INVESTMENT SUB-ADVISORY AGREEMENTInvestment Sub-Advisory Agreement • June 1st, 2016 • Hatteras Core Alternatives TEI Institutional Fund, L.P. • Delaware
Contract Type FiledJune 1st, 2016 Company JurisdictionAGREEMENT, dated as of [ ], 2016 by and among Hatteras Master Fund, L.P. (the “Fund”), Hatteras Funds, LLC, a Delaware limited liability company (the “Adviser”), and Morgan Creek Capital Management, LLC, a North Carolina limited liability company (“MCCM”).