XP Athlete Empowerment
Offering Details
XP Athlete Empowerment
The Partnership’s investment objective is to seek capital appreciation while minimizing risk. The Partnership intends to accomplish it investment objective by making investments in entities (“Athlete Companies”) that enter into revenue share agreements with professional athletes. Depending on the Athlete Company’s agreement with the athlete, the athlete will either contribute a percentage of his/her salary or, a fixed payment to the Athlete Company. The Athlete Company will make distributions to the Partnership as agreed. The Partnership may make other investments as more fully described in the Partnership’s Private Placement Memorandum (“PPM”).
Offering Overview
A Cayman Island Limited Partnership The Partnership is considered a Passive Foreign Investment Company (“PFIC”) Management Fee – 2% Performance Fee – 20% Redemptions – Two year lockup, thereafter annual on sixty days notice Share Classes: Class A and Type 2 ( See PPM for more details) Fund Administrator – BNP Paribas Securities Services
Leland Hardy
OPERATIONS
Athlete Finance
Disclaimers
This offering is speculative in nature, illiquid and carries the risk of complete loss of invested capital. Prospective investors should read all sections of the offering memorandum and are strongly urged and expected to consult their own legal and financial advisors before making an investment.