Advisory Business Founded in 2019, Fairway is an investment manager based in Chicago which focuses on making (i) primary and secondary investments in private equity, venture capital and other private asset funds managed by third-party managers and (ii) direct and indirect co-investments in private operating companies that are typically made alongside one or more portfolio funds. Fairway’s current clients include three funds: (i) two private funds, Fairway Venture Capital Fund, L.P. and Fairway Venture Capital Fund II, L.P. (the “Venture Funds”) and (ii) a registered fund, Fairway Private Equity & Venture Capital Opportunities Fund (the “Registered Fund” and together with the Venture Funds, the “Funds”). The Registered Fund offers two classes of investments, Class A and Class I. Fairway also manages a proprietary capital vehicle with no outside investors which is not considered a fund for purposes of this Brochure (but in accordance with the instructions for the Form ADV Part 1, is included as part of Fairway’s regulatory assets under management). Advisory Services Fairway’s investment advisory services to the Funds consist of identifying and evaluating investment opportunities, negotiating the terms of investments, monitoring investments and achieving dispositions of such investments. Fairway’s investment advice and authority for each Fund is tailored to the investment objectives of that Fund; Fairway does not tailor its advisory services to the individual needs of investors in its Funds. The Fund investment objectives are described in and governed by, as applicable, the private placement memorandum, limited partnership agreement, subscription agreements, prospectus, investment management agreements, side letter agreements and other governing documents of the relevant Fund (collectively, “Governing Documents”) and investors determine the suitability

of an investment in a Fund based on, among other things, the Governing Documents. The Firm does not seek or 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 pursuant to the terms of the applicable Governing Documents. In accordance with common industry practice, the Venture Funds are permitted to enter into side letters or similar agreements with certain investors including those who make substantial commitments of capital or were early-stage investors in the Funds, or for other reasons in the sole discretion of Fairway, in each case that have the effect of establishing rights under, or altering or supplementing, a Fund’s Governing Documents. Fairway to date has not entered into any side letter agreements. Fairway does not participate in wrap fee programs. Principal Owners Fairway is owned by its founding partners, Kevin Callahan, Tom Gladden, Kathy Wanner, Laura Milligan and Lauren Bozzelli. Assets Under Management As of December 31, 2023, Fairway managed approximately $67,332,766 in regulatory assets, all managed on a discretionary basis. Fairway does not manage any investments on a non-discretionary basis. Regulatory assets under management for the Venture Funds are reported as of September 30, 2023 because as a fund of funds the Venture Funds do not have access to the underlying funds’ financial statements until the completion of the underlying funds’ audits. Fairway will update regulatory assets under management in an other-than-annual amendment to the Form ADV Part 1 upon completion of the Venture Funds’ audit.