Tr South Park Square C/O Capri Capital Partners LLC

Form 990, Part VI, Line 2

“Family or Business Relationships The individuals who serve as the directors and officers of this entity are also employees of Capri Capital Partners, LLC ("Capri"). Capri was hired by the Teachers' Retirement System of the State of Illinois ("IL TRS", the 100% stockholder of this entity) to serve as an Investment Advisor pursuant to an agreement between IL TRS and Capri dated July 1, 2010. Form 990, Part VI, Line 3 Delegation of Control Over Management Duties The Teachers' Retirement System of the State of Illinois ("IL TRS", the 100% stockholder of this entity) hired Capri Capital Partners, LLC ("Capri") to serve as the investment advisor for this entity pursuant to an Investment Management Agreement between IL TRS and Capri dated July 1, 2010. Form 990, Part VI, Line 7a Election of Members of the Governing Body The Teachers' Retirement System of the State of Illinois ("IL TRS") is the 100% stockholder of this entity and IL TRS is responsible for electing the Board of Directors for this entity. Form 990, Part VI, Line 7b Decisions of Governing Body Subject to Approval The Teachers' Retirement System of the State of Illinois ("IL TRS") is the 100% stockholder of this entity and IL TRS must approve the sale of substantially all of the assets of this title holding entity as well as approve any plans to dissolve this entity. Form 990, Part VI, Line 11B Form 990 Provided to Governing Body The Form 990 is prepared by an independent accounting firm and is reviewed by the organization's controller before filing. Form 990, Part VI, Line 12a Written Conflict of Interest Policy While the entity does not have a conflict of interest policy, the Investment Management Agreement between IL TRS and Capri does contain a conflict of interest provision which governs Capri's responsibilities as Manager of the entity. Form 990, Part VI, Lines 15a & 15b Process for Determination of Compensation The procedures for determining the compensation for the positions identified in questions 15 a and b are governed pursuant to the Investment Management Agreement dated July 1, 2010 between the Teachers' Retirement System of the State of Illinois ("IL TRS"), the 100% stockholder of this entity, and Capri Capital Partners, LLC ("Capri"). None of the officers and/or directors of this entity receive compensation from the exempt entity itself. IL TRS pays Capri asset management fees to act as an Investor Advisor to IL TRS pursuant to the Investment Management Agreement. All compensation paid to Capri is made directly by IL TRS and not through this entity. Form 990, Part VI, Line 19 Governing Docs, Conflict of Interest Policy & Financial Stmts to Public The governing documents (through attachments to the entity's exemption application) and annual Form 990 returns are available to the public upon request, as required by Internal Revenue Code Section 6104. Form 990, Part XI, Line 9 Other Changes in Net Assets $290,062 Contributions $(1,276,071) Distributions $(986,009) Total”