(a) General Description of the Advisory Firm The Adviser is a Delaware limited liability company, which was formed in May 2017 and commenced business in March 2018. The Adviser was previously a relying adviser of Aquarian Holdings Investment Management LLC (“AHIM”), an investment adviser registered with the SEC pursuant to the Investment Advisers Act of 1940, as amended (the “Advisers Act”) and an affiliate of the Adviser. The Adviser has its principal place of business in New York, New York. The Adviser is wholly owned by The Taurus Trust, an Ohio trust. The General Partner is indirectly owned by Rudrabhishek Sahay. The Adviser’s Chief Compliance Officer (“CCO”) is Benjamin Goodman. The Adviser is registered with the SEC as an investment adviser pursuant to the Advisers Act. (b) Description of Advisory Services Aquarian provides tailored investment management services to four private investment funds (“Fund I”, “Fund II”, “Fund III”, and “Fund IV” individually or collectively, as the context may require, the “Partnership”) sponsored by the Adviser (the “Clients” or a “Client”), pursuant to, in each case, a contractual arrangement with each Client governing the terms and nature of the advisory services provided to such Client (the “Governing Document”). In providing services to the Clients, Aquarian seeks to draw upon the experience of its personnel in providing investment advisory services with respect to the cash, investment, and asset management activities of insurance companies in a manner designed to provide Clients with exposure to a robust and opportunistic investment

management strategy, subject in all cases to applicable laws governing the investments of each of the Clients and applicable oversight by the governing bodies of such entities. In its capacity as investment manager to the Partnership, the Adviser provides investment management services with respect to the assets of the Partnership, including structuring, monitoring, and analyzing the performance of such assets, and providing business advice with respect to the management of the Partnership’s interest therein. (c) Ability of Clients to Tailor Investment Advisory Services The terms upon which Aquarian serves as an investment manager to the Clients are determined at the time each Client relationship is established and set forth in each Client’s Governing Documents and may also be subject to certain terms and conditions set forth in side letter agreements with particular investors in the Partnership (“Side Letters”). The terms upon which Aquarian provides investment management services vary between Clients and may include restrictions on the investment discretion of the Adviser. Such restrictions may include limitations on the acquisition and disposition of new or existing investments, timing of distributions from investments, types of investments, use of leverage and the capitalization of certain investments. (d) Wrap Fee Programs The Adviser does not participate in wrap fee programs. (e) Assets Under Management As of December 31, 2023, the Adviser’s regulatory assets under management were approximately $1,018,539,185, all of which is managed on a discretionary basis.