Description of Firm Basis Management Group, LLC, a Delaware limited liability company, has been a registered investment advisor under the Advisers Act of 1940, as amended ("Advisers Act") since August 2017.
The Firm is an alternative asset management company primarily focused on debt and structured equity strategies. Basis Management Group (together with certain of its affiliates, "Basis"), was founded in 2009 by Tammy K. Jones in partnership with JEMB Realty Corporation ("JEMB"), a U.S. real estate company established over 30 years ago. The Firm is headquartered in New York, NY.
The Firm is majority owned by its Chief Executive Officer, Tammy K. Jones and Basis Investment Group, LLC. Ms. Jones retains control of all day to day decisions of Basis and Ms. Paulette Bailey, a principal in JEMB, is Ms. Jones's passive financial partner, effectively making Basis a company that is owned 100% by women. As used in this brochure, the words "we," "our," and "us" refer to BASIS MANAGEMENT GROUP LLC and the words "you," "your," and "client" refer to you as either a client or prospective client of our firm.
Portfolio Management Services Basis Management Group provides discretionary investment management services through an affiliated general partner of BIG Real Estate Fund I, L.P., a private investment fund ("BIG Fund I"), BIG Real Estate Fund II, L.P., a private investment fund ("BIG Fund II"), and affiliated managing member of BIG Venture 2020, LLC ("BIG Venture", collectively, the "Fund" or "Funds"). BIG Fund I and II are U.S.
limited partnerships and BIG Venture is a U.S. limited liability company. The Funds are not registered or required to be registered under the U.S. Investment Company Act of 1940, as amended ("1940 Act") or the U.S. Securities Act of 1933, as amended ("Securities Act"), and were offered and sold in reliance on certain private placement exemptions to qualified and accredited investors in the United States and elsewhere. BIG Equity Investors, LLC, a Delaware limited liability company, provides investment management services to BIG Equity Value-Add Fund, L.P. (f.k.a. AIM Real Estate Co-Investment Fund, L.P.) and is a "Relying Advisor" to Basis Management Group, LLC. BIG Equity Value-Add Fund, L.P. originates direct equity investments in well-located CRE throughout the United States.
The Fund may also be referred to in this brochure as "the Client" or "Clients". BIG Fund I and II will originate, co-originate and acquire debt and structured equity instruments to fund

acquisitions, refinancings, and recapitalizations of well-located CRE throughout the United States. BIG Fund I and II will primarily pursue bridge loans, mezzanine investments, structured equity, CMBS B-Pieces, and other CRE high yielding investments, provided that BIG Fund II may also pursue distressed debt opportunities (the "Investments"). BIG Venture will primarily participate in co-investments offered by BIG Fund I and II. Persons and entities that invest in the Fund are referred to in this brochure as "investors" or "limited partners." The Firm provides investment advice and other services directly to the Funds and not individually to the investors in the Funds. As of December 31, 2023, the Firm manages approximately $1,329,000,000 in assets on a discretionary basis on behalf of its Client.
Types of Investments The Firm's advisory services are tailored to the investment objectives of the Fund which are outlined in the Fund's offering documents, including, without limitation, any supplements of the offering documents and other governing documents (the "Fund Documents"). However, in accordance with common industry practice, a Fund or its general partner may from time to time enter into a "side letter" or similar agreement with an investor pursuant to which the Fund or its general partner grants the investor specific rights, benefits or privileges that are not generally made available to all investors. See "Item 8 – Methods of Analysis, Investment Strategies and Risk of Loss" below for more details.
4 The investment objective of the Funds is to provide investors with attractive risk-adjusted returns through opportunistically investing in CRE debt and structured equity investments collateralized by U.S. commercial real estate assets. The Funds anticipate that they will originate and acquire a diverse portfolio of CRE debt across the capital stack of core/core plus, value add, and opportunistic assets throughout the United States that will include, without limitation, origination of floating rate bridge first mortgage loans, mezzanine loans, preferred equity investments, B-Notes, distressed debt and selectively, B-Pieces (i.e., equity tranche of fixed rate CMBS transactions). Investments may be made directly, in joint ventures with third parties or affiliates, or through investment vehicles sponsored by the Fund if these investments are accretive and satisfy the Fund's risk profile.
Basis Management Group does not currently participate as manager in any wrap fee programs.