Industry Capital Advisors LLC

Item 5 – Fees and Compensation
IC and its affiliates provide investment advice to accredited investors, trusts, estates, public and
corporate pension plans, and charitable organizations. Fund management is provided on a
continuing basis and includes the allocation of assets only as it pertains to investments in real
assets. This selection of specific real assets provides proper diversification and assists in
meeting clients’ stated investment objectives in this particular asset class.

The fee schedule is fixed, based on the investment vehicle which IC manages:

Investment Vehicle                                          Est. Annualized Fee

Industry Capital RE Partners, LLC                                   2.0%

         and Berkeley Capital Advisers, LLC
Industry Capital Resorts I, LP                                      2.0%
Industry Capital Real Assets II, LLC                                2.0%

Industry Capital Energy Credit Partners, LP                         2.0%

Industry Capital Latin America Opportunities
                                                                    2.0%
Fund I, LP

IC Berkeley Partners IV, LP                                         2.0%

IC Berkeley Partners Industrial Income Fund
                                                                    2.0%
I, LP

Central Colo , LLC                                                   N/A

IC Mexico Limited Partners                                          2.0%

The various funds’ limited partners pay IC and its advisor affiliates a management fee and
carried interest, after a preferred return, for its fund management. Fund management fees are
calculated by multiplying capital committed, by the relevant percent, and dividing such product
by four, and some cases two for semi-annual billing, and are paid in advance on the first
business day in January, April, July and October, or semi-annually in January and July.

Older vintage funds such as Industry Capital Resorts I, LP pay IC and its advisor affiliates a
management fee calculated by multiplying net asset value by the relevant percent, on an annual
basis.

Item 7 – Types of Clients
IC provides real assets fund management services to accredited high net worth individuals,
corporate and public pension and profit-sharing plans, trusts, estates charitable institutions,
foundations and endowments. IC provides private equity fund management in co-mingled
limited partnerships consistent with industry practices and standards. IC generally requires
minimum limited partnership capital commitments of $5.0 million, which may be altered at the
discretion of IC’s partners.