Disclosed fees include $510,025 in placement agent fees, $443,500 in BD marketing allowance, $221,750 in BD DD allowance, and $286,000 in O&O expenses.
Front-end fee composition
Strengths
- Well-defined placement and allowance fees ($510,025 placement agent, $443,500 marketing, $221,750 DD).
Concerns
- Selling commissions are not explicitly broken out in the documentation.