Northrop Grumman Pension Master Trust - 25 Jul 2025 Form 3 Insider Report for EP Private Capital Fund I

Role: 10%+ Owner
Signature: /s/Johnett Ryans, Director, Investment Operations and Compliance
Transactions as of: 25 Jul 2025
Net transactions value: $0
Form type: 3
Filing time: 25 Jul 2025, 15:42:54 UTC
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Northrop Grumman Pension Master Trust	10%+ Owner	1960 EAST GRAND AVENUE, SUITE 900, EL SEGUNDO	/s/Johnett Ryans, Director, Investment Operations and Compliance	25 Jul 2025	0002075645

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding		Shares of beneficial interest						500,000	25 Jul 2025	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person is and will remain the sole holder of equity interests in EP Private Capital Fund I (the "Issuer"). Pursuant to a subscription agreement entered into between the Reporting Person and the Issuer, the Reporting Person is required to contribute additional capital to the Issuer upon receipt of notifications from the Issuer. Subject to certain conditions, the Reporting Person may also redeem equity interests in the Issuer. To the extent that the Reporting Person continues to hold all outstanding equity securities of the Issuer at all times, it does not intend to make subsequent filings pursuant to Section 16(a) of the Securities Exchange Act of 1934.

Content

The Reporting Person is and will remain the sole holder of equity interests in EP Private Capital Fund I (the "Issuer"). Pursuant to a subscription agreement entered into between the Reporting Person and the Issuer, the Reporting Person is required to contribute additional capital to the Issuer upon receipt of notifications from the Issuer. Subject to certain conditions, the Reporting Person may also redeem equity interests in the Issuer. To the extent that the Reporting Person continues to hold all outstanding equity securities of the Issuer at all times, it does not intend to make subsequent filings pursuant to Section 16(a) of the Securities Exchange Act of 1934.