Capital Creek Partners LLC

Item 5 – Fees and Compensation

Managed Account Advisory Fees
CCP charges an investment management fee (“Managed Account Management Fee”), generally equal to
a percentage of managed assets, ranging from 0.25% to 1.00%. Fees are generally lower for Managed
Account Clients with higher amounts of assets under management and have been negotiated depending
on several factors unique to each Managed Account Client, including the Managed Account Client’s needs,
nature and complexity of the services required, and types of assets. Certain Managed Account Clients
have negotiated alternative fee structures, which include flat fees, tiered fees, fees based on committed
or invested capital and/or performance fees, which is described in more detail in the following section.
Managed Account Management Fees and expenses applicable to each Managed Account Client are set
forth in detail in Client investment management agreements.

In accordance with each investment management agreement, fees are deducted directly from Client
custodial accounts or invoiced. Fees are typically charged quarterly in arrears, based on the average
month-end net asset brokerage account value or net asset capital statement value balance during the
prior quarter. To the extent a Client terminates the advisory relationship, the Client will be charged the
pro-rata amount of fees rendered to the point of termination.

Client investments in unregistered private fund investments may consist of both redeemable (e.g., hedge
funds) and nonredeemable interests (e.g., private equity funds, direct private placements, or real estate
joint ventures). Fees paid by the Clients are based on valuations of underlying investments as reported by
the third-party managers and/or private funds, and in accordance with the terms and conditions of the
respective governing agreement of the investment vehicle. Valuations are typically recorded at the net
asset value reported by the private fund manager/sponsor, which generally equals the Client’s
proportional share of net asset value reported by the sponsor of the private fund. The frequency of
valuations may vary, particularly for unregistered non-redeemable private funds, which may be reported
on a quarterly basis. In such situations, CCP will roll forward the most recently available valuations for fee
billing purposes, taking into consideration factors such as, fund specific redemption restrictions, related
capital account transactions, events that occurred during the quarter, and current market conditions
which may affect the value of specific investment. As further disclosed in Item 8 below, there is a risk
when relying on third party managers to value investments that are not readily marketable. Additionally,
there is a risk that the time lag between valuation date and when CCP receives the valuations could
negatively (or favorably) affect management fees that CCP invoices. To mitigate this risk, CCP has
implemented operational due diligence policies and procedures that, among other things, assess third-
party managers’ valuation policies.

Private Fund Investment Management Fees
The General Partner receives an investment management fee from each Private Fund (“Private Fund
Management Fee”) that is payable quarterly in advance, and as further described in the applicable Fund
Governing Documents. Private Fund Management Fees range from 0.50% to 1.00% based on committed
capital during the investment period. Thereafter, the Private Fund Management Fee is calculated off
invested capital. The Private Fund Management Fee may be reduced or waived at the discretion of the
General Partner.

Access Fund Investment Management Fees
Each Series offers three sub-series (“Sub-Series”) of interests: “Sub-Series A,” “Sub-Series B” and “Sub
Series C.” The Sub-Series participate in the same portfolio of assets of the relevant Series but have
different Management Fees. The General Partner receives an investment management fee from each
series in the Access Funds (“Access Fund Management Fee”) that is payable quarterly in advance, and as
further described in the applicable Access Fund Governing Documents. Management fees for Sub-Series
A interests are 1%, Sub-Series B .5% and Sub-Series C .25% based on capital commitments to the
respective Series interests until either the 3rd anniversary of the initial closing date of the fund or net
asset value attributable to the respective Series, thereafter. Access Fund Management Fees may be
reduced or waived at the discretion of the General Partner.

For Managed Account Clients that invest in the CCP Funds, the Firm deducts the respective CCP Fund
Management Fee from the Managed Account Management Fee calculation to avoid “double fees.” To the
extent a Managed Account Client’s commitment into a CCP Fund does not qualify for an investment
management fee rate at or below the Managed Accounts’ investment management agreement stated
rate, the Firm will reduce or waive a portion of such Managed Account Management Fee. For example, if
a Managed Account Client invests in a CCP Fund, the Managed Account Client would pay the CCP Fund
Management Fee quarterly in advance pursuant to the respective CCP Fund governing documents, and
the Managed Account Management Fee would be paid in arrears pursuant to the investment
management agreement. However, CCP will then deduct the respective CCP Fund Management Fee from
the Managed Account Client’s fee calculation to avoid double billing.

When taking into consideration the life of the Portfolio Fund investments, the Firm believes that it can be
beneficial from an overall management fee perspective for Managed Account Clients to invest through
the CCP Funds because the CCP Funds do not calculate management fees based on unrealized net asset
valuations. As example, when CCP Funds appreciate in excess of CCP Fund level fees and expenses (CCP
Fund expenses are discussed in more detail below), the investor fee basis remains based on committed
...

Item 7 – Types of Clients

CCP provides wealth management services primarily to ultra-high net worth individuals and their families,
including related entities such as family limited partnerships and limited liability companies, trusts and
foundations. The Firm does not have a stated minimum to open an account, however Clients typically
have at least $50 million of investable assets under management.

The Firm also offers investment advisory services to private pooled investment vehicles. Details
concerning the CCP Funds’ investment criteria are set forth in the Governing Documents. Minimum
investment commitment required to invest in the CCP Funds range from no minimum to $250,000, and
the General Partner may reduce or waive any commitment minimums in its sole discretion.