Connecticut Fund Risk Overview

Fortress Lending Fund lil of Connecticut Use Only FORTRESS Biographies | Chief Investment Officers Drew McKnight is a Managing Partner of the Fortress Credit Funds Business. Mr. McKnight heads the liquid strategies and serves on the investment committee for the Credit Funds and is a member of the Management Committee of Fortress. Mr. McKnight is also the Co-CIO of the Drawbridge Special Opportunities Fund, the Fortress Lending Funds and Fortress Credit Opportunities Funds. Prior to joining Fortress in February 2005, Mr. McKnight was the trader for Fir Tree Partners where he was responsible for analyzing and trading high yield and convertible bonds, bank debt, derivatives and equities for the value-based hedge fund. Prior to Fir Tree, Mr. McKnight worked at Goldman, Sachs & Co. in Leveraged Finance and the Distressed Bank Debt trading group. Mr. McKnight serves on the Board for the Center for Politics at the University of Virginia and on the Board of Advisors for SMU's Cox School of Business Alternative Asset Management Center. In addition, Mr. McKnight is a member of the Council on Foreign Relations. Mr. McKnight received a B.A. in Economics from the University of Virginia. Joshua Pack is a Managing Partner of the Fortress Credit Funds Business. Mr. Pack heads the illiquid strategies and serves on the investment committee for the Credit Funds and is a member of the Management Committee of Fortress. Mr. Pack is also the Co-CIO of the Drawbridge Special Opportunities Fund, the Fortress Lending Funds, the Fortress Credit Opportunities Funds and the Fortress Net Lease Income Fund. Mr. Pack has over 25 years of credit investment and workout experience through multiple credit cycles. Since joining the Credit Funds Business at its inception in 2002, Mr. Pack has analyzed, structured and negotiated hundreds of lending, structured equity and real estate transactions. Prior to joining Fortress, Mr. Pack was a Vice President with Wells Fargo & Co. in the capital markets group. Before that, Mr. Pack was a Vice President with American Commercial Capital, an independent specialty finance company focused on corporate and real estate lending to middle market businesses that was subsequently acquired by Wells Fargo in 2001. Mr. Pack serves as a Director on multiple corporate and philanthropic Boards. Mr. Pack attended the United States Air Force Academy and received a B.A. in Economics from California State University, San Marcos. Dominick Ruggiero is a Managing Director of the Fortress Credit Funds Business and is Co-CIO of the Fortress Lending Funds and co- heads the Specialty Finance Group. Mr. Ruggiero was the Co-CIO of the Fortress Secured Lending Fund, a dedicated specialty finance fund that has successfully concluded. Prior to joining Fortress in 2006, Mr. Ruggiero was a Vice President in the Asset Securitization Group at DZ Bank where he was a senior originator responsible for originating and structuring revolving credit facilities for the bank's asset backed commercial paper conduit. His responsibilities also included managing the bank's syndications as well as the structuring and placing private placement and 144A term securitizations. Prior to DZ Bank, Mr. Ruggiero was a Managing Director and co-founder of the Structured Finance Group at Descap Securities Inc., focusing on the structuring and placing of term securitizations, warehouse lines and subordinated debt. Before Descap, Mr. Ruggiero was with ContiFinancial Services where he was responsible for the structuring and placement of over $2 billion of private placement and 144A securitization transactions in mostly esoteric asset classes for many first time issuers. Mr. Ruggiero started his career at Lehman Brothers, where he was on the mortgage backed securities trading desk. Mr. Ruggiero received a B.A. in Economics from St. Lawrence University. FORTRESS Aaron Blanchette is a Managing Director of the Fortress Credit Funds Business and is Co-CIO of the Fortress Lending Funds. Mr. Blanchette joined the Credit Funds business at Fortress in 2005 as an investment analyst within the Corporate Loan and Corporate Securities groups. Mr. Blanchette has been focused on underwriting and originating middle market loans for the past 16 years for the Fortress Credit Funds. Prior to joining Fortress, Mr. Blanchette was a Portfolio Analyst with Highland Capital Management where he was responsible for covering the technology, healthcare and financial services industries for Highland's distressed hedge fund and CLOS. Before that, Mr. Blanchette was a Director in Ernst & Young's restructuring advisory services group where he advised debtors, senior lenders and unsecured creditor committees in various distressed situations. Mr. Blanchette received his B.B.A and M.B.A from Baylor University. 4

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