Overview
                                    
                                    
                                        
                                            FVLCRUM Partners, LLC (“FVLCRUM” or “Adviser”) is a Delaware limited liability company 
formed in July 2020. FVLCRUM is led by four principals: Chijioke Asomugha, Harrison Perry, 
Marques Martin, and Benjamin Carson, Jr. (each a “Principal” and collectively, the “Principals”). 
FVLCRUM serves as the investment adviser to a fund structure comprised of three private pooled 
investment vehicles  for sophisticated investors  (the “Fund”).  FVLCRUM Holdings LLC, a 
Delaware limited liability company, is the general partner of the Fund (the “General Partner”). 
Item 4.B. 
FVLCRUM  pursues  its  investment  strategy  through  managing  the Fund’s  portfolio. 
FVLCRUM has discretion with respect to investment decisions made for the Fund. FVLCRUM 
provides  investment  advisory  services  to  the Fund  based  on the  investment  objectives  and 
strategies  described  in  the Fund’s  confidential  offering  memorandum  and  governing 
documents (referred to collectively as “Offering Documents”). 
FVLCRUM was established to invest in lower middle market, minority-owned companies in the 
United States principally in the government contracting, healthcare and business services sectors. 
FVLCRUM’s mission is to close the U.S. racial
                                        
                                        
                                             wealth gap and simultaneously drive investor returns 
by providing equity capital and leveraging network capital to grow minority businesses and their 
communities. 
FVLCRUM does not limit its advisory services to certain types of securities as outlined in the 
Fund’s investment management agreement. 
Item 4.C. 
FVLCRUM  provides investment advisory services in accordance with the Fund’s  investment 
management agreement and Offering Documents. FVLCRUM will not tailor its advisory services 
to the individual needs of its Fund’s underlying investors. Underlying investors also cannot impose 
restrictions on the investment activities of the Fund. While there is a Fund advisory committee 
(“Advisory Committee”) comprised of Fund investors that consults with FVLCRUM concerning 
the Fund’s activities and operations as to business matters, including conflicts of interest, this 
committee does not take part in the management or control of the Fund. 
Item 4.D. 
FVLCRUM does not participate in wrap fee programs. 
Item 4.E. 
As  of  December  31, 2023,  FVLCRUM  has  approximately  $298M  of discretionary regulatory 
assets under management. FVLCRUM does not manage any assets on a non-discretionary basis.