Forum Capital Advisors LLC

Forum Capital Advisors LLC (FCA) is an SEC-registered investment adviser specializing in commercial real estate-backed debt investments. Established in Denver, Colorado, FCA offers discretionary investment management services to registered closed-end investment companies and private investment funds. FCA focuses on identifying debt investment opportunities throughout market cycles, providing an alternative to traditional fixed-income investments. As of December 31, 2022, FCA managed approximately $109,221,103 of regulatory assets on a discretionary basis. For the Registered Fund, FCA charges a management fee of 1.50% of the Fund's average daily net assets. Private Funds pay an annual management fee based on the limited partner's capital commitment. FCA may receive a Carried Interest from Private Funds, aligning its interests with potential profits. FCA's employees invest in the Funds, subject to the firm's Code of Ethics and personal securities transaction policies. FCA's investment strategy aims to generate attractive risk-adjusted returns while managing debt-like risks. The firm conducts periodic reviews of client accounts and complies with regulatory requirements, including custody rules and proxy voting responsibilities. FCA has no disciplinary information to disclose and maintains a Code of Ethics to ensure ethical conduct. The firm does not engage in soft dollar arrangements and has no financial conditions impairing its commitments to clients.