Sagehall Management LP (“Sagehall,” the “Firm,” the “Management Company,” “us,” “we,” and “our”) is a limited partnership formed under the laws of the state of Delaware. Sagehall commenced operations in October 2020. Sagehall is primarily owned and controlled by Susheel (“Sush”) Torgalkar and Lanhee Yung (collectively referred to as the “Founding Partners”). Sagehall provides discretionary investment advice to real estate private equity funds, each of which is a Delaware limited partnership: Sagehall Fund I LP (“Fund I") primarily invests in commercial real estate equity and debt across asset types located primarily within the New York Combined Statistical Area (“CSA”)1. Fund I focuses on acquiring primarily existing assets at a discount while aggressively seeking off-market and limited competition opportunities across all major real estate types (including residential, hotel, retail, student housing, industrial, land, and office). SH I AW CI LP (“SH I AW Co-Investment”) is solely invested in one single multifamily property (the “AW Property”) on a side-by-side basis with Fund I, and is involved in managing, supervising, renovating, repositioning, financing, recapitalizing, acquiring, developing, redeveloping, holding for investment and otherwise dealing with and disposing of the AW Property. SH I WBC CI LP (“SH I WBC Co-Investment”) is solely invested in one single retail property (the “WBC Property”) on a side-by-side basis with Fund I, and is involved in managing, supervising, renovating, repositioning, financing, recapitalizing, acquiring, developing, redeveloping, holding for investment and otherwise dealing with and disposing of the WBC Property. Sagehall Fund II LP (“Fund II” and together with Fund I, SH I AW Co-Investment, and SH I WBC Co-Investment each individually a “Fund” and collectively, the “Funds”) invests in real estate debt and equity across asset types in the New York CSA. Fund II, like Fund I, will focus on aggressively seeking off‐market and limited‐competition opportunities. The team will primarily seek to acquire existing assets at an attractive basis relative to historical pricing and replacement cost, demonstrate the potential for growth, as well as positive supply/demand dynamics. Funds Sagehall Fund I GP LLC is an affiliated entity to Sagehall that serves as the General Partner to Fund I, the SH I AW CI Co-Investment, and the SH I WBC Co-Investment, and Sagehall Fund II GP LLC is also an affiliated entity to

Sagehall that serves as the General Partner to Fund II (collectively the “General Partners”), and such affiliated entities are generally deemed registered under the Advisers Act pursuant to Sagehall’s registration in accordance with SEC guidance. This 1 For purposes of the Funds’ investment strategy, the definition of “New York CSA” includes: Bridgeport-Stamford-Norwalk, CT Metropolitan Statistical Area (“MSA”), Kingston, NY MSA, New Have-Milford, CT MSA, New York-Newark-Jersey City, NY- NJ-CT-PA MSA, Poughkeepsie-Newburgh-Middletown, NY MSA, and Trenton-Princeton, NJ MSA. Brochure also describes the business practices of the General Partners, which together operate as a single advisory business together with Sagehall. Each Fund will be managed by their respective General Partner, although for certain structures, a Sagehall affiliate may provide discretionary or non-discretionary investment advice. For ease of reference, Sagehall and any affiliated General Partners are referred to, collectively, throughout this Brochure as “Sagehall”, unless the context otherwise requires. For legal, tax, regulatory or other considerations, the Funds will form one or more alternative investment entities and co-investment entities to make, restructure or otherwise hold investments. Generally, in each such event, each Limited Partner that participates in such an alternative investment vehicle would do so on the same terms and conditions as it participates in the respective Fund. Also, in order to facilitate investment by non-U.S., tax-exempt and certain other investors, each General Partner may create one or more parallel investment entities, the structure of which may differ from that of the respective Fund but that will invest proportionately in all transactions on substantially the same terms and conditions as the respective Fund, except as necessary to address legal, tax, regulatory or other considerations. The eligibility and suitability requirements for each Fund are described in the applicable private placement memorandum (“PPM”), limited partnership agreement (“Partnership Agreement”), and subscription agreements (“Subscription Agreements”) (collectively referred to as the “Fund Offering Documents”). For purposes of this Brochure, references to “the Funds” or “each Fund” will also apply to future funds unless otherwise noted. Assets Under Management As of May 17, 2024 Sagehall had $721,780,433 in regulatory assets under management. All assets will be managed on a discretionary basis.