X0306 4 2020-03-31 0 0001589390 Evanston Alternative Opportunities Fund NONE 0001600524 Fehrs Don C/O EVANSTON CAPITAL MANAGEMENT, LLC 1560 SHERMAN AVENUE, SUITE 960 EVANSTON IL 60201 0 0 0 1 Portfolio Manager Class I common shares of beneficial interest 2020-03-31 4 S 0 11854.483 9.4855 D 0 D This figure is approximate. Due to the timing of the Fund's determination of its net asset value, the price per share of Fund that correspond to this sale cannot be determined at the time of this filing. /s/ Scott Zimmerman Attorney-in-Fact 2020-04-01