Class VI-Capital Partners LP

Item 5: Fees and Compensation

The Firm is generally paid by the Fund, as of the beginning of each calendar quarter, in advance,
a management fee at the rate of between nine-tenths of one percent (0.90%) and one and one-
half percent (1.5%) per annum, depending on the specific Fund and investor share class. Please
refer to the specific Fund’s offering documents for a full explanation of Fund fees and expenses.

For SMA Clients, management fees are established for each investor on a case-by-case basis,
and paid quarterly in advance.

    A. Management fees are not generally negotiable by investors in the Fund. With respect to
       an SMA Client, management fees may be negotiable depending on the size of such Client’s
       proposed allocation. Class VI may also elect to waive or reduce any management fees
       payable by an investor in the Fund (in limited instances). Except as set forth below,
       management fees are typically non-refundable once paid.

    B. In addition to paying investment management fees and performance-based
       compensation, the Fund and SMAs may also be subject to other investment expenses
       such as brokerage fees, commissions and interest expense. Additional fees may include
       legal, accounting and consulting expenses, auditing and tax preparation expenses, news,
       quotation and computer equipment and services, dues and subscriptions, expenses
       incurred for research and investment information related purposes, for Fund investors
       expenses relating to the offer and sale of limited partnership interests and other expenses
       related to the Fund. Please also review the offering and related documents of the Fund
       for a description of the fees and expenses associated with an investment therein. See
       also Item 12 for a discussion of brokerage fees paid by the Fund and SMA accounts.

    C. If an investor in the Fund invests other than as of the beginning of the quarter or an
       investor in the Fund makes an addition to its investment during a quarter the investment
       management fee will be charged as of the effective date of the investment and will be
       prorated for the number of months remaining in the quarter. In the event of a withdrawal
       by an investor in the Fund other than as of the last day of a calendar quarter, a pro rata
       portion of the management fee, based upon the actual number of days remaining in such
       quarter, will be repaid by the Investment Manager to the Fund for the benefit of such
       withdrawing investor.

    D. Neither Class VI nor any of its supervised persons accepts compensation for the sale of
       securities or other investment products, including asset-based sales charges or service
       fees from the sale of mutual funds.

Item 7: Types of Clients

As described in Item 4, the Firm’s Clients currently consist of private Funds and an SMA. For the
Fund, Investors must contribute a minimum of $250,000 (which may be waived or reduced in
the Fund’s discretion) on a case by case basis. Investor minimums for SMAs are negotiated
directly with each investor.