The Alpha Cooperative, LLC (“TAC”) has developed a customized managed account platform with open architecture for the investor looking to add additional emerging manager exposure to their portfolio’s. TAC can act as the Investment Manager and fiduciary to the managed account platform. TAC will provide risk management, reporting and performance metrics across all the sub managers

1. CURRENT EADDED SOLUTION FOR THE HEDGE FUND ALLOCATOR
A VALUE NVIRONMENT FOR ALTERNATIVE INVESTMENTS
Differentiating factors like manager selection, fiduciary status, reduced fees, institutional operations and
increased transparency elevate a hedge fund allocator’s offering for institutional clients.
Manager Selection: The Alpha Cooperative, LLC (“TAC”) supports investors by offering a customized managed account
platform with an open manager selection process which is controlled by the allocator. Investors are able to gain access to
smaller, better performing managers without the business risk associated with emerging managers. Portfolio exposures
and risk are monitored on a live basis. A TAC strategic partner can arrange for a risk overlay to complete a needed hedge
or dissolve over exposure in certain securities and sectors.
Fiduciary Status: TAC can act as the Investment Manager and co-fiduciary to the allocator’s managed account platform.
Allocators may request that TAC join the Board of Directors and Risk & Valuation Committee’s for the fund. Allocators will
at all times retain responsibility for asset allocation and portfolio management.
Reduced Fees: The current asset raising environment offers increased opportunity for managed accounts with talented
portfolio managers. Traditional managed accounts can be negotiated with lower fees allowing for enhanced returns.
Institutional Operations: TAC acts as the operational staff, shadowing the efforts of the administrator and managing
books and records. TAC will also go on record as the funds Chief Compliance Officer and provides a full compliance
program. TAC can also support the investor with the administrative work involved in the manager due diligence process.
Increased Transparency: InfraHedge provides risk management reporting and performance metrics across all managers.
Transparency reports are produced on an aggregate basis as well as per underlying trading advisor. The data is analyzed
for disclosure breaches and monitored for impending infractions to risk parameters.

2. A FULLY CUSTOMIZED MANAGED ACCOUNT SOLUTION FOR ALLOCATORS
Hedge Fund Allocator
e.g. Pensions, Endowments, Foundations, Manager Selection
Consultants, FoFs, Family Offices, etc.
Independent Allocator’s Fund TAC Fiduciary Status
Board of Directors Customized Managed Accounts Co-Fiduciary
Allocator Selected Trading Advisors / Fees Negotiated
Reduced Fees
TAC Services (Accounting, Operations, Compliance, Risk Management and IR) Institutional Operations
InfraHedge Services (Technology, Data Management, Analytics and Risk Reporting) Increased Transparency
Administrator Prime Broker Auditor
About The Alpha Cooperative LLC and InfraHedge
The Alpha Cooperative, LLC provides a comprehensive, turn-key, institutional infrastructure, partnering with firms
throughout their lifecycle to facilitate attracting institutional capital.
InfraHedge, a subsidiary of State Street Corporation is a managed account platform designed as a plug and play operational
and risk infrastructure that allows asset managers to design and deploy their own managed account program.
The Alpha Cooperative – Controlling Business, Operational and Complexity Risk