Performance Equity Management, LLC

Performance Equity Management, LLC (PEM LLC) is a registered investment adviser offering discretionary and non-discretionary investment supervisory services to separate account clients and private market assets funds. The firm has been in business since June 2005 and is owned by Performance Equity Associates, LLC, with a minority interest held by Sagard Holdings Management Inc., a subsidiary of Power Corporation of Canada. PEM LLC primarily provides portfolio management services to Private Investment Funds, acting as the manager of each fund's general partner. The firm's investment strategy focuses on identifying and evaluating investment opportunities, negotiating investments, managing and monitoring investments, and achieving dispositions. PEM LLC does not tailor its services to limited partners in the Private Investment Funds, maintaining discretion over investment decisions. The firm's discretionary assets under management total $4,653,798,961, and non-discretionary assets under management amount to $4,774,560,186 as of September 30, 2024. Clients may impose restrictions on investing in certain securities or types of securities for separate account management. Fees are subject to negotiation and are generally billed quarterly in advance. PEM LLC does not participate in client-directed brokerage programs and has policies and procedures in place to ensure fair and equitable allocation of investment opportunities among clients. The firm has a Code of Ethics in place to address conflicts of interest and ensure compliance with regulatory requirements. Clients receive periodic performance reports and financial statements. The firm has procedures for proxy voting and custody arrangements through independent qualified custodians.