A. Firm Description Nassau Alternative Investments LLC, a Delaware limited liability company (the “Firm”), was founded in October 2018, and commenced operations in July 2019. The Firm has a principal place of business in New York, New York. The Firm is a wholly-owned subsidiary of Nassau Asset Management LLC, a Delaware limited liability company (“NAM”), which is itself a wholly-owned subsidiary of Nassau Financial Group, L.P., a Cayman Islands exempted limited partnership (“Nassau Group”). Nassau Group is a subsidiary of GGCOF Nassau Investments, L.P., a Cayman Islands exempted limited partnership and wholly-owned subsidiary of Nassau NAMCO Splitter, L.P., a Cayman Islands exempted limited partnership (“NAM Splitter”). NAM Splitter is owned and controlled by certain private investment funds sponsored and managed by Golden Gate Private Equity, Inc. NAM was founded by Phillip J. Gass and Kostas Cheliotis in 2015. Ravi Srinivasan serves as the Managing Director and Portfolio Manager of the Firm. B. Types of Advisory Services The Firm provides investment advisory services (i) as an investment manager for pooled investment vehicle that are collateralized fund obligation issuers (collectively, the “CFOs”) and (ii) directly and indirectly through a subadvisory agreement with NAM, both on discretionary and nondiscretionary bases, to institutions, including insurance companies, with which the Firm and NAM are affiliated. As of the date of this Form ADV Part 2A firm brochure, the Firm serves as the investment manager for each of the following CFOs:  Nassau 2019 CFO LLC (together with its wholly-owned special purpose vehicle, Nassau 2019 CFO Fund LLC, “CFO 2019”); and  Nassau CFO 2022 CFO LLC (together with its wholly-owned special purpose vehicle, Nassau CFO 2022 Fund LLC, “CFO 2020” and, together with CFO 2019, the “Nassau CFOs”). In addition, the Firm serves as the manager of Nassau Employee Co-Investment Fund II LLC (the “Internal SPV” and, together with similar entities formed in the future, the “Internal SPVs”), which is a special purpose vehicle through which personnel of the Firm and certain of its affiliates invest in certain investment vehicles managed by the Firm and/or

its affiliates, together with other investments. The Firm may also, in the future, provide additional types of investment advisory services or may provide services to additional types of clients. The CFOs and other investment advisory clients for which the Firm performs investment advisory services are expected to invest primarily in private investment fund interests, private placements and related assets. C. Availability of Customized Services Each CFO is or will be managed based on its objectives, which are be specified in the relevant offering materials and/or investment advisory agreements. Investment advisory services provided to the Firm’s affiliates are specified in the investment advisory agreement with NAM. Management services provided to the Internal SPVs are specified in the governing documents and offering materials for each such Internal SPV. In connection with managed accounts and CFOs having a limited number of investors, the Firm may 3 March 29, 2024 in some cases agree to tailor advisory services to the individual needs of the managed account owner or investors in such CFOs. The offering documents for each CFO will describe the terms and conditions of the CFO, including fees and risk factors, and should be read carefully prior to investment. No offer to sell interests in the CFOs is made by the descriptions in this brochure, and CFOs are available only to investors that are properly qualified. While much of this brochure applies to all of the Firm’s clients, certain information included herein applies to specific clients only. Thus, it is crucial for any client, prospective client, CFO investor, prospective CFO investor, Internal SPV investor or prospective Internal SPV investor to closely review the applicable investment advisory agreement, offering document, organizational agreement or other governing documents with respect to, among other things, the terms, conditions and risks of investing. D. Wrap Fee Programs The Firm does not participate in wrap fee programs. E. Assets Under Management As of December 31, 2023, the Firm managed approximately $1,231,977,124, of which amount approximately $774,967,629 was managed on a discretionary basis and approximately $457,009,495 was managed on a non-discretionary basis.