Mesirow Private Equity
Mesirow Financial Private Equity Fund VIII-B, L.P.
Summary of Principal Terms
Target Fund Size
18
Term
Management Fees
Carried Interest
GP Commitment
Counsel
Auditor
Credit Facility
$400 million
MESIROW PRIVATE EQUITY
10 years, with three one-year extensions
Management fees will not commence until at least April 16, 2022 and possibly later at the General Partner's discretion. The initial
annual management fee on committed capital will be reduced annually by 10% of the prior year's fee after the seventh
anniversary of the Commencement Date.
Average Annual Fee¹
0.82%
10%, increasing to 15% after achieving a 2.25x gross multiple of investment capital; European-style waterfall with 7% preferred
return
1% of total committed capital, in addition to an Employee Side Fund
Proskauer LLP
Mesirow
KPMG LLP
Silicon Valley Bank
1.
Average annual management fees are calculated over 13 years and assume the Fund's term is extended for three one-year extensions, which can be exercised at the General Partner's discretion.
There can be no assurance that the terms referenced herein will be achieved and materially different terms and results may be achieved. Please see the disclosure page at the end of this presentation for additional information. Nothing contained herein constitutes an offer to sell nor a
solicitation of an offer to buy an interest in any Mesirow investment vehicle(s). Any offer can only be made to qualified investors through the appropriate Offering Memorandum which contains important information concerning risk factors, including liquidity risks, and other material aspects of
the investment and should be read carefully before an investment decision is made and has been delivered to you previously or in conjunction with this presentation.
TRADE SECRET, CONFIDENTIAL AND PROPRIETARY FOR INSTITUTIONAL USE ONLYView entire presentation