Atalaya Risk Management Overview

AIF IV Portfolio Composition The AIF IV portfolio is broadly diversified across a wide set of underlying consumer and commercial asset classes. Peak Capital by Investment Type Point-of-Sale Installment Financing 1% Peak Capital by Sector Residential Real Estate Consumer Secured Installment Loans 6% Factoring 3% 1% Small Business Lending 7% Merchant Cash Advance 12% Credit Card Receivables 8% Other 4% Point-of- Sale Lease Financing 8% Consumer Unsecured Installment Loans 38% Consumer Unsecured Revolving Line of Credit 12% Performing Asset Purchase. Credit Facilities 80% UK 10% Peak Capital by Geography Canada 6% ATALAYA US 84% The above charts reflect the AIF IV portfolio as of 9/30/2020. Peak Capital shows the historical maximum net capital outstanding through the date shown. Due to the recycling of capital for secondary transactions, Peak Capital may be less than Cumulative Invested Capital and represents the Fund's maximum historical exposure for a particular investment. Peak Capital for any investments denominated in a foreign currency (Non-U.S. dollar denominated assets) reflects the historical maximum U.S. dollar equivalent of amounts funded to the respective investment, converted at the applicable FX spot rate on the trade date of each funding. The portfolio composition changes over time and there can be no guarantee or assurance that the portfolio composition shown above remains accurate as of the date of this presentation, or that AIF V's portfolio composition will be the same as (or even similar to) the charts depicted above. Prospective investors should note that the visual depiction above does not imply that there are any specific limitations or restrictions (whether related to asset class, asset seniority, geography or otherwise) with respect to the permitted investment activity of AIF IV. Any such limitations or restrictions are set forth in the applicable organizational and other offering materials. PRESENTATION TO RHODE ISLAND STATE INVESTMENT COMMISSION | JANUARY 2021 13

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