CNX Midstream Partners LP

Cushing Asset Management primarily invests client accounts in the following types of investments: Upstream Energy Companies, Midstream Energy Companies, Downstream Energy Companies, and North American Renaissance Companies.The firm generally makes equity investments in a mix of publicly traded securities and non-readily marketable securities that may be issued by public or private companies. The firm may seek to hedge certain risks such as overall market, interest rate and commodity price risk through the use of derivative contracts. In pursuing these investment strategies, Cushing may purchase or sell exchange-listed and over-the counter put and call options on securities, equity and fixed-income indices and other instruments, purchase and sell futures contracts and options thereon, and enter into various transactions such as swaps, caps, floors or collars. They may also invest in securities of closed-end or open-end registered investment companies (including ETFs), as well as exchange traded notes (ETNs) which seek to track the total return of an underlying index or benchmark. In addition, certain portfolios may seek to increase current income and capital appreciation by utilizing leverage through the issuance of commercial paper or notes and other forms of borrowing.Cushing offers three investment strategies for managed accounts: MLP Alpha Total Return, MLP Core, MLP High Income, and Renaissance. The MLP Alpha Total Return Strategy invests in a portfolio of primarily midstream MLPs seeking toproduce a high after-tax total return through a combination of growth and current income. The MLP Core Strategy invests in a portfolio of primarily larger capitalization publicly-traded midstream MLPs with a focus on a balance of growth and current income. The MLP High Income Strategy invests in a portfolio of primarily midstream MLPs with a focus on current income. The Renaissance Strategy invests in a portfolio of North American \"Renaissance\" companies with a focus on total return.

HITE Hedge Asset Management focuses exclusively on relative-value trading of master limited partnership and related securities (MLPs). In their hedged portfolios, where they are both long and short MLPs, they focus on minimizing the risks related to being long MLPs, and attempt to generate returns uncorrelated with any asset class. The firm also has a long-only unlevered trading strategy in MLPs for investors seeking unhedged exposure toMLPs that employs the same value-oriented analysis to identify trading and investing opportunities.

Eagle Global Advisors manages investment portfolios of domestic equity, international equity, global equity, master limited partnerships, domestic fixed-income securities, and special situations.Eagle Global's investment process for Domestic, Global, and International Equities incorporates both top-down and bottom-up elements and is designed to identify companies with improving growth prospects that have not been incorporated into current valuations. The firm employs a series of quantitative multifactor models that are used to provide both top-down and bottom up analysis. The models provide directional guidance towards countries, sectors and stocks with improving prospects. In addition, company-specific ideas are subjected to traditional fundamental analysis including a qualitative analysis of a company's competitive strengths, weaknesses and industry positioning as well as the company's management strength and integrity.Eagle Global's MLP Strategy investments are determined through traditional fundamental analysis. Financial models, analyst research and meetings with company management are used to select attractive MLPs and MLP related corporations. The MLP Strategy focuses on investing in units of master limited partnerships, corporations that own and invest in MLP and infrastructure related assets, based on each unit's anticipated total return potential and risk characteristics. Investment decisions are made at the discretion of the MLP portfolio manager upon recommendations made by the MLP investment team.The Eagle Global Special Situations Strategy identifies investment opportunities through quantitative and fundamental analysis and purchases and holds investments which are believed to have significant total return potential. The holding period for each investment may vary and in some cases may last for years before being liquidated.