Overview
ADV Part 2A – Firm Brochure 5 Solidarity Capital Management, LLC
in the Fund are offered by a confidential offering memorandum which provides investors with full
disclosure regarding the objectives of the Fund and the risks involved with the offering. Investors that
purchase Interests in the Fund will be admitted to the Fund as limited partners.
Tailoring of Advisory Services
The Adviser manages the funds and securities of the Fund on a discretionary basis. Discretionary
authority allows the Adviser to decide on the specific types of investments, the quantity of investments,
the broker-dealer to be used and the commission rates to be paid for the Client accounts without
obtaining preapproval for each transaction. Due to the nature of the Adviser’s business, Investors are
not allowed to limit the Adviser’s discretionary authority.
Participation in Wrap Fee Programs
The Adviser does not participate in or manage a wrap fee program.
Regulatory Assets Under Management
As of January 1, 2024, the Adviser has regulatory assets under management of $66,733,256, all managed
on a discretionary basis.
Compensation for Our Advisory Services
Management Fees. In consideration for providing the investment management services to the Fund,
the Adviser will generally receive a management fee (the “Management Fee”) on the capital accounts
of Investors. The Fund
shall pay to the Investment Manager management fees (collectively,
“Management Fees”), equal to 1/12 of 1.0% per calendar month (approximately 1.0% annually) of the
lesser of (i) each Investor’s share of the Fund’s Net Asset Value or (ii) the Investor’s Aggregate
Unreturned Capital Contributions. The Management Fee shall be payable monthly in advance and
calculated as of the first day of each calendar month. A pro-rated Management Fee will be charged to
Investors on any amounts permitted to be invested or withdrawn during any calendar month.
The timing of payment of any accrued Management Fee amounts will be at the discretion of the Adviser.
The Adviser, in its sole discretion, may waive or reduce the Management Fee with respect to one or more
Investors for any period of time, or agree to apply a different Management Fee for that Investor. Any
request by the Adviser for the payment of any Management Fee shall be accompanied by an invoice to
the Fund of the amount of the Management Fee due to the Adviser.
Solidarity Capital Partners, LLC, the general partner to the Fund (the “General Partner”), on behalf of
the Adviser has the authority to directly deduct from any Investor’s capital account (the “Capital
Account”) any Management Fee to be paid to the Adviser. Any direct deduction of the Management
Fee will be included in the account statements of the Investors.