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r of asset managers have invested in Institutional Capital Network, Inc., the parent company of iCapital, including affiliates of BlackRock, Inc. ("BlackRock") and Credit Suisse Group AG ("Credit Suisse"). iCapital may offer products managed or sponsored by such investors as BlackRock and Credit Suisse
Background and Business Experience Ms. Blalock is a member of iCapital Advisor's investment committee. Ms. Blalock is Managing Partner and Head of Distribution for iCapital Network where she is responsible for sales, relationship management and investor relations supporting the RIA, broker-dealer, private banking and family o
r of asset managers have invested in Institutional Capital Network, Inc., the parent company of iCapital, including affiliates of BlackRock, Inc. ("BlackRock") and Credit Suisse Group AG ("Credit Suisse"). iCapital may offer products managed or sponsored by such investors as BlackRock and Credit Suisse
Background and Business Experience Ms. Blalock is a member of iCapital Advisor's investment committee. Ms. Blalock is Managing Partner and Head of Distribution for iCapital Network where she is responsible for sales, relationship management and investor relations supporting the RIA, broker-dealer, private banking and family o
r of asset managers have invested in Institutional Capital Network, Inc., the parent company of iCapital, including affiliates of BlackRock, Inc. ("BlackRock") and Credit Suisse Group AG ("Credit Suisse"). iCapital may offer products managed or sponsored by such investors as BlackRock and Credit Suisse
Background and Business Experience Ms. Blalock is a member of iCapital Advisor's investment committee. Ms. Blalock is Managing Partner and Head of Distribution for iCapital Network where she is responsible for sales, relationship management and investor relations supporting the RIA, broker-dealer, private banking and family o
r of asset managers have invested in Institutional Capital Network, Inc., the parent company of iCapital, including affiliates of BlackRock, Inc. ("BlackRock") and Credit Suisse Group AG ("Credit Suisse"). iCapital may offer products managed or sponsored by such investors as BlackRock and Credit Suisse
Background and Business Experience Ms. Blalock is a member of iCapital Advisor's investment committee. Ms. Blalock is Managing Partner and Head of Distribution for iCapital Network where she is responsible for sales, relationship management and investor relations supporting the RIA, broker-dealer, private banking and family o
r of asset managers have invested in Institutional Capital Network, Inc., the parent company of iCapital, including affiliates of BlackRock, Inc. ("BlackRock") and Credit Suisse Group AG ("Credit Suisse"). iCapital may offer products managed or sponsored by such investors as BlackRock and Credit Suisse
Background and Business Experience Ms. Blalock is a member of iCapital Advisor's investment committee. Ms. Blalock is Managing Partner and Head of Distribution for iCapital Network where she is responsible for sales, relationship management and investor relations supporting the RIA, broker-dealer, private banking and family o
Entities connected to both BlackRock and Distribution for iCapital Network

Credit Suisse
ORGANIZATIONiCapital
ORGANIZATIONBlackRock, Inc.
ORGANIZATION
North America
LOCATIONBNY Capital Corporation
ORGANIZATIONGroup AG
ORGANIZATIONUBS Financial Services Inc
ORGANIZATIONEileen Alexanderson
PERSONiCapital Network
ORGANIZATION
Stanton
PERSONEileen Duff Blalock
PERSON
University of Delaware
ORGANIZATION
Michael Shannon
PERSON
Fidelity
ORGANIZATION
New York
LOCATIONthe Securities and Exchange Commission
ORGANIZATIONPREA and NCREIF
ORGANIZATIONDaniel Vene
PERSONThis Brochure Supplement
ORGANIZATIONthe iCapital Advisors
ORGANIZATION