| Fairway Private Equity & Venture Capital Opportunities Fund |
| PORTFOLIO OF INVESTMENTS (Unaudited) |
| June 30, 2022 |
| Shares | | | % of Net Assets | | Fair Value |
| | | COMMON STOCK - 84.4% | | | |
| | | PUBLIC MANAGERS - 23.9% | | | |
| 7,000 | | Apollo Global Management | 3.7% | | $339,360 |
| 10,000 | | Blackstone Group LP (The) | 9.9% | | 912,300 |
| 9,500 | | Carlyle Group (The) | 3.3% | | 300,770 |
| 14,000 | | KKR & Company, Inc. | 7.0% | | 648,060 |
| | | TOTAL COMMON STOCK (Cost - $3,071,296) | 23.9% | | $2,200,490 |
| | | | | | |
| | | DIRECT INVESTMENTS - 21.8% | | | |
| | | MXV SPV MASTER LP 1 (a)(b)(c) | 10.9% | | $1,000,000 |
| | | MXV SPV MASTER LP 2 (a)(b)(c) | 10.9% | | 1,000,000 |
| | | TOTAL DIRECT INVESTMENTS (Cost - $2,020,000) | 21.8% | | $2,000,000 |
| | | | | | |
| | | PORTFOLIO FUNDS - 38.7% | | | |
| | | ASP Private Credit II (a)(b)(c) | 11.0% | | $1,008,902 |
| | | CRV SELECT FUND II, LP (a)(b)(c) | 2.8% | | 260,995 |
| | | CRV XIX, LP (a)(b)(c) | 1.1% | | 99,663 |
| | | Nextview All Access Fund (a)(b)(c) | 0.6% | | 52,211 |
| | | Thoma Bravo Fund XV-A (a)(b)(c) | 4.7% | | 429,591 |
| | | Threshold Ventures Select (a)(b)(c) | 4.5% | | 418,199 |
| | | Work-Bench Ventures Select (a)(b)(c) | 5.0% | | 455,000 |
| | | WP DVT, L.P (a)(b)(c) | 9.0% | | 824,974 |
| | | TOTAL PORTFOLIO FUNDS (Cost - $3,610,377) | 38.7% | | $3,549,535 |
| | | | | | |
| | | SHORT-TERM INVESTMENT - 13.1% | | | |
| | | MONEY MARKET FUND - 13.1% | | | |
| 1,201,854 | | Morgan Stanley Institutional Liquidity Fund - Government Fund - Institutional Class, 1.39% + | 13.1% | | $1,201,854 |
| | | TOTAL SHORT-TERM INVESTMENT (Cost - $1,201,854) | 13.1% | | $1,201,854 |
| | | | | | |
| | | TOTAL INVESTMENTS - 97.5% (Cost - $9,903,527) | 97.5% | | $8,951,879 |
| | | OTHER ASSETS IN EXCESS OF LIABILITIES - 2.5% | | | 235,989 |
| | | NET ASSETS - 100.0% | | | $9,187,868 |
| | | | | | |
| | | | | | |
| LP - Limited Partnership | | | |
| (a) Non-income producing security. | | | |
| (b) Illiquid security. The total fair value of these securities as of June 30, 2022 was $5,549,535, which represents 60.5% of total net assets. |
| (c) The value of this investment has been determined in good faith under policies adopted by the Board of Trustees. |
| + Money market fund; interest rate reflects seven-day effective yield on June 30, 2022. |
