Blueprint Capital Advisors LLC

Item 5.           Fees and Compensation

Each Fund, Series or client will generally be subject to the payment of: (i) a management fee (the
“Fund Management Fee”) to Blueprint; (ii) an investment advisory fee (the “Sub-Advisory Fee”)
paid by each Sub-Fund or vehicle to the Sub-Advisor of the relevant Sub-Fund; and (iii) a
Performance Allocation (the “Performance Allocation”), in each case as further described in the
applicable Sub-Fund supplement or relevant disclosure documentation

The Management Fee is generally a percentage per annum of the value of the client’s assets under
management and does not include a performance-based fee or share of the profits of the assets’
performance. The Management Fees may vary among the Series and among clients.

In addition to the Management Fees that may be deducted from an investor’s assets, each investor
in the Funds also pays its pro rata portion of the ongoing investment and operating expenses of
the Fund. These expenses typically include: management and performance fees charged by Sub-
Advisors, legal and regulatory expenses including but not limited to certain legal and regulatory
expenses that may arise as the result of the Fund assets, including but not strictly limited to
expenses that pertain to the SEC registration of Blueprint that arises as the result of the Fund’s
assets and any filings and ongoing support thereof; administration; custody; outsourced middle
office and managed account services; insurance; audit and accounting expenses; and other
expenses. Some of our vehicles are also subject to certain pass-through expenses from Sub-
Advisors, including but not limited to, interest and short-term borrowing expenses; currency
hedging; brokerage commissions; and clearing and settlement charges. The expenses of operating
the Fund (including the fees payable to us and other service providers) may exceed the Fund’s
income, thereby requiring that the difference be paid out of the Fund’s capital, reducing the value
of the Fund’s investments and potential for profitability.

Unless otherwise determined by the General Partner, all expenses of Blueprint CAP attributable to
a specific Series shall be allocated to such Series. All expenses of Blueprint CAP not directly
attributable to a specific Series shall be allocated pro rata across all Series to which such expenses
pertain based on their respective net asset values. The General Partner, in respect of Blueprint CAP,
and each managing member in respect of the applicable Sub-Fund, will bear the expenses of its
personnel and overhead required to perform its duties with respect to Blueprint CAP or Sub-Fund,
as applicable, (including salaries, benefits, and rent).

  Regulatory assets under management attributable to certain public pension plan assets contain contractual negative
consent provisions related to investments made in the Fund. Blueprint has the ongoing responsibility for due diligence
on Fund investments, and execution, monitoring and maintenance of the Fund investments.

The General Partner may waive, reduce or rebate the Management Fee with respect to any investor,
either in whole, or in part. In addition, Blueprint may enter into side letters with certain investors
granting them preferential fee terms.

For any client that Blueprint executes an investment management or advisory agreement with,
other than Blueprint CAP, the method of payment of fees may vary from above and would be
determined by the terms of the investment management or advisory agreement with the respective
client.

Item 7.        Types of Clients

Blueprint provides investment management services for the Funds and discretionary and non-
discretionary investment advisory services to other clients. Blueprint may also manage other
private funds in the future. Investment advice is provided directly to the Fund and not individually
to investors in the Fund. The Fund’s governing documents and subscription documents provide
the eligibility criteria and minimum investment requirements of the Fund.

Most Blueprint investors are expected to be pension plans or other institutions, which include
insurance companies, banks, corporations, government entities, charitable organizations, Taft
Hartley plans, foundations and endowments (including those benefiting universities and colleges),
and other business entities. However, Blueprint may also accept individuals, family office entities,
and others who qualify to invest and for whom the investment is generally suitable.

Each investor in Blueprint CAP or Parkview must generally be an “accredited investor” as defined
in Regulation D under the Securities Act of 1933. Each investor in Blueprint CAP must also be
either a “qualified purchaser” as defined in the Investment Company Act of 1940 or a
“knowledgeable employee” as defined in the regulations thereunder. Blueprint CAP imposes other
eligibility requirements in addition to those discussed above, such as minimum initial investment
threshold of $50,000,000, or as specified in the relevant Series supplement, subject to the right of
the General Partner to accept smaller capital contributions in its discretion.