STRUCTURE, HISTORY AND OWNERSHIP Sciens Diversified Managers LLC (referred to throughout as “SDM”, the “Adviser” or “Sciens”) is an investment adviser registered with the SEC with its principal place of business in New York, New York. SDM commenced operations as an investment adviser in January 2019 as a relying adviser of Sciens Investment Management, LLC (“SIM”). SIM withdrew its registration with the SEC as an investment adviser in June of 2021 as a result of the Adviser restructuring its advisory business. SDM is transitioned from its status as relying adviser to the filing adviser for the umbrella registration for the Sciens entities (collectively, the “Relying Advisers”) on June 18th, 2021. SDM is wholly owned by Ioannis “John” Rigas. SDM offers a variety of investment advisory, including private equity advising, and related services to its clients, described in this brochure. Sciens provides the investment advisory services described in this brochure together with a number of other advisers referred to throughout this document, known as the Relying Advisers. Each of the Relying Advisers shares advisory and management personnel with Sciens, all of which are subject to Sciens’ compliance policies and procedures. Sciens conducts a single advisory business with the Relying Advisers. Sciens, and the Relying Advisers are sometimes referred to herein collectively as “we” or “us.” Please refer to the Schedule R - Relying Advisers section of the Sciens’ Form ADV Part 1A for additional information. TYPES OF ADVISORY SERVICES Private Equity Business. Sciens provides discretionary investment management services to private investment partnerships, offshore funds and other investment vehicles which make primarily equity, equity- related investments in private companies, although our clients (the “PE Funds”) may make investments in debt or debt-like instruments if appropriate under the circumstances. Certain of the PE Funds were formed for the purpose of making a single investment or a set group of investments (the “Single Investment Funds”). Investors in a Single Investment Fund are given disclosure relating to the underlying asset or assets that the Single Investment Fund will invest in or acquire. Investors in the Single Investment Funds generally only make a single capital contribution to the applicable PE Fund, drawn at the initial closing of the Fund, substantially all of which capital is used to make the PE Fund’s investment or investments. We also manage a number of PE Funds that make multiple investments as opportunities arise (“Multi- Investment Funds”). Investors in a Multi-Investment Fund generally do not receive disclosure regarding the specific investments that the PE Fund will make. However, they are given disclosure about the general asset classes in which the PE Fund will likely invest. Investors in Multi-Investment Funds either contribute an amount of capital upon subscription or commit to contribute capital to the applicable PE Funds as needed to fund the acquisition of investments. Each asset in a PE Fund’s portfolio may be referred to herein individually as a “Portfolio Investment” or collectively as the “Portfolio Investments”. Winding

up of Fund of Funds Business. We provide discretionary investment management advisory services to Sciens International Fund of Hedge Funds (“SIFOHF”), which is the sole remaining fund of funds client (the “Fund of Funds”) in the Sciens group of funds. We invest the Fund of Funds’ assets primarily with investment managers (each, a “Manager”) who manage private investment partnerships, offshore funds, separate accounts and other investment vehicles. With the exception of SIFOHF, all of the Fund of Funds that we managed historically have been voluntarily transferred to a third-party liquidator. As such, we are not actively selecting managers for or reallocating investments in those liquidating Fund of Funds. The PE Funds and the Fund of Funds are collectedly referred to herein as the “Funds” and individually as a “Fund”. The Funds do not offer their interests on a retail basis to the public. Such interests are only offered in private placements to qualified investors. The terms of such offerings and the investments themselves are described in each Fund’s offering documents. IMPERSONAL INVESTMENT ADVICE Sciens provides advisory services to privately offered, pooled investment vehicles. Accordingly, Sciens only tailors its advisory services to comply with the requirements set forth in the governing and offering documents of the Funds it manages. We do not tailor our investment strategy to the needs of individual investors in the Funds. Investment advice is provided directly to each Fund and not to the Funds’ underlying individual investors. On occasion we will establish feeder funds, blocker corporations or separate share classes to accommodate investors if such accommodations do not adversely affect the other investors in a Fund. The Funds and their investors may include taxable and tax-exempt entities and persons or entities organized in various jurisdictions. Conflicts of interest may therefore arise in connection with decisions that may be more beneficial for one type of Fund or investor than another. In selecting investments appropriate for the Funds, we consider the investment objectives of the applicable Fund as a whole, not the investment objectives of such Fund’s individual investors. WRAP FEE PROGRAMS Sciens does not participate in wrap fee programs (advisory programs with an all-inclusive fee for both investment advisory services and brokerage execution). ASSETS UNDER MANAGEMENT As of December 31, 2022, Sciens managed approximately $565,061,937 Regulatory Assets Under Management (“RAUM”) on a discretionary basis, which is based on unaudited financial data and is subject to change. The methodology used to calculate RAUM is the same methodology used to calculate “regulatory assets under management” for purposes of responding to Item 5.F(2) of our Form ADV Part 1A. We do not manage any Fund assets on a non-discretionary basis.