A. Qsemble Capital Management, LP (“Qsemble”, the “Firm”, “our” or “we”) is a Delaware limited partnership formed in 2017 with its principal place of business in New York, New York. The Firm is owned and controlled by Steven Lin, the Firm’s Chief Executive Officer and Managing Partner; Peter Lubans serves as Head of Research and Development and Managing Partner of the Firm; and Zhihong “Hook” Huang serves as the Chief Operating Officer, Chief Compliance Officer and Managing Partner of the Firm. Our registration on Form ADV also covers Qsemble GP LLC (the "Fund General Partner"), a limited partnership organized under the laws of the state of Delaware. The Fund General Partner is an affiliate of Qsemble and serves as the general partner of the Qsemble Funds (as defined below) that are U.S. partnerships or Cayman Islands exempted limited partnerships. We serve as the investment adviser, with discretionary trading authority, to private pooled investment vehicles, the securities of which are offered to investors on a private placement basis (each, a "Qsemble Fund" and collectively, the "Qsemble Funds"). The Qsemble Funds currently include:
• Qsemble Domestic LP, a Delaware limited partnership;
• Qsemble Offshore Ltd., a Cayman Islands exempted company; and
• Qsemble Master LP, a Cayman Islands exempted limited partnership (the "Master Fund"), which serves as the master fund in which Qsemble Domestic LP and Qsemble Offshore Ltd. each invest pursuant to a "master feeder" structure. Additionally, the Firm provides discretionary investment advice to one or more portfolios of an investment fund managed by an independent SEC-registered investment adviser (the “Portfolio”) pursuant to the terms, guidelines and restrictions provided in an Account Management Agreement (“AMA”). As used herein, the term "Clients" generally refers to both Qsemble Funds and the Portfolio (each individually, a “Client”). Each of Qsemble Domestic LP and Qsemble Offshore Ltd. is referred to herein as a "Feeder Fund" and collectively as the "Feeder Funds." While much of this Brochure applies to all Clients, certain information included herein applies only to specific Clients or a specific Fund. B. We use portfolio optimization techniques to construct a diversified portfolio strategy. The strategy is long-short dollar neutral, which we believe minimizes exposure to common risk factors such as market, sectors/industries, and value/growth. Qsemble

may engage in high frequency trading. Our systematic and quantitative model (“Model”) triggers the frequency of the trading activity. The Model utilizes publicly available data that we extract in order to build predictive models (e.g., predicted returns, volatility, liquidity). Positions will typically represent 1% or less of the Master Fund’s portfolio and will be held between two to twenty days based on data driven through the Firm’s Model. Qsemble’s quantitative analysis and trading activities are primarily applied to U.S. publicly traded equity securities or non-U.S. publicly traded equity securities listed in liquid markets generally considered mature. Qsemble’s Clients will be advised to take positions either by purchasing such securities, selling them short, or replicating long or short positions through the use of derivatives called swaps. Qsemble will also advise its Clients to take positions in other instruments as disclosed in each respective Client’s Governing Documents (as defined below). Subject to the Qsemble Funds’ subscription documents and/or side letters, some Investors (as defined below) may have certain terms different to other Investors, including but not limited to; liquidity, notice period, transparency, fees and/or leverage. Any such conflicts of interest will be mitigated through Qsemble’s risk management in addition to Qsemble’s policies and procedures. C. We manage and tailor our advisory services to each Client in accordance with the Client’s investment objectives, strategies, guidelines, terms and conditions, and any investment restrictions set forth in the Client’s confidential private placement memorandum, Account Management Agreement or similar agreement, partnership agreement and/or other organizational documents (collectively, “Governing Documents”), as applicable. We generally do not tailor our advice to the needs of any Client’s individual investors (“Investors”). In general, neither Clients nor their Investors may impose limitations on any Client’s investment activities beyond any described in the applicable Governing Documents. However, subject to a Client’s Governing Documents, we reserve the right to tailor other contractual rights of certain Investors through side letters in our sole discretion. D. We do not currently participate in any Wrap Fee Programs. E. As of December 31, 2023, the Firm had approximately $1,260,482,434 of regulatory assets under management, all on a discretionary basis.