SCGE MANAGEMENT, L.P.

The Adviser, SCGE (LTGP), provides investment advisory services to the Funds pursuant to an investment management agreement. The Adviser focuses on changing circumstances that force investors to reassess the underlying intrinsic value of the business. The Adviser will primarily target short positions in securities when it expects that the securities sold short have the opportunity to decline in value by 25% or more from the time the short sale is initiated. The Adviser manages a total of $8,760,548,303 of client assets, all of which are managed on a discretionary basis. As compensation for investment advisory services rendered to the Funds, the Adviser will be entitled to receive an advisory fee (the "Advisory Fee"), payable quarterly in advance as of the first day of each calendar quarter. The Advisory Fee will be debited from the capital accounts of the Funds.

The Main Fund will invest primarily in publicly traded equity securities of companies in the technology, media, and telecommunications (TMT) sectors. In addition to broader TMT, the Main Fund also invests in other sectors, including energy/cleantech, financial technology, information services, and technology-enabled consumer businesses. The Main Fund's investments span from late-stage private companies to public companies. The Main Fund will typically hold 10–20 core long investments in public equity securities and 20-40 short investments, although the number of positions it holds may be outside of these ranges at any time. The Main Fund initiates short positions primarily to generate a positive absolute return and does not seek to manage short-term market volatility. Short positions are primarily short sales of individual securities or small baskets of securities tethered to a unifying theme.

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