Family Office Structure (Asset Management Services)
Leon Black
All Overhead
* Employees
* Office lease
* Equipment
Research
Leon Black * Accounting, legal and
Family Members and administration
Managing Investment
Family Entities Member Manager
Members
Legend:
= corporation
Investment Portfolio**
= partnership
C = disregarded entity
* Allocation of Net Profit per Fiscal Period for each calendar year in the amount equal to 115% of
aggregate direct and indirect costs associated with asset management services for such
calendar year.
n Can include investments in funds managed by LLC-IM for third party investors. 104749214_1.PPTX
EFTA00584331