affiliates balance reflected on the consolidated statement of assets, liabilities and members' equity represents payables to the Offshore Fund and the TE Fund for outstanding past advances. The payables are evidenced by amended and restated promissory notes dated as of December 5, 2008 between the Fund and

visor that is affiliated with the entities that are to be the new investment advisor of the Funds and the new managing member of the Domestic Fund, the TE Fund and the Asia Pacific Fund ("FIG"). Fortress VRF I LLC, a Fortress affiliated limited liability company newly formed to be the new managing member