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ent the assets of any clients for which it (or one of its affiliates) serves as general partner. Institutional Capital Network. Inc., the parent of iCapital, is owned by various persons, including certain management persons and employees of iCapital. none of which own 25% or more of the corporation. Mi
t an Investor withdraws or is withdrawn other than at the end of a calendar quarter, and the Investor prepaid the Finds with 930(2017 values are as Colton Private Equity Select Master Trust I. Private Equity Global Select Master Fund. Private Equity Global Select Master Fund It Private Equity Global Select Master fund M. Pe
ent the assets of any clients for which it (or one of its affiliates) serves as general partner. Institutional Capital Network. Inc., the parent of iCapital, is owned by various persons, including certain management persons and employees of iCapital. none of which own 25% or more of the corporation. Mi
nt an Investor withdraws or is withdrawn other than at the end of a calendar quarter, and the Investor prepaid the Finds with 9302017 values are as Colton Private Equity Select Master Trust I. Private Equity Global Select Master Fund. Private Equity Global Select Master Fund It Private Equity Global Select Master Fund M. Pr
ent the assets of any clients for which it (or one of its affiliates) serves as general partner. Institutional Capital Network. Inc., the parent of iCapital, is owned by various persons, including certain management persons and employees of iCapital. none of which own 25% or more of the corporation. Mi
nt an Investor withdraws or is withdrawn other than at the end of a calendar quarter, and the Investor prepaid the Finds with 9302017 values are as Colton Private Equity Select Master Trust I. Private Equity Global Select Master Fund. Private Equity Global Select Master Fund It Private Equity Global Select Master Fund M. Pr
ent the assets of any clients for which it (or one of its affiliates) serves as general partner. Institutional Capital Network. Inc., the parent of iCapital, is owned by various persons, including certain management persons and employees of iCapital. none of which own 25% or more of the corporation. Mi
nt an Investor withdraws or is withdrawn other than at the end of a calendar quarter, and the Investor prepaid the Finds with 9302017 values are as Colton Private Equity Select Master Trust I. Private Equity Global Select Master Fund. Private Equity Global Select Master Fund It Private Equity Global Select Master Fund M. Pr
ent the assets of any clients for which it (or one of its affiliates) serves as general partner. Institutional Capital Network. Inc., the parent of iCapital, is owned by various persons, including certain management persons and employees of iCapital. none of which own 25% or more of the corporation. Mi
nt an Investor withdraws or is withdrawn other than at the end of a calendar quarter, and the Investor prepaid the Finds with 9302017 values are as Colton Private Equity Select Master Trust I. Private Equity Global Select Master Fund. Private Equity Global Select Master Fund It Private Equity Global Select Master Fund M. Pr
ent the assets of any clients for which it (or one of its affiliates) serves as general partner. Institutional Capital Network. Inc., the parent of iCapital, is owned by various persons, including certain management persons and employees of iCapital. none of which own 25% or more of the corporation. Mi
t an Investor withdraws or is withdrawn other than at the end of a calendar quarter, and the Investor prepaid the Finds with 930/2017 values are as Colton Private Equity Select Master Trust I. Private Equity Global Select Master Fund. Private Equity Global Select Master Fund It Private Equity Global Select Master fund M. Pr
ent the assets of any clients for which it (or one of its affiliates) serves as general partner. Institutional Capital Network. Inc., the parent of iCapital, is owned by various persons, including certain management persons and employees of iCapital. none of which own 25% or more of the corporation. Mi
nt an Investor withdraws or is withdrawn other than at the end of a calendar quarter, and the Investor prepaid the Finds with 9302017 values are as Colton Private Equity Select Master Trust I. Private Equity Global Select Master Fund. Private Equity Global Select Master Fund It Private Equity Global Select Master Fund M. :h
ent the assets of any clients for which it (or one of its affiliates) serves as general partner. Institutional Capital Network. Inc., the parent of iCapital, is owned by various persons, including certain management persons and employees of iCapital. none of which own 25% or more of the corporation. Mi
nt an Investor withdraws or is withdrawn other than at the end of a calendar quarter, and the Investor prepaid the Finds with 9302017 values are as Colton Private Equity Select Master Trust I. Private Equity Global Select Master Fund. Private Equity Global Select Master Fund It Private Equity Global Select Master Fund M. Pr
ent the assets of any clients for which it (or one of its affiliates) serves as general partner. Institutional Capital Network. Inc., the parent of iCapital, is owned by various persons, including certain management persons and employees of iCapital. none of which own 25% or more of the corporation. Mi
nt an Investor withdraws or is withdrawn other than at the end of a calendar quarter, and the Investor prepaid the Finds with 9302017 values are as Colton Private Equity Select Master Trust I. Private Equity Global Select Master Fund. Private Equity Global Select Master Fund It Private Equity Global Select Master Fund M. Pr
Entities connected to both iCapital and Colton Private Equity Select

Michael Shannon
PERSONthe Direct Investment Funds
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