Versus Capital Multi-Manager Real Estate Income Fund

(Ticker: VCMIX)

Private Real Estate Equity and Debt

Versus Capital Multi-Manager Real Estate Income Fund LLC, (the “Fund”), is a continuously offered closed-end interval fund, registered under the
Investment Company Act of 1940. The Fund is designed to serve as a core real estate holding and provides exposure to the broad capital structure of
the asset class including private equity and debt and public equity and debt. The Fund gains its exposures through investments with institutional
private and public real estate managers.

Versus Capital Real Assets Fund

(Ticker: VCRRX)

Global Infrastructure, Timberland and Agriculture/Farmland

Versus Capital Real Assets Fund LLC, (the “Fund”), is a continuously offered closed-end interval fund, registered under the Investment Company Act of
1940. The Fund is designed to serve as a core real assets holding and provides exposure to private infrastructure, private farmland, private
timberland and public real assets by investing in institutional private real assets funds and institutional real assets securities managers.