Company Overview & Principal Owners Endeavour was founded in 1991 and is directly owned by John E. von Schlegell, D. Mark Dorman, Stephen E. Babson, Aaron S. Richmond, Bradaigh O. Wagner, and Leland M. Jones. Endeavour and its affiliates provide investment management and administrative services to private investment funds (referred to in this Brochure as the “Endeavour Funds”), that invest primarily in middle market non-public companies based in the western United States and western Canada. Fund Structures Endeavour’s only clients are the Endeavour Funds, each of which is a pooled investment vehicle, typically organized as a limited partnership, that is not registered under the Investment Company Act of 1940, as amended (the “Investment Company Act”), and whose securities are not registered under the Securities Act of 1933, as amended (the “Securities Act”). A related person of Endeavour serves as the general partner of one or more Endeavour Funds (each, a “General Partner”). Each Endeavour Fund is governed by a limited partnership agreement or similar governing agreement (each, a “Fund Agreement”) that specifies the specific investment guidelines and investment restrictions applicable to the Endeavour Fund. In addition, the private placement memoranda or other offering materials prepared for the investors of each Endeavour Fund also contain information regarding the intended investment program for such Endeavour Fund (together with the Fund Agreement, referred to as the “Fund’s Governing Documents”). Endeavour together with the General Partners provide investment management and administrative services to the Endeavour Funds in accordance with their respective investment mandates as described in the applicable Fund Agreements and, generally, the Endeavour Funds’ private placement memoranda or other offering materials. Each General Partner retains management authority over the business and affairs, including investment decisions, of the Endeavour Funds for which it serves as general partner. The investors in the Endeavour Funds (“Investors”) are primarily “qualified purchasers” (as defined in the Investment Company Act). Prior to investing the Investors are able to negotiate the terms of the applicable Fund Agreement in connection with their investments in such fund. In certain cases, the General Partner has entered, and may in the future enter, into side letter agreements with certain Investors establishing rights under, or supplementing or altering the terms of, the applicable Fund Agreement. Once invested in an Endeavour Fund, Investors generally cannot impose additional investment guidelines or restrictions on such Endeavour Fund.

Certain Endeavour Funds may be managed as co-investment vehicles to invest on a side-by-side basis in portfolio companies with other Endeavour Funds. Participation in the co-investment vehicles may be offered to Directors, employees, or other related persons at the discretion of Endeavour. Such co- investment vehicles may or may not be subject to the fees described below in Item 5, or may be subject to different fee amounts and/or terms. Endeavour also may offer current or prospective Investors in the Endeavour Funds the opportunity to co- invest directly in specific investments. Co-investment opportunities have been, and typically will be, offered to some but not all Investors. All decisions regarding whether and to whom to offer co-investment opportunities are made in the sole discretion of Endeavour, the general partners, or their affiliates. Such co-investment opportunities will typically not be subject to management fees or carried interest (as defined below in Items 5 and 6). Endeavour’s Advisory Services Endeavour and/or the General Partners offers advice solely with respect to the investments made by the Endeavour Funds, which generally consist of private company securities, by identifying investment opportunities and participating in the acquisition, management, monitoring and disposition of investments for each Endeavour Fund. The Endeavour Funds invest primarily in private equity and debt investments in middle market companies in various industries, generally with principal places of business in the western United States and western Canada. These investments employ a variety of investment structures, including traditional acquisitions, management buyouts, spinouts, recapitalizations, minority equity investments and growth capital investments. These investments generally take the form of privately-negotiated investment instruments, including unregistered equity and debt securities of both U.S. and non-U.S. issuers. Endeavour generally provides services to each Endeavour Fund and/or its General Partner pursuant to a separate investment management agreement (each, an “Investment Management Agreement”), which sets forth the terms of the services to be provided by Endeavour. Endeavour and the General Partners tailor their advisory services to each Endeavour Fund as described in the investment mandate of the relevant Fund Agreement and, generally, such Endeavour Fund’s private placement memorandum or other offering materials. Assets Under Management As of December 31, 2023, Endeavour managed a total of $2,159,591,898 of Endeavour Fund client regulatory assets, all of which are managed on a discretionary basis.