ORGANIZATIONAL STRUCTURE AND RELATIONSHIPS 503. Do you intend for your RBIC to be a fund”? (Note that this question “drop-down refers exclusively to parent funds and not to any other types of entities.) Yes No 503.1 If answer the following questions. If leave the balance of “yes”, “no”, Question 503 blank. Table 503.1 Parent Fund Data Name of Parent Fund Address Key Contact Direct Ph. No. Address Fax Number Anticipated Final Current Private Capital $ Private Capital of $ of Parent Fund Parent Fund Amount Currently Amount of Unfunded $ $ Invested Commitments Amount to be Dropped Amount to Remain in $ $ Down into the RBIC Parent Fund 503.2 Describe the of current investments made by the parent, and discuss how those investments, and future investments of the parent may either be different from the RBIC’s investment strategy or how they will be similar. State what criteria will be utilized for determining into which fund an investment will be placed. 503.3 Describe any similarities or differences in the geographic areas in which the parent and the RBIC will invest. 503.4 Do you contemplate co-investing with the parent? Yes No 503.5 If enter for this question. If after carefully reading 7 CFR “No”, “N/A” “Yes”, 4290.50, definition of Associate of a RBIC and also 7 CFR 4290.730 Financings which constitute conflicts of interest, discuss how co-investments will be handled. 503.6 In down” RBICs, USDA generally will require the investors in the “drop parent fund to be added to the RBIC as Class B limited partners (or equivalent) and to make a stand-by commitment to the RBIC in support of the parent’s commitment. Do you anticipate any difficulty in obtaining these investor commitments to the Applicant? (See Addendum to Exhibit M, the of Form RD 4290-2 Capital Certificate for drop downs from a parent business development company.) Yes No Maybe 503.7 If or please describe the potential problems. “Yes” “Maybe”, 504. Structure and relationships. 504.1 Describe the organizational structure of the RBIC and identify all individuals and entities that are Associates or Affiliates of the RBIC. Your description of the organizational structure should include the items listed in this Question 504. In Exhibit K, include organization charts that comply with the instructions in Exhibit K.
ORGANIZATIONAL STRUCTURE AND RELATIONSHIPS 503. Do you intend for your RBIC to be a “drop-down fund”? (Note that this question refers exclusively to parent funds and not to any other types of entities.) Yes No 503.1 If “yes”, answer the following questions. If “no”, leave the balance of Question 503 blank. Table 503.1 Parent Fund Data Name of Parent Fund Address Key Contact Direct Ph. No. Address Fax Number Current Private Capital of Parent Fund $ Anticipated Final Private Capital of Parent Fund $ Amount Currently Invested $ Amount of Unfunded Commitments $ Amount to be Dropped Down into the RBIC $ Amount to Remain in Parent Fund $ 503.2 Describe the of current investments made by the parent, and discuss how those investments, and future investments of the parent may either be different from the RBIC’s investment strategy or how they will be similar. State what criteria will be utilized for determining into which fund an investment will be placed. 503.3 Describe any similarities or differences in the geographic areas in which the parent and the RBIC will invest. 503.4 Do you contemplate co-investing with the parent? Yes No 503.5 If “No”, enter “N/A” for this question. If “Yes”, after carefully reading 7 CFR 4290.50, definition of Associate of a RBIC and also 7 CFR 4290.730 Financings which constitute conflicts of interest, discuss how co-investments will be handled. 503.6 In “drop down” RBICs, USDA generally will require the investors in the parent fund to be added to the RBIC as Class B limited partners (or equivalent) and to make a stand-by commitment to the RBIC in support of the parent’s commitment. Do you anticipate any difficulty in obtaining these investor commitments to the Applicant? (See Addendum to Exhibit M, the Capital Certificate of Form RD 4290-2 for drop downs from a parent business development company.) Yes No Maybe 503.7 If “Yes” or “Maybe”, please describe the potential problems. 504. Structure and relationships. 504.1 Describe the organizational structure of the RBIC and identify all individuals and entities that are Associates or Affiliates of the RBIC. Your description of the organizational structure should include the items listed in this Question 504. In Exhibit K, include organization charts that comply with the instructions in Exhibit K.
BCP_RBIP_4290-01.docx