CREDIT ALTERNATIVES FUND, LLC

PFID 805-2210039009 Managed by 50 SOUTH CAPITAL ADVISORS, LLC

Hedge Fund 3(c)(7) Fund of Funds Master Fund

Gross Asset Value

$282.7M

Min. Investment

$1,000,000

Investors

128

First Sale

FY End

Service Providers

Auditor

DELOITTE & TOUCHE LLP

CHICAGO, Illinois, United States

PCAOB: Registered

Independent: Yes

Custodian

BANK OF NEW YORK MELLON

NEW YORK, New York, United States

Administrator

BANK OF NEW YORK MELLON

NEW YORK, New York, United States

Marketer

NORTHERN TRUST SECURITIES, INC