All the bookkeeping for the Assets under Management is done in the Capital Accounts of that Fiscal Year (§ 1.5). The AUM of the Fund (§ 6.8) is the summation of all “ending balances” of the Capital Accounts (§ 6.3) of the Fund which equals the summation of all the Capital Accounts of the Limited Partners (§ 1.7). The AUM of the Limited Partner (§ 6.11) is the summation of all the “ending balances” of the Capital Accounts in which the Limited Partner has an investment.