New Holland Capital, LLC (“NHC”) is a Delaware limited liability company that was formed on January 19, 2006. NHC began providing both discretionary and non-discretionary investment advisory services in 2020, including services provided to certain pooled investment vehicles, customized funds, and institutional investors (collectively, the “NHC Clients”) as more fully described below. NHC generally does not provide investment advice about specific securities but allocates NHC Clients’ assets to pooled investment vehicles or separate accounts managed by unaffiliated fund managers or trading advisors implementing various strategies as discussed in Item 8. Non-Discretionary Services NHC provides certain limited non-discretionary advisory services to other registered investment advisers, family offices and high net worth investors, and a US University Endowment (the “Non-Discretionary Clients”). Services provided to the Non-Discretionary Clients are in accordance with the investment advisory agreement among NHC and the respective Non- Discretionary Clients (the “Non-Discretionary Advisory Agreements”). Discretionary Services NHC provides discretionary services to the following pooled investment vehicles (collectively the “Pooled Vehicles”) that are privately placed and not registered under the Investment Company Act of 1940, as amended. The Pooled Vehicles include:
• New Holland Tactical Alpha Fund LP, a Cayman Islands exempted limited partnership (together with its feeder funds and affiliated trading entities, “TAF”) seeks to maintain a leveraged investment portfolio that is intended to produce attractive risk-adjusted returns with low beta to traditional asset classes.
• New Holland Special Opportunities Fund LP, a Delaware limited partnership (together with its feeder fund, “SOF”), has an investment strategy focused on constructing an investment portfolio consisting of less liquid, credit-like opportunities, with medium duration. NHC Clients also includes two customized private funds (collectively, the “Customized Funds”), one created at the request of a single European investment adviser (the “Client Adviser”) and the other, created at the request of a Canadian Pension, to pursue customized

investment strategies which NHC manages on a discretionary basis. The terms of the Discretionary Services are set forth in the governing documents of each respective Customized Fund (the “Governing Documents”). The Customized Funds are currently invested in one or more of the Pooled Vehicles. Additionally, in furtherance of the investment objectives of one of the Customized Funds, we also advise certain subsidiary special purpose vehicles (“SPVs”), of such Customized Fund through which such Customized Fund invests. The SPVs may include vehicles that will directly engage third party trading advisors to invest all or a portion of such vehicle’s assets (such fund, a “Managed Account Platform Fund”). NHC serves as the investment manager of these SPVs and Managed Account Platform Funds and is responsible for the selection of each investment made by an SPV and trading advisor engaged by each Managed Account Platform Fund. TAF is also a Managed Account Platform Fund. Additionally, NHC provides discretionary investment advisory services to a large United States- based public pension fund (the “Pension Client”) via a separately managed account arrangement (the “SMA”). Additional Activities and Services Either in connection with its services to its clients or for their own accounts, NHC principals and other personnel serve on advisory boards or committees to Underlying Managers (as defined below). NHC was formed by a team that was performing the same function as employees of a subsidiary of the Client Adviser. NHC is the wholly owned subsidiary of NHC Intermediate Partners, LLC a subsidiary of NHC Partners, LLC. Certain NHC affiliates, principals and employees (collectively, “NHC Persons”) are directly invested in TAF and an affiliate of NHC invests in the Customized Fund created for the Canadian Pension. See Item 5 for additional information on fees and compensation as they relate to these investments. As of February 28, 2024, NHC advised approximately $10,854,500,000 in assets on a discretionary. Assets of approximately $609,640,000 for our Non-discretionary Clients do not meet the SEC’s definition of “regulatory assets under management” and therefor are not included in the figures above.