ERNST AND YOUNG LLP

VANCOUVER, BRITISH COLUMBIA, Washington, United States PCAOB Registered

Funds Audited

194

Total GAV

$560.5B

Funds Audited

Fund Name	Adviser	Type	GAV
TAIYO FUND, L.P.	TAIYO PACIFIC PARTNERS L.P.	Hedge Fund	$432.5M
RIVERMONT MASTER FUND LP	RIVERMONT CAPITAL MANAGEMENT LP	Hedge Fund	$413.5M
MADISON INTERNATIONAL REAL ESTATE LIQUIDITY FUND VII (INTL), LP	MADISON INTERNATIONAL REALTY HOLDINGS, LLC	Real Estate Fund	$403.5M
MADISON INTERNATIONAL REAL ESTATE LIQUIDITY FUND VII (INTL), LP	MADISON INTERNATIONAL REALTY HOLDINGS, LLC	Real Estate Fund	$403.5M
FREESTONE ADVANTAGE PARTNERS IV LP	FREESTONE CAPITAL MANAGEMENT, LLC	Hedge Fund	$394.7M
FREESTONE ADVANTAGE PARTNERS IV LP	FREESTONE CAPITAL MANAGEMENT, LLC	Hedge Fund	$394.7M
FREESTONE ADVANTAGE PARTNERS IV LP	FREESTONE CAPITAL MANAGEMENT, LLC	Hedge Fund	$394.7M
FREESTONE ADVANTAGE PARTNERS IV LP	FREESTONE CAPITAL MANAGEMENT, LLC	Hedge Fund	$394.7M
FREESTONE ADVANTAGE PARTNERS IV LP	FREESTONE CAPITAL MANAGEMENT, LLC	Hedge Fund	$394.7M
AXIOM ASIA PRIVATE CAPITAL FUND III, L.P.	AXIOM ASIA PRIVATE CAPITAL MANAGEMENT SERVICES, LP	Private Equity Fund	$365.1M
ARINI DIVERSIFIED ALPHA MASTER FUND LIMITED	ARINI CAPITAL MANAGEMENT LIMITED	Hedge Fund	$365M
TAIYO FUND, L.P.	TAIYO PACIFIC PARTNERS L.P.	Hedge Fund	$331.8M
AXIOM ASIA PRIVATE CAPITAL FUND II, L.P.	AXIOM ASIA PRIVATE CAPITAL MANAGEMENT SERVICES, LP	Private Equity Fund	$282.4M
CASTLELAKE CONSUMER RECEIVABLES OPPORTUNITY II, L.P.	CASTLELAKE, L.P.	Private Equity Fund	$281.5M
FREESTONE LP ADVANTAGE PARTNERS V	FREESTONE CAPITAL MANAGEMENT, LLC	Hedge Fund	$271.7M
FREESTONE LP ADVANTAGE PARTNERS V	FREESTONE CAPITAL MANAGEMENT, LLC	Hedge Fund	$271.7M
FREESTONE LP ADVANTAGE PARTNERS V	FREESTONE CAPITAL MANAGEMENT, LLC	Hedge Fund	$271.7M
FREESTONE LP ADVANTAGE PARTNERS V	FREESTONE CAPITAL MANAGEMENT, LLC	Hedge Fund	$271.7M
FREESTONE LP ADVANTAGE PARTNERS V	FREESTONE CAPITAL MANAGEMENT, LLC	Hedge Fund	$271.7M
TAIYO JUPITER HOLDINGS, L.P.	TAIYO PACIFIC PARTNERS L.P.	Private Equity Fund	$242M
TAIYO JUPITER HOLDINGS, L.P.	TAIYO PACIFIC PARTNERS L.P.	Private Equity Fund	$242M
AXIOM ASIA CO-INVESTMENT FUND I, L.P.	MISSION CAPITAL MANAGEMENT SERVICES, L.P.	Private Equity Fund	$223.5M
SARATOGA ASIA III, L.P.	SARATOGA CAPITAL (SINGAPORE) PTE. LTD.	Private Equity Fund	$189M
MADISON INTERNATIONAL REAL ESTATE LIQUIDITY FUND VII (T), LP	MADISON INTERNATIONAL REALTY HOLDINGS, LLC	Real Estate Fund	$178.4M
MADISON INTERNATIONAL REAL ESTATE LIQUIDITY FUND VII (T), LP	MADISON INTERNATIONAL REALTY HOLDINGS, LLC	Real Estate Fund	$178.4M