HBC REAL ESTATE FUND

PFID 805-4949906414 Managed by HUDSON BAY CAPITAL MANAGEMENT LP

Hedge Fund 3(c)(7) Master Fund

Gross Asset Value

$282.1M

Min. Investment

$1,000

Investors

127

First Sale

FY End

Service Providers

Auditor

PRICEWATERHOUSECOOPERS LLP

NEW YORK, New York, United States

PCAOB: Registered

Independent: Yes

Custodian

BANK OF AMERICA, N.A.

NEW YORK, New York, United States

Custodian

THE BANK OF NEW YORK MELLON

NEW YORK, New York, United States

Custodian

STATE STREET BANK AND TRUST COMPANY

BOSTON, Massachusetts, United States

Administrator

REIT INVESTMENT GROUP

NASHVILLE, Tennessee, United States

Administrator

SS&C TECHNOLOGIES, INC.

WINDSOR, Connecticut, United States

Administrator

SS&C GLOBEOP

GRAND CAYMAN, Cayman Islands