Landscape Capital Management, LLC (“Landscape,” the "Adviser," “our” or “we”) is a New Jersey limited liability company formed in 2006. The principals of the Adviser are Kirk Schneider, Michael Morell, Jon Finkel, Josh Gallant and George Papadopoulos (collectively, the “Principals”). The Adviser is a private, wholly-owned subsidiary of Landscape Holdings LLC a Delaware limited liability company formed in 2007. In reliance upon the position expressed in the no-action letter released by the SEC dated January 18, 2012 and later codified by rule Release No. IA-4509, Landscape Alpha Investments, LLC and Landscape Private Investments, LLC are relying advisers to Landscape. As discussed in Item 10, such entities serve as general partner to certain of the private funds managed by Landscape. This Brochure also describes the business practices of the general partners, which operate as a single advisory business together with Landscape. References to Landscape or the Adviser in this Brochure include, as the context requires, any affiliates: (i) through which Landscape provides investment advisory services to the Funds (as defined below) or (ii) that serve as general partners of the Funds (as defined below). The Adviser is an investment manager to six private funds. Prior to the rendering of any advisory services, clients are required to enter into one or more written agreements with Adviser setting forth the relevant terms and conditions of the advisory relationship (“Agreement(s)”). As of December 31, 2022, the Adviser had $1,123,007,346 in regulatory assets under management, all of which was managed on a discretionary basis. While this Brochure generally describes the business of the Adviser, certain sections also discuss the activities of its Supervised Persons, which refer to Landscape’s officers, partners, directors (or other persons occupying a similar status or performing similar functions), employees or any other person who provides investment advice on the Adviser’s behalf and is subject to Landscape’s supervision or control. Management of Pooled Investment Vehicles The Adviser serves as the investment manager of Landscape Capital Partners, LP, Landscape High Leverage Fund, LP, Landscape Offshore HL Fund Ltd., Landscape Cayman Fund Limited, Landscape Illiquid Fund II, LP, and Landscape Ventures III LP (collectively, the “Funds”). The Funds are currently exempt from registration under the Investment Company Act of 1940, as amended

(“Company Act”), and the interests in the Funds are privately offered pursuant to Regulation D under the Securities Act of 1933, as amended (“Securities Act”). Landscape provides investment management services and has discretionary investment authority over the Funds. Advisory services include the selection of investments. Participation as an investor in the Funds is restricted to investors that are qualified clients pursuant to the requirements under Rule 205-3 under the Investment Advisers Act of 1940, as amended (“Advisers Act”), as well as “accredited investors” as defined under Rule 501 of the Securities Act. Further, investors of Landscape High Leverage Fund, LP, Landscape Offshore HL Fund Ltd. and Landscape Cayman Fund Limited must also be “qualified purchasers” as such term is defined in Section 2(a)(51) of the Company Act. All relevant information, terms and conditions relative to the Funds, including the compensation received by Adviser or an affiliate, withdrawal rights, minimum investments, qualification requirements, suitability, risk factors, potential conflicts of interest, are set forth in the relevant confidential private offering memorandum, limited partnership agreement and/or subscription agreement (collectively the “Offering Documents”), which each investor is required to receive and/or execute prior to being accepted as an investor in the Funds. The portfolios of Landscape Capital Partners, LP, Landscape High Leverage Fund, LP, Landscape Offshore HL Fund Ltd. and Landscape Cayman Fund Limited are managed under a common hedge fund strategy with a slight variation between portfolios seeking to maximize after-tax adjusted returns based on each fund’s domicile. Landscape uses various quantitative methods in its analysis, and uses various traditional and alternative data sets as inputs, in pursuit of these funds’ objectives. These funds follow a market-neutral style, having no permanent bias (aside from short-term tactical positioning) to prefer rising or falling markets, instead seeking to perform well in both. The portfolios of the other two private funds (Landscape Illiquid Fund II, LP and Landscape Ventures III, LP) hold illiquid investments, are managed using a process that is more qualitative in nature, and do not follow a market-neutral style. None of these two funds is making new investments at present; rather they are managing the harvesting of investments made in past years or are in the process of liquidating.