A. Description of Advisory Firm Deep Field Asset Management, a Delaware limited liability company (“DFAM”), was organized in September 2014 and is managed and controlled by Jordan Moelis. Mr. Moelis is the Founder, Managing Partner, and principal owner of DFAM. Prior to its effective registration with the SEC, DFAM operated as an exempt reporting adviser under the Investment Advisers Act of 1940 (“Advisers Act”) Rule 203(m)-1. Through the appropriate investment agreements or contracts, DFAM has exclusive control over the management and operation of certain pooled-investment vehicles (“Fund(s)”), including authority to manage investments, admit and expel investors, and terminate a Fund. DFAM, in its discretion, may retain one or more sub-advisers to manage any or all of a Fund’s investments, provided that any fees payable to any such sub-adviser are payable by DFAM or its affiliates. The Fund investors will not participate to any extent in the management of a Fund. In addition to the Funds, DFAM may also provide discretionary portfolio management services to separate account clients as further detailed throughout the Brochure (together with the Fund(s), “Clients”). B. Types of Advisory Services Pooled Investment Vehicle Management DFAM provides advice to pooled-investment vehicles based on the investment objectives and strategies outlined in each Fund’s confidential offering memorandum (the “Memorandum”), and pursuant to the terms in each Fund’s Limited Partnership Agreement or applicable operating documents (“Governing Documents”). DFAM currently advises the Funds identified within Form ADV Part 1A, Section 7.B(1), and may provide advice to other Funds or separately managed accounts in the future. DFAM or a related affiliate acts as the “General Partner” or Investment Manager to its Funds. DFAM is authorized to carry out investments on behalf of the Funds in a variety of sectors and through transactions that it deems appropriate under the terms of the relevant Memorandum and Governing Documents, including but not limited to public equities and credit securities, swaps, options, other derivatives, rights, warrants, private securities, non-U.S. securities, bonds, notes, bills, participating and convertible debt instruments, and ETFs. DFAM directs short selling and hedging transactions on behalf of the Funds and may direct the Funds to engage in margin trading and other investment strategies as outlined in the applicable Memorandum. An investment in a pooled-investment vehicle does not, in and of itself, create a client-adviser relationship between any underlying investor in the Fund (an “Investor”) and DFAM. Shares or interests in the DFAM Funds are not registered under

the U.S. Securities Act of 1933, as amended (the “Securities Act”), and the Fund is not registered under the Investment Company Act of 1940, as amended (the “Investment Company Act”). Accordingly, interests or shares in the DFAM Funds are offered and sold exclusively to prospective Investors satisfying applicable eligibility and suitability requirements as outlined in the relevant Governing Documents. Separate Account Management DFAM may provide investment management for separate account clients. Investment management services include the provision of portfolio recommendations, with potential industry specific focuses and individually negotiated mandate between DFAM and the separate account clients. DFAM will exercise discretionary authority to carry out the agreed upon investment strategies with a long-term, controlled-risk perspective and disciplined approach. C. Client Objectives and Restrictions DFAM has wide latitude to act upon any investment strategy of the Funds or to change any investment strategy to achieve the investment objective of the Funds without obtaining the consent of the Investors. Prospective Investors should carefully read the Fund’s Memorandum and Governing Documents and consult with their own counsel and advisers as to all matters concerning an investment in the Fund. DFAM has the authority to extend certain rights and privileges to certain Investors which are not available to other Investors (including without limitation, transparency rights, reporting rights, capacity rights, approval rights and certain other protections and the right to receive certain special allocations) and may, in its discretion, elect to accommodate certain investment restrictions applicable to certain Investors due to legal, regulatory or tax considerations. Typically, such rights, privileges or accommodations will be contained within side letters which are negotiated prior to an investment in a Fund. Separate account clients will coordinate the individualized investment strategies with DFAM upon inception of the advisory relationship, governed by the applicable Investment Management Agreement or equivalent contract. Individually negotiated strategies will allow for a wider variety of separate account client restrictions or limitations. Notwithstanding, such separate account arrangements would generally afford DFAM generous flexibility when it comes to managing the portfolio. D. Wrap Fee Program DFAM does not participate in wrap fee programs. E. Regulatory Assets Under Management As of December 31, 2022, DFAM managed the following in regulatory assets under management:
• Discretionary: $154,328,472
• Non-Discretionary: $0