Re:

Total management fees for Co-Investment Fund II and Co-Investment Fund III: $1,443,317 million
Performance fees: $2,022,339 ($3.465 million total)
Net profit for these two funds as of year-end 2012: $33,905,255

Kristofer is waiting for information requested from "MS" (likely an internal resource or BlackRock). MS is creating a schedule.

if the net profits are over 33 million and there was according to their chart a 10 percent carry, how is it their carrya is only 2.4