high
  DDQ gap: Does the fund have a GP clawback provision?The offering documents don't answer a standard institutional DDQ question (Economics). An allocator will ask this directly — the GP should be ready with an answer.
• high
  DDQ gap: Is the fund's fee schedule disclosed (management fee, etc.)?The offering documents don't answer a standard institutional DDQ question (Fees & Expenses). An allocator will ask this directly — the GP should be ready with an answer.
• high
  DDQ gap: What is the LP/GP carried-interest split above the preferred return?The offering documents don't answer a standard institutional DDQ question (Economics). An allocator will ask this directly — the GP should be ready with an answer.
• high
  DDQ gap: What is the preferred return (hurdle) rate offered to LPs?The offering documents don't answer a standard institutional DDQ question (Economics). An allocator will ask this directly — the GP should be ready with an answer.
• high
  Unfilled placeholder text — [ — ] (authorized share counts, Section 4.1)Section 4.1 ships with three unfilled [ — ] blanks for total authorized shares, authorized preferred shares, and authorized common shares — the certificate is not finalized.
• medium
  Broken cross-reference — Section 7.2.7 (should be 8.2.7)The definition of 'Excepted Holder Limit' cites 'Section 7.2.7' but no such subsection exists — Article VII is the Indemnification article with only Sections 7.1-7.3; the correct reference is Section 8.2.7 (Exceptions), which is cited correctly in the adjacent 'Excepted Holder' definition and in the following clause of the same sentence.
• medium
  DDQ gap: Does the fund use a third-party fund administrator?The offering documents don't answer a standard institutional DDQ question (Governance). An allocator will ask this directly — the GP should be ready with an answer.
• medium
  DDQ gap: Is there a GP catch-up, and at what rate?The offering documents don't answer a standard institutional DDQ question (Economics). An allocator will ask this directly — the GP should be ready with an answer.
• medium
  DDQ gap: What distribution-waterfall structure does the fund use?The offering documents don't answer a standard institutional DDQ question (Structure). An allocator will ask this directly — the GP should be ready with an answer.
• medium
  DDQ gap: What is the GP's capital commitment (skin in the game)?The offering documents don't answer a standard institutional DDQ question (Economics). An allocator will ask this directly — the GP should be ready with an answer.
• medium
  DDQ gap: What is the target offering size?The offering documents don't answer a standard institutional DDQ question (Structure). An allocator will ask this directly — the GP should be ready with an answer.
• low
  DDQ gap: What is the minimum LP investment?The offering documents don't answer a standard institutional DDQ question (Structure). An allocator will ask this directly — the GP should be ready with an answer.
• info
  Spelling / typo — subject-verb disagreement: 'containing this Article VIII are filed'The 'Initial Date' definition uses the plural verb 'are filed' with the singular subject 'Certificate of Incorporation'; should read 'is filed.'

DDQ readiness — 15% covered

2 answered · 0 partial · 11 gaps of 13 standard questions.