Corsair is a Delaware limited liability company and an investment adviser located in New York, New York. The Adviser provides investment advisory services through certain of its subsidiaries and/or affiliates (the “Advisory Affiliates”) to pooled investment vehicles and separately managed accounts (the “Clients” or the “Funds”). The Funds make or made investments primarily in private equity, equity-related, debt and other securities in accordance with the investment guidelines for business focusing in the global financial and business services industry (the “Buyout Funds”) and certain of the Funds, including separately managed accounts, manage businesses focusing in the infrastructure sector and make other investments related to its transportation infrastructure platform companies (the “Infrastructure Funds”). All of the Funds are exempt from registration under the Investment Company Act of 1940, as amended (the “Investment Company Act”), pursuant to Sections 3(c)(1) or 3(c)(7) of the Investment Company Act or by virtue of accepting only foreign investors. Interests in the Funds are privately offered only to qualified investors. Certain Advisory Affiliates are responsible for carrying out the day-to-day investment activities of the Funds (the “Investment Managers”) and certain other Advisory Affiliates are responsible for serving as general partners (or similar managing fiduciaries) of the Funds (the “General Partners”). The Adviser was established in 2006. Corsair Capital LLC’s principal owner is Corsair Capital, L.P., which in turn is controlled by D.T. Ignacio Jayanti through its general partner. The Funds invest or have invested primarily in private equity, equity-related, debt and other securities and obligations (including preferred equity, subordinated debt or similar securities) in the global financial and business services industry or infrastructure sector. The Funds may also generally invest in derivative financial instruments and may utilize leverage in connection with their investment strategies, subject to certain limitations. Investment in portfolio companies will, in certain circumstances, be made indirectly by investing through partnerships or other entities (or by causing certain investors to invest through affiliated partnerships (or other entities)). The investment guidelines of each Fund are memorialized in the applicable Fund’s governing documents. The Adviser generally utilizes similar strategies for all of the Buyout Funds and for all of

the Infrastructure Funds, respectively. However, the Adviser will tailor its advisory services to the specific needs of a Fund when deemed necessary. Investment advice is provided directly to each Fund and not individually to the investors of each Fund. The Buyout Funds targeted investments in financial and business services companies globally, in North America, Europe, Asia, Latin America, Africa and the Middle East, although certain of the more recent Buyout Funds only target investments in that are predominantly based in North America and Europe. Sub-sectors of the financial and business services industry in which the Buyout Funds invest include banking, insurance, wealth and asset management, services, specialty finance and banking and financial technology. The Infrastructure Funds own investments that operate in the infrastructure sector in Canada, Europe and Australia. Corsair Capital, L.P. and other Corsair affiliates have entered into a definitive agreement to consummate a transaction (the “Transaction”) to form Investcorp Corsair Infrastructure Partners (“ICIP”) with Investcorp S.A. and certain of its subsidiaries (collectively, “Investcorp”), whereby affiliates of Corsair and Investcorp will each own 50% of ICIP and 50% of the general partner of ICIP. The Transaction closed effective November 30, 2023. ICIP is registered as a standalone adviser and has been assigned certain investment advisory agreements from and entered into a sub-advisory agreement with Corsair Infrastructure Partners, L.P. (“CIP”), a relying adviser of Corsair, for certain Infrastructure Funds. Investcorp has a 40% economic interest in CIP. ICIP and CIP are collectively referred herein as Corsair Infrastructure. In accordance with common industry practice, a Fund or its general partner may from time to time enter into a “side letter” or similar agreement with an investor pursuant to which the Fund or its general partner grants the investor specific rights, benefits or privileges that are not generally made available to all investors. See “Item 8 – Methods of Analysis, Investment Strategies and Risk of Loss” below for more details. References herein to “Corsair” or the “Adviser” will be deemed to include Corsair Infrastructure unless the context otherwise requires. The Adviser does not participate in wrap fee programs. As of December 31, 2023, the Adviser manages $6,843,643,543 in assets on a discretionary basis, and $1,591,227,802 in assets on a non-discretionary basis.