Firm Description AltaRock Partners, LLC (“AltaRock”) is a Delaware limited liability company that was founded in 2002 and is based in Beverly, Massachusetts. Mark T. Massey is the founder of AltaRock and is its principal owner and sole controller. Advisory Services AltaRock provides portfolio management and investment advisory services on a discretionary basis to privately offered pooled investment vehicles exempt from registration under the Investment Company Act of 1940, as amended (the “1940 Act”), and the regulations promulgated thereunder (each a “Fund” and, collectively, the “Funds”). Interests in each Fund are offered only to qualified investors satisfying the applicable eligibility and suitability requirements (typically institutional investors and eligible high-net- worth individuals). The relationship between AltaRock and each Fund is governed by the Advisers Act, as well as the governing documents of each Fund, including the terms of investment advisory agreements executed between AltaRock and each Fund. AltaRock also serves as the general partner to one of the Funds, which is organized as a Delaware limited partnership (the “U.S. Fund”) and an unaffiliated third party serves as such to the other Fund, which is organized as a Cayman Islands exempted limited partnership. The primary investment objective of AltaRock is to achieve superior long-term capital growth while seeking to minimize the risk of loss through investment in the equity securities of a limited group of businesses AltaRock judges to be undervalued. Although the Funds are typically invested in equity securities, AltaRock may use other types of investments to achieve its objective, as detailed in each Fund’s offering memoranda. AltaRock’s investment philosophy, context, and process, including portfolio construction is more fully disclosed in Item 8 – Methods of Analysis, Investment Strategies and Risk of Loss of this Brochure. Tailored Advisory Services AltaRock’s investment advisory services consist of, but are not limited to, managing each Fund’s portfolio of investments, including sourcing, selecting, and determining investments in each Fund, monitoring investments by each Fund and executing transactions

on behalf of each Fund in accordance with the investment objectives, policies and guidelines set forth in each respective Fund’s governing documents. Accordingly, AltaRock’s investment advisory services to the Funds is not tailored to the individualized needs or objectives of any particular Fund investor. An investment in a Fund does not, in and of itself, create an advisory relationship between the investor and AltaRock. Investors are not permitted to impose restrictions or limitations on the management of any Fund. AltaRock or another authorized party may enter into side letter agreements or arrangements with one or more investors in a Fund that alter, modify, or change the terms of the interests held by such investors. Prospective clients and prospective client investors must consider whether a particular AltaRock advisory relationship is appropriate for their own circumstances based on all relevant factors including, but not limited to, the prospective client’s own investment objectives, liquidity requirements, tax situation and risk tolerance. Prospective clients are strongly encouraged to undertake appropriate due diligence including, but not limited to, a review of governing documents relating to the proposed investment program for the Fund and to investigate additional details about AltaRock’s investment strategies, methods of analysis and related risks, before making an investment decision or committing to a service provided by AltaRock. All discussion of the Funds in this Brochure, including but not limited to its investments, the strategies used in managing the Funds, and conflicts of interest faced by AltaRock in connection with the management of the Funds are qualified in their entirety by reference to the respective Fund’s governing documents. Wrap Fee Programs AltaRock does not participate in or sponsor any wrap fee programs. Regulatory Assets Under Management As of December 31, 2021, AltaRock managed approximately $3,278,366,000 of advisory assets, all on a discretionary basis. Regulatory assets under management are generally an adviser’s gross assets, i.e., assets under management without deduction for outstanding indebtedness or other accrued but unpaid liabilities.