0001144204-14-037077 Sample Contracts

SUBADVISORY AGREEMENT
Subadvisory Agreement • June 11th, 2014 • Private Advisors Alternative Strategies Fund • New York

This Subadvisory Agreement, made as of the 23rd day of April, 2012 (the “Agreement”), between New York Life Investment Management LLC, a Delaware limited liability company (the “Manager”) and Private Advisors, LLC, a Delaware limited liability company (the “Subadvisor”).

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