Leo Fund Services LLC

Item 5 Fees & Compensation
Fees

Administrative Services Fees
LFS provides administrative services to LCO in exchange for 30% of the carried interest and 30% of
the management fees associated with certain investors in LUSCOF. LFS is entitled to receive 25 - 50%
of the management fee received by LIM associated with investors in Niagara Credit Income Fund.

Management Fees
LFMGT provides management and investment advisory services to LeoGroup Private Investment
Access, LLC ("LGPIA" or the "Fund") in exchange for a standard management fee equal to 2% of net
contributed capital. Management fees are charged quarterly, in arrears, and pro-rated for capital
activity during the quarter. LFMGT is also eligible to earn performance fees (generally 20%) on exits.
Management and performance fees are negotiated on a series-by-series basis for investments held by
LGPIA and may be waived at the General Partner's discretion. Employees and affiliates of LFS are not
charged a management fee.

LFMGT provides investment advisory services to LCRED US Advisors, LLC ("LCRED" or the "Fund")
in exchange for a standard management fee equal to 1.25% of net assets. Management fees are
charged quarterly, in arrears, and pro-rated for capital activity during the quarter. Employees and
affiliates of LFS are not charged a management fee.

LFMGT provides investment advisory services to LHedge US Advisors, LLC ("LHEDGE" or the
"Fund") in exchange for a standard management fee equal to 1.25% of net assets. Management fees
are charged quarterly, in arrears, and pro-rated for capital activity during the quarter. Employees and
affiliates of LFS are not charged a management fee.

Fees and expenses described above can be found in the fund offering documents.

Item 7 Types of Clients
LFS provides administrative, management, and investment advisory services to private funds.