Description of Advisory Firm Clutterbuck Capital Management LLC (“Clutterbuck,” “we,” “our,” or “us”) is a Delaware limited liability company headquartered in Cleveland, Ohio. It was founded by Robert Clutterbuck in March 2006. In April 2006, Clutterbuck started operating as an investment adviser registered with the U.S. Securities and Exchange Commission (the “SEC”). CF Managers LLC (“CFM”) is the sole owner and managing member of Clutterbuck, and Robert Clutterbuck is the indirect owner of a majority interest in CFM. Advisory Services Offered Clutterbuck provides continuous and regular investment management services on a discretionary basis to private investment funds, which we have organized or for which we are a sub-adviser, and to individually managed accounts. The funds are available only to "qualified investors" and only by a private offering memorandum. Under the rules of the Securities and Exchange Commission, investors are considered "qualified" if they meet certain minimum net worth and/or income requirements. For information about net worth and/or income requirements, see Item 10 – Other Financial Industry Activities and Affiliations below. This Form ADV Part 2A Brochure is not an offer to sell, or a solicitation of an offer to purchase, partnership interests in any fund. Such an offer can only occur when the prospective investor receives the offering documents. For information about our discretionary authority, see Item 16 - Investment Discretion below. We describe the Fees charged for investment supervisory services below under Item 5 - Fees and Compensation. Tailored Services The private investment funds

are managed according to the investment objectives of each fund. As funds are pooled investment vehicles, investors in the funds may not impose restrictions on investing in certain securities or types of securities in the funds. However, investors may be permitted to make certain requests for special or preferential accommodations. These requests are typically in the form of “side letters” which are agreements between the individual fund investor and the fund. Side letters may include, among other things, requiring the fund’s managers to invest a certain amount of their own personal assets in the fund, negotiating a minimum return before performance fee allocation applies, liquidity preferences, preferential redemption, and most favored nation status (meaning that the investor automatically gets any favorable terms granted to any investors). On a limited basis, Clutterbuck advises individually managed accounts. Managed accounts are advised based on the individual’s circumstances and financial situation. Clients with individually managed accounts may request restrictions for such accounts, such as when a client needs to keep a minimum level of cash in the account or does not want Clutterbuck to buy or sell certain specific securities or security types in the account. Clutterbuck reserves the right to not accept and/or to terminate management of a client’s account if it feels the client-imposed restrictions would limit or prevent Clutterbuck from meeting or maintaining the client’s investment strategy. Assets Under Management As of December 31, 2023, Clutterbuck’s discretionary assets under management were $144,645,751. Clutterbuck has no non-discretionary assets under management.