Fairview Capital Partners LLC

Item 5 – Fees and Compensation

Investment Advisory Services

The specific manner in which management fees are charged to the Funds is established in
the Limited Partnership Agreement for each Fund. Each Fund’s management fee structure
is negotiated between the Advisers and the Investors prior to each Fund’s commencement.
The management fees are charged on a quarterly basis, payable in advance of each calendar
quarter and paid directly out of each Fund’s assets or paid directly from the Investor. In
the event of an account termination, in accordance with the Funds’ Limited Partnership
Agreements, the management fee will be refunded on a pro-rata basis.

Because Fairview is an SEC-registered investment adviser, and the Relying Advisers are
eligible to be registered with the SEC, and this Brochure is delivered only to “qualified
purchasers” as defined in section 2(a)(51)(A) of the Investment Company Act of 1940, the
Advisers are not required to provide a fee schedule.

Since the Funds are structured as fund-of-funds, in addition to the Advisers’ management
fees, the Funds also pay their share of fees and operating expenses charged by the
underlying investment funds as well as brokerage commissions, custodian fees, and/or
other related costs and expenses incurred by the Funds and the Investors. The Advisers do
not receive any portion of the aforementioned fees and charges. Please consult Item 12 for
further information about the Funds’ use of brokers.

All fees are negotiated on a client-by-client basis and are generally payable quarterly in
advance. Any partial period will be prorated for the number of days of service provided.
Clients are invoiced for fees.

Item 7 – Types of Clients

The Advisers provide investment advisory services to twenty-six (26) Funds, all of which
are Delaware limited partnerships. Investors in the Funds are “accredited investors” as
defined in the 1933 Act, including state pension plans, corporate ERISA plans, foundations
and high net worth individuals. Each Fund consists of either a single Investor or multiple
Investors.

In general, for the Funds in which there is only one Investor, the minimum investment
commitment required of an Investor to participate in the Fund is negotiated by the Investor
and the Adviser. For Funds with more than one Investor, the minimum investment
commitment required of an Investor to participate in the Funds is $5 million. However, the
Adviser of each multiple investor Fund has discretion to increase or reduce the minimum
investment commitment.