EFTA01741550.pdf
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From: Aaron Moskowitz
Subject: Re: P5 Health Ventures
Sent: Tuesday, October 18, 2016 2:29:57 PM
To: Jeffrey Epstein <[email protected]>
I will send the term sheet later and subscription documents this afternoon.
SUMMARY OF TERMS
Fund Size: $25M ($35M cap)
Minimum Commitment Size: $250,000
Term of Partnership: 8 years with two one-year extensions
Investment Period: 4 years
GP Commitment: Minimum $1M or 5% of capital
Extended GP Commitment: Minimum $3M or 10% of capital
Co-Investments: Yes, on a deal by deal basis
Fees and Compensation Allocations
Management Fees: 2% per annum, payable quarterly ahead
Carried Interest: 20% (American Waterfall with Ratchets)
Organizational Expense: $200,000 maximum (expected to be materially lower)
> On Oct 18, 2016, at 9:06 AM, jeffrey E. <jeevacationigmail.com> wrote:
> deal terms ? documents?
> On Tue, Oct 18, 2016 at 8:18 AM, Aaron Moskowitz <a wrote:
> Jeff,
• I'm glad we had the chance to speak over the weekend. I wanted to send you our marketing
presentation and summary. If you'd like to speak more about health tech, the future of medicine and
how we're approaching the space, please let me know. Feel free to share these documents with anyone
interested in this space. My partner and I are in NYC often and would be more than happy to sit down.
> Sincerely,
> Aaron Moskowitz
> --
> please note
> The information contained in this communication is
> confidential, may be attorney-client privileged, may
> constitute inside information, and is intended only for
> the use of the addressee. It is the property of
> JEE
> Unauthorized use, disclosure or copying of this
> communication or any part thereof is strictly prohibited
> and may be unlawful. If you have received this
> communication in error, please notify us immediately by
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EFTA01741550
> return e-mail or by e-mail to [email protected], and
> destroy this communication and all copies thereof,
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EFTA01741551
ℹ️ Document Details
SHA-256
32a4b66086602b79064af4cf29b7a2a13246f2994dc85f1d5c2207bf0d600c6d
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EFTA01741550
Dataset
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document
Pages
2
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