Core Management II Corporation (“CMIIC”), organized in and providing advisory services since 1999, generally as a venture capital fund adviser, is principally owned by Messrs. William Dunbar and Mark Levine. CMIIC first registered with the Securities and Exchange Commission in July 2019. Core Management FP I, L.P. (“CMFP”) was organized in June 2022 to provide advisory services to a private equity fund and is principally owned by Mr. Dunbar, Mr. Levine, and Mr. Randolph Klueger. CMFP and CMIIC file a single Form ADV as the relying adviser and filing adviser, respectively. CMFP and CMIIC share personnel and operate under a single compliance program. CMFP and CMIIC are referred to individually in this Brochure where helpful for clarity, but otherwise are referred to collectively as “Core Capital.” Core Capital provides investment advisory services to pooled investment vehicles (the “Funds”). In general, Core Capital is managing the harvesting and liquidating stages for the Funds through exit strategies coordinated in the best interest of the Funds, however Core Capital has made follow-on and/or additional investments into existing companies. The below paragraphs describe at times in the present tense Core Capital’s general investment approach although Core Capital is not making new investments in new portfolio companies. Please see Item 8 for more information on Core Capital’s investment strategies and associated risks. Core Capital coordinates with the general partner or managing member of each Fund, which are comprised of Core Capital personnel but can and have included non-managing third parties or former Core Capital personnel (also non-managing);

for simplicity, unless otherwise indicated, this Brochure references Core Capital throughout. For more information on the general partners and managing members, please see Item 10 of this Brochure. Core Capital focuses on private, early stage, venture capital investments, with a focus on companies based in the broader Mid-Atlantic area, and which are in enterprise software, cloud management, e-commerce and payments, data analytics mobility and software security. Investments generally are non-controlling, and Core Capital typically invests alongside other investment funds seeking long term capital appreciation. Core Capital provides investment advice directly to the Funds, and not to the individual investors within those Funds; and provides the advice pursuant to each Fund’s respective governing documents. Before investing in any Fund, investors must read the respective governing documents for more information about each Fund. All material terms are generally established at the time of the Fund formation, and investors generally cannot impose additional restrictions on the Fund. However, Core Capital, on behalf of the relevant Fund, has entered into side letters with some investors. In certain cases, these side letters modify terms not available to other investors. Investors generally are not permitted to withdraw or redeem interests in the Funds. Please see Item 8 of this Brochure for more information on Core Capital’s strategy and the associated risks. As of December 31, 2023, Core Capital managed approximately $1,054,823,696 on a discretionary basis. Core Capital does not manage any assets on a non-discretionary basis.