www.pennyitworks.com | Manages complex incentive fees. Powerful, easy-to-use fund accounting software handles index or percentage-based fees, hurdles, thresholds, clawbacks, and loss carryforwards

1. FLEXIBLE FEE DESIGN Allows for the utmost flexibility in the design of incentive fees.

2. INVESTOR ROLES Incentive fees are associated with specific investor roles.

3. CALCULATION & REPORTING Clearly tracks both accrued and charged fees, along with any LCF.

4. EXCLUSIONS Exclude certain income or expenses from the incentive fee calculation.

5. SPECIAL CIRCUMSTANCES Easily override a calculation for an incentive accrued or charged.

6. CONTACT US For more information, visit our website: http://www.pennyitworks.com or call us at: (914) 358-0016