Radian Capital LLC

Item 5: Fees and Compensation

Radian’s fees and compensation are fully described in the Funds’ Offering Documents. Pursuant
to the Offering Documents, Radian receives a management fee during the investment period
payable at the maximum rate of 2% per annum on each limited partner’s subscription amount,
pro-rated for partial quarters; following the investment period, Radian will receive a management
fee payable at a rate of 2% per annum based on each limited partner’s pro rata cost of all portfolio
investments held by the Fund, excluding any portfolio investment that has been permanently
written down to zero by Radian, pro-rated for partial quarters. Radian deducts management fees
directly from the Fund’s assets, quarterly in advance. In general, the proration of management
fees is calculated based on the number of days remaining in the applicable quarter, and it would
be Radian’s policy to refund management fees on a prorated basis upon the termination of
Radian’s investment management agreement with the Funds.

Radian renders its services to the Funds at its own expense, including its overhead expenses such
as salaries and fringe benefits of its personnel, rent, office equipment, newspapers and other mass-
market periodicals, computer equipment, data processing, utilities of any office space maintained,
office supplies, secretarial services, and any other overhead-type expenses.

All other expenses are borne by the Funds, including operating expenses such as organizational
expenses, placement fees, liquidation expenses, sales or other taxes, fees or government charges
which may be assessed against the Funds, property taxes on investments, recording, stamp, or
transfer taxes, legal, audit, consulting, administrative and other fees and expenses, broken deal
expenses, expenses of members of the advisory committee, expenses for software,
subscriptions, and other databases for purposes of sourcing and monitoring expenses, the
costs and expenses of hosting annual and special meetings for the Funds, attending conferences,
and marketing expenses for trade associations, all expenses incurred in connection with the
securing of lending and other financing, principal and interest on all permitted borrowings made
by the Funds, and expenses related to the negotiation and

Radian Capital, LLC                                                             Form ADV Part 2A

documentation of agreements with one or more lenders, litigation expenses, and other types
of expenses as outlined in the applicable Fund’s governing documents.

Item 7: Types of Clients

Radian provides discretionary investment advice to the Funds. Radian may advise additional
private funds in the future. Investors in the Funds are generally institutional investors and high net
worth individuals that qualify as “accredited investors” (as defined in Rule 501 under the Securities
Act) and “qualified purchasers” (as defined under the 1940 Act). The minimum initial investment
in the Funds is outlined in the Funds Offering Documents; however, Radian maintains discretion
to accept less than the minimum investment threshold.