| Top Ten Strategies Employed |
| SECTOR |
%PORTFOLIO |
| |
|
| Private Investments |
 |
| Distressed-Public |
 |
| Asset-Based Lending |
 |
| Equity LS-Fundamental |
 |
| Fixed Income/Credit |
 |
| Event/Activist |
 |
| Public Control |
 |
| Other/Hedge |
 |
| Convertibles |
 |
| Relative Value Arbitrage |
 |
|
|
The Sub-Advisors employ a broad array of strategies with there underlying managers to achieve their investment objectives. Allocations to the strategies are monitored and adjusted by the Sub-Advisors on an ongoing basis. |