Castle Harlan, Inc.

Castle Harlan, Inc. is a private equity investment management firm founded in 1987 with offices in New York and Palm Beach. The firm, controlled by principal owner John K. Castle, provides investment management services to private pooled investment vehicles focusing on middle market companies with strong market positions and growth prospects. The firm exercises pricing discipline and an operationally-focused approach to increase enterprise value post-acquisition. Branford Castle Partners, L.P., founded in 2015, also focuses on lower middle market companies. The firm's investment strategy aims to create value through experienced leadership, deal sourcing capabilities, and operational value-add. Investment decisions are based on rigorous due diligence processes and sector expertise. The firms have discretionary investment authority and monitor portfolio companies regularly. Castle Harlan and Branford Castle receive Management Fees ranging from 1.5% to 2.0% of capital commitments. Performance-based Carried Interest up to 20% is earned after a hurdle rate of return is achieved. The firms do not participate in wrap fee programs and have no disciplinary events. Castle Harlan has advanced cash to principals but remains financially sound. The Advisers exercise voting authority over client securities and have custody of client funds. The firms have no financial conditions affecting contractual commitments. The Advisers have a Code of Ethics and Proxy voting policies in place. Clients receive regular financial reports and audited statements. The Advisers do not receive compensation for client referrals and do not engage in principal transactions. The firms have no other financial industry activities or affiliations.