Conversant Capital LLC (“Conversant”, the “Adviser”, the “Firm”, “we” or “our”) is a Delaware limited liability company and investment adviser with its principal place of business in Summit, New Jersey. The Firm was founded in February 2020 and registered with the SEC on November 17, 2020 as an investment adviser. The Firm was founded by Michael Simanovsky, who is the Managing Partner and Chief Investment Officer of Conversant. Mr. Simanovsky is the majority beneficial owner of and controls Conversant. Conversant is an asset manager focused on real estate and real estate-related sectors that provides investment advisory services on a discretionary basis to its clients (the “Advisory Clients” or the “Funds”), which include pooled investment vehicles that are structured as evergreen investment funds, closed-end drawdown investment funds, private special purpose vehicles and customized funds for co-investments or other special opportunities, in each case, intended for sophisticated investors that are able to bear the risk of loss. Evergreen Investment Funds:
• Conversant Opportunity Fund LP, Conversant Opportunity Offshore Fund LP and Conversant Opportunity Intermediate Fund LP are each feeder funds that invest substantially all their assets, directly or indirectly, through a single master fund, Conversant Opportunity Master Fund LP (collectively, the “Opportunity Fund”). Private Special Purpose Vehicles:
• Conversant Dallas Parkway (A) LP and Conversant Dallas Parkway (B) LP are private special purpose vehicles of the Opportunity Fund (collectively, the “Dallas Parkway Funds”);
• Conversant Impact Fund (A) LP, Conversant Impact Fund (B) LP and Conversant Impact Fund (B) Intermediate LP are private special purpose vehicles of the Opportunity Fund (collectively, the “Impact Funds”); and
• Conversant Express Fund (A) LP and Conversant Express Fund (B) LP are private special purpose vehicles of the Opportunity Fund (collectively, the “Express Funds”, and collectively with the Dallas Parkway Funds and the Impact Funds, the “Private SPVs”). Closed-End Investment Funds:

• Conversant SFR Fund LP and Conversant SFR Parallel Fund LP are standalone funds with a specialized investment strategy focused on single-family rental communities (collectively, the “SFR Funds”). The Firm acts as an investment manager to the Funds pursuant to investment management agreements. Affiliates of the Firm, (i) Conversant GP, LLC (the “SFR General Partner”) serves as general partner of the SFR Funds and (ii) Conversant GP Holdings, LLC (the “Opportunity Fund General Partner”, and together with the SFR General Partner, the “General Partners” and each a “General Partner” or the “General Partner”, as the context requires) serves as the general partner of the Opportunity Fund and the Private SPVs. Additional future Advisory Clients will be subject to investment objectives, management fees and performance-based compensation and other terms that are specific to each future Advisory Client and as set forth in the applicable governing documents of the future Advisory Client. On behalf of its Advisory Clients, the Firm invests opportunistically in real estate and real estate-related sectors across public and private markets through investments in public securities, control, and non-control positions in private equity, and acting as a capital solutions provider where we structure investments to address companies’ financing needs. In the public markets, we focus on small and mid-cap companies and industries undergoing change or transformations. In private markets, we focus on real estate operating platforms operating in highly fragmented end markets or niche real estate verticals. Our investment decisions and advice with respect to each Advisory Client will be subject to each Advisory Client’s investment objectives and guidelines, as set forth in its respective governing and offering documents. We do not currently participate in any Wrap Fee Programs. As of December 31, 2023, Conversant has $1,928,785,167 in regulatory assets under management. Conversant manages all of these assets on a discretionary basis and does not currently manage any assets on a non-discretionary basis.