William Blair Green Terrain

L.P.

Fund Investment Objectives

William Blair Green Terrain fund is a multi-manager hedge fund vehicle that provides exposure to a broad range of non-directional hedge fund strategies. The fund seeks to produce steady long term capital appreciation with low directional exposure to traditional stock and bond markets. The Fund allocates across six strategies: Convertible Arbitrage, Fixed Income Arbitrage, Risk Arbitrage Equity Market Neutral, Multi-Strat, and Niche.