Item 5. Performance Based Fees and Side-By-Side Management Page 5 Item 6. Types of Clients Page 5 Item 7. Methods of Analysis, Investment Strategies, and Risk of Loss Page 5 Item 8. Disciplinary Information Page 21 Item 9. Other Financial Industry Activities and Affiliations Page 21 Item 10. Code of Ethics, Interest in Client Transactions, and Personal Trading Page 21 Item 11. Brokerage Practices and Trade Error Policy Page 22 Item 12. Review of Accounts Page 22 Item 13. Client Referrals and Other Compensation Page 22 Item 14. Custody Page 23 Item 15. Investment Discretion Page 23 Item 16. Voting Page 23 Item 17. Financial Information Page 23 ITEM 3. ADVISORY BUSINESS Glide Capital, LLC (“Glide”), a limited liability company organized under the laws of the State of Florida, serves as the Managing Member or Fund Manager for certain private investment pools (collectively, the “Funds”), and their respective segregated portfolios (collectively, the “Segregated Portfolios”). The office of Glide is located at 3323 NE 163rd Street, Suite 305, Miami, Florida, 33160, and its telephone number is (305) 783-3316. The principals of the Managing Member are Mark Fitzpatrick, David Guenoun and Alberto Siblesz (the “Principals”). Glide partners with wealth managers, family offices, institutions and other allocators to build customized portfolios using private credit and other alternative strategies. Glide’s experienced team performs due diligence on investment managers within the private credit industry then assists wealth managers to build a portfolio tailored to the specific needs of their firm. Our wealth manager clients are able to efficiently build and maintain a private credit portfolio for their clients that provides diversified exposure to the private credit industry through a single investment. The wealth managers leverage Glide’s manager sourcing, due diligence, research, portfolio building, legal structuring, operations and our experienced team to assist them in the due diligence process. The portfolio is efficient for both the wealth manager and their client because the investor fills out a single set of subscription documents to access a portfolio with multiple investments, which is then reported back to the client through their custodian as a single investment. The wealth manager has discretion over the portfolio for their clients to ensure that the specific needs of their firm are being met. Glide builds technology for the wealth managers and their clients to increase the transparency of their investments. Glide reviews hundreds of fund managers specializing in the private credit industry before selecting our top investment opportunities for our clients. Our team has over five decades of combined experience in analyzing and performing due diligence on investment managers and in operating private vehicles. Our wide range of industry contacts provide us with a constant flow of new opportunities to evaluate across multiple strategies including small business, real estate, aviation leasing, life settlements and other lending strategies. Glide assists our wealth manager clients to build and operate a customized portfolio (‘the Portfolios’) where Glide provides the infrastructure and fund management services, while our clients direct the portfolio in an advisory capacity. In 2020, Glide expanded our services to include Glide Hosting and Glide Direct. In Glide Hosting, the Glide team works with asset managers to launch a strategy through the Glide structure. The asset manager retains the responsibilities for performing due diligence and selecting the investments but leverage Glide’s ability to efficiently create and operate legal structures. The Glide team will work with legal counsel to setup the legal structure and then will operate the structure with the third party counterparties for the structure. Glide Hosting is similar to Glide Portfolios except that the wealth manager is the adviser responsible for sourcing and selecting the investments. In Glide Direct, the wealth manager is the adviser responsible for sourcing and selecting a single investment (or a direct deal) which will then be structured and operated by the Glide team. Glide provides fund management services for four offshore entities – Glide Fund SPC Ltd., Glide Master Fund SPC Ltd, Glide Direct SPC Ltd. and Ryder Fund Ltd. – and is also the Managing Member for three onshore entities – Glide Fund Series LLC, Glide Master Fund Series LLC and Glide Direct Series LLC (collectively, “the Funds”). As Fund Manager or Managing Member, Glide (i) performs operational due diligence on certain investment opportunities into other funds and managers (ii) creates a segregated portfolio or segregated series (iii) partners with wealth managers, family offices, institutional investors and other allocators (collectively, “the Segregated Portfolio Advisors”) to build customized portfolios (iv) makes available web-based analytical tools to certain Segregated Portfolio Advisors, investors or prospects; and (v) works with third party service providers (administrators, auditors, tax preparers, custodians, etc.) to operate the portfolio and provide monthly NAVs, audits and other reports to the investors. Glide is the Fund Manager that delegates the investment advisory authority with respect to each Portfolio to the Segregated Portfolio Advisor. The Segregated Portfolio Advisors have full investment discretion over their portfolio and the investors select the Segregated Portfolio they wish to invest into, along with the Segregated Portfolio Advisor, at the time of subscribing into the Fund. The Segregated Portfolio Advisor will be responsible for determining the allocation of their Portfolio’s assets among the investment opportunities presented in the Master Fund and will be responsible for managing the risk and liquidity of their Segregated Portfolio, based on the needs of the investors they permit into their Segregated Portfolio. The investment strategy of each Segregated Portfolio is described in detail

in the applicable Segregated Portfolio Supplement. Glide Fund SPC Ltd. (“the Offshore Fund”) and Glide Master Fund SPC Ltd. (“the Offshore Master”) were incorporated under the BVI Business Companies Act of 2004 as a Segregated Portfolio Company limited by shares, on August 7, 2015 with company registration number 1885561. The Fund is a "professional fund" within the meaning of the Securities and Investment Business Act, 2010 ("SIBA") and, accordingly, shares in the Fund are only being offered to and will only be issued to "professional investors" within the meaning of SIBA. The Fund is a single corporate entity with the benefit of statutory segregation of assets and liabilities between segregated portfolios, each of which is referred to in this document as a “Segregated Portfolio”. The segregated portfolio shares issued by the Offshore Fund are generally only available to non-US investors and US non-taxable investors. The Offshore Fund aggregates investors through its Segregated Portfolio and then invests all its capital into the Offshore Master. Glide Fund Series LLC (‘the Onshore Fund”) and Glide Master Fund Series LLC (‘the Onshore Master Fund”) were formed on May 7, 2015 as a Delaware series limited liability company, with segregated series. The Fund is a single corporate entity with the benefit of statutory segregation of assets and liabilities between segregated portfolios, each of which is referred to in this document as a “Segregated Portfolio”. The segregated portfolio interests issued by the Onshore Fund are generally only available to US taxable investors. The Onshore Fund aggregates investors through its Segregated Portfolios and then invests all its capital into the Onshore Master. The Onshore and Offshore Master creates segregated series for each investment opportunity (“the Master Portfolios”). Glide Direct SPC Ltd. (“the Offshore Direct Fund”) was incorporated under the BVI Business Companies Act of 2004 as a Segregated Portfolio Company limited by shares, on August 28, 2020 with company registration number 2042448. The Fund is a "professional fund" within the meaning of the Securities and Investment Business Act, 2010 ("SIBA") and, accordingly, shares in the Fund are only being offered to and will only be issued to "professional investors" within the meaning of SIBA. The Fund is a single corporate entity with the benefit of statutory segregation of assets and liabilities between segregated portfolios, each of which is referred to in this document as a “Segregated Portfolio”. The segregated portfolio shares issued by the Offshore Direct Fund are generally only available to non-US investors and US non-taxable investors. Glide Direct Series LLC (‘the Onshore Direct Fund”) was formed on August 12, 2020 as a Delaware series limited liability company, with segregated series. The Fund is a single corporate entity with the benefit of statutory segregation of assets and liabilities between segregated portfolios, each of which is referred to in this document as a “Segregated Portfolio”. The segregated portfolio interests issued by the Onshore Fund are generally only available to US taxable investors. Ryder Fund Ltd. (‘the Bermuda Fund”) was formed in May 2021 as an exempt mutual fund company registered as a segregated accounts company under the laws of Bermuda. The Fund is a single corporate entity with the benefit of statutory segregation of assets and liabilities between segregated portfolios, each of which is referred to in this document as a “Segregated Portfolio”. The segregated portfolio interests issued by the Onshore Fund are generally only available to offshore investors. Glide Puerto Rico Series LLC. (‘the Puerto Rican Fund”) was formed in February 2022 as a Puerto Rican series limited liability company, with segregated series. The Puerto Rican Fund is a single corporate entity with the benefit of statutory segregation of assets and liabilities between segregated portfolios, each of which is referred to in this document as a “Segregated Portfolio”. The segregated portfolio interests issued by the Puerto Rican Fund are generally only available to Puerto Rican investors. Glide was formed in 2013. Glide’s principal owners are Mark Fitzpatrick, David Guenoun, Alberto Siblesz and Esteban Tome. Glide is registered with the Securities and Exchange Commission (“SEC”). The mere fact that an advisor is registered with the SEC does not imply any particular level of skill or training. As of December 31, 2022, Glide managed approximately $800 million in assets, all non-discretionary. Capitalized terms not defined in this document are as defined in the Funds’ offering documents. For Glide Portfolios, the Segregated Portfolios will pay quarterly management fees to Glide for providing fund management services, as described in the offering documents of the Funds. The Management Fees charged to the Segregated Portfolios will typically range from 0.70% to 1.20% depending on the type and size of the Segregated Portfolio. Glide charges management fees as follows: ASSET LEVEL OF PORTFOLIO ANNUAL MANAGEMENT FEE Portfolios under $10 million 1.20% Portfolios between $10-15 million 1.10% Portfolios between $15-20 million 1.00% Portfolios between $20-25 million 0.90% Portfolios between $25-30 million 0.80% Portfolios above $30 million 0.70% For Glide Hosting, Glide charges management fees of 0.60% per year when there is a placement agent that introduced the relationship and a discount rate is applied when the client was sourced directly from a member of the Glide team. For Glide Direct, Glide charges a management fee of 0.35% per year when there is a placement agent that introduced the relationship and a discount rate is applied when the client was sourced directly from a member of the Glide team. Fees are accrued monthly and typically paid quarterly in arrears, as described in the offering documents for the Funds. The fees described above are typical, but certain strategic clients may be charged different fees.