SkyBridge Capital II, LLC (“SkyBridge”) is an alternative investment management firm that provides discretionary investment management and advisory services, together with investment management products, to Advisory Clients (as defined in this Item 4). As of December 31, 2023, SkyBridge managed approximately $2.0 billion in net assets for Advisory Clients on a discretionary basis. The services and products offered and managed by SkyBridge primarily consist of investment management and advisory services, custom investment portfolios and commingled products in the hedge fund, digital asset, private equity and real estate sectors. Investments where SkyBridge serves as investment adviser are structured as (i) “funds-of-funds” (i.e., funds that seek to achieve their investment objective(s) by investing substantially all of their assets in hedge funds or closed-end funds) and (ii) direct investment funds (i.e., funds that seek to achieve their investment objective(s) by investing directly in securities and/or other instruments). These funds (i) are registered under the Investment Company Act of 1940, as amended (the “1940 Act”) as open-end or closed-end management investment companies or (ii) rely on an exemption from registration under Section 3 of the 1940 Act. Funds operating as 1940 Act registered investment companies may be sold to retail investors, while funds not so registered may only be offered to qualifying investors, in each case as described in the funds’ offering materials and otherwise in compliance with applicable law. SkyBridge has been providing investment management and advisory services since July 2008, including as a result of the assumption of certain investment management and advisory contracts assigned by (i) its affiliate, SkyBridge Capital LLC, as of June 1, 2009 and (ii) Citigroup Alternative Investments LLC as of June 30, 2010, as part of the acquisition of its Hedge Fund Management group by SkyBridge. SkyBridge’s predecessor, SkyBridge Capital LLC, began providing investment management and advisory services in November 2005. SkyBridge is principally owned by its founder, Anthony Scaramucci, together with Island Bay Ventures, Inc. (“Island Bay”), Brett S. Messing, Prowes Holding S.A. (“Prowes”) and Raymond C. Nolte. The business and affairs of SkyBridge are managed exclusively by or under the direction of its Board of Managers (the “Board of Managers”), comprised of Messrs. Scaramucci, Messing and Nolte and a representative of Prowes, a diversified holding company with interests in various sectors. The Board of Managers may exercise all of the powers of SkyBridge, except as otherwise provided by law or its governing document. Island Bay is not represented on the Board of Managers and has no influence or control rights over SkyBridge’s operations. Affiliates of SkyBridge may act as the general partner or managing member of limited partnerships or limited liability companies sponsored by SkyBridge, while those structured as corporations are typically managed by a board of directors composed of a majority or exclusively of persons not affiliated with SkyBridge. Each of the SkyBridge managed funds registered under the 1940 Act has a board of directors/trustees composed of at least a majority of “non-interested persons,” as defined in the 1940 Act. SkyBridge’s team of professionals provides investment analysis and support services from its headquarters in New York. SkyBridge Funds-of-Funds A significant portion of SkyBridge’s Advisory Clients are “funds-of-funds”, meaning they pursue their investment objectives by investing primarily in hedge funds or closed-end funds (collectively, “Investment Funds”) managed by unaffiliated investment managers (each, an “Investment Manager”), as well as Investment Funds managed by SkyBridge to a lesser extent, that employ a variety of alternative investment strategies, as identified by SkyBridge using its investment process discussed in greater detail in Item 8 of this brochure. Conflicts of interest are presented by “funds-of-funds” investments in Investments Funds managed by SkyBridge, as described in Item 6 of this brochure, which investors are encouraged to review. Investment strategies generally, but not always, allow Investment Managers the flexibility to use leveraged or short-sale positions to take advantage of perceived inefficiencies across the global capital markets and are referred to as “alternative” strategies. Because Investment Funds following alternative investment strategies (whether hedged or not) are often described as “hedge funds,” such Advisory Clients are referred to as SkyBridge “funds-of-funds”. The Investment Funds may provide exposure to one or more instruments, including but not limited to equities, debt, structured products, digital assets (digital assets include “virtual currencies,” “cryptocurrencies,” “coins,” “tokens” or similar assets that are issued and/or transferred using technological innovations such as distributed ledger or blockchain technology), derivatives, real estate and other alternative assets. To a lesser extent, the SkyBridge “funds-of-funds” make private investments in emerging portfolio companies (e.g., venture capital and growth equity investments). On occasion, SkyBridge “funds-of-funds” may purchase and hold publicly traded equities. SkyBridge seeks to employ a combination of a top-down and bottom-up investment approach, with the goal of identifying attractive Investment Funds that fit into one or more investment themes it identifies. SkyBridge considers a theme to be a market or economic development that

it believes is likely to drive profits, typically because SkyBridge believes that the impact of the chosen theme on the pricing of particular market instruments or segments is not fully appreciated. SkyBridge “funds-of-funds” may seek to gain investment exposure to Investment Funds or Investment Managers that enter into derivative transactions, such as total return swaps, options and futures. Derivative instruments, consisting of futures, swaps and options, present risks and opportunities described in the offering materials for such funds. While these instruments can be significant components of the investment programs of the Investment Funds in which the SkyBridge “funds-of-funds” invest, it is presently contemplated that the “funds-of-funds” will not enter directly into derivatives transactions to a significant degree. As of the date of this brochure, SkyBridge manages the following “funds-of-funds”, certain of which operate as part of a “master-feeder” fund structure: (i) SkyBridge Multi-Adviser Hedge Fund Portfolios LLC (“Series G”); (ii) SkyBridge GII Fund, LLC (“GII”); (iii) Legion Strategies, Ltd. (“Legion Strategies”); (iv) SkyBridge Japan Strategy Unit Trust (formerly known as SkyBridge Legion Strategies Unit Trust); (v) SkyBridge Japan Strategy Unit Trust II; and (vi) SkyBridge Japan Strategies SPC (together, the “SkyBridge Funds-of-Funds” and, together with the SkyBridge Venture Funds (as defined below), the “SkyBridge Funds”). Series G and GII, which operate as closed-end management investment companies registered under the 1940 Act, are each referred to as a “1940 Act Fund” in this brochure. On a limited basis from time to time, SkyBridge has provided “fund-of-funds” investment management services to separately managed account(s) owned by institutions and high net worth individuals (“Managed Accounts” and, together with the SkyBridge Funds, “Advisory Clients”). SkyBridge Direct Investment Funds In addition to the SkyBridge Funds-of-Funds, SkyBridge structures and manages direct investment vehicles, where SkyBridge formulates and executes upon trading and investment advice in its capacity as investment manager to the vehicle, using its investment process discussed in greater detail in Item 8 of this brochure. SkyBridge Venture Funds. Certain vehicles seek direct or indirect exposure to individual private companies, or a pool of such private companies. At present, these vehicles are: SkyBridge Chime LP, SkyBridge Klarna LP, SkyBridge Plaid LP, SkyBridge Genesis LP, SkyBridge Kraken LP, SkyBridge BTC Mining LP, SkyBridge Helium LP, SkyBridge FTX LP and SkyBridge Unicorn Recovery Fund LP, each a privately placed Delaware limited partnership managed by SkyBridge, for which a SkyBridge affiliate serves as general partner (together, the “SkyBridge Venture Funds”). The first SkyBridge Venture Fund launched in the fourth quarter of 2020. These funds are made available exclusively to “qualified purchasers” under the 1940 Act and rely on the Section 3(c)7 exemption from registration thereunder. Legion Strategies, which is a SkyBridge Fund-of-Funds, gains exposure to digital assets by investing in, among other things, fund(s) managed by SkyBridge (such fund(s) managed by SkyBridge and invested in by a SkyBridge Fund, “Affiliated Funds”). While investments by Legion Strategies in Affiliated Funds may enable SkyBridge to offer a broader array of investment strategies than would otherwise be possible, such investments present conflicts of interest. See Item 6 of this brochure. Sub-Advisory and Portfolio Consultant Roles SkyBridge serves as an investment sub-advisor to the First Trust SkyBridge Crypto Industry and Digital Economy ETF (the “CRPT ETF”), a series of First Trust Exchange-Traded Fund VIII, organized as a separate series of a 1940 Act registered management investment company advised by First Trust Portfolios LP. Other Roles SkyBridge sponsors certain investment products that do not invest in “securities”, as defined under applicable law: (i) SkyBridge serves as external adviser to SkyBridge Opportunity Zone Real Estate Investment Trust, Inc. (“SOZ REIT”) and (ii) SkyBridge serves as manager to (a)First Trust SkyBridge Bitcoin Fund LP (the “Bitcoin Fund”) and (b) each of Digital Macro Fund, LP, a Delaware limited partnership “feeder fund” and Digital Macro Fund, Ltd., a Cayman Islands exempted limited company “feeder fund” which together invest substantially all of their assets in Digital Macro Master Fund LP, a Cayman Islands exempted limited partnership (together, the “Digital Macro Fund”). SOZ REIT intends to operate as a real estate investment trust under the U.S. Internal Revenue Code of 1986, as amended (the “Code”) and invests in “qualified opportunity zone property” as defined by the Code and regulations issued by the U.S. Department of the Treasury. The Bitcoin Fund invests exclusively and directly in Bitcoin, the largest and most liquid digital asset, while the Digital Macro Fund invests in digital assets that have not been characterized as “securities” by the U.S. Securities and Exchange Commission (the “SEC”). Because they do not invest or trade in “securities”, as defined under applicable law, none of SOZ REIT, the Bitcoin Fund nor the Digital Macro Fund is considered to be subject to registration as an “investment company” under the 1940 Act nor is SkyBridge subject to the Investment Advisers Act of 1940, as amended (the “Advisers Act”) or acting in its capacity as SEC registered investment adviser with respect to those funds. Information on these funds is provided herein for informational purposes only.