ADVISORY BUSINESS A. Describe your advisory firm, including how long you have been in business. Identify your principal owner(s). Thackeray Partners, L. P. (the “Adviser” or “Thackeray”) is a Delaware limited partnership. Thackeray commenced operations in January 2005 and has its office in Dallas, Texas. Thackeray was originally founded by Anthony W. Dona and Mary M. Hager (the “Founders”) who were the managing partners and principal owners of Thackeray from its inception in 2005 until the sale of Thackeray to Greystar Real Estate Partners, LLC (“GREP”) on May 14, 2021. The Founders continue to serve as Co-Chief Executive Officers of Thackeray with responsibility for the management, operations and investment decisions made by Thackeray. Thackeray specializes in providing advice for real estate investments. In particular, Thackeray serves as the investment adviser to certain pooled investment vehicles investing in real estate namely, Thackeray Partners Realty Fund IV, L.P. (“Fund IV”) and Thackeray Partners Realty Fund V, L.P. (“Fund V”), both organized under the laws of Delaware (collectively the “Funds”). TPRF IV GP, L.L.C, a Delaware limited liability company, is the general partner to Fund IV; and TPRF V GP, L.L.C., a Delaware limited liability company, is the general partner to Fund V (collectively, the “General Partners”). Effective October 31, 2020, GREP acquired a minority, non-controlling 45% interest in Thackeray, along with an option to purchase the remaining interest in Thackeray, subject to receiving the necessary consents and approvals required from the limited partners in the Funds and/or the advisory committees of the Funds in accordance with the Funds’ governing documents and the Advisers Act. On April 5, 2021, GREP exercised its option to purchase the remaining interest in Thackeray. The sale officially closed on May 14, 2021 and Thackeray is now a wholly-owned subsidiary of GREP. B. Describe the types of advisory services you offer. If you hold yourself out as specializing in a particular type of advisory service, such as financial planning, quantitative analysis, or market timing, explain the nature of that service in greater detail. If you provide investment advice only with respect to limited types of investments, explain the type of investment advice you offer, and disclose that your advice is limited to those types of investments. Thackeray provides investment advisory services pursuant to the terms of the investment strategy and philosophy described in each Fund’s private placement memorandum (“PPM”) including, without limitation, investing directly or indirectly, in a diversified pool of real estate assets consisting primarily of apartments and warehouses, and engaging in such other permissible activities, advisable or incidental to these investments. Investors in the Funds should be able to bear a substantial loss of capital. There can be no assurance that the investment strategy will be achieved. C. Explain whether (and, if so, how) you tailor your advisory services to the

individual needs of clients. Explain whether clients may impose restrictions on investing in certain securities or types of securities. Thackeray does not tailor its advisory services, investment objectives, or strategies for individual fund investors. The clients of Thackeray are the Funds and not the underlying investors in the Funds. The Funds, as Thackeray’s clients, may impose restrictions on Thackeray with respect to investing in certain types of real estate, but investors in the Funds are not permitted to restrict a Fund’s investments. For more detailed information regarding each Fund’s investment strategy and restrictions refer to the Fund’s offering memorandum. Each of the Funds has entered into agreements (“Side Letters”) with one or more of their investors, whereby in consideration for agreeing to invest certain amounts in a Fund and/or other consideration deemed sufficiently material, such investors may be granted more favorable rights than the rights granted by the terms of the governing documents of the Fund. Such rights may include, among others, rights to receive reports from the Fund on a more frequent basis or reports that include additional information and rights to transfer limited partnership interests to affiliates that are less restricted than the rights of transfer granted under the governing documents. Some of these Side Letters also contain certain investment restrictions mandating that certain investments of the Funds will not exceed a certain percentage of aggregate commitments. However, any benefits agreed to in a Side Letter with a particular investor are extended to all investors in the Funds by virtue of each Fund’s governing documents, so that no investor is treated preferentially. D. If you participate in wrap fee programs by providing portfolio management services, (1) describe the differences, if any, between how you manage wrap fee accounts and how you manage other accounts, and (2) explain that you receive a portion of the wrap fee for your services. Thackeray does not participate in wrap fee programs. E. If you manage client assets, disclose the amount of client assets you manage on a discretionary basis and the amount of client assets you manage on a non-discretionary basis. Disclose the date “as of” which you calculated the amounts. Thackeray regulatory assets under management on a discretionary basis (“RAUM”) are estimated at $413.2 million as of December 31, 2023. Thackeray does not manage any assets on a non- discretionary basis. Note: Your method for computing the amount of “client assets you manage” can be different from the method for computing “regulatory assets under management” required for Item 5.F in Part 1A. However, if you choose to use a different method to compute “client assets you manage,” you must keep documentation describing the method you use. The amount you disclose may be rounded to the nearest $100,000. Your “as of” date must not be more than 90 days before the date you last updated your brochure in response to this Item 4.E.