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Investor Presentaiton

6 CONFIDENTIAL I}} Organizational Chart Investment Adviser Scott Conners President, Managing Director Investment Committee Mark Phillip Managing Director Head of BD & IR Andreas Münderlein Managing Director Investment Committee Mike Carrano Managing Director Investment Committee Stacey Gillespie Chief Compliance Officer *via ACA Group Jordan Schneeberger Operations & Finance Charlie Finnegan Vice President Tommy Beard Senior Associate Fund Board of Trustees and Officers Fund Advisory Board Marek Herchel Jason Gull Shoshana Vernick Scott Conners Michael Moskow Avy Stein Eric Craige Stout Becker W. Walter Green Trent Statczar Chief Financial Officer *via ACA Group Andrew Jones Chief Compliance Officer *via ACA Group BEFORE INVESTING YOU SHOULD CAREFULLY CONSIDER THE FUND'S INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES. THIS AND OTHER INFORMATION IS IN THE PROSPECTUS, A COPY OF WHICH MAY BE OBTAINED FROM FLOWSTONE PARTNERS AT 312-429-2488. PLEASE READ THE PROSPECTUS CAREFULLY BEFORE YOU INVEST. The Shares are speculative and illiquid securities involving substantial risk of loss. An investment in the Fund is appropriate only for those investors who do not require a liquid investment, for whom an investment in the Fund does not constitute a complete investment program, and who fully understand and can assume the risks of an investment in the Fund. Investors should carefully review and consider potential risks before investing. The Fund has been organized as a non-diversified, closed-end management investment company and designed primarily for long- term investors. An investor should not invest in the Fund if the investor needs a liquid investment. The Fund could experience fluctuations in its performance due to several factors. As a result of these factors, results for any previous period should not be relied upon as being indicative of performance in future periods. Distribution services provided by UMB Distribution Services, LLC.
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