1207 Capital Group, LLC, an Illinois limited liability company, is an investment adviser and is the Manager of and General Partner to Cimarron Partners, LP, Cimarron Healthcare Opportunities, LP, Cimarron Energy Spectrum, LP, and Cimarron Venture Opportunities, LP (each a “Client,” “Private Fund,” or “Fund,” and collectively, the “Clients,” “Private Funds” or “Funds”). 1207 Capital Group, LLC is sometimes referred to as the “Manager” or “firm” in this brochure. Cimarron Partners, LP, Cimarron Healthcare Opportunities, LP, Cimarron Energy Spectrum, LP, and Cimarron Venture Opportunities, LP are sometimes referred to together as the Private Funds, and collectively with the Manager are sometimes referred to as Cimarron. All allocation, direct investment and day-to-day operating decisions for the Private Funds are made by the Manager, which is controlled by R. Mark Jernigan and owned personally or through affiliates by R. Mark Jernigan, R. Clayton Jernigan and William F. Swee. The firm’s growth and success is the result of an investment philosophy informed by our principal’s substantial financial sector experience, a commitment to comprehensive due diligence, and a considered investment process. The firm does not currently manage separate accounts or non-U.S. funds. Cimarron Partners, LP is a hedge fund of funds established on January 1, 2002. Cimarron Healthcare Opportunities, LP is a hedge fund of funds established on March 1, 2013. Cimarron Energy Spectrum, LP, established on April 1, 2015, is a hedge fund of funds that also invests directly in the equity of private operating companies. Cimarron Venture Opportunities, LP is a venture capital fund of funds established on October 1, 2020. Cimarron Partners, LP is a diverse-strategy, multiple-manager partnership with a preference for relative value funds. It attempts to mitigate losses in difficult markets and to achieve equity-like returns over the market cycle, but with lower volatility than the broad equity markets experience. Cimarron Partners invests in multi-sector long/short funds, specialized equity long/short funds concentrating in healthcare, energy, and materials and mining, fixed income arbitrage, merger arbitrage, and event-driven funds and various other strategies, which may include convertible bond arbitrage, capital structure arbitrage, volatility arbitrage, global macro, and distressed debt. Other strategies have been included in the portfolio in the past, and additional strategies not listed here may be included

in the future. Cimarron Healthcare Opportunities, LP is an equity long/short multiple-manager partnership with a focus on providing returns in excess of equity markets over a market cycle. Cimarron Healthcare Opportunities invests in specialized equity long/short sector funds in healthcare and life sciences. Cimarron Healthcare Opportunities may also, to a limited extent, make direct investments in public companies in the healthcare and life-sciences sectors. Cimarron Energy Spectrum, LP is a multiple-manager partnership with a focus on providing attractive returns over a market cycle. Cimarron Energy Spectrum invests in funds concentrating in the energy, utilities and adjacent sectors related to the transition to sustainable energy sources, which currently include funds that pursue long/short equity strategies and relative value strategies focused on niche commodity options markets. Other strategies, such as hedged strategies that focus on high yield debt instruments, including distressed debt, may be included in the future. In addition to the above, Cimarron Energy Spectrum also participates in direct investments in privately held operating companies and may participate in future private offerings by these companies or other privately held companies that the General Partner identifies as attractive investment targets. Cimarron Venture Opportunities, LP is a multiple-manager venture capital partnership that seeks to provide investors with long-term capital appreciation. Cimarron Venture Opportunities invests in venture capital funds that specialize in the healthcare and life sciences sectors and invest in private companies. 1207 Capital Group’s investment professionals include an Investment Committee composed of four investment professionals. R. Mark Jernigan, founder of the firm, is the Chair of the Investment Committee. R. Clayton Jernigan, Ronald Schutz, and William Swee are Investment Committee members. Given the nature of investing in a private fund, an investor may not impose investment restrictions. Terms of the Cimarron partnerships are outlined in the Limited Partnership Agreement and Offering Memorandum provided to all prospective investors. As of January 1, 2023, Cimarron managed on a discretionary basis approximately $132,300,000. Cimarron does not currently manage any non-discretionary assets. The foregoing represents Cimarron’s net assets under management and incorporates an estimate of the net asset value of Cimarron Venture Opportunities as of the date specified.