The Advisor was originally formed as a Delaware limited liability company on November 28, 2000 and converted to a Delaware limited partnership on May 20, 2013. The limited partners of the Advisor are Joel S. Ehrenkranz, Sanford B. Ehrenkranz, Amy G. Bermingham, Andrew Sommers, John B. Ehrenkranz, Patrick J. C. Shaw and Hannah W. Mensch. The general partner of the Advisor is Ehrenkranz Partners GP LLC, a Delaware limited liability company that is owned by the Advisor’s limited partners. The Advisor acts as general partner to E&E Advisors L.P. and E Capital Management L.P. which are SEC registered investment advisors that serve as general partner to pooled investment vehicles which are privately placed and are not registered under the Investment Company Act of 1940, as amended. The Advisor also acts as the general partner of Acquisition Funds GP-L.P. (the “AFGP”) that serves as the direct general partner of several domestic pooled investment vehicles (the “AF GP Funds”) which are privately placed and are not registered under the Investment Company Act of 1940, as amended. One of the AF GP Funds is a series limited partnership that offers interests in additional series at the AFGP’s discretion. Each series of the series limited partnership and the other AF GP Funds are not continuously offered. The Advisor provides investment advisory services on a discretionary basis to the AFGP Funds as well as certain funds for which E Capital Management L.P. serves as general partner (collectively, the “Advisor Managed Funds”) pursuant to a certain

Privity Agreement between the Advisor and the general partners of the Advisor Managed Funds. The Advisor also provides non-discretionary and discretionary investment advisory services to non-affiliated high net worth individuals, trusts, charitable and other non-profit institutions, retirement accounts, foundations, family and sole member partnerships and limited liability companies as well as other private investment vehicles (“Advisory Clients”). The Advisor generally does not provide investment advice about specific securities, but allocates client assets to pooled investment vehicles or separate accounts managed by professional specialized fund managers and trading advisors that utilize the investment strategies discussed in Item 8. Asset allocations for Advisory Clients are developed and proposed based on each Advisory Clients’ individual objectives and risk tolerances. As of January 1, 2024, the Advisor oversees approximately $15.2 billion of Advisory Client assets on a non-discretionary basis, as well as approximately $1.4 billion of assets managed on a discretionary basis. Assets managed on a non-discretionary basis are the assets held by non- discretionary Advisory Clients. Assets managed on a discretionary basis are those that are invested in the Advisor Managed Funds or those managed on behalf of discretionary Advisory Clients. Additionally, the Advisor serves as general partner to E&E Advisors L.P. and E Capital Management L.P. which manage an aggregate of approximately $5.3billion of assets on a discretionary basis.