For purposes of this brochure, unless otherwise noted, the “Adviser” means Sumeru Equity Partners, LP (“Sumeru”); including (where the context permits) its affiliated general partners of the Funds (as defined below) and other affiliates that manage investments for, provide advisory services to, and/or receive Advisory Fees (as defined below) from the Funds. Such affiliates are controlled by, or under common control with, Sumeru, but possess a substantial identity of personnel and/or equity owners with Sumeru. Such affiliates were formed for tax, regulatory, or other purposes in connection with the organization of the Funds. Such affiliates operate as a single advisory business together with Sumeru and are subject to the Investment Advisers Act of 1940, as amended (the “Advisers Act”) pursuant to Sumeru’s registration in accordance with SEC guidance. The Adviser provides investment management and/or investment supervisory services to investment vehicles it sponsors (the “Main Funds”) that are exempt from registration under the Investment Company Act of 1940, as amended (the “1940 Act”) and whose securities are not registered under the Securities Act of 1933, as amended (the “Securities Act”). The Adviser has established certain investment vehicles through which certain employees, members, officers, and independent contractors of the Adviser and/or their family members, officers and employees of the Adviser’s affiliates and/or their family members, certain business associates, certain investors in the Main Funds, or other persons close to the firm have invested alongside one or more Main Funds in one or more investment opportunities. Such vehicles, referred to herein as “Co-Investment Vehicles,” generally are contractually required, as a condition of investment, to exit their investments in each investment opportunity at substantially the same time, and on substantially the same terms, as the applicable Main Fund that is invested in that investment opportunity. Co-investment vehicles in which employees of, and certain senior advisors and executives to, the Adviser invest is referred to herein as (the “Employee Co- Investment Vehicles”, and collectively with the Main Funds and Co-Investment Vehicles, the “Sumeru Funds” or the “Funds”). The Adviser’s investment management

and/or investment supervisory services consist of investigating, identifying, and evaluating investment opportunities, structuring, negotiating, and making investments on behalf of the Funds, managing and monitoring the performance of such investments, and disposing of such investments. The Adviser serves as the investment adviser, sub-adviser or general partner to the Funds in order to provide such services. The Adviser provides investment management and/or investment supervisory services to each Fund in accordance with the limited partnership agreement (or analogous organizational document) of such Fund, separate investment management agreements (each such investment management agreement, an “Advisory Agreement”), and/or side letters with investors (collectively, the “Governing Documents”). Investment advice is provided directly to the Funds, and not individually to the investors in the Funds. Certain investors in a Fund have opt-out rights with respect to certain investments due to legal, regulatory or other agreed-upon circumstances. Investment restrictions for the Funds, if any, are generally established in the Governing Documents or offering documents of the applicable Fund. From time to time, for strategic and other reasons, a co-investor or co-investment vehicle may purchase a portion of an investment from one or more Funds after such Funds have consummated their investment in the portfolio company (also known as a post-closing sell-down or transfer). Any such purchase from a Fund by a co-investor or co-investment vehicle generally occurs shortly after the Fund’s completion of the investment to avoid any changes in valuation of the investment. Where appropriate, and in the Adviser’s sole discretion, the Adviser is authorized to charge interest on the purchase to the co-investor or co-investment vehicle (or otherwise equitably to adjust the purchase price under certain conditions), and to seek reimbursement to the relevant Fund for related costs (including costs associated with usage of a Fund’s subscription line). However, to the extent such amounts are not so charged or reimbursed, they generally will be borne by the relevant Fund. Sumeru is principally owned by Kyle Ryland. Sumeru has been in business since 2014. As of December 31, 2022, the Adviser managed approximately $3,491,313,219 on a discretionary basis.