Karlov Street Manager, LLC

Karlov Street Capital, LLC, a Delaware limited liability company founded in 2015, specializes in private placements across real estate, growth equity, private equity, and lending investments. The firm, exempt from registration under the Investment Company Act, provides discretionary investment advisory services to investment vehicles structured as limited liability companies and private funds. Karlov primarily identifies underlying private equity or fund managers for its clients, which are pooled investment vehicles. The firm charges management fees ranging from 0.5% to 1% per annum, administrative fees of 0.25%, and a one-time contribution fee of 1%. Additionally, Karlov may receive performance-based carried interest of 10% to 30% based on the client's performance. The firm manages approximately $234,376,962 of regulatory assets on a discretionary basis as of the filing date. Karlov operates as a fiduciary, with Chief Compliance Officer Jacob Shapiro overseeing compliance. The firm does not participate in wrap fee programs and does not have any disciplinary events to disclose. Karlov has investment discretion over client accounts and has adopted a Code of Ethics to ensure ethical conduct and conflict management. The firm does not utilize third-party marketers or solicitors and complies with custody rules by having each client audited annually by an independent accounting firm. Karlov provides audited financial statements to investors within 120-180 days of the fiscal year-end, depending on the client type.