Offering terms
A. Subscription details
Minimum Commitment: €5,000,000 Maximum Commitment: Unlimited (subject to fund capacity) Commitment Period: Open through [Date 90 days from PPM] First Closing: [Date 120 days from PPM] Final Closing: December 31, 2025
B. Fees & expenses
Organizational Expenses:
- Fund formation, legal, and accounting: €150K–€250K per fund (paid by fund from capital call)
- Investor not responsible for direct organizational expenses
Ongoing Expenses:
- Management fees: 2.0% per fund (deducted from capital calls)
- Administration and operating expenses: Capped at 0.5%–1.0% per fund (varies by vehicle)
- No separate advisory fees for Platform Access Vehicle
Expense Allocation:
- All expenses allocated pro-rata to all LPs
- Quarterly transparency on expense run-rate
- Annual audit of expense allocation
C. Subscription process
- Expression of Interest: Investor completes preliminary questionnaire
- Due Diligence: Allocator One provides data room access; calls with investment team
- Legal Review: Investor counsel reviews LPA and subscription documents
- Subscription: Investor signs subscription certificates and LPA
- Capital Call: First capital call issued (typically 30–60 days after subscription)
D. Investor representation & warranties
By executing subscription documents, Investor represents and warrants:
- Accredited Investor Status: Investor is an accredited investor or qualified investor under applicable law
- Sophistication: Investor has sufficient knowledge and experience to evaluate this investment
- Financial Capacity: Investor can afford to lose entire investment and hold capital for 10–12 years
- No Conflicts: Investment does not violate any law, regulation, or contractual obligation
- Independent Analysis: Investor has conducted independent analysis and obtained professional advice