Assured Healthcare Partners LLC

Item 5 – Fees and Compensation

A. Describe how you are compensated for your advisory services. Provide your fee schedule. Disclose
whether the fees are negotiable.

AHP is compensated for its advisory services generally through a management fee charged to its Fund
Clients. Such management fees are typically payable by the Fund Client in advance on a quarterly basis
and are calculated as a percentage (typically 1.25% to 2% per annum) of (i) capital commitments or (ii) the
cost of portfolio investments (subject to write-down), depending on the Fund Client’s stage in the
investment and harvest cycle. AHP receives performance compensation based on internal rate of return
calculations by reference to distributions made to investors in Fund Clients, subject to various hurdles.

Depending on the characteristics of the Fund Client, fees may be higher or lower and may be subject to
various reductions and offsets, in each case, as set forth in each Fund Client’s offering documents. AHP
reserves the right to waive some or all fees for certain investors in Fund Clients, including for current or
former employees of, or investors who are affiliated with, AHP. Except as described in the following
paragraph, the management fee and performance compensation for Fund Clients are generally not
negotiable.

As explained above in Item 4, AHP enters into Side Letters with certain Fund Client investors, typically
those with the largest aggregate investments in Fund Clients, whereby such investors are granted favorable
rights not granted to other investors in the Fund Client including, among other things, rights to receive
reduced rates of performance compensation and/or management fees earned by AHP or its affiliate.

Management fees are payable without regard to the overall success or income earned by Fund Clients and
therefore may create an incentive on the part of AHP to raise or otherwise increase assets under management
to a higher level than would be the case if AHP were receiving a lower or no management fee.

Other fees payable by investors in Fund Clients are described below.

Fund Client investors and prospective investors in Fund Clients should refer to the private placement
memorandum, offering circular or other offering documents of the respective Fund Client for detailed
information with respect to the fees associated with such Fund Client. The information contained herein is
a summary only and is qualified in its entirety by such documents.

B. Describe whether you deduct fees from clients’ assets or bill clients for fees incurred. If clients may
select either method, disclose this fact. Explain how often you bill clients or deduct your fees.

AHP deducts fees (or directs the payment of fees) from Fund Clients’ assets. Management fees are generally
paid by Fund Clients to AHP pursuant to a management agreement between the parties.

Performance compensation may be deducted from Fund Client assets and allocated to an affiliate of AHP
pursuant to the governing documents of the Fund Client or paid directly out of Fund Client assets to an
affiliate of AHP pursuant to a management agreement between the parties and/or the governing fund
documents of Fund Clients.

Management fees are generally paid by Fund Clients monthly or quarterly in arrears or in advance.
Performance compensation is generally payable at the end of each year or other pre-defined period, at the
time distributions are made to an investor and/or at the time an investor withdraws or redeems, as the case
may be, from a Fund Client, in each case, as set forth in the governing fund documents of Fund Clients.

Management fees and performance compensation may be (and have been) waived or modified in the sole
discretion of AHP and/or its affiliates, including for investors who are affiliated with AHP.

Fund Client investors and prospective investors in Fund Clients should refer to the private placement
memorandum, offering circular or other offering documents of the respective Fund Client for detailed
information with respect to how fees are paid with respect to their assets. The information contained herein
is a summary only and is qualified in its entirety by such documents.

C. Describe any other types of fees or expenses clients may pay in connection with your advisory
services, such as custodian fees or mutual fund expenses. Disclose that clients will incur brokerage
and other transaction costs, and direct clients to the section(s) of your brochure that discuss
brokerage.

AHP’s fees are exclusive of Fund Clients’ own organizational (which generally are amortized over a period
of time, as set forth in the offering documents of each applicable Fund Client), operating and other expenses
including, without limitation: indemnification expenses; organizational expenses of a Fund Client ’s general
partner; expenses of an anchor investor subject to a cap; commissions; clearing fees; fees, interest and other
costs on margin accounts, subscription facilities or other financings or re-financings; any taxes and duties
payable in any jurisdiction in connection with the operation of Fund Clients and any investment vehicles
thereof; accounting and legal fees and disbursements (including legal fees related to the acquisition, protection
and distribution of the Fund Clients’ investments and counterparty negotiation and documentation following
commencement of trading operations); accounting, audit and tax preparation expenses; trustee, rating agency
and administrator fees and expenses; investment-related expenses, including research, subscriptions,
quotation services and data feeds; borrowing charges on securities sold short; custodial fees; bank service
fees; third party servicing agents; expenses in connection with transactions directed to broker-dealers in part
in recognition of investment research and information furnished or expenses for services rendered by broker-
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Types of Clients

AHP provides investment advisory services to pooled investment vehicles operating as private investment
funds.

Minimum Investment Amount

There is currently no minimum initial investment amount for investors in Fund Clients. Generally, investors
in Fund Clients must meet the definition of “qualified purchaser” under the Investment Company Act of
1940 (the “Company Act”).