Northstar Capital, LLC

Northstar Company, LLC, established in 1993, specializes in providing investment management and advisory services to private investment funds focusing on junior capital investments and equity co-investments in lower middle-market companies. The firm manages private investment funds such as Northstar Mezzanine Partners V, VI, VII, VIII, and SBIC Funds. Northstar's investment strategy emphasizes safety of principal, income, and equity upside by investing in growth-oriented, niche-dominant lower middle-market companies with stable cash flows. The firm has full discretionary authority over investment decisions but provides advice in line with each Client's investment objectives. Northstar's fee structure includes Management Fees and Incentive Fees based on the fund's committed or invested capital. The firm may engage placement agents to market interests in the Clients and receives reimbursement for placement agent fees. Northstar has custody of Client assets and follows the Custody Rule by providing annual audited financial statements to Clients. The firm has a Code of Ethics in place to ensure compliance with legal and ethical standards and has procedures to address conflicts of interest. Northstar does not normally vote proxies and does not invest in publicly traded securities. The firm has not experienced any financial conditions impairing its ability to meet commitments or bankruptcy petitions in the past ten years.