Ortelius Capital Partners, LLC, an alternative asset management group specializing in hedge funds, is majority-owned by H.R.H. Prince Pavlos of Greece and Peter DeSorcy, and has been providing advisory services since 2002. As of December 31, 2023, Ortelius managed approximately $102,884,116 on a discretionary basis. Ortelius Capital Partners, LLC is also affiliated through ownership and control with Ortelius Ventures, LLC, a firm specializing in private equity asset management and Ortelius Advisors, L.P., a firm specializing in activist investing. These firms operate under the same compliance policies/procedures and Code of Ethics, and are referred to throughout this Brochure as “Ortelius.” Ortelius provides investment supervisory services to multiple private pooled investment vehicles (each a “Private Fund”, and collectively the “Private Funds”): 1. Hudson Investors, Ltd., which is incorporated under the laws of the British Virgin Islands, and is managed as a fund of hedge funds of funds, meaning that the pooled investment vehicle invests primarily in other pooled investment vehicles. Ortelius may also invest directly, both long and short, in a wide range of securities and financial instruments (a “direct investment”) when Ortelius believes that the net exposure of the underlying funds either under- or over-exposes this Private Fund to the overall financial markets. These transactions may include, without limitation, equity or debt investments, options, swaps, forwards, futures, credit derivatives, exchange-traded funds or

other equity or credit derivative instruments. This Private Fund is in the process of wind down. 2. Hermes Ventures, L.P. (a Master Private Fund) and Hermes Ventures (Cayman), L.P. (a Feeder Fund) – a private equity fund structure that follows an opportunistic private equity strategy. 3. Pangaea Ventures, L.P. (a Master Private Fund) and Pangaea Ventures (Cayman), L.P. (a Feeder Fund) – funds that aim to provide investors with attractive risk- adjusted returns by directly or indirectly investing in companies whose security price can be improved through corporate or strategic action. The Private Funds are not required to register as investment companies under the U.S. Investment Company Act of 1940 in reliance upon an exemption available to pooled investment vehicles whose securities are not publicly offered. Ortelius manages the Private Funds on a discretionary basis in accordance with the terms and conditions of each Private Fund’s offering and organizational documents. The Private Funds are only suitable for investors with no need for liquidity in their investment, for whom an investment in the Private Fund does not constitute a complete investment program, and for those who fully understand the Private Fund’s risks, fees and conflicts of interest. Beginning in 2024, Ortelius also will advise one or more separately managed accounts (each, an “SMA”, and together with the Private Funds, the “Advisory Clients”) on a non- discretionary basis.