As of December 31, 2023, CAM’s regulatory assets under management were approximately $42.5 billion, all of which are managed on a basis. CAM, founded in 2015, is a majority-owned indirect subsidiary of Nuveen, LLC (“Nuveen”), the investment management division of Teachers Insurance and Annuity Association of America (“TIAA”). TIAA is a stock life insurance company organized under New York law that operates without profit by the terms of its charter. CAM manages investments across the capital structure of middle market private equity firms and their portfolio companies. Specifically, CAM provides investment advice and investment management services with respect to first lien senior secured loans (including unitranche loans) (“senior loans”), second lien, junior secured or unsecured mezzanine debt and hybrid capital instruments (“junior capital”), as well as equity co-investments, private equity fund commitments and secondary market investments in private equity fund interests (“private equity”). Senior loans and junior capital investments are made principally to private U.S. middle market companies whose typical profile is consistent with below-investment-grade debt ratings categories and that are, in most cases, controlled by private equity investment firms. Senior loans typically pay interest at rates that are determined periodically on the basis of a floating base lending rate, such as the Secured Overnight Financing Rate (“SOFR”), plus an additional margin and/or original issue discount. “Unitranche” loans are senior loans that typically have a first lien on all assets of the borrower but have leverage levels comparable to a combination of first lien and second lien or subordinated loans. Investments rated below investment grade are often referred to as “leveraged loans,” “high yield” securities or “junk bonds,” and may be considered high risk compared to debt instruments that are rated above investment grade. Junior capital investments are subordinated or junior secured debt instruments, predominantly comprised of current-pay debt securities (but may also include certain types of non-cash

pay or pay-in-kind securities). Junior capital investments are often made alongside private equity sponsors, typically in middle market companies. Such investments often include structural protections and stable contractual returns with upside potential that compare favorably to other fixed income investments. Private equity investments are made in funds or other investment vehicles controlled and/or managed by a diverse network of unaffiliated third-party private equity fund sponsors. Underlying fund strategies include junior debt and credit strategies, buyout strategies, venture capital and growth equity strategies. Equity co-investments are made principally alongside private equity sponsors in middle market companies, with a target on growth- oriented businesses with a broad industry focus. CAM has full discretionary authority with respect to the investment decisions of its clients, unless otherwise specifically specified by the client. All such investment advice is provided in accordance with the investment objectives and guidelines set forth in each client’s offering memoranda, prospectus or other relevant offering document or constituent documents (collectively, “Operative Documents”). Investment decisions and advice with respect to separately managed accounts will be provided in accordance with the investment objectives and guidelines set forth in the relevant investment management agreement, as well as any other instructions or restrictions that the client may provide. Prior to June 30, 2023, certain clients of CAM were sub-advisory clients of Nuveen Alternatives Advisors LLC (“NAA”) and Churchill DLC Advisor LLC, which are both affiliates of CAM and indirect subsidiaries of Nuveen, LLC. On June 30, 2023, the advisory relationships for those clients of CAM that were sub-advisory clients of NAA were transferred and assigned to CAM, such that CAM thereafter became the primary adviser to such clients. As of December 31, 2023, CAM acts as primary adviser to all of its clients, other than Nuveen Churchill Direct Lending Corp., for which CAM acts as sub-adviser to Churchill DLC Advisor LLC.