The Adviser is a limited partnership formed under the laws of the state of Delaware in March, 2019. The Adviser’s owner, Chief Investment Officer and Chief Compliance Officer is William G. Ritter (the “Principal"). The Adviser provides investment advisory services as a sub-adviser to a sleeve of a privately offered pooled investment fund (the “Fund”) and may, in the future, provide advisory services to other clients, including managed accounts (collectively with the Fund, the “Clients”). The Adviser manages the sleeve of the Fund (the “Account”) on a fully discretionary basis in accordance with the terms of the investment management agreement between the Adviser, the Principal, the Fund, and the Fund’s investment adviser (the Fund’s investment adviser, “the Firm,” and such agreement, the “IMA”), the risk parameters agreed upon between the Adviser and the Firm, and the investment objectives outlined in the limited partnership agreement, investment management agreement, offering memorandum, and/or other applicable documentation for the Fund or its feeder funds (“Offering Documents”). The Adviser's investment activities are conducted by means of quantitative strategies (specifically, mathematical and statistical methods) developed by the Principal, through rigorous application of scientific principles to investment problems. This analysis is used to construct proprietary computer models that use publicly available financial data to identify and implement trading decisions. The general purpose of these models is

to identify and correct relative mis-pricings among closely-related groups of securities. Any Fund restrictions on investments are set forth in the IMA and Offering Documents. The Adviser does not tailor its investment advice to any individual Fund investors. As such, investors cannot impose restrictions on the types of investments made through the Fund. The Adviser has limited trading authority with respect to the Account. In this regard, the Adviser: (i) will not have custody of the Account’s assets, (ii) will not determine the final value of the Account’s positions, (iii) will not have the ability to move the Account’s cash or securities, and (iv) will not enter into any other agreements on behalf of the Account or the Fund. In addition, the Adviser is not responsible for performing trade settlement, and certain administrative and other back-office functions. As of December 31, 2023, the Adviser had terminated its agreement with its only client and therefore managed $0. The Adviser has an agreement in place to begin managing assets for another client, but has not yet begun to manage that Account. Once the advisory relationship officially commences, this Brochure will be promptly updated. You should note that, given the above, Ritter Alpha has described its advisory business and various practices throughout this Brochure prospectively, to the extent applicable, to reflect how its policies and procedures and the provisions of the IMA are expected to operate once the Adviser begins to manage the Account.