REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM






Board of Managers and Members
Infinity Long/Short Equity Fund, LLC
In planning and performing our audit of the financial
statements of Infinity Long/Short Equity Fund, LLC
(the Fund) as of and for the year ended March 31,
2021, in accordance with the standards of the Public
Company Accounting Oversight Board (United
States), we considered the Funds internal control
over financial reporting, including controls over
safeguarding securities, as a basis for designing
audit procedures for the purpose of expressing an
opinion on the financial statements and to comply
with the requirements of Form N-CEN, but not for the
purpose of expressing an opinion on the
effectiveness of the Funds internal control over
financial reporting. Accordingly, we express no such
opinion.

Management of the Fund is responsible for
establishing and maintaining effective internal control
over financial reporting. In fulfilling this responsibility,
estimates and judgments by management are
required to assess the expected benefits and related
costs of controls. A funds internal control over
financial reporting is a process designed to provide
reasonable assurance regarding the reliability of
financial reporting and the preparation of financial
statements for external purposes in accordance with
generally accepted accounting principles. A funds
internal control over financial reporting includes
those policies and procedures that (1) pertain to the
maintenance of records that, in reasonable detail,
accurately and fairly reflect the transactions and
dispositions of the assets of the fund; (2) provide
reasonable assurance that transactions are recorded
as necessary to permit preparation of financial
statements in accordance with generally accepted
accounting principles, and that receipts and
expenditures of the fund are being made only in
accordance with authorizations of management and
directors of the fund; and (3) provide reasonable
assurance regarding prevention or timely detection
of unauthorized acquisition, use, or disposition of the
funds assets that could have a material effect on the
financial statements.

Because of its inherent limitations, internal control
over financial reporting may not prevent or detect
misstatements. Also, projections of any evaluation of
effectiveness to future periods are subject to the risk
that controls may become inadequate because of
changes in conditions, or the degree of compliance
with policies and procedures may deteriorate.
A deficiency in internal control over financial
reporting exists when the design or operation of a
control does not allow management or employees, in
the normal course of performing their assigned
functions, to prevent or detect misstatements on a
timely basis. A material weakness is a deficiency, or
a combination of deficiencies, in internal control over
financial reporting, such that there is a reasonable
possibility that a material misstatement of the funds
annual or interim financial statements will not be
prevented or detected on a timely basis.

Our consideration of the funds internal control over
financial reporting was for the limited purpose
described in the first paragraph and would not
necessarily disclose all deficiencies in internal
control over financial reporting that might be material
weaknesses under standards established by the
Public Company Accounting Oversight Board
(United States). However, we noted no deficiencies
in the funds internal control over financial reporting
and its operation, including controls over
safeguarding securities, which we consider to be
material weaknesses as defined above as of March
31, 2021.

This report is intended solely for the information and
use of management and the Board of Managers of
Infinity Long/Short Equity Fund, LLC and the U.S.
Securities and Exchange Commission, and is not
intended to be and should not be used by anyone
other than these specified parties.
/s/ GRANT THORNTON LLP
Chicago, Illinois
May 27, 2021