Vedanta Management, L.P. (the “Management Company” and, together with its affiliates, “Vedanta”) is a registered investment adviser and a Delaware limited partnership. Vedanta is a private investment management firm that provides investment supervisory services to its clients, which consist of private investment-related funds (each, a “Fund,” and collectively, together with any future private investment fund to which the Management Company and/or its affiliates provide investment advisory services, including employee and co-investment vehicles, the “Funds”). Vedanta Associates, L.P., Vedanta Partners, LLC and Vedanta CFO Associates, L.L.C. (each, a “General Partner,” and collectively, together with any future affiliated general partner entities the “General Partners,” and together with the Management Company, the “Advisers”) are affiliated with the Management Company and serve as general partner of certain of the Funds. The General Partners are registered under the Advisers Act pursuant to the Management Company’s registration in accordance with SEC guidance. The Management Company and certain other affiliates are general partners of the other Funds. The Management Company commenced operations in 2006. This Brochure generally describes the business practices of Vedanta, as a single advisory business, and investors should refer to the Governing Documents, as described below, for specific details about each Fund. The Management Company currently offers two basic investment capabilities: (1) direct private funds that typically make direct investments opportunistically primarily in vehicles across life stages (e.g., seed, early, expansion and lates stage) (the “Direct Funds”), and (2) private equity funds of funds that invest primarily in direct private funds, typically managed by other fund groups (the “Funds of Funds”). In general, the Direct Funds invest through negotiated transactions in operating entities, generally referred to herein as “portfolio companies,” predominantly in non-public companies, although investments in public companies are permitted. Where such investments consist of portfolio companies, the senior principals or other personnel of Vedanta are authorized to serve on such portfolio companies’ respective boards of directors or otherwise act to influence control over management of portfolio companies in which the Direct Funds have invested. The Management Company advises two basic types of Funds of Funds: (1) unleveraged private equity funds of funds focused mostly on venture and growth equity (each, an “Unleveraged Fund of Funds”) and (2) a leveraged private equity fund of funds (the “Leveraged Fund of Funds”). The Leveraged Fund of Funds was initially formed as a leveraged private equity global fund of funds, structured as a securitization. However, with all outstanding debt fully paid down, the Leveraged Fund of Funds now more closely resembles a traditional global private equity fund of funds in its structure. Each Fund of Funds is permitted to invest in direct funds globally across the private equity spectrum. The portfolio of each Unleveraged Fund of Funds primarily consists of U.S. venture capital and growth equity funds, but may include, without limitation, non-U.S. venture and growth equity funds as well as other types of private equity funds. The Leveraged Fund of Funds invests globally in private equity funds, including venture, buyouts and other private equity related strategies. The funds in which the Funds of Funds invest are permitted

to include Funds managed by one or more of the Advisers. The Advisers’ investment advisory services to the Funds generally consist of identifying and evaluating investment opportunities, negotiating investments, managing and monitoring investments and, with respect to Direct Funds (or for a Fund of Funds when it receives an in-kind distribution), achieving dispositions for such investments. The Advisers’ advisory services for each Fund are detailed in the relevant private placement memoranda or other offering documents (each, a “Memorandum”) and/or limited partnership or other operating agreements (each, a “Partnership Agreement”), subscription agreements (each, a “Subscription Agreement”) and, as applicable, side letters (each, a “Side Letter” and together with the Memorandum, Partnership Agreement and Subscription Agreements, the “Governing Documents”) and are further described below under “Methods of Analysis, Investment Strategies and Risk of Loss.” Investors in Funds (generally referred to herein as “investors” or “limited partners”) participate in the overall investment program for the applicable Fund, but generally in certain circumstances are excused from a particular investment due to legal, regulatory or other agreed-upon circumstances pursuant to the Governing Documents; for the avoidance of doubt, such arrangements generally do not and will not create an adviser-client relationship between the Advisers and any investor. The Funds or the Advisers have entered into Side Letters or other similar agreements with certain investors that have the effect of establishing certain rights (including economic or other terms) under, or altering or supplementing the terms of, the Governing Documents with respect to such investors. Additionally, as permitted by the Governing Documents, the Advisers reserve the right to provide (or agree to provide) certain current or prospective investors or other persons, including the Advisers’ personnel and/or certain other persons associated with the Advisers (to the extent not prohibited by the applicable Partnership Agreement), co-investment opportunities (including the opportunity to participate in co-invest vehicles) that will invest in certain portfolio companies alongside a Fund. Such co-investments typically involve investment and disposal of interests in the applicable portfolio company at the same time and on the same terms as the Fund making the investment. However, for strategic and other reasons, a co-investor or co-invest vehicle (including a co-investing Fund) purchases a portion of an investment from a Fund, which generally will have been funded through Fund investor capital contributions and/or use of a Fund credit facility. Any such purchase from a Fund by a co-investor or co-invest vehicle generally occurs shortly after the Fund’s completion of the investment to avoid any changes in valuation of the investment, but in certain instances could be well after the Fund’s initial purchase. The Advisers reserve the right to charge the co-investor or co-invest vehicle (including a co-investing Fund) interest on the purchase to compensate the relevant Fund for the holding period, and generally will be required to reimburse the relevant Fund for related costs. As of December 31, 2023, the Management Company managed approximately $387,290,712 in client assets on a discretionary basis. The Management Company’s principal owner is Vedanta Partners, LLC. Parag Saxena and Alessandro Piol are the principal owners of Vedanta Partners, LLC.