| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION FEES | 9,125 | 4,563 | 4,562 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| BAUPOST VALUE PARTNERS - I, LP | AT COST | 19,888,194 | 21,555,481 |
| COLUMBUS HILL PARTNERS, LP | AT COST | 2,153,699 | 2,989,357 |
| ECOR1 CAPITAL FUND, L.P. | AT COST | 5,550,772 | 8,512,880 |
| FINEPOINT CAPITAL PARTNERS II, LP | AT COST | 5,713,166 | 5,726,732 |
| FLYBRIDGE CAPITAL PARTNERS V LP | AT COST | 402,244 | 641,470 |
| FPR PARTNERS, L.P. | AT COST | 3,532,637 | 4,257,717 |
| HAWKEYE CAPITAL, L.P. | AT COST | 2,782,202 | 3,119,151 |
| JHL CAPITAL GROUP FUND, LTD | AT COST | 2,354,853 | 9,381,119 |
| KENSICO ASSOCIATES, LP | AT COST | 2,418,467 | 2,668,757 |
| LIVSPEC LLC | AT COST | 142,634 | 691,113 |
| MAVERICK VENTURES II LP | AT COST | 637,769 | 731,531 |
| MAVERICK VENTURES ISRAEL ANNEX, LLC | AT COST | 218,113 | 206,474 |
| MFN PARTNERS, LP | AT COST | 2,711,365 | 3,054,703 |
| PILLAR I, LP | AT COST | 2,253,104 | 5,620,919 |
| PILLAR I (AIV), LP | AT COST | 867,812 | 915,033 |
| PILLAR 2019 SPV-A LP | AT COST | 167,671 | 166,460 |
| PILLAR II-B LP | AT COST | 573,724 | 683,054 |
| SOLEL CAPITAL PARTNERS LP | AT COST | 1,962,271 | 2,445,065 |
| SAF INVESTOR, LP | AT COST | 1,069,043 | 1,277,328 |
| SUSTAINABLE ASSET FUND II (CAYMAN), LP | AT COST | 888,762 | 1,013,385 |
| TECA PARTNERS DOMESTIC, LP | AT COST | 2,107,430 | 2,803,276 |
| THE SPRUCE HOUSE PARTNERSHIP, LP | AT COST | 2,152,110 | 5,593,923 |
| VESTIGO VENTURES FUND 1 LP | AT COST | 1,300,765 | 1,842,966 |
| VESTIGO VENTURES FUND II LP | AT COST | 93,297 | 90,110 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 11,883 | 11,883 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| NOTE RECEIVABLE - SAF INVESTORS, LP | 1,039,378 | 317,680 | 317,680 |
| INTEREST RECEIVABLE | 366,655 | 150,253 | 150,253 |
| Description | Amount |
|---|---|
| PERMANENT SCHEDULE M ADJUSTMENTS FROM PASSTHROUGHS | 13,122 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FROM K-1 - BAUPOST VALUE PARTNERS I L.P. | 71,916 | 71,916 | 0 | |
| FROM K-1 - COLUMBUS HILL PARTNERS, L.P. | 36,093 | 36,093 | 0 | |
| FROM K-1 - ECOR1 CAPITAL FUND L.P. | 124,333 | 124,333 | 0 | |
| FROM K-1 - FINEPOINT CAPITAL PARTNERS II, L.P. | 73,303 | 73,303 | 0 | |
| FROM K-1 - FLYBRIDGE CAPITAL PARTNERS V, LP | 26,579 | 26,579 | 0 | |
| FROM K-1 - FPR PARTNERS L.P. | 33,387 | 33,387 | 0 | |
| FROM K-1 - HAWKEYE CAPITAL L.P. | 28,136 | 28,136 | 0 | |
| FROM K-1 - KENSICO ASSOCIATES L.P. | 51,121 | 51,121 | 0 | |
| FROM K-1 - LIVSPEC LLC | 3,908 | 3,908 | 0 | |
| FROM K-1 - MAVERICK VENTURES II LP | 26,969 | 26,969 | 0 | |
| FROM K-1 - MAVERICK VENTURES ISRAEL ANNEX LLC | 1,012 | 1,012 | 0 | |
| FROM K-1 - MFN PARTNERS, LP | 36,585 | 36,585 | 0 | |
| FROM K-1 - PILLAR I (AIV), LP | 0 | 0 | 0 | |
| FROM K-1 - PILLAR 2019 SPVA-A LP | 786 | 786 | 0 | |
| FROM K-1 - PILLAR - II-B L.P | 46,863 | 46,863 | 0 | |
| FROM K-1 - PILLAR I, LP | 96,923 | 96,923 | 0 | |
| FROM K-1 - SUSTAINABLE ASSET FUND II (CAYMAN) LP | 39,089 | 39,089 | 0 | |
| FROM K-1 - SOLEL CAPITAL PARTNERS LP | 32,697 | 32,697 | 0 | |
| FROM K-1 - TECA PARTNERS DOMESTIC, LP | 38,047 | 38,047 | 0 | |
| FROM K-1 - THE SPRUCE HOUSE PARTNERSHIP, LP | 51,170 | 51,170 | 0 | |
| FROM K-1 - VESTIGO VENTURES FUND 1, LP | 44,262 | 44,262 | 0 | |
| FROM K-1 - VESTIGO VENTURES FUND II, LP | 6,596 | 6,596 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| BANK OF AMERICA - 7738 - OTHER INCOME | 4 | 4 | 4 |
| FROM K-1 - BAUPOST VALUE PARTNERS I L.P. | -210,629 | -210,629 | -210,629 |
| FROM K-1 - COLUMBUS HILL PARTNERS, LP | 44,793 | 44,793 | 44,793 |
| FROM K-1 - ECOR1 CAPITAL FUND, LP | 13,394 | 13,394 | 13,394 |
| FROM K-1 - FINEPOINT CAPITAL II | 19,842 | 19,842 | 19,842 |
| FROM K-1 - FPR PARTNERS L.P | 25,093 | 25,093 | 25,093 |
| FROM K-1 - HAWKEYE CAPITAL L.P. | 833 | 833 | 833 |
| FROM K-1 - KENSICO ASSOCIATES L.P. | 80 | 80 | 80 |
| FROM K-1 - LIVSPEC LLC | 617 | 617 | 617 |
| FROM K-1 - MFN PARTNERS, LP | -9,595 | -9,595 | -9,595 |
| FROM K-1 - PILLAR I (AIV), LP | 542,799 | 542,799 | 542,799 |
| FROM K-1 - SOLEL CAPITAL PARTNERS LP - ORDINARY INCOME | -33,972 | -33,972 | -33,972 |
| ROM K-1 - TECA PARTNERS DOMESTIC, LP | -688 | -688 | -688 |
| FROM K-1 - THE SPRUCE HOUSE PARTNERSHIP, LP | -12,048 | -12,048 | -12,048 |
| FROM K-1 - VESTIGO VENTURES FUND 1, LP | -2,641 | -2,641 | -2,641 |
| FROM K-1 - VESTIGO VENTURES FUND II, LP | 0 | 0 | 0 |
| Description | Amount |
|---|---|
| UNRELATED BUSINESS TAXABLE INCOME | 102,044 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO TRUSTEES | 4,050 | 4,050 |
| DUE TO SAF INVESTOR LP | 426,447 | 481,042 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FROM K-1 - BAUPOST VALUE PARTNERS I L.P | 2,046 | 2,046 | 0 | |
| FROM K-1 - COLUMBUS HILL PARTNERS, L.P. | 391 | 391 | 0 | |
| FROM K-1 - FINEPOINT CAPITAL PARTNERS II, L.P | 5,225 | 5,225 | 0 | |
| FROM K-1 - HAWKEYE CAPITAL L.P. | 762 | 762 | 0 | |
| FROM K-1 - KENSICO ASSOCIATES L.P. | 7 | 7 | 0 | |
| FROM K-1 - THE SPRUCE HOUSE | 1,863 | 1,863 | 0 | |
| FROM K-1 - SUSTAINABLE ASSET FUND II (CAYMAN) LP | 1,314 | 1,314 | 0 | |
| MA FILING FEES | 500 | 0 | 500 |