Firm Description Tyree & D’Angelo Partners Management LP (together with its general partners and relying advisers, unless otherwise specified, collectively “TDP” or the “Firm”), a Delaware limited partnership, is a private equity firm based in Chicago, Illinois. TDP provides different types of flexible capital solutions to meet lower middle market business owners’ needs including growth capital and support through private equity funds, flexible credit solutions through private credit funds and flexible real estate capital and related options through real estate funds. TDP commenced operations in 2013 through predecessor entity Tyree & D’Angelo Partners LLC. TDP has established relying advisers for each of its three strategies. Tyree & D’Angelo Partners LLC is the relying adviser for certain of the private equity funds (the “Private Equity Fund Relying Adviser”), Fundamental Real Estate Investment Partners is the relying adviser for the real estate funds (the “Real Estate Fund Relying Adviser”) and Private Credit Investment Partners LLC is the relying adviser for the private credit funds (the “Credit Fund Relying Adviser”, and collectively with the TDP Relying Adviser and the Real Estate Fund Relying Adviser the “Relying Advisers”). The Relying Advisers are each investment advisers subject to the Advisers Act pursuant to Tyree & D’Angelo Partners Management LP’s registration in accordance with SEC guidance. Tyree & D’Angelo Partners Management LP commenced operations in 2018, the Private Equity Fund Relying Adviser commenced operations in August 2013, the Real Estate Fund Relying Adviser commenced operations in 2019 and the Credit Fund Relying Adviser commenced operations in 2022. TDP serves as the investment adviser for and provides discretionary investment advisory services to private funds exempt from registration under the Investment Company Act of 1940 (“Investment Company Act”). The funds are typically formed in groups of several parallel entities in order to accommodate different investor types or qualifications. Funds from the same fund group invest proportionally in portfolio investments based on capital commitments. Tyree & D’Angelo Partners Management LP acts as the investment adviser for the following private equity funds: Tyree & D’Angelo Partners Fund II LP, Tyree & D’Angelo Partners Fund II-A LP, Tyree & D’Angelo Partners Fund II-B LP and Tyree & D’Angelo Partners Fund II-C LP (collectively, “Private Equity Fund II”); and Tyree & D’Angelo Partners Fund III LP, Tyree & D’Angelo Partners Fund III-A LP, Tyree & D’Angelo Partners Fund III-B LP and Tyree & D’Angelo Partners Fund III- C LP (collectively, “Private Equity Fund III”). The Private Equity Fund Relying Adviser acts as the investment adviser to Tyree & D’Angelo Partners Fund I LP (“Private Equity Fund I” and together with Private Equity Fund II and Private Equity Fund III, each a “Private Equity Fund” and collectively the “Private Equity Funds”). The Real Estate Fund Relying Adviser acts as the investment adviser to Fundamental REIP Fund I LP, Fundamental REIP Fund I-A LP and Fundamental REIP I Feeder LP (collectively “Real Estate Funds”). The Credit Fund Relying Adviser acts as the investment adviser to Private Credit Investment Partners Fund I LP, Private Credit Investment Partners Fund I Feeder LP, Private Credit Investment Partners Fund I-A LP and Private Credit Investment Partners Fund I-A Feeder LP (collectively “Credit Funds”). Throughout this Brochure, the Private Equity Funds, the Real Estate Funds and the Credit Funds are referred to as a “Fund” and collectively as the “Funds”, unless the context otherwise requires. TDP also provides investment advice to special purpose co-investment vehicles established to invest alongside a Fund in a portfolio investment (a “Co-Investment Fund”). Each Fund is affiliated with a general partner with authority to make investment decisions on behalf of the Funds (each a “General Partner” and collectively the “General Partners”). These General Partners are deemed registered under the Advisers Act pursuant to TDP’s registration in accordance with SEC guidance. The applicable General Partner of each Fund retains investment discretion and investors in the Funds do not participate in the control or management of the Funds. While the General Partners maintain ultimate authority over the respective Funds, TDP has been designated the role of investment adviser. Advisory Services The Funds invest through negotiated transactions in private equity operating entities (generally referred to herein as “portfolio companies”), real estate investments (“portfolio investments”, which are typically properties that are owned by, leased by or expected to be owned or leased by portfolio companies within a Private Equity Fund) and credit investments in fixed-income securities

and credit instruments (“private credit instruments”, which are typically in instruments that are affiliated with or expected to be affiliated with a companies within a Private Equity Fund or a portfolio investment with a Real Estate Fund) (individually and collectively, portfolio companies and portfolio investments are referred to herein as “portfolio investments”, unless the context otherwise requires). Investment advisory services provided by TDP to the Funds consist of identifying and evaluating investment opportunities, negotiating the terms of investments, managing and monitoring investments and achieving dispositions for such investments. Although investments are made predominantly in non- public companies, investments in public companies are permitted in certain instances. Each Private Equity Fund portfolio company has its own independent management team responsible for managing its day-to-day operations, although the senior principals (the “Principals”) or other personnel of TDP or its affiliates or third parties appointed by TDP generally serve on portfolio companies’ respective boards of directors and will therefore have a significant impact on the long- term direction of the company, including the selection of portfolio company management team members. Additionally, in some cases, TDP will more directly influence the day-to-day management of the portfolio company by recruiting and installing certain individuals in various leadership roles, such as chief executive officer, chief operating officer, chief financial officer or in other roles. TDP does not tailor its advisory services to the individual needs of investors in its Funds; the Firm’s investment advice and authority for each Fund is tailored to the investment objectives of that Fund. TDP’s advisory services to the Funds are detailed in and governed by the applicable private placement memoranda or other offering documents, investment management or investment advisory agreements, subscription agreements, limited partnership agreement or other operating agreements or governing documents (“Governing Documents”) and are further described below in Item 8. Investors determine the suitability of an investment in a Fund based on, among other things, the Governing Documents. The Firm does not seek nor require investor approval regarding each investment decision. Fund investors generally cannot impose restrictions on investing in certain securities or types of securities. Investors in the Funds participate in the overall investment program for the applicable Fund and generally cannot be excused from a particular investment except in certain circumstances pursuant to the relevant Governing Documents. The Funds or the relevant General Partner are permitted to enter into side letters or other similar agreements with certain investors that have the effect of establishing rights (including economic or other terms) under, or altering or supplementing the terms of, the relevant Governing Documents with respect to such investors. Examples of side letters entered into include provisions whereby investors have expressed an interest in participating in co-investment opportunities, advisory board representation, confidentiality provisions, notification provisions and “most favored nations” provisions, among others. These rights, benefits or privileges are not always made available to all investors, consistent with the Governing Documents and general market practice. Commencing in September 2024, TDP will make required disclosure of certain side letters to all investors (and in certain cases, to prospective investors) in accordance with the new Private Fund Rule. Side letters are negotiated at the time of the relevant investor’s capital commitment to a Fund, and once invested in a Fund, investors generally cannot impose additional investment guidelines or restrictions on such Fund. There can be no assurance that the side letter rights granted to one or more investors will not in certain cases disadvantage other investors. Ownership and Control Structure Tyree & D’Angelo Partners Management LP is controlled and owned by Michael Tyree and Enzo D’Angelo. The Private Equity Fund Relying Adviser is controlled and owned by Michael Tyree and Enzo D’Angelo. The Real Estate Fund Relying Adviser is controlled and owned by Paul Simcox, Michael Tyree and Enzo D’Angelo. The Credit Fund Relying Adviser is controlled by Michael Tyree, Enzo D’Angelo and Milan Patel and owned by Michael Tyree and Enzo D’Angelo. More information about TDP’s and the Relying Advisers’ owners and executive officers is available in TDP’s Form ADV Part 1, Schedules A, B and R. Regulatory Assets Under Management As of December 31, 2023, TDP managed approximately $1.631 billion in Fund regulatory assets under management, all on a discretionary basis.