ERNST & YOUNG

TYSONS, Virginia, United States PCAOB Registered

Funds Audited

6,907

Total GAV

$4.7T

Funds Audited

Fund Name	Adviser	Type	GAV
BREGAL INVESTMENTS II L.P.	BREGAL INVESTMENTS, INC.	Private Equity Fund	$247.6M
ARES EUROPEAN CREDIT INVESTMENTS V (X), L.P.	ARES MANAGEMENT LLC	Hedge Fund	$247.5M
ARES BADGER FUND LP	ARES MANAGEMENT LLC	Hedge Fund	$247.2M
CROSSLINK VENTURES X, LP	CROSSLINK CAPITAL, INC.	Venture Capital Fund	$247.1M
BGH CAPITAL TRUST IB	BGH CAPITAL PTY LTD	Private Equity Fund	$246.6M
GENESIS CAPITAL FUND II, LP	GENCAP PTY LTD	Private Equity Fund	$246.3M
TOP TIER VENTURE CAPITAL VI, L.P.	TOP TIER CAPITAL PARTNERS, LLC	Private Equity Fund	$245.5M
SAGUARO ICG SLB FUND I SCSP	ICG EUROPE S.A.R.L.	Real Estate Fund	$245.3M
SAGUARO ICG SLB FUND I SCSP	ICG EUROPE S.A.R.L.	Real Estate Fund	$245.3M
DEMPSEY HILL ASIA MASTER FUND	DEMPSEY HILL CAPITAL PTE LTD	Hedge Fund	$245M
SCULPTOR REAL ESTATE PARALLEL FUND IV F CO-INVESTMENTS, LP	SCULPTOR CAPITAL LP	Real Estate Fund	$244.1M
SCULPTOR REAL ESTATE PARALLEL FUND IV F CO-INVESTMENTS, LP	SCULPTOR CAPITAL LP	Real Estate Fund	$244.1M
GROTECH VENTURES II, L.P.	GROTECH MANAGEMENT COMPANY	Venture Capital Fund	$244.1M
CREDIT OPPORTUNITIES (SERIES M) LP	MS CAPITAL PARTNERS ADVISER INC.	Other Private Fund	$244.1M
MIGDAL-HARBOURVEST 2016 FUND L.P.	HARBOURVEST PARTNERS, LLC	Private Equity Fund	$244M
MIGDAL-HARBOURVEST 2016 FUND L.P.	HARBOURVEST PARTNERS, LLC	Private Equity Fund	$244M
MIGDAL-HARBOURVEST 2016 FUND L.P.	HARBOURVEST PARTNERS, LLC	Private Equity Fund	$244M
ASF VIII SIDECAR (CAYMAN), L.P.	ALPINVEST US HOLDINGS, LLC	Private Equity Fund	$244M
LUOMUS FUND, L.P.	ARES MANAGEMENT LLC	Hedge Fund	$243.6M
GCM GROSVENOR - NC INNOVATION FUND II, L.P.	GCM GROSVENOR L.P.	Private Equity Fund	$243.3M
GCM GROSVENOR - NC INNOVATION FUND II, L.P.	GCM GROSVENOR L.P.	Private Equity Fund	$243.3M
GCM GROSVENOR - NC INNOVATION FUND II, L.P.	GCM GROSVENOR L.P.	Private Equity Fund	$243.3M
ARES CARS CO-INVEST, L.P.	ARES MANAGEMENT LLC	Real Estate Fund	$242.3M
ARES SENIOR DIRECT LENDING PARALLEL FUND (U) B, L.P.	ARES CAPITAL MANAGEMENT LLC	Hedge Fund	$242.1M
ARES SENIOR DIRECT LENDING PARALLEL FUND (U) B, L.P.	ARES CAPITAL MANAGEMENT LLC	Hedge Fund	$242.1M