This material contained herein is for informational purposes only and for the sole use of the recipient. It is not to be produced or copied or made available to others. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to herein. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Any opinions expressed herein represent our current opinions only. All information herein is for informational purposes only and should not be deemed as a recommendation to buy any securities mentioned. This document is confidential and may not be distributed without the express written consent of the Firm and does not constitute an offer to sell or the solicitation of an offer to purchase any security or investment product. Any such offer or solicitation may only be made by means of delivery of an approved confidential offering memorandum. The investment history and performance representations contained herein are not representations that such history or performance will continue in the future or that any investment scenario or performance will even be similar to such description. Any investment described herein is an example only and is not a representation that the same or even similar investment scenarios will arise in the future or that investments made will be profitable.

The investment activity of the Firm may involve substantial risk and is not suitable for all investors. For the Funds listed, prospective investors should carefully read the confidential offering documents before making any investment decisions. Investment in the partnership involves substantial risk of loss. This report does not constitute an offer or solicitation to purchase an interest in the Funds. Investments such as the Funds are subject to less regulation than other types of pooled investment vehicles, may be illiquid and can involve leverage, making them substantially riskier than other investments. Any investor who subscribes, or proposes to subscribe, for an investment in a Fund must: (1) be able to bear the risks involved and (2) must meet the Fund’s suitability requirements. No assurance can be given that the Fund’s investment objectives as described herein will be achieved. Any decision to invest in a Fund should be made after reviewing the definitive private placement memorandum for the Fund and all related Fund documents, conducting such investigations as the investor deems necessary and consulting the investor’s own investment, legal, accounting, and tax advisors in order to make an independent determination of the suitability and consequences of an investment in the Fund.

Past performance is no guarantee of future results. All investments involve risk including the loss of principal. Actual results will vary among investors in accordance with the terms of the Fund’s governing documents. Performance data and other information contained herein is unaudited.

Report Footnotes:

1. Assets Under Management (AUM) rounded down to the nearest million as of 12/31/2023