JASPER RIDGE PARTNERS, L.P.

Jasper Ridge Partners is a wealth advisor and asset management firm providing tailored advisory services. As of December 31, 2024, we managed approximately $40,116,659,292, of which $39,566,649,649 was on a discretionary basis and $550,009,643 was on a non-discretionary basis.

We provide advisory services to individuals and institutions in one of three ways:

First, we manage assets on a discretionary basis through investment vehicles, typically limited partnerships, organized for each investor (the Private Investment Vehicles). These Private Investment Vehicles may be created for individuals or institutions and are essentially separate accounts.

Second, we manage nine privately offered pooled investment vehicles (collectively the Pooled Funds): Jasper Ridge Diversified, L.P. (JRD), Jasper Ridge Diversified (Tax Exempt), L.P. (JRD TE), Jasper Ridge Private Opportunities, L.P. (JRPO), Jasper Ridge Private Opportunities TS, L.P. (JRPO TS), Jasper Ridge Private Opportunities II, L.P. (JRPO II), Jasper Ridge Private Opportunities II TE, L.P. (JRPO II TE), Jasper Ridge Private Opportunities II Offshore, L.P. (JRPO II Offshore), Jasper Ridge Private Investments, L.P. (JRPI), and Jasper Ridge Private Investments (TE), L.P. (JRPI TE). JRD, JRD TE, JRPI, and JRPI TE are open-end funds. JRD, JRD TE, JRPI, and JRPI TE are open to new and existing investors. JRPO, JRPO TS, JRPO II, JRPO II TE, and JRPO II Offshore are closed-end funds which are past their offering and investment period. Our investment professionals have ownership interests in the general partnerships that manage the Pooled Funds. Jasper Ridge Partners is the investment adviser to the Pooled Funds.

Third, we help individuals manage their overall wealth by managing their liquid portfolios and administering their illiquid portfolios. We provide this service in conjunction with investments in our Pooled Funds, with the overall goal of maximizing expected returns on a risk and liquidity adjusted basis. In connection with those services, we also assist in developing and implementing estate and philanthropic plans.

The Private Investment Vehicles, Pooled Funds, and individuals for whom we manage their overall wealth, are collectively referred to as Clients.

Neither the Private Investment Vehicles nor the Pooled Funds are registered under the U.S. Securities Act of 1933 or the U.S. Investment Company Act of 1940. Owners of the Private Investment Vehicles and investors in the Pooled Funds must satisfy the applicable eligibility and suitability requirements of a Qualified Purchaser (as defined in Section 2(a)(51)(A) of the Investment Company Act of 1940).

Depending on a Clients objectives, we may invest in a broad mix of U.S. and foreign securities and financial instruments, in both traditional and alternative asset classes. We invest in the following: pooled vehicles (hedge funds, private equity funds, venture capital funds, mutual funds, and exchange-traded funds) purchased either in primary or secondary transactions, public equities, fixed income securities, cash equivalent instruments, currencies, real assets, natural resources, private equity and co-investments in private equity, private debt, sponsors or general partners of private investment funds, options, futures, warrants, derivatives, swaps/forwards, and commodities, among other public and private instruments. We also engage in hedging transactions, including foreign currency hedging, and use leverage.

Jasper Ridge Partners is independently owned and managed. Its partners control Jasper Ridge Partners operations through several intermediary entities.

Jasper Ridge Partners is controlled by Jasper Ridge Genpar, LLC, which in turn is owned by JRP Manager Holdings, L.P. JRP Manager Holdings, L.P. is controlled by JRP Manager Professionals, L.P., which is ultimately controlled by Jasper Ridge Partners partners. Jasper Ridge Partners capital flows to JRP GP Holdings, L.P. and JRP Manager Holdings, L.P., whose ownership is divided among Jasper Ridge Partners partners and professionals, as well as certain other third parties.