| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| PRIVATE ADVISORS HEDGED EQUITY FUND (QP), LTD | FMV | 8,561,566 | 8,561,566 |
| PRIVATE ADVISORS SMALL COMPANY BUYOUT FUND V, LP | FMV | 7,134,621 | 7,134,621 |
| INVESCO CORE REAL ESTATE - USA LP | FMV | 8,889,397 | 8,889,397 |
| PRIVATE ADVISORS SMALL COMPANY PRIVATE EQUITY FUND VII, LP | FMV | 4,835,234 | 4,835,234 |
| LIBRA FUND QP LP | FMV | 8,484,852 | 8,484,852 |