Bivium Capital Partners,

At Bivium Capital, we have partnered with investors and managers to help them achieve their strategic objectives since 2002. We cater to an institutional client base, including public plan sponsors and corporations. Our manager of managers program is comprised of diverse emerging and boutique investment firms. We have provided our partners with innovative solutions by delivering differentiated sources of alpha, thought-leading research, and diverse advisory services tailored to each partner’s specific mandate and goals. Throughout our history, we have found that the best relationships, and our strongest partnerships, are built on extensive interaction and substantive collaboration regarding long-term aims and portfolio construction. Investors seeking boutique and emerging talent continue to turn to us today because of our client-centric culture, results-oriented mindset and investment experience. Moreover, we wholly understand an investment manager’s reasons for starting his or her own investment firm: they are many of the same reasons we founded Bivium. We have always believed that a manager’s ability to sustain a performance advantage is driven by skill and motivation. However, it is sometimes difficult for investors to discern whether a manager’s success is based instead on luck. The managers we identify undergo an extensive and dynamic evaluation process, which enables us to form a clear thesis on how they add value. The investment managers we ultimately select meet the same rigorous standards we set for ourselves in terms of executive leadership, operational management and alpha generation.