Tiedemann Advisors LLC

Item 5 – Fees and Compensation
The rate of the Adviser’s management fees varies depending upon factors such as, among others, the type of account,
the asset classes being managed, the amount of assets being managed and the investment strategies being employed
by the Adviser. The Adviser’s management fees are generally asset-based and calculated at an annual rate as a
percentage of the value of the assets managed by the Adviser. The asset-based fees paid to the Adviser are generally
up to 0.85% per annum of the assets managed by the Adviser and payable quarterly in arrears or in advance, although
management fees can vary and may be payable more or less frequently within the discretion of the Adviser. The
Adviser also has charged and may continue to charge a flat or minimum management fee on a quarterly basis in
advance or in arrears that may exceed 0.85% per annum of the assets managed by the Adviser. Fees generally are
payable directly to the Firm or automatically debited from Client’s custodian account, as determined by the Client.
The amount of the management fee is typically pro-rated for periods of less than a full billing period.

The Adviser’s management fees are exclusive of any fees and/or expenses charged by third parties. Such third-party
fees and/or expenses may include custodial fees, brokerage commissions, transaction fees, third party investment
management fees, odd-lot differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and taxes
on brokerage accounts and securities transactions. Mutual funds, exchange traded funds and private investment funds
(e.g., private equity and hedge funds) are subject to their own respective expenses and also charge management fees,
which are disclosed in the respective investment offering documentation. In addition, private investment funds not
advised by the Adviser may charge performance-based fees. While the Adviser does not charge an additional
management fee on Client assets invested in the Funds or allocated to affiliated advisers, further information regarding
other fees, costs and expenses incurred by Funds and shared by Clients can be found in the respective Fund’s offering
documents. Such fees, costs and expenses are exclusive of and in addition to the management fee paid to the Adviser
described in the above paragraph. Tiedemann does not receive any portion of these fees, costs or expenses.

Item 7 – Types of Clients
A description of Tiedemann’s Clients is provided above in Item 4 – Advisory Business. With respect to Funds,
investment advice is provided to the Fund, as applicable, and not individually to each of the investors in the Funds.

Investors in the Funds must generally be “accredited investors” as that term is defined in Rule 501 of Regulation D of
the Securities Act of 1933 and “qualified purchasers” within the meaning of Section 2(a)(51) and Rule 2a51-1 under
the Investment Company Act of 1940.

The investment minimums and investor eligibility requirements relating to investments in Funds are stated in the
respective Fund’s offering materials. The Adviser and/or the respective Fund’s general partner have the discretion to
waive or modify the investment minimums.