Product Primers — KPC Private Funds

Pending CCO Approval

KPC PRIVATE FUNDS

Smart Investments, Made Simple^™

Product Primer

KPC Hedge Fund Investments

Hedge funds,
simplified.

Institutional hedge fund investing — diligence, onboarding, consolidated tax reporting, custodian visibility and portfolio analytics — built for the independent advisor channel.

Who We Are

Kelly Park Investment LLC (KPC) is an SEC-registered investment adviser focused exclusively on providing financial advisors and their clients access to institutionally structured private-market opportunities — built around the operational, compliance and reporting realities of the independent RIA channel.

Platform Highlights

MinimumsLower & flexible

OnboardingFully digital

Tax ReportingSingle consolidated K-1

CustodyOn-statement visibility

KPC Private Funds | 1185 Avenue of the Americas, 3rd Floor, New York NY 10036 | Info@kellyparkcapital.com

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The Bigger Value Proposition

Beyond access — implementation built for the advisor.

Hedge fund access is no longer the bottleneck. The challenge is everything that comes after access — subscription docs, diligence, custody, tax, monitoring, risk oversight and client reporting. KPC was built to solve exactly that for the independent advisor channel.

Lower, More Flexible Minimums

By aggregating capital across advisors, KPC accesses institutional opportunities at allocation sizes that work across a broader segment of client portfolios.

Streamlined Digital Onboarding

Pre-populated investor data, auto-generated docs and e-signature. What once took days or weeks is often completed in minutes.

One Envelope, Many Funds

Five investments. One Offering Memorandum. One Subscription Document. One signature envelope. ~75% fewer pages than direct or aggregator subscriptions — detailed on the next page.

Consolidated K-1 Reporting

Investors receive a single consolidated K-1 across all underlying hedge fund holdings — no juggling multiple tax documents from multiple managers.

Custodian Integration

Positions appear on approved custodial statements as a single line item — Schwab, Fidelity, Pershing — visible inside existing reporting systems.

Manager Due Diligence & Monitoring

Pre-investment diligence and ongoing manager monitoring, with documented research and oversight that supports advisor fiduciary responsibility.

Portfolio Analytics via PRISM

Aggregate exposures, strategy mix, concentration, liquidity profiles and household drill-down — built for advisors managing private investments.

Advisor Tech Integration

Reporting data flows to leading portfolio management and reporting systems, keeping the client experience consistent across the tech stack.

Built for RIA Compliance Requirements

Accreditation, suitability, record retention and performance reporting — built around the realities of independent RIA compliance teams.

Aligned Incentives

Not a broker-dealer. No manager-paid placement. Not owned by the managers we evaluate. Our incentives sit with the advisors we serve.

The KPC Position

"The hedge fund industry spent years solving for access.
KPC solves for implementation."

KPC Private Funds | 1185 Avenue of the Americas, 3rd Floor, New York NY 10036 | Info@kellyparkcapital.com

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Operational Advantage

Five investments. One envelope. One signature set.

For a five-fund hedge fund allocation, here is what the advisor and client actually have to read, sign and process. KPC's structure collapses five subscriptions into a single Offering Memorandum, a single Subscription Document and a single signature envelope — roughly 75% fewer pages and one-fifth the signature workload of even the most efficient aggregator on the market.

Traditional

Direct Fund Subscriptions

Five separate manager relationships, five separate paper trails.

OM+Sub

Offering Memoranda5 × ~80 pp

Subscription Docs5 × ~50 pp

Total Pages~650

Signature Sets5

E-Sign Envelopes5

Big Box Store-Style

Aggregator Platform

Same five document sets — bundled into a single signing envelope.

OM+Sub

Offering Memoranda5 × ~80 pp

Subscription Docs5 × ~50 pp

Total Pages~650

Signature Sets5

E-Sign Envelopes1

KPC — Aggregated Subscription Model

One OM. One Sub Doc.

Five investments executed through a single aggregated subscription.

OM+Sub

Offering Memoranda1

Subscription Docs1

Total Pages~160

Signature Sets1

E-Sign Envelopes1

~75% fewer pages · ~80% fewer signatures

Illustrative comparison based on a representative five-fund allocation utilizing KPC's aggregated subscription structure versus direct manager subscriptions and a traditional aggregator workflow. Actual document counts and signature requirements may vary by offering.

Why It Matters

Less paperwork. Fewer signatures. Fewer places for an NIGO error. Faster funding. Aggregation isn't just access — done right, it's one envelope.

KPC Private Funds | 1185 Avenue of the Americas, 3rd Floor, New York NY 10036 | Info@kellyparkcapital.com

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Platform & Process

PRISM — and how a KPC hedge fund allocation works.

Proprietary Technology

PRISM

KPC's research, investment and reporting platform. PRISM supports manager diligence and screening, powers the digital subscription workflow, and gives advisors a single pane of glass into hedge fund exposure across their entire book.

Learn

Manager research, strategy intelligence and diligence reports.

Invest

Digital onboarding, e-sign, custodian-integrated subscriptions.

Track

Book-wide exposure, concentration, liquidity & household drill-down.

What Makes KPC Different

Built for advisors — not a broker-dealer and not a capital-raising platform for fund managers.
No manager-paid placement. We do not accept compensation from managers in exchange for platform access.
Independent. Not owned or controlled by the investment managers we evaluate — incentives aligned with the advisor.

How a Hedge Fund Allocation Works

Manager Selection

Institutional pre-investment diligence and ongoing monitoring; documented research delivered to the advisor.

Structure

Aggregated access vehicle enabling lower, more flexible minimums than direct manager subscriptions.

Onboarding

Digital, pre-populated subscription docs with e-signature; typically completed in minutes, not weeks.

Custody

Position appears on approved custodial statements (Schwab, Fidelity, Pershing) as a single line item.

Tax

Single consolidated K-1 across all underlying hedge fund holdings — regardless of number of managers.

Add-Ons

Subsequent allocations and new managers added without repeating full onboarding.

Reporting

PRISM provides aggregate exposures, strategy mix, concentration and liquidity analytics across the practice.

Important Disclosures

This material is provided for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security. Any such offering will be made only by means of definitive offering documents, which contain a description of the material terms, including risks, fees and conflicts of interest. Opportunities described herein are available only to eligible investors meeting applicable Accredited Investor, Qualified Client, or Qualified Purchaser standards, as applicable. Hedge fund investments are speculative, may employ leverage and derivatives, are generally illiquid, involve a high degree of risk and may result in the loss of all or substantially all invested capital. Liquidity terms, lock-ups, gates, fees, expenses and tax treatment vary by underlying manager and by offering. References to consolidated K-1 reporting, custodial on-statement visibility and integration with third-party advisor technology depend on the structure of each specific offering and the policies of the relevant custodian and technology provider, and may not be available in all cases. Kelly Park Investment LLC is registered with the U.S. Securities and Exchange Commission as an investment adviser; registration does not imply any level of skill or training. Smart Investments, Made Simple™ is a trademark of Kelly Park Investment LLC. © 2026 Kelly Park Investment LLC. All rights reserved.

KPC Private Funds | 1185 Avenue of the Americas, 3rd Floor, New York NY 10036 | Info@kellyparkcapital.com

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