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The information provided herein represents the opinion of the author and is not intended as a forecast or guarantee of future results. It is not a solicitation to invest in any investment products, nor is it intended to provide investment advice. It is intended for informational purposes only. Past performance is not a guarantee of future results. Inherent in any investment is potential for loss. As of February 28, 2022, Preserver, L.P.'s CLO investments represented 9.6% of the Fund's total assets.

The information provided herein represents the opinion of the author and is not intended as a forecast or guarantee of future results. It is not a solicitation to invest in any investment products, nor is it intended to provide investment advice. It is intended for informational purposes only. Past performance is not a guarantee of future results. Inherent in any investment is potential for loss. As of September 30, 2021, Preserver, L.P.'s rail-car leasing investment represented 3.3% of the Fund's total assets.

The information provided herein represents the opinion of the author and is not intended as a forecast or guarantee of future results. It is not a solicitation to invest in any investment products, nor is it intended to provide investment advice. It is intended for informational purposes only. Past performance is not a guarantee of future results. Inherent in any investment is potential for loss. As of September 30, 2021, Preserver, L.P.'s rail-car leasing investment represented 3.3% of the Fund's total assets.

The information provided herein represents the opinion of the author and is not intended as a forecast or guarantee of future results. It is not a solicitation to invest in any investment product, nor is it intended to provide investment advice. It is intended for informational purposes only. Past performance is not a guarantee of future results. Inherent in any investment is potential for loss. As of August 31, 2021, the secured art lending portfolio represented 0.75% of Preserver, L.P.’s total assets and 14.37% of Preserver Alternative Income Fund, L.P.'s total assets. The primary risks associated with asset-backed lending are credit, operational, strategic, and reputation. Price and liquidity risks may also be applicable.

The information provided herein represents the opinion of the author and is not intended to be a forecast of future events, or investment advice. It is not a solicitation to invest in any investment product. It is intended for informational purposes only. Past performance is not a guarantee of future results. Inherent in any investment is potential for loss.

The information provided herein represents the opinion of the author and is not intended to be a forecast of future events, or investment advice. It is not a solicitation to invest in any investment product. It is intended for informational purposes only. Past performance is not a guarantee of future results. Inherent in any investment is potential for loss.

The information provided herein represents the opinion of the portfolio manager and is not intended to be a forecast of future events, or investment advice. It is not a solicitation to invest in any investment product. It is intended for informational purposes only. Past performance is not a guarantee of future results. Inherent in any investment is potential for loss.

The information provided herein represents the opinion of the portfolio manager and is not intended to be a forecast of future events, or investment advice. It is not a solicitation to invest in any investment product. It is intended for informational purposes only. Past performance is not a guarantee of future results. Inherent in any investment is potential for loss.

The information provided herein represents the opinion of the author and is not intended to be a forecast of future events, or investment advice. It is not a solicitation to invest in any investment product. It is intended for informational purposes only. Past performance is not a guarantee of future results. Inherent in any investment is potential for loss.