Mesirow Private Equity

1. 1 2. History of Consistent Outperformance Vintage Year IRRs as of 6/30/2021 Average outperformance of 650 basis points over the Cambridge Private Equity & Venture Capital median benchmark from 2001 to 2019 14.8% 13.6% 13.0% haban 10.3% 7.7% 7.8% 7.0% 4.8% 21.9% 2001 2002 2003 2004 7.5% 2005 11.8% 8.0% 2006 17.9% 10.1%.7% 2007 Vintage Year Gross IRRs¹,2 2008 16.8% 9.4% 12.7% 2009 18.8% ■ Mesirow Private Equity 17.7% 14.9% 2010 26.6% 14.6% 2011 22.5% 15.2% 2012 29.6% 16.9% 2013 2014 ■Cambridge Private Equity & Venture Capital 25.3% 19.9% 20.3% 29.3% 2015 Mesirow 2016 37.5% 23.2% 42.5% 21.2% 2017 27.3%7.4% 25.2% 2018 Mesirow Private Equity performance provided is net of underlying managers' fees and expenses but does not represent the net return to limited partners as it does not reflect the deduction of Mesirow Private Equity's management fees and other expenses. The returns presented in the chart above do not represent returns achieved by any particular Mesirow Private Equity fund or any investor in a Mesirow Private Equity fund. Cambridge Private Equity & Venture Capital represents the median returns for private equity and venture capital funds listed on the Cambridge Associates Benchmark Calculator as of 3/31/2021, the latest available data. Additional explanation of benchmark construction is available upon request. Unaudited returns are unlevered as of 6/30/2021. Please see "Notes on Performance Data" section and disclosure at the end of this presentation for additional important performance information. Past performance is not indicative of future results. These funds are closed to new investors. 8 MESIROW PRIVATE EQUITY TRADE SECRET, CONFIDENTIAL AND PROPRIETARY FOR INSTITUTIONAL USE ONLY 2019

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