For purposes of this Brochure, the “Adviser” means Altamont Capital Management, L.P., a California limited partnership, together (where the context permits) with its affiliated general partners of the Funds (as defined below) (each, a “General Partner”) and other affiliates that provide advisory services to and/or receive Advisory Fees (as defined below) from the Funds. Such affiliates may or may not be under common control with Altamont Capital Management, L.P., but possess a substantial identity of personnel and/or equity owners with Altamont Capital Management, L.P. These affiliates are formed for tax, regulatory or other purposes in connection with the organization of the Funds, or serve as General Partners of the Funds. The Adviser provides investment supervisory services to investment vehicles (the “Funds”) that are exempt from registration under the Investment Company Act of 1940, as amended (the “1940 Act”) and whose securities are not registered under the Securities Act of 1933, as amended (the “Securities Act”). The Funds make primarily long-term private equity and equity-related investments, as well as investments in debt instruments. In accordance with the Funds’ respective investment objectives described in the Funds’ Governing Documents (as defined below), investments are primarily made in companies doing business in target verticals where the Adviser’s principals have significant knowledge and/or strategic points of view. Such industries, which may change from time to time, include financial services, consumer, retail, industrials, healthcare and business services industries. The Adviser’s advisory services consist of investigating, identifying and evaluating investment opportunities, structuring, negotiating and making investments on behalf of the Funds, managing and monitoring

the performance of such investments and disposing of such investments. The Adviser may serve as the investment adviser or General Partner to the Funds in order to provide such services. The Adviser provides investment supervisory services to each Fund in accordance with the limited partnership agreement (or analogous organizational document) of such Fund, separate investment and advisory, investment management or portfolio management agreements and/or side letters entered into with certain Fund investors (each, a “Governing Document”). Investment advice is provided directly to the Funds and not individually to the investors in the Funds. Services are provided to the Funds in accordance with the Governing Documents of the applicable Fund. Investment restrictions for the Funds, if any, are generally established in the Governing Documents of the applicable Fund. Once invested in a Fund, an investor cannot impose restrictions on the types of securities in which such Fund may invest. Investors in the Funds participate in the overall investment program for the relevant Fund, but in certain circumstances are excused from a particular investment due to legal, regulatory, or other agreed-upon circumstances pursuant to the Governing Documents; provided that such arrangements generally do not and will not create an adviser-client relationship between the Adviser and any investor. Investments in the Funds involve significant risks and should be regarded as long-term in nature, forming only one portion of an investor’s diversified investment portfolio. The principal owner of the Adviser is Jesse Rogers. The Adviser was formed in 2010. As of December 31, 2023, the Adviser manages a total of $4,197,521,347 of client assets, all of which is managed on a discretionary basis.