Get Chelsea Fund Term Sheet

This guide provides a comprehensive overview of how to complete the CHELSEA FUND TERM SHEET online. Whether you are an experienced investor or new to digital document management, this step-by-step approach will help you navigate the form with confidence.

Follow the steps to successfully complete your term sheet.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Review the investment details section, which outlines the Chelsea Fund's commitment and term. Ensure that the $100 million commitment and the 5-year term are accurately reflected.
3. Fill in the internal rate of return (IRR) details. You will need to indicate the current pay on cash flows, capital appreciation on exit, and the total return, ensuring the expected 15% IRR is clear.
4. Complete the placement section by detailing that the fund seeks institutional investors with allocations of $10 million to $25 million. Double-check this information for precision.
5. In the management section, include the details of Parkmont Capital, LLC as the managing partner, including their qualifications and experience in the industry.
6. Address the drawdown timeline. Indicate that $100 million is expected in 12-18 months and highlight the individual partnerships for transparency and diversification.
7. Next, outline the portfolio expectations with a build-up to $300 million to $400 million and mention the diversified sectors targeted within the New York Metro and Northeast Corridor.
8. Review the exit strategies and ensure multiple channels for recapitalization are noted, along with the investment repayment details within the 5-year term.
9. In the liquidity section, ensure the terms for sale after 3 years and retention options for higher returns are accurately filled in.
10. Complete the management fee and transaction fees sections, documenting the 1% annual commitment fee and other applicable fees clearly.
11. Finalize by providing information on reports, administration, and legal aspects associated with the fund, ensuring accuracy and completeness.
12. After reviewing all information for accuracy, you can save your changes, download the document, print it, or share it as required.

Complete your CHELSEA FUND TERM SHEET online today and ensure that you are ready for your investment journey.