1888 is organized as a Delaware limited liability company and was formed in 2020. 1888 is wholly owned by 1888 Management, LLC (“1888 Management”). 1888 serves as an investment adviser and provides discretionary investment management and advisory services to high-net-worth individuals, family offices, trusts, charitable organizations, nonprofit entities, and corporate entities (together “SMAs”), and privately offered investment vehicles for which it is the non-member manager (each such fund, a “Fund,” and collectively, the “Funds”). The SMAs and Funds are clients of 1888 (“Clients”). Each Client invests (directly or indirectly through a Fund) in a group of funds managed by third party or affiliated managers (such funds the “Portfolio Funds” and such managers the “Fund Managers”). The investment management services provided by 1888 to its Clients include: (i) development and implementation of investment strategies, including asset allocation strategies; (ii) identification and sourcing of investment opportunities; (iii) analysis and assessment of investment opportunities; (iv) execution and acquisition of investments; (v) monitoring of investments; and (vi) disposition of investments. The SMA Clients generally invest in one or more of the Funds, which collectively pursue the following strategies:
• Holds cash and cash equivalent instruments, including short-duration fixed income securities, money market funds, commercial paper, US Treasury securities, US Agency securities, certificates of deposit, municipal bonds, asset-backed securities, supranational securities, foreign government securities, and quasi-sovereign securities.
• Seeks to meet or exceed the total return of the S&P 500 Index on a risk adjusted basis over five-year periods by investing in a portable alpha strategy. The Funds hold Portfolio Funds that invest in hedge fund, trend following, tactical risk parity, momentum, global

systematic macro, and equity beta strategies.
• Invests in private equity and private real estate investments, either through Portfolio Funds or direct investments into private company securities, general partner ownerships, or real estate.
• Certain investments in the 1888 portfolio are held directly by individual Clients, rather than by one of the Funds (such investments, the “Direct Investments”). In most cases, these Direct Investments were selected by the Clients and 1888 was directed to monitor and report the performance of these investments. In other cases, Direct Investments were legacy investments made directly into Client accounts prior to the formation of the Funds and are now directed and monitored by the 1888 investment team. In all cases, Direct Investments are included in Client reporting. 1888 advises the Funds in accordance with the terms of the applicable Fund’s governing documents (the “Governing Documents”). All terms applicable to a Fund are generally established at or around the time of the formation of such Fund and are only terminable as set forth in such Fund’s Governing Documents. The descriptions set forth in this Brochure of specific advisory services that 1888 offers to the Funds, and investment strategies pursued, and investments made by 1888 on behalf of the Funds, should not be understood to limit in any way 1888’s investment activities. 1888 may offer any advisory services, engage in any investment strategy and make any investment, including any service, strategy or investment not described in this Brochure, that 1888 considers appropriate, provided that Fund investments are subject to each Fund’s investment objectives and guidelines and as set forth in each Fund’s Governing Documents. 1888 does not currently participate in any wrap fee programs. As of December 31, 2023, 1888 has discretionary regulatory assets under management of approximately $5,903,565,233.