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DDQ threads

Outpost A-2 management fee

EBYou

What is the management fee for Outpost A-2, and does it step down after the investment period?

GPGreenPoint IR

The management fee for Outpost A-2 is 1.5% per annum on committed capital during the investment period . Following the investment period, the fee steps down to 1.25% on invested capital (excluding recycled proceeds) . During any extension period, the fee reverts to 1.5% on net invested capital .

Grounded answer · 3 sources

EBYou

How does that compare to GRAF II?

GPGreenPoint IR

GRAF II carries a 1.75% management fee during the investment period with no step-down provision . The Outpost A-2 fee schedule is therefore both lower at inception and structurally more LP-favorable through the step-down.

Note: the Outpost A-2 side letter with one LP modifies the post-IP rate — that document is restricted .

Grounded answer · 2 sources

Enter to send · Shift+Enter for newline

Answers are grounded in GreenPoint's Q2 2026 data room and cite their sources.

Documents

Corpus grounded in the Q2 2026 data room · Outpost A-2

847

Total documents

95%

Enrichment coverage

12

Pending review

94.2%

Eval grounding score

Document	Tier	Chunks	Citation rate	LP visible	Last enriched
CIM & Master Corpus · 6 documents
Outpost A-2 PPM (2024) PDF · 4.2 MB · 312 pages	LP-grade	486	38%	Visible	2026-05-28
Outpost A-2 LPA Summary PDF · 1.1 MB · 48 pages	LP-grade	142	31%	Visible	2026-05-28
GRAF II PPM (2023) PDF · 3.8 MB · 287 pages	LP-grade	401	22%	Visible	2026-05-21

Commercial & Operations · 214 documents
Portfolio Operating Review Q1 2026 XLSX · 880 KB	Operational	96	14%	Gated	2026-05-12
2026 Strategic Plan & Pipeline PPTX · 6.4 MB	Strategic	58	3%	Internal	2026-04-30

Legal & Side Letters · 31 documents
Meridian Side Letter — Outpost A-2 PDF · 220 KB · restricted	Personal/Legal	12	1%	Restricted	2026-03-18

Document detail

Outpost A-2 PPM (2024)

LP-grade

File typePDF · 4.2 MB

Chunks / vectors486 / 486

Pages312

Citation rate38%

Last enriched2026-05-28

Gating & visibility

LP visible

Surfaced to LPs at their entitled tier

Gated (Extended tier only)

Hidden from Standard-tier LPs

Saving gating change…

Enrichment coverage

100%

Summaries, section index, and figure extraction complete.

Top-cited sections

§4.2 Management Fee §7.3 Key Person Art. VI Distributions §3.1 Investment Period

HESTA Operational DDQ

Outpost A-2 · uploaded Jun 18 by GP team · 47 questions / 8 sections

47/47

Answered

4.2

Avg sources / answer

3

Need GP follow-up

8m 34s

Completed in

Apex Partners DDQ In progress

GRAF II · 38 questions / 7 sections · started 1m ago

live

12 of 38 answered (32%)

Retrieval complete

Generating answers (32%) · 12 of 38

Flag answers needing GP follow-up

Q4.1

What is the management fee, and does it change over the life of the fund?

The management fee is 1.5% per annum on committed capital during the investment period , stepping down to 1.25% on invested capital following the investment period . During any extension period the fee reverts to 1.5% on net invested capital .

Answered

Q4.2

Describe the distribution waterfall and carried interest structure.

Distributions follow a standard European waterfall: return of capital, an 8% preferred return, a GP catch-up, then an 80/20 carry split .

Answered

Q4.7

Are there any side letters that modify the fee terms for specific LPs?

One side letter modifies the post-investment-period fee for a single LP. That document is restricted and was not used to ground a public answer . GP review recommended before responding to HESTA.

Needs GP follow-up

Q1.1

Describe the ownership and governance structure of the management entity.

GreenPoint Partners is the general partner; the management company is wholly owned by the founding partners with a documented succession plan .

Answered

Q5.1

Does the firm maintain a formal Responsible Investment policy?

Yes — the firm maintains a board-approved Responsible Investment policy reviewed annually, aligned to UN PRI .

Answered

LP Access

Invitations, fund entitlements, and access tiers

24

Active invitations

3

Pending

18

Standard tier

6

Extended tier

Organization	Fund	Tier	Status
Meridian Capital Partners 3 users · invited Apr 12	Outpost A-2	Extended	Accepted
Apex Institutional 2 users · invited Jun 03	GRAF II	Standard	Pending
HESTA Super Fund 5 users · invited Mar 28	Outpost A-2	Standard	Active
Pacific Endowment 4 users · invited Feb 14	Outpost A-2 + GRAF II	Extended	Accepted

Review Queue

Certification gates per cell · review starts at the suspect cell, not the row

12

Awaiting review

4

Checksum failures

5

Dual-extract disagreements

0

Coverage alarms

#1847 PPM §7.3 Key Person Outpost A-2 · Row 14 · col "threshold"

Lease 4d

checksum

pass

dual_extract

fail

corroboration

pass

closed_world

n/a

Suspect cell [14,3]: dual-extract disagreement — extractor A read 51%, extractor B read 15%. Resolve before certifying.

#1842 Q1 Report Portfolio GRAF II · Row 8 · col "nav"

Lease 2d

checksum

fail

dual_extract

pass

corroboration

n/a

closed_world

pass

Suspect cell [8,nav]: checksum failure — expected $142.3M vs computed $124.3M.

Reporting Sign-off

Q2 2026 portfolio reporting run · Outpost A-2

The normal ingest path promotes silently. A run lands here only when previously-locked numbers were restated, or a current-period figure changed — a named person must acknowledge each change before it is promoted. Restatements are ordered first.

1

Restatements (this run)

1

Changed current

0/2

Acknowledged

2

Context rows

Changes to acknowledge (2)

Each restated or changed-current figure must be acknowledged. Forward-looking projections are flagged so a restated projection is never read as a realized number.

Ack	Figure	Prior → New	Δ / %	Type	Note
	NAV Outpost A-2 · Q1 2026 · actual/reported	$142.3M $124.3M	−$18.0M (−12.6%)	Restatement
	DPI Outpost A-2 · Q2 2026 · actual/reported	0.31x 0.34x	+0.03x (+9.7%)	Changed

Auto-promotable context (2) — new & unchanged figures · these never block promotion

Figure	Value	Type
Gross IRR Outpost A-2 · Q2 2026	18.4%	+ New
Committed capital Outpost A-2 · Q2 2026	$420.0M	Unchanged

Acknowledged by

Written to fact_change_log against every acknowledged figure.

Tick every change to enable promotion.

Investor Goldens

Promotion queue — the human side of the golden flywheel

5

In queue

3

Pending new

2

Pending revision

142

Approved & served

pending_newManagement fee step-down — Outpost A-2

proposed by ai-flywheel · 2h ago

"The management fee steps down from 1.5% to 1.25% on invested capital after the investment period." — grounded in PPM §4.2 and LPA Summary Art. VI.

Approving serves the golden immediately to lookup_investor_golden.

pending_revisionGRAF II carried interest split

revision on approved golden · 5h ago

Proposed edit refines the catch-up language to match GRAF II PPM §3.4.

Team

This surface is part of the unified Admin shell.

Team

One of the 12 real Admin tabs. The detailed surfaces shown in this prototype are LP Access, Review Queue, Reporting Sign-off, and Investor Goldens.