OTHER PROGRAMS MANAGED BY OUR INVESTMENT MANAGER OR ITS AFFILIATES

This section contains information concerning the historical experience of certain equipment leasing and finance programs managed by our Investment Manager or its affiliates. Investors in SQN AIF IV, L.P. should not assume that they will experience returns, if any, comparable to those experienced by investors in any equipment leasing and finance program managed by our Investment Manager or its affiliates. Investors who purchase units will not thereby acquire any ownership or other interest in any partnership to which the following information relates or in any other of our affiliates.

Our Investment Manager and its affiliates sponsored four private equipment leasing and finance programs and one publicly registered equipment leasing and finance program in the last ten years. Four of the five programs sponsored by our Investment Manager or its affiliates are programs with investment objectives similar to our investment objectives. The information presented in this section and in the Prior Performance Tables included as Appendix B represents historical results of equipment funds sponsored by our Investment Manager. The purpose of this prior performance information is to enable you to evaluate accurately the experience of our Investment Manager and its affiliates. The following discussion is intended to briefly summarize information concerning the Prior Funds.

SQN I was created in December 2007 and our Investment Manager serves as its investment manager. SQN I had its final closing in March 2009, with total offering proceeds of approximately $7,000,000 from 84 investors. SQN II was created in April 2009 and our Investment Manager serves as its investment manager. SQN II had its final closing in June 2010, with total offering proceeds of approximately $6,900,000 from 95 investors. SQN SOF was created in September 2010 and our Investment Manager serves as its investment manager. SQN SOF had its final closing in September 2012, with total offering proceeds of approximately $7,700,000 from 71 investors. SQN III is a publicly registered program and was created in March 2010 and our Investment Manager serves as its investment manager. SQN III had its final closing in March 2013, with total offering proceeds of approximately $27,860,000 from 374 investors. SQN PAC was created in November 2013 and our Investment Manager serves as its investment manager. SQN PAC had its first closing in August 2014. As of December 31, 2014, SQN PAC had raised approximately $9,255,000 from 73 investors. The offering period for SQN PAC will end on August 15, 2015 unless the offering is terminated earlier. As of December 31, 2014, no unit holder of any Prior Fund had experienced a dilution of net tangible asset value. Each of the Prior Funds have strictly adhered to the selection criteria regarding the investment of offering proceeds set forth in each Prior Fund’s offering materials.

According to their respective offering materials, these programs expect to sell or otherwise dispose of all of their respective assets on an orderly basis and liquidate during the time periods set forth below, which are not binding on the programs under their respective partnership agreements:

• SQN I — during a four-year liquidation period that began on February 12, 2011 and is anticipated to end on December 31, 2015.

• SQN II — during a four-year liquidation period that began on April 15, 2012 and is anticipated to end on April 14, 2016.

• SQN SOF — during an anticipated five-year liquidation period scheduled to begin on September 15, 2015 and ending on September 14, 2020.

• SQN III — during an anticipated four-year liquidation period that began on June 29, 2014 and is anticipated to end on June 28, 2018.

• SQN PAC — during an anticipated six-year liquidation period scheduled to begin on January 15, 2017 and ending on January 15, 2023.

As of December 31, 2014, the Prior Funds had originated or acquired investments, and their investment portfolios were, as follows:

Investments Originated or Acquired from Commencement of Operations Through December 31, 2014

(All amounts in U.S. Dollars of Original Acquisition Cost)

Fund Leased Equipment Other Transactions Total Investments

____________________________________ _____________ _____________ ____________ SQN I . . . $ 7,759,800 $ 75,000 $ 7,834,800 SQN II . . . 9,568,594 1,323,113 10,891,707 SQN SOF . . . 3,140,742 4,608,481 7,749,223 SQN III . . . 13,808,449 20,143,502 33,951,951 SQN PAC . . . __________ __________ __________ — 8,579,063 8,579,063 Total . . . $34,277,585 __________ __________ ____________________ __________ __________$34,729,159 $69,006,744

Investment Portfolio at December 31, 2014

Fund Leased Equipment Other Transactions Total Investments

____________________________________ _____________ _____________ ____________ SQN I . . . $ 4,733,177 $ — $ 4,733,177 SQN II . . . 473,954 1,323,113 1,797,067 SQN SOF . . . 2,736,762 4,608,481 7,345,243 SQN III . . . 6,270,024 15,201,787 21,471,811 SQN PAC . . . __________ __________ __________— 8,579,063 8,579,063 Total . . . $14,213,917 _{__________ __________ ____________________ __________ __________} $29,712,444 $43,926,361

Set forth below for SQN I, SQN II, SQN III and SQN PAC are charts of their respective aggregate portfolio investments broken out by equipment type and by business type as of December 31, 2014. SQN SOF’s portfolio is comprised entirely of modular accommodations; therefore, set forth below is also a chart of SQN SOF’s portfolio broken out only by industry type as of December 31, 2014. SQN SOF is a direct participation program designed to make investments in modular accommodations and panelized structures used as classrooms, dormitories, hospitals, nurseries, clinics and government facilities and programs. As such, its investments are much narrower and therefore differ from the other Prior Funds. The charts for SQN SOF and SQN PAC will vary from time to time for each of those programs as investments in their portfolios mature and reinvestments are made. The charts for SQN I, SQN II and SQN III represent the fully invested portfolio of each fund prior to their respective liquidation periods. The charts below combine operating leases, full payout leases and secured financings for summary purposes. Additional information concerning the assets purchased by four of the Prior Funds is set forth in Table VI of Part II to the registration statement of which this prospectus forms a part, a copy of which we will provide upon request, without charge.

Modular Accommodations 15% Retail Equipment 2% Medical Equipment 9% IT Infrastructure 34%

Furniture and Fixtures 8% Agricultural Equipment 32% Industrial Equipment >1%

Equipment Type

Industry Type

Modular Accommodation 23%

IT Infrastructure 12%

Hydro Electric Generation Plant 12%

Furniture and Fixtures 26%

Anaerobic Digestion Plant 2%

Aircraft Rotables 9% Agricultural Equipment

16%

Equipment Type

SQN II Portfolio