Firm People Principal Investing Advisory Services OPPORTUNITIES FOR EMERGING MANAGERS Nearly a century after he created the first investment business of its kind, Carl Marks’s entrepreneurial spirit lives on through supporting promising investment managers. Our firm has a long history of successfully incubating investment businesses, and we are proud to continue that tradition today. We use our platform to invest with others by creating mutually beneficial partnerships. We seed emerging managers, but our value comes from more than just our invested capital. From physical space and back-office support to unfettered access to the deep expertise of our colleagues to affiliation with an established brand name, we provide what even the best manager cannot create immediately: a home. We continually seek emerging managers interested in partnering with Carl Marks to help launch or perpetuate their investment businesses. We are open to proposals across asset classes and industries. Our emphasis above all is on the principals’ reputation. PEOPLE CONTACT SITEMAP CONTACT PRIVACY © 2021 Carl Marks & Co. Inc. All rights reserved. CARL MARKS® and CARL MARKS—CREATING VALUE ® are registered trademarks of Carl Marks & Co. Inc.

Firm People Principal Investing Advisory Services CM EQUITY PARTNERS CM Equity Partners has made private equity investments under Carl Marks’s roof since 1992. CM Equity Partners focuses on investments in the Federal services and aerospace & defense sectors. For more than two decades, CM Equity Partners has been providing growth capital, funding management buyouts and supporting recapitalizations in the Federal services and aerospace & defense sectors. We partner with management teams to build value in our investment companies by leveraging our industry knowledge, relationships, operating experience and our corporate finance, M&A and private equity expertise. We are flexible with our investment horizon and investment position (majority or minority) and we invest across a broad spectrum of the capital structure, including equity, structured equity and mezzanine debt. EXTERNAL SITE > PEOPLE CONTACT CMEQUITY.COM SITEMAP CONTACT PRIVACY © 2021 Carl Marks & Co. Inc. All rights reserved. CARL MARKS® and CARL MARKS—CREATING VALUE ® are registered trademarks of Carl Marks & Co. Inc.

Firm People Principal Investing Advisory Services CARL MARKS MANAGEMENT COMPANY Since 1987, Carl Marks Management Company (CMMC) has managed investment funds focused on distressed credit opportunities and special situations. CMMC’s experienced team typically invests in the loans and bonds of middle-market companies. We pursue investments in undervalued debt securities and other instruments that can earn superior, risk-adjusted returns. CMMC’s funds are long only and do not employ leverage. The funds include significant personal investment from our principals, and the investment horizon is long term. PEOPLE CONTACT SITEMAP CONTACT PRIVACY © 2021 Carl Marks & Co. Inc. All rights reserved. CARL MARKS® and CARL MARKS—CREATING VALUE ® are registered trademarks of Carl Marks & Co. Inc.