SCA is wholly owned by Social Finance, Inc. (“SoFi”) which is based in San Francisco, California, and is a premium financial services platform, focused on early stage professionals.
Social Finance Inc. is a wholly owned subsidiary of SoFi Technologies, Inc., a Delaware Corporation. SoFi was founded in May 2011 by Stanford Graduate School of Business alumni to offer an innovative approach to the private student loan market by developing economic financing alternatives for graduate students to fund their education. Since its founding, SoFi has refined its lending strategy to focus on refinancing the student loans of successful, creditworthy consumers, as well as providing them with mortgage loans and unsecured personal loans. SoFi has secured capital commitments for its various loan programs from institutional investors and depository institutions. SoFi, through its affiliate SoFi Lending Corp (“SLC”), uses off-balance sheet warehouse facilities to fund loans and has completed numerous securitizations in the capital markets. SLC has also sold Private Education Loans, Personal Loans and mortgage loans to depository institutions and other institutional investors. SLC is a California corporation formed in January 2012 to originate and service student loans. SoFi and SLC are each an affiliate of SCA and will be referred to in this brochure, as appropriate, individually, or if collectively, as the “Affiliates.” SCA sponsors certain private investment funds (the “Funds”) to primarily acquire from Affiliates or on the secondary market residual interests issued in asset-backed securitizations (“Securitizations”) sponsored by its wholly owned affiliate SLC, the underlying collateral of which will consist of unsecured private credit education loans originated by SLC or unsecured consumer loans originated by SLC. Loans in the Loan Portfolios have been or will be originated and serviced by SLC.
SCA acts as the general partner of the Funds. The Funds issue limited partnership interests therein in a single class or in multiple classes and series within each class to (i) persons or entities that are treated as U.S. persons for U.S. federal income tax purposes (other than U.S.
persons generally exempt from taxation in the United States), and (ii) one or more feeder entities established by SoFi, to invest all or substantially all of its assets in one of the Funds.
The Services SCA Provides In performing its functions as an investment adviser, SCA has a fiduciary duty to its clients, the Funds.SCA will perform its obligations under each Limited Partnership Agreement with reasonable care and good faith, in a manner consistent with the standard of care exercised by prudent institutional managers of national standing in the United States. That means SCA will exercise a degree of skill and attention no less than that which SCA exercises with respect to comparable assets that SCA manages for itself and for others.
In accordance with an Limited Partnership Agreement, SCA will manage the assets in each Fund and perform certain advisory functions with respect to each Fund. This includes selecting securities for a Fund subject to the approval of the investor committee regarding the purchase and sale of Securitizations and certain administrative functions

on behalf of a Fund.
SCA is authorized to, among other things: ●Acquire Securitizations for a Fund to invest in subject to the approval by the Fund’s investor committee and consistent with the terms of the Fund’s Limited Partnership Agreement; ●Identify and evaluate the timing and method of disposition or liquidation of investments, select and determine investments to be disposed of or liquidated, and cause a Fund to dispose of or liquidate investments in accordance with the terms of the Limited Partnership Agreement; ●Engage personnel to assist SCA in providing investment advisory services, including, without limitation, counsel, consultants, accountants, investment bankers, financial advisors and sub-investment advisers; ●Open, maintain and close accounts, including custodial accounts with banks, including banks located outside the United States, and draw checks or other orders for the payment of monies; ●Incur expenditures as SCA determines to be appropriate in furtherance of the purpose of a Fund, and, to the extent that the funds of a Fund are available, pay all expenses, debts and obligations of the Fund; ●Perform management and administrative services including, without limitation: (i)Prepare and cause to be prepared reports, statements and other information for a Fund, which each Fund, in turn will deliver to the Investors; (ii)Prepare and deliver notices from a Fund to its investors; and (iii)Maintain records and accounts with respect to the Funds, including books and records of the Funds (which each Fund, in turn will deliver to its investors); ●Engage in other lending, financial advisory and service income opportunities as permitted under each Fund’s Limited Partnership Agreement; and ●Perform such other duties, activities, functions and all other similar things necessary to achieve, implement or facilitate any of the foregoing provisions in the United States as well as foreign jurisdictions.
There is no limitation or restriction on the ability of SCA or Affiliates to act as an investment manager (or in a similar role) for other persons. This and other future activities of SCA and Affiliates may give rise to conflicts of interest. See Item 10, below, for SCA’s handling of potential conflicts of interest. SCA and Affiliates serve or expect to serve as investment adviser for, invest in, or be affiliated with, other entities organized to issue securities similar to those issued by the Funds.
Termination of the Limited Partnership Agreement In general, a Fund’s Limited Partnership Agreement may be terminated by the vote of certain investor’s with voting interests or by SCA (i) as a result of any existing or future law, rule or regulation or action by a relevant legal or regulatory authority; (ii) upon 12 months’ prior written notice to the investors, or (iii) upon the bankruptcy, dissolution or similar event of SCA. If a cause event exists with respect to SCA, SCA will promptly provide each Fund’s investors with written notice of such event. Additional information can be found in each Fund’s offering documents.
Wrap fee Programs SCA does not participate in wrap fee programs.
Assets Under Management SCA has total assets under management of $7,425,515.41 as of December 31, 2022.