The Adviser is an investment adviser with its principal place of business in New York, New York. The Adviser commenced operations as an investment adviser in 2006. Steven Yanis and Neil Crespi are the managing members of the Adviser (the "Managing Members") and have been since inception. The Managing Members each own an equal interest in the Adviser. The Adviser provides investment supervisory services on a discretionary basis to privately offered investment vehicles exempt from registration as investment companies under the Investment Company Act of 1940, as amended (the “1940 Act”), which are offered to sophisticated investors and institutional investors (“Investors”). Currently, the Adviser serves as the investment manager for two pooled investment vehicles, a Delaware limited partnership exempt from registration under Section 3(c)(7) of the 1940 Act (the “Partnership”) and a Cayman Islands exempted company exempt from registration under Section 3(c)(1) of the 1940 Act (the “Cayman Fund” and together with the Partnership, the "Funds of Funds" or individually, a “Fund of Funds”). The Funds of Funds primarily invest in other pooled investment vehicles (“Underlying Funds”). The Adviser also serves as the manager to a pooled investment vehicle (the “Feeder Fund”), which invests substantially all of its assets in the Hedge Fund (as defined below). The Funds of Funds and the Feeder Fund are collectively referred to in this Brochure as the “Funds”. With respect to the Feeder Fund, the term “Underlying Fund” shall mean the Hedge Fund and the term “Fund

Manager” shall mean Maplelane. The Adviser, in its capacity as managing member, provides non-advisory services to another privately offered investment vehicle, a Delaware limited liability company exempt from registration under Section 3(c)(7) of the 1940 Act, that invests primarily in equity securities and equity derivatives (the “Hedge Fund”). The Hedge Fund is not a client of the Adviser. The Adviser has engaged a third-party, Maplelane Capital, LLC, a Delaware limited liability company (“Maplelane”), to be the investment adviser to the Hedge Fund. The managing members of Maplelane are Leon Shaulov and Robert Crespi. Maplelane is solely responsible for managing the Hedge Fund’s investment portfolio. The Adviser does not exercise any investment discretion with respect to the Hedge Fund; provided, however, that the Adviser has the ability to terminate Maplelane as investment manager of the Hedge Fund. The Funds of Funds have investments in the Hedge Fund. The Adviser provides advice to the Funds based on the investment objectives and strategies set forth in the offering memorandum for each Fund. The Adviser does not tailor advisory services to the individual needs of Investors, and Investors may not impose investment restrictions on the Funds including investing in certain securities and other financial instruments or certain types of securities and other financial instruments. As of January 31, 2024, the Adviser had approximately $587,613,965 in regulatory assets under management on a discretionary basis and $0 on a non-discretionary basis.