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ty Brokerage Services LLC and National Financial Services LLC (collectively, referred to as "Fidelity") pursuant to which the iCapital compensates Fidelity for providing certain administrative services in respect of investors who custody their investment in one or more iCapital Funds with Fidelity. T
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
ty Brokerage Services LLC and National Financial Services LLC (collectively, referred to as "Fidelity") pursuant to which the iCapital compensates Fidelity for providing certain administrative services in respect of investors who custody their investment in one or more iCapital Funds with Fidelity. T
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
ty Brokerage Services LLC and National Financial Services LLC (collectively, referred to as "Fidelity") pursuant to which the iCapital compensates Fidelity for providing certain administrative services in respect of investors who custody their investment in one or more iCapital Funds with Fidelity. T
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
ty Brokerage Services LLC and National Financial Services LLC (collectively, referred to as "Fidelity") pursuant to which the iCapital compensates Fidelity for providing certain administrative services in respect of investors who custody their investment in one or more iCapital Funds with Fidelity. T
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
ty Brokerage Services LLC and National Financial Services LLC (collectively, referred to as "Fidelity") pursuant to which the iCapital compensates Fidelity for providing certain administrative services in respect of investors who custody their investment in one or more iCapital Funds with Fidelity. T
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 Fidelity and Distribution for iCapital Network

Credit Suisse
ORGANIZATIONiCapital
ORGANIZATIONNational Financial Services
ORGANIZATION
North America
LOCATIONEileen Duff Blalock
PERSONEileen Alexanderson
PERSON
Michael Shannon
PERSONiCapital Network
ORGANIZATION
Stanton
PERSON
University of Delaware
ORGANIZATIONthe Securities and Exchange Commission
ORGANIZATION
Virginia Giuffre
PERSON
New York
LOCATION
BlackRock
ORGANIZATIONthe Investment Committee
ORGANIZATIONInvesco
ORGANIZATIONFir Tree Partners
ORGANIZATIONPREA and NCREIF
ORGANIZATIONDaniel Vene
PERSONThis Brochure Supplement
ORGANIZATION