Recruitment presentation

2. Confidential
2
This presentation does not constitute an offering of any security, product, service or fund. This presentation is for information
purposes only, is not an offer to buy or sell or solicitation of an offer to buy or sell any security, product, service or fund or to
participate in any trading strategy, and is confidential and may not be reproduced or distributed. Please see “Important Legal
Information” herein. If any offer of security, product, service or fund is made, it shall be pursuant to the applicable information
memorandum or investment management agreement prepared by or on behalf of the issuer of the securities or investment manager
which would contain material information not contained herein and which would supersede, amend and supplement this information
in its entirety. Any decision to invest in any AlphaCrest strategy described herein should be made only after reviewing the definitive
private placement memorandum or managed account document including the discussion of “Certain Risk Factors” and “Conflicts of
Interest” therein. The purchase of interests in the applicable security, product, service or fund in the applicable managed account is
suitable only for eligible investors or clients for whom an investment in such fund does not constitute a complete investment program
and who fully understand and are willing to assume the risks involved in such fund’s or managed account’s investment program. This
presentation is not for distribution in isolation and must be viewed in conjunction with the information memorandum or managed
account documentation. There is no intention to offer security, product, service or fund in countries or jurisdictions where such offer
would be unlawful under the relevant domestic law.
AlphaCrest Capital Management LLC

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Team Overview
 Team of world class researchers former proprietary traders, portfolio managers
and a Nobel Laureate
 Extensive history of working together previously
 15 people in New York and a dedicated research pool in India
 Selected biographies below:
Mika Toikka
Managing Principal
Olivier Ledoit
Director of Classical
Strategy Research
Andrew Mullhaupt
Director of Non-Classical
Research
Robert Engle
Research Advisor
Former Head of the
Systematic Trading
Group at Credit Suisse
Asset Management and
the former Global Head of
Risk & Strategy for the
Proprietary Trading
Group at Credit Suisse’s
Investment Bank.
Former Head of
Statistical Arbitrage
for Credit Suisse
Proprietary Trading
Group in Europe.
Formerly of
Renaissance
Technologies, SAC and
Morgan Stanley.
Nobel Laureate (2003)
in Economics Sciences.
Member of the U.S.
National Academy of
Sciences and a fellow of
the American Academy
of Arts and Sciences,
the Econometric
Society, the American
Statistical Association,
and the American
Finance Association.

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The Core of AlphaCrest
“Think Tank” 01
Shared ideas immersed in a
technology/trading business
environment driven by
former prop traders
and business builders.
06 Empirical
Validation
Ideas are empirically tested
and validated with data.
07 Systematic Trading
A structured
investment process that
minimizes emotions and
behavioral biases.
04 State of the Art Infrastructure & Technology
Sophisticated proprietary modeling & cloud based high performance
computing capabilities
Academic 02
Co-operative culture based on
significant intellectual
firepower to develop
quantitative strategies.
Cutting Edge
Research 03
Published authors in scientific
and industry journals.
05 Scientific
Methodology
Dedicated to the scientific
approach to investing.

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Our Research Process
Potential Alpha
Source
Inspired by researchers
prioritized by Research
Comittees
Formulate
Hypothesis
How to best test, evaluate
and implement
Identify and
Gather Data
Source, clean, &
provide data for
research
analysis
Conduct
Research
Collaborative team
approach using complex
quantitative
methodologies
Peer Review
Research critiqued by peers
Present to
Research
Committee
Review / approval
Alpha Concept
Approved
Approval by consensus of the
Research Committee

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Important Legal Information
This material has been prepared by AlphaCrest Capital Management LLC (“AlphaCrest”) on the basis of publicly available information and internally developed data sources
believed to be reliable. AlphaCrest has not sought to independently verify information obtained from non-AlphaCrest sources and makes no representations or warranties
as to accuracy, completeness or reliability of such information. All opinions and views constitute judgments as of the date of writing without regard to the date on which the
reader may receive or access the information, and are subject to change at any time without notice and with no obligation to update. This material is for informational and
illustrative purposes only and is intended solely for the information of those to whom it is distributed by AlphaCrest. No part of this material may be reproduced or
retransmitted in any manner without the prior written permission of AlphaCrest. AlphaCrest does not represent, warrant or guarantee that this information is suitable for
any investment purpose and it should not be used as a basis for investment decisions. This material does not purport to contain all of the information that a prospective
investor may wish to consider. This material is not to be relied upon as such or used in substitution for the exercise of independent judgment. Past performance does not
guarantee or indicate future results.
This material should not be viewed as a current or past recommendation or a solicitation of an offer to buy or sell any securities or investment products or to adopt any
investment strategy. The reader should not assume that any investments were or will be profitable and no representation is made that any investor will or is likely to
achieve results comparable to those shown or will make any profit or will be able to avoid incurring substantial losses. This informational report does not constitute research
and may not be used or relied upon in connection with any offer or sale of a security or hedge fund or fund of hedge funds. Investment returns will fluctuate and may be
volatile, especially over short term horizons. Current and future portfolio compositions may be significantly different from the information shown herein. Investing entails
risks, including possible loss of some or all of the investor’s principal. To the extent that the materials contain model or illustrative calculations, such model and illustrative
calculations are based on certain assumptions and factors. Assumptions are based on current market conditions and as such are subject to change without notice. Changes
to the assumptions or consideration of different or additional factors may have a material impact on the results detailed herein. Moreover, not all assumptions or factors
have been considered.
Certain statements contained herein constitute “forward-looking statements”. Such forward-looking statements involve known and unknown risks, uncertainties and other
factors that may cause the financial and economic forecasts and assumptions of the macroeconomic environment and actual results, performance or achievements of a fund
to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Given these uncertainties,
prospective investors are cautioned not to place undue reliance on such forward-looking statements. AlphaCrest disclaims any obligations to update any such factors or to
announce the result of any revisions to any of the forward-looking statements contained herein to reflect future events or developments. All written and oral forward-
looking statements will be qualified in their entirety by risk factors and other disclosures to be provided in offering materials.
This document is expressly not intended for persons who, due to their nationality or place of residence, are not permitted access to such information under local law. There
is no intention by AlphaCrest to offer products or services in countries or jurisdictions where such offer would be unlawful under the relevant domestic law.
Information contained in this presentation is solely for the purpose of enabling AlphaCrest to explore potential partners in India for possible mutual business opportunities
for carrying out Regulated Activities (defined below) in pursuance of its business objectives. AlphaCrest is not presently registered with the Securities and Exchange Board of
India (“SEBI”) and/or with any other relevant Indian authority in any capacity whatsoever. Some of the activities proposed to be carried out in India as stated in this
presentation including provision of services to Indian residents may require AlphaCrest to obtain prior registration with SEBI under the appropriate regulations of SEBI or any
other regulatory authority in India (“Regulated Activities”). Nothing contained in this presentation shall be construed as AlphaCrest undertaking or intending to undertake
any such Regulated Activities in India under the laws and regulations prevalent in India as on the date of this presentation.

7. Confidential
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Important Risk Disclosures
An investment in any AlphaCrest fund would be subject to numerous risks each as would be more fully described in a fund’s confidential private placement memorandum or
similar document. Generally, these risks include, but would not be limited to:
 Unpredictability of price movement, including with respect to short sales
 Key person and key employee-related risks such as death, disability, or departure of such individuals
 Changes in regulatory regimes and lack of oversight
 Cybersecurity and systems risks which may impact trading ability
 Derivatives and leverage risks, including risk of greater loss than with other types of investments
 Risks associated with a fund structure such as redemption limitations or regulatory actions against the fund and of any trading vehicles
 Regulatory and operational risks associated with U.S. and non-U.S. broker-dealers and prime brokers
 Early redemptions from investors holding a large percentage of a fund which may have a negative impact on a fund’s value
 Failure to effectively monitor and update algorithmic trading systems
 Index contracts risks such as risk of default and illiquidity
 Interest rate, currency and exchange rate volatility and unpredictability
 Trading model risks such as inaccuracy of assumptions used to formulate inputs, systems failures, and unpredictability of markets when formulating a model
 Systemic risks associated with the use of quantitative models which may cause the model to sustain greater losses than other methods of analysis and trading
 Risks of trade errors caused by errors or malfunctions in an algorithmic model
 Reliance upon third parties for timely market data for model inputs
 Non-U.S. securities risks not typically associated with U.S. securities (such as currency fluctuations, lower liquidity, economic and political risks and differences in
accounting methods) and special risks associated with non-U.S. brokers
 Exchange traded funds and similar instruments which may decline even with a broadly-based portfolio of stocks
 Volatility and unpredictability of equity securities
 Forward contracts price movement and lack of protection compared to other investments
 General market volatility
 Lack of distributions
 Operational risk, including transaction costs, inaccuracy of valuations, trade errors, broker insolvency risk and some potential illiquidity
 Risks associated with investment authority and performance allocations, which may incentivize trading strategies with greater risks
 Investor side letters which give certain limited partners special rights which may negatively impact other investors in a fund