Allianz Capital Partners of America LLC (“Adviser”), a Delaware limited liability company, is an SEC-registered investment adviser with its principal office in New York, New York. The Adviser is a direct, wholly-owned subsidiary of PFP Holdings, LLC, a Delaware corporation. PFP Holdings, LLC is indirectly owned by Allianz SE, a publicly-traded, diversified global financial institution that directly or indirectly owns other asset management firms. The Adviser (formerly known as Allianz Capital Partners of America, Inc.) has been in business since December 9, 2002. The Adviser provides investment advice regarding investments in infrastructure debt assets (the “Infrastructure Debt Strategy”) to ACP GmbH, AIM, affiliated advisors, and third-party clients. The Adviser also provides investment advice regarding investments in North and South American private equity funds (the “PE Strategy”) and equity investments in renewable energy infrastructure assets (the “Renewables Strategy”) to Allianz Capital Partners GmbH (“ACP GmbH”), a German affiliate of the Adviser, as well as Allianz Investment Management U.S. LLC (“AIM”), a U.S. affiliate of the Adviser, both of which are indirect, wholly owned subsidiaries of Allianz SE and members of the Allianz group of financial affiliates (the “Allianz Group”). In addition, through a series of advisory agreements with ACP GmbH, the Adviser provides sub-advisory services with respect to the PE Strategy and the Renewables Strategy to certain European collective investment vehicles (the “ACP GmbH Funds”) advised by ACP GmbH and invested in (wholly or partly) by third-party investors. None of the ACP GmbH Funds have used U.S. jurisdictional means to conduct an offering of securities. For purposes of Form ADV and this Brochure,

the Adviser has treated only the ACP GmbH Funds (and not the Allianz Group affiliates) as though they were clients of the Adviser. The Adviser provides investment supervisory services to each ACP GmbH Fund in accordance with an investment management agreement and a service level agreement, respectively, between the Adviser and ACP GmbH, which acts as managing limited partner to, or otherwise advises, the ACP GmbH Funds. The Adviser provides investment advice to ACP GmbH and does not have direct client contact with the ACP GmbH Funds or with the investors in the ACP GmbH Funds. Investment restrictions for the ACP GmbH Funds, if any, are generally established in the organizational or offering documents of the applicable ACP GmbH Fund. Certain of the Adviser’s personnel provide trading services in public equity, fixed income, and options markets, and research advisory services in fixed income markets, on behalf of clients of the Adviser’s global advisory affiliates within the Allianz Global Investors group of companies (“Advisory Affiliates”) located in Europe and Asia Pacific. On July 25, 2022, the Adviser’s parent company, Allianz SE, entered into a transaction that combined the assets, investment strategies, and certain personnel of an Allianz affiliate with those of Voya Investment Management LLC (“VIM LLC”). As part of this transaction, Allianz SE acquired a 24% indirect stake in VIM Holdings LLC, of which VIM LLC is a wholly-owned subsidiary. Among the provisions of this transaction, VIM LLC distributes the products of the Adviser’s Infrastructure Debt Strategy and receives certain fees for doing so. As of December 31, 2023, the Adviser managed a total of $4,704,997,106 in client assets, all of which were managed on a discretionary basis.