Track Record
Fund I – $25,000,000
Achieved 22.2% annualized net investor return
- The Fund was formed in 2011 and was fully repaid in 2017.
- The capital was invested between mid-2011 and 2013 and comprised 6 investments.
- The Fund delivered a net IRR of 22.2%. Investors received 1.92x their investment.
Fund II – $65,125,000
Projected 19.3% annualized net investor return*
- The Fund was formed in mid-2014 and was fully invested in 16 investments.
- As of Q4 2019, the Fund had fully repaid investors’ contributed capital.
- In addition, the full 8.0% preferred return has been distributed.
- The net IRR to our investors is estimated to be 19.3%. These investments are projected to generate an equity multiple of 3.24x.
* Net investor return is net of Fund expenses, CMCC management fees and CMCC performance fee. The return forecast is based on current estimate as of Q1 2021.
Fund II – $65,125,000
Projected 19.3% annualized net investor return*
- The Fund was formed in mid-2014 and was fully invested in 16 investments.
- As of Q4 2019, the Fund had fully repaid investors’ contributed capital.
- In addition, the full 8.0% preferred return has been distributed.
- The net IRR to our investors is estimated to be 19.3%. These investments are projected to generate an equity multiple of 3.24x.
* Net investor return is net of Fund expenses, CMCC management fees and CMCC performance fee. The return forecast is based on current estimate as of Q1 2021.
Fund III – $66,350,000
Projected 17.4% annualized net investor return*
- The Fund was formed in the fall of 2016.
- The Fund is fully invested in 13 investments.
- The net IRR to our investors is estimated to be 17.4%. These investments are projected to generate an equity multiple of 2.23x.
* Net investor return is net of Fund expenses, CMCC management fees and CMCC performance fee. The return forecast is based on current estimate as of Q1 2021.
Fund IV – $92,850,000
Projected 17.0% annualized net investor return*
- The Fund was formed in the fall of 2018.
- The Fund is fully invested in 11 investments.
- The net IRR to our investors is estimated to be 17.0%. These investments are projected to generate an equity multiple of 2.17x.
* Net investor return is net of Fund expenses, CMCC management fees and CMCC performance fee. The return forecast is based on current estimate as of Q1 2021.
Fund IV – $92,850,000
Projected 17.0% annualized net investor return*
- The Fund was formed in the fall of 2018.
- The Fund is fully invested in 11 investments.
- The net IRR to our investors is estimated to be 17.0%. These investments are projected to generate an equity multiple of 2.17x.
* Net investor return is net of Fund expenses, CMCC management fees and CMCC performance fee. The return forecast is based on current estimate as of Q1 2021.
Fund V – $157,250,000
- The Fund was formed in the summer of 2021.
- The Fund is partially invested in 7 investments.
