First Trust
Capital Solutions

^{*First Trust Capital Management L.P. (“FTCM”) has entered into a contractual agreement with an affiliate, First Trust Portfolios L.P. (”First Trust”), to solicit investors in private funds managed by FTCM and offered through the First Trust Private Investment Platform. For private funds issued by FTCM for which First Trust is the placement agent, First Trust is paid 20% of FTCM’s management fee, performance shares or other incentive fees or allocations received by FTCM with respect to each investment in a private fund. In addition, since First Trust’s affiliate, First Trust Capital Partners LLC, owns 50% of FTCM’s parent, First Trust Capital Solutions L.P., First Trust will indirectly benefit from an increase in fees received by FTCM. Since FTCM’s management fees or other incentive fees are based upon a percentage of assets under management, the more assets under management, the higher fee income to both FTCM and First Trust. In addition, due to such compensation, First Trust has an incentive to sell private investments issued by FTCM or offered through the First Trust Private Investment Platform, resulting in a material conflict of interest which should be considered when making a decision to invest in private funds offered by or through FTCM. First Trust will not be involved in the provision of services by FTCM.}