SEC Info - Graham Alternative Investment Fund II LLC - ‘10-Q’ for 9/30/19

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Graham Alternative Investment Fund II LLC – ‘10-Q’ for 9/30/19 – ‘EX-101.LAB’

On: Thursday, 11/14/19, at 3:22pm ET · For: 9/30/19 · Accession #: 1140361-19-20539 · File #: 0-53967

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

11/14/19  Graham Alternative Inv Fd II LLC  10-Q        9/30/19   35:3.8M                                   Broadridge Fin’l So… Inc

Quarterly Report — Form 10-Q — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    987K 
 2: EX-31.1     Certification -- §302 - SOA'02                      HTML     18K 
 3: EX-31.2     Certification -- §302 - SOA'02                      HTML     18K 
 4: EX-32.1     Certification -- §906 - SOA'02                      HTML     14K 
27: R1          Document and Entity Information                     HTML     43K 
12: R2          Consolidated Statements of Financial Condition      HTML     40K 
                (Unaudited)                                                      
19: R3          Consolidated Statements of Financial Condition      HTML     22K 
                (Unaudited) (Parenthetical)                                      
34: R4          Consolidated Statements of Operations (Unaudited)   HTML     46K 
29: R5          Consolidated Statements of Changes in Members'      HTML     45K 
                Capital (Unaudited)                                              
14: R6          Consolidated Statements of Cash Flows (Unaudited)   HTML     45K 
21: R7          Organization and Business                           HTML     21K 
35: R8          Summary of Significant Accounting Policies          HTML     24K 
25: R9          Capital Accounts                                    HTML     17K 
22: R10         Fees and Related Party Transactions                 HTML     19K 
15: R11         Income Taxes                                        HTML     17K 
28: R12         Financial Highlights                                HTML    106K 
33: R13         Subsequent Events                                   HTML     15K 
20: R14         Summary of Significant Accounting Policies          HTML     40K 
                (Policies)                                                       
13: R15         Fees and Related Party Transactions (Tables)        HTML     15K 
26: R16         Financial Highlights (Tables)                       HTML    107K 
32: R17         Organization and Business (Details)                 HTML     14K 
18: R18         Summary of Significant Accounting Policies          HTML     20K 
                (Details)                                                        
16: R19         Capital Accounts (Details)                          HTML     29K 
30: R20         Fees and Related Party Transactions (Details)       HTML     37K 
31: R21         Financial Highlights (Details)                      HTML     58K 
23: R22         Subsequent Events (Details)                         HTML     15K 
11: XML         IDEA XML File -- Filing Summary                      XML     55K 
17: EXCEL       IDEA Workbook of Financial Reports                  XLSX     30K 
 5: EX-101.INS  XBRL Instance -- gaifb-20190930                      XML    606K 
 7: EX-101.CAL  XBRL Calculations -- gaifb-20190930_cal              XML     61K 
 8: EX-101.DEF  XBRL Definitions -- gaifb-20190930_def               XML    186K 
 9: EX-101.LAB  XBRL Labels -- gaifb-20190930_lab                    XML    520K 
10: EX-101.PRE  XBRL Presentations -- gaifb-20190930_pre             XML    293K 
 6: EX-101.SCH  XBRL Schema -- gaifb-20190930                        XSD     75K 
24: ZIP         XBRL Zipped Folder -- 0001140361-19-020539-xbrl      Zip     65K

‘EX-101.LAB’ — XBRL Labels — gaifb-20190930_lab

This Exhibit is an XBRL XML File.

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<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrli="http://www.xbrl.org/2003/instance">

<link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel"/>

<link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel"/>

<link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel"/>

<link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel"/>

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<link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel"/>

<link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel"/>

<link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AmendmentFlag" xlink:label="AmendmentFlag" xlink:title="AmendmentFlag"/>

<link:label xlink:type="resource" xlink:label="dei_AmendmentFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_AmendmentFlag_lbl" xml:lang="en-US" id="dei_AmendmentFlag_lbl"> Amendment Flag </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" xlink:title="label: AmendmentFlag to dei_AmendmentFlag_lbl"/>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="CurrentFiscalYearEndDate" xlink:title="CurrentFiscalYearEndDate"/>

<link:label xlink:type="resource" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US" id="dei_CurrentFiscalYearEndDate_lbl"> Current Fiscal Year End Date </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl" xlink:title="label: CurrentFiscalYearEndDate to dei_CurrentFiscalYearEndDate_lbl"/>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="DocumentPeriodEndDate" xlink:title="DocumentPeriodEndDate"/>

<link:label xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US" id="dei_DocumentPeriodEndDate_lbl"> Document Period End Date </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" xlink:title="label: DocumentPeriodEndDate to dei_DocumentPeriodEndDate_lbl"/>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityDomain" xlink:label="EntityDomain" xlink:title="EntityDomain"/>

<link:label xlink:type="resource" xlink:label="dei_EntityDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityDomain_lbl" xml:lang="en-US" id="dei_EntityDomain_lbl"> Entity [Domain] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityDomain" xlink:to="dei_EntityDomain_lbl" xlink:title="label: EntityDomain to dei_EntityDomain_lbl"/>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressStateOrProvince" xlink:label="EntityAddressStateOrProvince" xlink:title="EntityAddressStateOrProvince"/>

<link:label xlink:type="resource" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityAddressStateOrProvince_lbl" xml:lang="en-US" id="dei_EntityAddressStateOrProvince_lbl"> Entity Address, State or Province </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" xlink:title="label: EntityAddressStateOrProvince to dei_EntityAddressStateOrProvince_lbl"/>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="EntityCurrentReportingStatus" xlink:title="EntityCurrentReportingStatus"/>

<link:label xlink:type="resource" xlink:label="dei_EntityCurrentReportingStatus_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US" id="dei_EntityCurrentReportingStatus_lbl"> Entity Current Reporting Status </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:title="label: EntityCurrentReportingStatus to dei_EntityCurrentReportingStatus_lbl"/>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityFilerCategory" xlink:label="EntityFilerCategory" xlink:title="EntityFilerCategory"/>

<link:label xlink:type="resource" xlink:label="dei_EntityFilerCategory_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityFilerCategory_lbl" xml:lang="en-US" id="dei_EntityFilerCategory_lbl"> Entity Filer Category </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl" xlink:title="label: EntityFilerCategory to dei_EntityFilerCategory_lbl"/>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityRegistrantName" xlink:label="EntityRegistrantName" xlink:title="EntityRegistrantName"/>

<link:label xlink:type="resource" xlink:label="dei_EntityRegistrantName_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityRegistrantName_lbl" xml:lang="en-US" id="dei_EntityRegistrantName_lbl"> Entity Registrant Name </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" xlink:title="label: EntityRegistrantName to dei_EntityRegistrantName_lbl"/>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="EntityCentralIndexKey" xlink:title="EntityCentralIndexKey"/>

<link:label xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityCentralIndexKey_lbl" xml:lang="en-US" id="dei_EntityCentralIndexKey_lbl"> Entity Central Index Key </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xlink:title="label: EntityCentralIndexKey to dei_EntityCentralIndexKey_lbl"/>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="EntityCommonStockSharesOutstanding" xlink:title="EntityCommonStockSharesOutstanding"/>

<link:label xlink:type="resource" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityCommonStockSharesOutstanding_lbl" xml:lang="en-US" id="dei_EntityCommonStockSharesOutstanding_lbl"> Entity Common Stock, Shares Outstanding </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl" xlink:title="label: EntityCommonStockSharesOutstanding to dei_EntityCommonStockSharesOutstanding_lbl"/>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="DocumentFiscalYearFocus" xlink:title="DocumentFiscalYearFocus"/>

<link:label xlink:type="resource" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US" id="dei_DocumentFiscalYearFocus_lbl"> Document Fiscal Year Focus </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" xlink:title="label: DocumentFiscalYearFocus to dei_DocumentFiscalYearFocus_lbl"/>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="DocumentFiscalPeriodFocus" xlink:title="DocumentFiscalPeriodFocus"/>

<link:label xlink:type="resource" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_DocumentFiscalPeriodFocus_lbl" xml:lang="en-US" id="dei_DocumentFiscalPeriodFocus_lbl"> Document Fiscal Period Focus </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl" xlink:title="label: DocumentFiscalPeriodFocus to dei_DocumentFiscalPeriodFocus_lbl"/>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" xlink:title="LegalEntityAxis"/>

<link:label xlink:type="resource" xlink:label="dei_LegalEntityAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_LegalEntityAxis_lbl" xml:lang="en-US" id="dei_LegalEntityAxis_lbl"> Legal Entity [Axis] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LegalEntityAxis" xlink:to="dei_LegalEntityAxis_lbl" xlink:title="label: LegalEntityAxis to dei_LegalEntityAxis_lbl"/>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentType" xlink:label="DocumentType" xlink:title="DocumentType"/>

<link:label xlink:type="resource" xlink:label="dei_DocumentType_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_DocumentType_lbl" xml:lang="en-US" id="dei_DocumentType_lbl"> Document Type </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentType" xlink:to="dei_DocumentType_lbl" xlink:title="label: DocumentType to dei_DocumentType_lbl"/>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityInteractiveDataCurrent" xlink:label="EntityInteractiveDataCurrent" xlink:title="EntityInteractiveDataCurrent"/>

<link:label xlink:type="resource" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityInteractiveDataCurrent_lbl" xml:lang="en-US" id="dei_EntityInteractiveDataCurrent_lbl"> Entity Interactive Data Current </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent_lbl" xlink:title="label: EntityInteractiveDataCurrent to dei_EntityInteractiveDataCurrent_lbl"/>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityShellCompany" xlink:label="EntityShellCompany" xlink:title="EntityShellCompany"/>

<link:label xlink:type="resource" xlink:label="dei_EntityShellCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityShellCompany_lbl" xml:lang="en-US" id="dei_EntityShellCompany_lbl"> Entity Shell Company </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl" xlink:title="label: EntityShellCompany to dei_EntityShellCompany_lbl"/>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:label="EntityEmergingGrowthCompany" xlink:title="EntityEmergingGrowthCompany"/>

<link:label xlink:type="resource" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityEmergingGrowthCompany_lbl" xml:lang="en-US" id="dei_EntityEmergingGrowthCompany_lbl"> Entity Emerging Growth Company </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" xlink:title="label: EntityEmergingGrowthCompany to dei_EntityEmergingGrowthCompany_lbl"/>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityExTransitionPeriod" xlink:label="EntityExTransitionPeriod" xlink:title="EntityExTransitionPeriod"/>

<link:label xlink:type="resource" xlink:label="dei_EntityExTransitionPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityExTransitionPeriod_lbl" xml:lang="en-US" id="dei_EntityExTransitionPeriod_lbl"> Entity Ex Transition Period </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityExTransitionPeriod" xlink:to="dei_EntityExTransitionPeriod_lbl" xlink:title="label: EntityExTransitionPeriod to dei_EntityExTransitionPeriod_lbl"/>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntitySmallBusiness" xlink:label="EntitySmallBusiness" xlink:title="EntitySmallBusiness"/>

<link:label xlink:type="resource" xlink:label="dei_EntitySmallBusiness_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntitySmallBusiness_lbl" xml:lang="en-US" id="dei_EntitySmallBusiness_lbl"> Entity Small Business </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitySmallBusiness" xlink:to="dei_EntitySmallBusiness_lbl" xlink:title="label: EntitySmallBusiness to dei_EntitySmallBusiness_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="AccountingPoliciesAbstract" xlink:title="AccountingPoliciesAbstract"/>

<link:label xlink:type="resource" xlink:label="us-gaap_AccountingPoliciesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_AccountingPoliciesAbstract_lbl" xml:lang="en-US" id="us-gaap_AccountingPoliciesAbstract_lbl"> Summary of Significant Accounting Policies [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccountingPoliciesAbstract" xlink:to="us-gaap_AccountingPoliciesAbstract_lbl" xlink:title="label: AccountingPoliciesAbstract to us-gaap_AccountingPoliciesAbstract_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:title="AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract"/>

<link:label xlink:type="resource" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US" id="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl"> Adjustments to reconcile net income to net cash provided by operating activities: </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:title="label: AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract to us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl1" xml:lang="en-US" id="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl1"> Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl1" xlink:title="label: AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract to us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_AdministrativeFeesExpense" xlink:label="AdministrativeFeesExpense" xlink:title="AdministrativeFeesExpense"/>

<link:label xlink:type="resource" xlink:label="us-gaap_AdministrativeFeesExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_AdministrativeFeesExpense_lbl" xml:lang="en-US" id="us-gaap_AdministrativeFeesExpense_lbl"> Administrator's fees </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdministrativeFeesExpense" xlink:to="us-gaap_AdministrativeFeesExpense_lbl" xlink:title="label: AdministrativeFeesExpense to us-gaap_AdministrativeFeesExpense_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_AdministrativeFeesExpense_lbl1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_AdministrativeFeesExpense_lbl1" xml:lang="en-US" id="us-gaap_AdministrativeFeesExpense_lbl1"> Administrator's fees </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdministrativeFeesExpense" xlink:to="us-gaap_AdministrativeFeesExpense_lbl1" xlink:title="label: AdministrativeFeesExpense to us-gaap_AdministrativeFeesExpense_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="AssetsAbstract" xlink:title="AssetsAbstract"/>

<link:label xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_AssetsAbstract_lbl" xml:lang="en-US" id="us-gaap_AssetsAbstract_lbl"> Assets </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsAbstract" xlink:to="us-gaap_AssetsAbstract_lbl" xlink:title="label: AssetsAbstract to us-gaap_AssetsAbstract_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_AssetsAbstract_lbl1" xml:lang="en-US" id="us-gaap_AssetsAbstract_lbl1"> Assets [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsAbstract" xlink:to="us-gaap_AssetsAbstract_lbl1" xlink:title="label: AssetsAbstract to us-gaap_AssetsAbstract_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_Assets" xlink:label="Assets" xlink:title="Assets"/>

<link:label xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_Assets_lbl" xml:lang="en-US" id="us-gaap_Assets_lbl"> Total assets </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Assets" xlink:to="us-gaap_Assets_lbl" xlink:title="label: Assets to us-gaap_Assets_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_Assets_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_Assets_lbl1" xml:lang="en-US" id="us-gaap_Assets_lbl1"> Assets </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Assets" xlink:to="us-gaap_Assets_lbl1" xlink:title="label: Assets to us-gaap_Assets_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_BasisOfAccountingPolicyPolicyTextBlock" xlink:label="BasisOfAccountingPolicyPolicyTextBlock" xlink:title="BasisOfAccountingPolicyPolicyTextBlock"/>

<link:label xlink:type="resource" xlink:label="us-gaap_BasisOfAccountingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_BasisOfAccountingPolicyPolicyTextBlock_lbl" xml:lang="en-US" id="us-gaap_BasisOfAccountingPolicyPolicyTextBlock_lbl"> Basis of Accounting </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BasisOfAccountingPolicyPolicyTextBlock" xlink:to="us-gaap_BasisOfAccountingPolicyPolicyTextBlock_lbl" xlink:title="label: BasisOfAccountingPolicyPolicyTextBlock to us-gaap_BasisOfAccountingPolicyPolicyTextBlock_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_CapitalUnitClassDomain" xlink:label="CapitalUnitClassDomain" xlink:title="CapitalUnitClassDomain"/>

<link:label xlink:type="resource" xlink:label="us-gaap_CapitalUnitClassDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_CapitalUnitClassDomain_lbl" xml:lang="en-US" id="us-gaap_CapitalUnitClassDomain_lbl"> Capital Unit, Class [Domain] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalUnitClassDomain" xlink:to="us-gaap_CapitalUnitClassDomain_lbl" xlink:title="label: CapitalUnitClassDomain to us-gaap_CapitalUnitClassDomain_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_CapitalUnitsByClassAxis" xlink:label="CapitalUnitsByClassAxis" xlink:title="CapitalUnitsByClassAxis"/>

<link:label xlink:type="resource" xlink:label="us-gaap_CapitalUnitsByClassAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_CapitalUnitsByClassAxis_lbl" xml:lang="en-US" id="us-gaap_CapitalUnitsByClassAxis_lbl"> Capital Units by Class [Axis] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalUnitsByClassAxis" xlink:to="us-gaap_CapitalUnitsByClassAxis_lbl" xlink:title="label: CapitalUnitsByClassAxis to us-gaap_CapitalUnitsByClassAxis_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_CapitalUnitClassAMember" xlink:label="CapitalUnitClassAMember" xlink:title="CapitalUnitClassAMember"/>

<link:label xlink:type="resource" xlink:label="us-gaap_CapitalUnitClassAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_CapitalUnitClassAMember_lbl" xml:lang="en-US" id="us-gaap_CapitalUnitClassAMember_lbl"> Class 0 Units [Member] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalUnitClassAMember" xlink:to="us-gaap_CapitalUnitClassAMember_lbl" xlink:title="label: CapitalUnitClassAMember to us-gaap_CapitalUnitClassAMember_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_CapitalUnitClassAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_CapitalUnitClassAMember_lbl1" xml:lang="en-US" id="us-gaap_CapitalUnitClassAMember_lbl1"> Capital Unit, Class A [Member] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalUnitClassAMember" xlink:to="us-gaap_CapitalUnitClassAMember_lbl1" xlink:title="label: CapitalUnitClassAMember to us-gaap_CapitalUnitClassAMember_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_CapitalUnitLineItems" xlink:label="CapitalUnitLineItems" xlink:title="CapitalUnitLineItems"/>

<link:label xlink:type="resource" xlink:label="us-gaap_CapitalUnitLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_CapitalUnitLineItems_lbl" xml:lang="en-US" id="us-gaap_CapitalUnitLineItems_lbl"> Capital Unit [Line Items] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalUnitLineItems" xlink:to="us-gaap_CapitalUnitLineItems_lbl" xlink:title="label: CapitalUnitLineItems to us-gaap_CapitalUnitLineItems_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_CapitalUnitClassBMember" xlink:label="CapitalUnitClassBMember" xlink:title="CapitalUnitClassBMember"/>

<link:label xlink:type="resource" xlink:label="us-gaap_CapitalUnitClassBMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_CapitalUnitClassBMember_lbl" xml:lang="en-US" id="us-gaap_CapitalUnitClassBMember_lbl"> Class 2 Units [Member] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalUnitClassBMember" xlink:to="us-gaap_CapitalUnitClassBMember_lbl" xlink:title="label: CapitalUnitClassBMember to us-gaap_CapitalUnitClassBMember_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_CapitalUnitClassBMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_CapitalUnitClassBMember_lbl1" xml:lang="en-US" id="us-gaap_CapitalUnitClassBMember_lbl1"> Capital Unit, Class B [Member] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalUnitClassBMember" xlink:to="us-gaap_CapitalUnitClassBMember_lbl1" xlink:title="label: CapitalUnitClassBMember to us-gaap_CapitalUnitClassBMember_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_CapitalUnitsOutstanding" xlink:label="CapitalUnitsOutstanding" xlink:title="CapitalUnitsOutstanding"/>

<link:label xlink:type="resource" xlink:label="us-gaap_CapitalUnitsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_CapitalUnitsOutstanding_lbl" xml:lang="en-US" id="us-gaap_CapitalUnitsOutstanding_lbl"> Capital units, outstanding (in units) </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalUnitsOutstanding" xlink:to="us-gaap_CapitalUnitsOutstanding_lbl" xlink:title="label: CapitalUnitsOutstanding to us-gaap_CapitalUnitsOutstanding_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect" xlink:label="CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect" xlink:title="CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect"/>

<link:label xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl" xml:lang="en-US" id="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl"> Net change in cash and cash equivalents </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl" xlink:title="label: CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect to us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl1" xml:lang="en-US" id="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl1"> Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl1" xlink:title="label: CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect to us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:label="CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:title="CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents"/>

<link:label xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xml:lang="en-US" id="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl"> Cash and cash equivalents, end of period </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:title="label: CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents to us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl1" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl1" xml:lang="en-US" id="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl1"> Cash and cash equivalents, beginning of period </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl1" xlink:title="label: CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents to us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl1"/>

<link:label xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl2" xml:lang="en-US" id="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl2"> Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl2" xlink:title="label: CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents to us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl2"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:label="CashAndCashEquivalentsPolicyTextBlock" xlink:title="CashAndCashEquivalentsPolicyTextBlock"/>

<link:label xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xml:lang="en-US" id="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl"> Cash and Cash Equivalents </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalentsPolicyTextBlock" xlink:to="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xlink:title="label: CashAndCashEquivalentsPolicyTextBlock to us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ConsolidationPolicyTextBlock" xlink:label="ConsolidationPolicyTextBlock" xlink:title="ConsolidationPolicyTextBlock"/>

<link:label xlink:type="resource" xlink:label="us-gaap_ConsolidationPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ConsolidationPolicyTextBlock_lbl" xml:lang="en-US" id="us-gaap_ConsolidationPolicyTextBlock_lbl"> Principles of Consolidation </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsolidationPolicyTextBlock" xlink:to="us-gaap_ConsolidationPolicyTextBlock_lbl" xlink:title="label: ConsolidationPolicyTextBlock to us-gaap_ConsolidationPolicyTextBlock_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_EquityMethodInvestmentFinancialStatementReportedAmountsAbstract" xlink:label="EquityMethodInvestmentFinancialStatementReportedAmountsAbstract" xlink:title="EquityMethodInvestmentFinancialStatementReportedAmountsAbstract"/>

<link:label xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentFinancialStatementReportedAmountsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_EquityMethodInvestmentFinancialStatementReportedAmountsAbstract_lbl" xml:lang="en-US" id="us-gaap_EquityMethodInvestmentFinancialStatementReportedAmountsAbstract_lbl"> Schedule of Equity Method Investments [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityMethodInvestmentFinancialStatementReportedAmountsAbstract" xlink:to="us-gaap_EquityMethodInvestmentFinancialStatementReportedAmountsAbstract_lbl" xlink:title="label: EquityMethodInvestmentFinancialStatementReportedAmountsAbstract to us-gaap_EquityMethodInvestmentFinancialStatementReportedAmountsAbstract_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentFinancialStatementReportedAmountsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_EquityMethodInvestmentFinancialStatementReportedAmountsAbstract_lbl1" xml:lang="en-US" id="us-gaap_EquityMethodInvestmentFinancialStatementReportedAmountsAbstract_lbl1"> Equity Method Investment, Financial Statement, Reported Amounts [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityMethodInvestmentFinancialStatementReportedAmountsAbstract" xlink:to="us-gaap_EquityMethodInvestmentFinancialStatementReportedAmountsAbstract_lbl1" xlink:title="label: EquityMethodInvestmentFinancialStatementReportedAmountsAbstract to us-gaap_EquityMethodInvestmentFinancialStatementReportedAmountsAbstract_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="EquityMethodInvestmentOwnershipPercentage" xlink:title="EquityMethodInvestmentOwnershipPercentage"/>

<link:label xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentOwnershipPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_EquityMethodInvestmentOwnershipPercentage_lbl" xml:lang="en-US" id="us-gaap_EquityMethodInvestmentOwnershipPercentage_lbl"> Ownership percentage </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityMethodInvestmentOwnershipPercentage" xlink:to="us-gaap_EquityMethodInvestmentOwnershipPercentage_lbl" xlink:title="label: EquityMethodInvestmentOwnershipPercentage to us-gaap_EquityMethodInvestmentOwnershipPercentage_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentOwnershipPercentage_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_EquityMethodInvestmentOwnershipPercentage_lbl1" xml:lang="en-US" id="us-gaap_EquityMethodInvestmentOwnershipPercentage_lbl1"> Equity Method Investment, Ownership Percentage </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityMethodInvestmentOwnershipPercentage" xlink:to="us-gaap_EquityMethodInvestmentOwnershipPercentage_lbl1" xlink:title="label: EquityMethodInvestmentOwnershipPercentage to us-gaap_EquityMethodInvestmentOwnershipPercentage_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_EquityMethodInvestmentsPolicy" xlink:label="EquityMethodInvestmentsPolicy" xlink:title="EquityMethodInvestmentsPolicy"/>

<link:label xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentsPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_EquityMethodInvestmentsPolicy_lbl" xml:lang="en-US" id="us-gaap_EquityMethodInvestmentsPolicy_lbl"> Investment in Graham Alternative Investment Trading LLC </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityMethodInvestmentsPolicy" xlink:to="us-gaap_EquityMethodInvestmentsPolicy_lbl" xlink:title="label: EquityMethodInvestmentsPolicy to us-gaap_EquityMethodInvestmentsPolicy_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentsPolicy_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_EquityMethodInvestmentsPolicy_lbl1" xml:lang="en-US" id="us-gaap_EquityMethodInvestmentsPolicy_lbl1"> Equity Method Investments [Policy Text Block] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityMethodInvestmentsPolicy" xlink:to="us-gaap_EquityMethodInvestmentsPolicy_lbl1" xlink:title="label: EquityMethodInvestmentsPolicy to us-gaap_EquityMethodInvestmentsPolicy_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_FairValueMeasurementPolicyPolicyTextBlock" xlink:label="FairValueMeasurementPolicyPolicyTextBlock" xlink:title="FairValueMeasurementPolicyPolicyTextBlock"/>

<link:label xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_FairValueMeasurementPolicyPolicyTextBlock_lbl" xml:lang="en-US" id="us-gaap_FairValueMeasurementPolicyPolicyTextBlock_lbl"> Fair Value </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueMeasurementPolicyPolicyTextBlock" xlink:to="us-gaap_FairValueMeasurementPolicyPolicyTextBlock_lbl" xlink:title="label: FairValueMeasurementPolicyPolicyTextBlock to us-gaap_FairValueMeasurementPolicyPolicyTextBlock_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementPolicyPolicyTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_FairValueMeasurementPolicyPolicyTextBlock_lbl1" xml:lang="en-US" id="us-gaap_FairValueMeasurementPolicyPolicyTextBlock_lbl1"> Fair Value Measurement, Policy [Policy Text Block] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueMeasurementPolicyPolicyTextBlock" xlink:to="us-gaap_FairValueMeasurementPolicyPolicyTextBlock_lbl1" xlink:title="label: FairValueMeasurementPolicyPolicyTextBlock to us-gaap_FairValueMeasurementPolicyPolicyTextBlock_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_FloorBrokerage" xlink:label="FloorBrokerage" xlink:title="FloorBrokerage"/>

<link:label xlink:type="resource" xlink:label="us-gaap_FloorBrokerage_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="us-gaap_FloorBrokerage_lbl" xml:lang="en-US" id="us-gaap_FloorBrokerage_lbl"> Brokerage commissions and fees </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FloorBrokerage" xlink:to="us-gaap_FloorBrokerage_lbl" xlink:title="label: FloorBrokerage to us-gaap_FloorBrokerage_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_FloorBrokerage_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_FloorBrokerage_lbl1" xml:lang="en-US" id="us-gaap_FloorBrokerage_lbl1"> Floor Brokerage </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FloorBrokerage" xlink:to="us-gaap_FloorBrokerage_lbl1" xlink:title="label: FloorBrokerage to us-gaap_FloorBrokerage_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_GainLossOnInvestmentsAbstract" xlink:label="GainLossOnInvestmentsAbstract" xlink:title="GainLossOnInvestmentsAbstract"/>

<link:label xlink:type="resource" xlink:label="us-gaap_GainLossOnInvestmentsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_GainLossOnInvestmentsAbstract_lbl" xml:lang="en-US" id="us-gaap_GainLossOnInvestmentsAbstract_lbl"> Net gain allocated from investment in Graham Alternative Investment Trading LLC </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainLossOnInvestmentsAbstract" xlink:to="us-gaap_GainLossOnInvestmentsAbstract_lbl" xlink:title="label: GainLossOnInvestmentsAbstract to us-gaap_GainLossOnInvestmentsAbstract_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_GuaranteesIndemnificationsAndWarrantiesPolicies" xlink:label="GuaranteesIndemnificationsAndWarrantiesPolicies" xlink:title="GuaranteesIndemnificationsAndWarrantiesPolicies"/>

<link:label xlink:type="resource" xlink:label="us-gaap_GuaranteesIndemnificationsAndWarrantiesPolicies_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_GuaranteesIndemnificationsAndWarrantiesPolicies_lbl" xml:lang="en-US" id="us-gaap_GuaranteesIndemnificationsAndWarrantiesPolicies_lbl"> Indemnifications </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GuaranteesIndemnificationsAndWarrantiesPolicies" xlink:to="us-gaap_GuaranteesIndemnificationsAndWarrantiesPolicies_lbl" xlink:title="label: GuaranteesIndemnificationsAndWarrantiesPolicies to us-gaap_GuaranteesIndemnificationsAndWarrantiesPolicies_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_GuaranteesIndemnificationsAndWarrantiesPolicies_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_GuaranteesIndemnificationsAndWarrantiesPolicies_lbl1" xml:lang="en-US" id="us-gaap_GuaranteesIndemnificationsAndWarrantiesPolicies_lbl1"> Guarantees, Indemnifications and Warranties Policies [Policy Text Block] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GuaranteesIndemnificationsAndWarrantiesPolicies" xlink:to="us-gaap_GuaranteesIndemnificationsAndWarrantiesPolicies_lbl1" xlink:title="label: GuaranteesIndemnificationsAndWarrantiesPolicies to us-gaap_GuaranteesIndemnificationsAndWarrantiesPolicies_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncentiveFeeExpense" xlink:label="IncentiveFeeExpense" xlink:title="IncentiveFeeExpense"/>

<link:label xlink:type="resource" xlink:label="us-gaap_IncentiveFeeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_IncentiveFeeExpense_lbl" xml:lang="en-US" id="us-gaap_IncentiveFeeExpense_lbl"> Incentive Allocation allocated to the Fund by GAIT </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncentiveFeeExpense" xlink:to="us-gaap_IncentiveFeeExpense_lbl" xlink:title="label: IncentiveFeeExpense to us-gaap_IncentiveFeeExpense_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_IncentiveFeeExpense_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_IncentiveFeeExpense_lbl1" xml:lang="en-US" id="us-gaap_IncentiveFeeExpense_lbl1"> Incentive Fee Expense </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncentiveFeeExpense" xlink:to="us-gaap_IncentiveFeeExpense_lbl1" xlink:title="label: IncentiveFeeExpense to us-gaap_IncentiveFeeExpense_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="IncomeTaxDisclosureAbstract" xlink:title="IncomeTaxDisclosureAbstract"/>

<link:label xlink:type="resource" xlink:label="us-gaap_IncomeTaxDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_IncomeTaxDisclosureAbstract_lbl" xml:lang="en-US" id="us-gaap_IncomeTaxDisclosureAbstract_lbl"> Income Taxes [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxDisclosureAbstract" xlink:to="us-gaap_IncomeTaxDisclosureAbstract_lbl" xlink:title="label: IncomeTaxDisclosureAbstract to us-gaap_IncomeTaxDisclosureAbstract_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncomeLossAttributableToParent" xlink:label="IncomeLossAttributableToParent" xlink:title="IncomeLossAttributableToParent"/>

<link:label xlink:type="resource" xlink:label="us-gaap_IncomeLossAttributableToParent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_IncomeLossAttributableToParent_lbl" xml:lang="en-US" id="us-gaap_IncomeLossAttributableToParent_lbl"> Net income </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeLossAttributableToParent" xlink:to="us-gaap_IncomeLossAttributableToParent_lbl" xlink:title="label: IncomeLossAttributableToParent to us-gaap_IncomeLossAttributableToParent_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_IncomeLossAttributableToParent_lbl1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_IncomeLossAttributableToParent_lbl1" xml:lang="en-US" id="us-gaap_IncomeLossAttributableToParent_lbl1"> Net income (loss) </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeLossAttributableToParent" xlink:to="us-gaap_IncomeLossAttributableToParent_lbl1" xlink:title="label: IncomeLossAttributableToParent to us-gaap_IncomeLossAttributableToParent_lbl1"/>

<link:label xlink:type="resource" xlink:label="us-gaap_IncomeLossAttributableToParent_lbl2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_IncomeLossAttributableToParent_lbl2" xml:lang="en-US" id="us-gaap_IncomeLossAttributableToParent_lbl2"> Net income </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeLossAttributableToParent" xlink:to="us-gaap_IncomeLossAttributableToParent_lbl2" xlink:title="label: IncomeLossAttributableToParent to us-gaap_IncomeLossAttributableToParent_lbl2"/>

<link:label xlink:type="resource" xlink:label="us-gaap_IncomeLossAttributableToParent_lbl3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_IncomeLossAttributableToParent_lbl3" xml:lang="en-US" id="us-gaap_IncomeLossAttributableToParent_lbl3"> Income (Loss) Attributable to Parent, before Tax </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeLossAttributableToParent" xlink:to="us-gaap_IncomeLossAttributableToParent_lbl3" xlink:title="label: IncomeLossAttributableToParent to us-gaap_IncomeLossAttributableToParent_lbl3"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="IncomeStatementAbstract" xlink:title="IncomeStatementAbstract"/>

<link:label xlink:type="resource" xlink:label="us-gaap_IncomeStatementAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_IncomeStatementAbstract_lbl" xml:lang="en-US" id="us-gaap_IncomeStatementAbstract_lbl"> Consolidated Statements of Operations [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeStatementAbstract" xlink:to="us-gaap_IncomeStatementAbstract_lbl" xlink:title="label: IncomeStatementAbstract to us-gaap_IncomeStatementAbstract_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncomeTaxDisclosureTextBlock" xlink:label="IncomeTaxDisclosureTextBlock" xlink:title="IncomeTaxDisclosureTextBlock"/>

<link:label xlink:type="resource" xlink:label="us-gaap_IncomeTaxDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_IncomeTaxDisclosureTextBlock_lbl" xml:lang="en-US" id="us-gaap_IncomeTaxDisclosureTextBlock_lbl"> Income Taxes </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxDisclosureTextBlock" xlink:to="us-gaap_IncomeTaxDisclosureTextBlock_lbl" xlink:title="label: IncomeTaxDisclosureTextBlock to us-gaap_IncomeTaxDisclosureTextBlock_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_IncomeTaxDisclosureTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_IncomeTaxDisclosureTextBlock_lbl1" xml:lang="en-US" id="us-gaap_IncomeTaxDisclosureTextBlock_lbl1"> Income Tax Disclosure [Text Block] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxDisclosureTextBlock" xlink:to="us-gaap_IncomeTaxDisclosureTextBlock_lbl1" xlink:title="label: IncomeTaxDisclosureTextBlock to us-gaap_IncomeTaxDisclosureTextBlock_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_InterestExpense" xlink:label="InterestExpense" xlink:title="InterestExpense"/>

<link:label xlink:type="resource" xlink:label="us-gaap_InterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_InterestExpense_lbl" xml:lang="en-US" id="us-gaap_InterestExpense_lbl"> Interest expense </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpense" xlink:to="us-gaap_InterestExpense_lbl" xlink:title="label: InterestExpense to us-gaap_InterestExpense_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_InterestIncomeOperating" xlink:label="InterestIncomeOperating" xlink:title="InterestIncomeOperating"/>

<link:label xlink:type="resource" xlink:label="us-gaap_InterestIncomeOperating_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_InterestIncomeOperating_lbl" xml:lang="en-US" id="us-gaap_InterestIncomeOperating_lbl"> Interest income </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestIncomeOperating" xlink:to="us-gaap_InterestIncomeOperating_lbl" xlink:title="label: InterestIncomeOperating to us-gaap_InterestIncomeOperating_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_InterestIncomeOperating_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_InterestIncomeOperating_lbl1" xml:lang="en-US" id="us-gaap_InterestIncomeOperating_lbl1"> Interest Income, Operating </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestIncomeOperating" xlink:to="us-gaap_InterestIncomeOperating_lbl1" xlink:title="label: InterestIncomeOperating to us-gaap_InterestIncomeOperating_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_InvestmentCompanyTotalReturnAfterIncentiveFees" xlink:label="InvestmentCompanyTotalReturnAfterIncentiveFees" xlink:title="InvestmentCompanyTotalReturnAfterIncentiveFees"/>

<link:label xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyTotalReturnAfterIncentiveFees_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_InvestmentCompanyTotalReturnAfterIncentiveFees_lbl" xml:lang="en-US" id="us-gaap_InvestmentCompanyTotalReturnAfterIncentiveFees_lbl"> Total return after Incentive Allocation </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentCompanyTotalReturnAfterIncentiveFees" xlink:to="us-gaap_InvestmentCompanyTotalReturnAfterIncentiveFees_lbl" xlink:title="label: InvestmentCompanyTotalReturnAfterIncentiveFees to us-gaap_InvestmentCompanyTotalReturnAfterIncentiveFees_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyTotalReturnAfterIncentiveFees_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_InvestmentCompanyTotalReturnAfterIncentiveFees_lbl1" xml:lang="en-US" id="us-gaap_InvestmentCompanyTotalReturnAfterIncentiveFees_lbl1"> Investment Company, Total Return after Incentive Fees </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentCompanyTotalReturnAfterIncentiveFees" xlink:to="us-gaap_InvestmentCompanyTotalReturnAfterIncentiveFees_lbl1" xlink:title="label: InvestmentCompanyTotalReturnAfterIncentiveFees to us-gaap_InvestmentCompanyTotalReturnAfterIncentiveFees_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_InvestmentCompanyTotalReturnBeforeIncentiveFees" xlink:label="InvestmentCompanyTotalReturnBeforeIncentiveFees" xlink:title="InvestmentCompanyTotalReturnBeforeIncentiveFees"/>

<link:label xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyTotalReturnBeforeIncentiveFees_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_InvestmentCompanyTotalReturnBeforeIncentiveFees_lbl" xml:lang="en-US" id="us-gaap_InvestmentCompanyTotalReturnBeforeIncentiveFees_lbl"> Total return before Incentive Allocation </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentCompanyTotalReturnBeforeIncentiveFees" xlink:to="us-gaap_InvestmentCompanyTotalReturnBeforeIncentiveFees_lbl" xlink:title="label: InvestmentCompanyTotalReturnBeforeIncentiveFees to us-gaap_InvestmentCompanyTotalReturnBeforeIncentiveFees_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyTotalReturnBeforeIncentiveFees_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_InvestmentCompanyTotalReturnBeforeIncentiveFees_lbl1" xml:lang="en-US" id="us-gaap_InvestmentCompanyTotalReturnBeforeIncentiveFees_lbl1"> Investment Company, Total Return before Incentive Fees </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentCompanyTotalReturnBeforeIncentiveFees" xlink:to="us-gaap_InvestmentCompanyTotalReturnBeforeIncentiveFees_lbl1" xlink:title="label: InvestmentCompanyTotalReturnBeforeIncentiveFees to us-gaap_InvestmentCompanyTotalReturnBeforeIncentiveFees_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_InvestmentCompanyFinancialHighlightsTextBlock" xlink:label="InvestmentCompanyFinancialHighlightsTextBlock" xlink:title="InvestmentCompanyFinancialHighlightsTextBlock"/>

<link:label xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_InvestmentCompanyFinancialHighlightsTextBlock_lbl" xml:lang="en-US" id="us-gaap_InvestmentCompanyFinancialHighlightsTextBlock_lbl"> Financial Highlights </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentCompanyFinancialHighlightsTextBlock" xlink:to="us-gaap_InvestmentCompanyFinancialHighlightsTextBlock_lbl" xlink:title="label: InvestmentCompanyFinancialHighlightsTextBlock to us-gaap_InvestmentCompanyFinancialHighlightsTextBlock_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_InvestmentCompanyFinancialHighlightsTextBlock_lbl1" xml:lang="en-US" id="us-gaap_InvestmentCompanyFinancialHighlightsTextBlock_lbl1"> Investment Company, Financial Highlights [Text Block] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentCompanyFinancialHighlightsTextBlock" xlink:to="us-gaap_InvestmentCompanyFinancialHighlightsTextBlock_lbl1" xlink:title="label: InvestmentCompanyFinancialHighlightsTextBlock to us-gaap_InvestmentCompanyFinancialHighlightsTextBlock_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_InvestmentCompanyFinancialHighlightsAbstract" xlink:label="InvestmentCompanyFinancialHighlightsAbstract" xlink:title="InvestmentCompanyFinancialHighlightsAbstract"/>

<link:label xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_InvestmentCompanyFinancialHighlightsAbstract_lbl" xml:lang="en-US" id="us-gaap_InvestmentCompanyFinancialHighlightsAbstract_lbl"> Financial Highlights [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentCompanyFinancialHighlightsAbstract" xlink:to="us-gaap_InvestmentCompanyFinancialHighlightsAbstract_lbl" xlink:title="label: InvestmentCompanyFinancialHighlightsAbstract to us-gaap_InvestmentCompanyFinancialHighlightsAbstract_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_InvestmentCompanyInvestmentIncomeLossRatioBeforeIncentiveAllocation" xlink:label="InvestmentCompanyInvestmentIncomeLossRatioBeforeIncentiveAllocation" xlink:title="InvestmentCompanyInvestmentIncomeLossRatioBeforeIncentiveAllocation"/>

<link:label xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossRatioBeforeIncentiveAllocation_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_InvestmentCompanyInvestmentIncomeLossRatioBeforeIncentiveAllocation_lbl" xml:lang="en-US" id="us-gaap_InvestmentCompanyInvestmentIncomeLossRatioBeforeIncentiveAllocation_lbl"> Net investment loss before Incentive Allocation </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentCompanyInvestmentIncomeLossRatioBeforeIncentiveAllocation" xlink:to="us-gaap_InvestmentCompanyInvestmentIncomeLossRatioBeforeIncentiveAllocation_lbl" xlink:title="label: InvestmentCompanyInvestmentIncomeLossRatioBeforeIncentiveAllocation to us-gaap_InvestmentCompanyInvestmentIncomeLossRatioBeforeIncentiveAllocation_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossRatioBeforeIncentiveAllocation_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_InvestmentCompanyInvestmentIncomeLossRatioBeforeIncentiveAllocation_lbl1" xml:lang="en-US" id="us-gaap_InvestmentCompanyInvestmentIncomeLossRatioBeforeIncentiveAllocation_lbl1"> Investment Company, Investment Income (Loss) Ratio, before Incentive Allocation </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentCompanyInvestmentIncomeLossRatioBeforeIncentiveAllocation" xlink:to="us-gaap_InvestmentCompanyInvestmentIncomeLossRatioBeforeIncentiveAllocation_lbl1" xlink:title="label: InvestmentCompanyInvestmentIncomeLossRatioBeforeIncentiveAllocation to us-gaap_InvestmentCompanyInvestmentIncomeLossRatioBeforeIncentiveAllocation_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_InvestmentCompanyInvestmentIncomeLossRatioAfterIncentiveAllocation" xlink:label="InvestmentCompanyInvestmentIncomeLossRatioAfterIncentiveAllocation" xlink:title="InvestmentCompanyInvestmentIncomeLossRatioAfterIncentiveAllocation"/>

<link:label xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossRatioAfterIncentiveAllocation_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_InvestmentCompanyInvestmentIncomeLossRatioAfterIncentiveAllocation_lbl" xml:lang="en-US" id="us-gaap_InvestmentCompanyInvestmentIncomeLossRatioAfterIncentiveAllocation_lbl"> Net investment loss after Incentive Allocation </link:label>

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<link:label xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossRatioAfterIncentiveAllocation_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_InvestmentCompanyInvestmentIncomeLossRatioAfterIncentiveAllocation_lbl1" xml:lang="en-US" id="us-gaap_InvestmentCompanyInvestmentIncomeLossRatioAfterIncentiveAllocation_lbl1"> Investment Company, Investment Income (Loss) Ratio, after Incentive Allocation </link:label>

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<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_InvestmentCompanyExpenseRatioBeforeIncentiveAllocation" xlink:label="InvestmentCompanyExpenseRatioBeforeIncentiveAllocation" xlink:title="InvestmentCompanyExpenseRatioBeforeIncentiveAllocation"/>

<link:label xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyExpenseRatioBeforeIncentiveAllocation_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_InvestmentCompanyExpenseRatioBeforeIncentiveAllocation_lbl" xml:lang="en-US" id="us-gaap_InvestmentCompanyExpenseRatioBeforeIncentiveAllocation_lbl"> Total expenses before Incentive Allocation </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentCompanyExpenseRatioBeforeIncentiveAllocation" xlink:to="us-gaap_InvestmentCompanyExpenseRatioBeforeIncentiveAllocation_lbl" xlink:title="label: InvestmentCompanyExpenseRatioBeforeIncentiveAllocation to us-gaap_InvestmentCompanyExpenseRatioBeforeIncentiveAllocation_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyExpenseRatioBeforeIncentiveAllocation_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_InvestmentCompanyExpenseRatioBeforeIncentiveAllocation_lbl1" xml:lang="en-US" id="us-gaap_InvestmentCompanyExpenseRatioBeforeIncentiveAllocation_lbl1"> Investment Company, Expense Ratio before Incentive Allocation </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentCompanyExpenseRatioBeforeIncentiveAllocation" xlink:to="us-gaap_InvestmentCompanyExpenseRatioBeforeIncentiveAllocation_lbl1" xlink:title="label: InvestmentCompanyExpenseRatioBeforeIncentiveAllocation to us-gaap_InvestmentCompanyExpenseRatioBeforeIncentiveAllocation_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_InvestmentCompanyExpenseRatioAfterIncentiveAllocation" xlink:label="InvestmentCompanyExpenseRatioAfterIncentiveAllocation" xlink:title="InvestmentCompanyExpenseRatioAfterIncentiveAllocation"/>

<link:label xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyExpenseRatioAfterIncentiveAllocation_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_InvestmentCompanyExpenseRatioAfterIncentiveAllocation_lbl" xml:lang="en-US" id="us-gaap_InvestmentCompanyExpenseRatioAfterIncentiveAllocation_lbl"> Total expenses after Incentive Allocation </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentCompanyExpenseRatioAfterIncentiveAllocation" xlink:to="us-gaap_InvestmentCompanyExpenseRatioAfterIncentiveAllocation_lbl" xlink:title="label: InvestmentCompanyExpenseRatioAfterIncentiveAllocation to us-gaap_InvestmentCompanyExpenseRatioAfterIncentiveAllocation_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyExpenseRatioAfterIncentiveAllocation_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_InvestmentCompanyExpenseRatioAfterIncentiveAllocation_lbl1" xml:lang="en-US" id="us-gaap_InvestmentCompanyExpenseRatioAfterIncentiveAllocation_lbl1"> Investment Company, Expense Ratio after Incentive Allocation </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentCompanyExpenseRatioAfterIncentiveAllocation" xlink:to="us-gaap_InvestmentCompanyExpenseRatioAfterIncentiveAllocation_lbl1" xlink:title="label: InvestmentCompanyExpenseRatioAfterIncentiveAllocation to us-gaap_InvestmentCompanyExpenseRatioAfterIncentiveAllocation_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_InvestmentIncomeInterestAndDividendAbstract" xlink:label="InvestmentIncomeInterestAndDividendAbstract" xlink:title="InvestmentIncomeInterestAndDividendAbstract"/>

<link:label xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeInterestAndDividendAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_InvestmentIncomeInterestAndDividendAbstract_lbl" xml:lang="en-US" id="us-gaap_InvestmentIncomeInterestAndDividendAbstract_lbl"> Investment income: </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentIncomeInterestAndDividendAbstract" xlink:to="us-gaap_InvestmentIncomeInterestAndDividendAbstract_lbl" xlink:title="label: InvestmentIncomeInterestAndDividendAbstract to us-gaap_InvestmentIncomeInterestAndDividendAbstract_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_InvestmentIncomeNetAbstract" xlink:label="InvestmentIncomeNetAbstract" xlink:title="InvestmentIncomeNetAbstract"/>

<link:label xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeNetAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_InvestmentIncomeNetAbstract_lbl" xml:lang="en-US" id="us-gaap_InvestmentIncomeNetAbstract_lbl"> Net investment loss allocated from investment in Graham Alternative Investment Trading LLC: </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentIncomeNetAbstract" xlink:to="us-gaap_InvestmentIncomeNetAbstract_lbl" xlink:title="label: InvestmentIncomeNetAbstract to us-gaap_InvestmentIncomeNetAbstract_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:label="InvestmentOwnedAtFairValue" xlink:title="InvestmentOwnedAtFairValue"/>

<link:label xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_InvestmentOwnedAtFairValue_lbl" xml:lang="en-US" id="us-gaap_InvestmentOwnedAtFairValue_lbl"> Investment in Graham Alternative Investment Trading LLC, at fair value </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentOwnedAtFairValue" xlink:to="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:title="label: InvestmentOwnedAtFairValue to us-gaap_InvestmentOwnedAtFairValue_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="LiabilitiesAbstract" xlink:title="LiabilitiesAbstract"/>

<link:label xlink:type="resource" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_LiabilitiesAbstract_lbl" xml:lang="en-US" id="us-gaap_LiabilitiesAbstract_lbl"> Liabilities: </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesAbstract" xlink:to="us-gaap_LiabilitiesAbstract_lbl" xlink:title="label: LiabilitiesAbstract to us-gaap_LiabilitiesAbstract_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="LiabilitiesAndStockholdersEquityAbstract" xlink:title="LiabilitiesAndStockholdersEquityAbstract"/>

<link:label xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xml:lang="en-US" id="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl"> Liabilities and members' capital </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesAndStockholdersEquityAbstract" xlink:to="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xlink:title="label: LiabilitiesAndStockholdersEquityAbstract to us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_Liabilities" xlink:label="Liabilities" xlink:title="Liabilities"/>

<link:label xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_Liabilities_lbl" xml:lang="en-US" id="us-gaap_Liabilities_lbl"> Total liabilities </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Liabilities" xlink:to="us-gaap_Liabilities_lbl" xlink:title="label: Liabilities to us-gaap_Liabilities_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_Liabilities_lbl1" xml:lang="en-US" id="us-gaap_Liabilities_lbl1"> Liabilities </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Liabilities" xlink:to="us-gaap_Liabilities_lbl1" xlink:title="label: Liabilities to us-gaap_Liabilities_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="LiabilitiesAndStockholdersEquity" xlink:title="LiabilitiesAndStockholdersEquity"/>

<link:label xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xml:lang="en-US" id="us-gaap_LiabilitiesAndStockholdersEquity_lbl"> Total liabilities and members' capital </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesAndStockholdersEquity" xlink:to="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:title="label: LiabilitiesAndStockholdersEquity to us-gaap_LiabilitiesAndStockholdersEquity_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_LiabilitiesAndStockholdersEquity_lbl1" xml:lang="en-US" id="us-gaap_LiabilitiesAndStockholdersEquity_lbl1"> Liabilities and Equity </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesAndStockholdersEquity" xlink:to="us-gaap_LiabilitiesAndStockholdersEquity_lbl1" xlink:title="label: LiabilitiesAndStockholdersEquity to us-gaap_LiabilitiesAndStockholdersEquity_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_NetAssetValuePerShare" xlink:label="NetAssetValuePerShare" xlink:title="NetAssetValuePerShare"/>

<link:label xlink:type="resource" xlink:label="us-gaap_NetAssetValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="us-gaap_NetAssetValuePerShare_lbl" xml:lang="en-US" id="us-gaap_NetAssetValuePerShare_lbl"> Net asset value per unit, beginning balance (in dollars per unit) </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetAssetValuePerShare" xlink:to="us-gaap_NetAssetValuePerShare_lbl" xlink:title="label: NetAssetValuePerShare to us-gaap_NetAssetValuePerShare_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_NetAssetValuePerShare_lbl1" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="us-gaap_NetAssetValuePerShare_lbl1" xml:lang="en-US" id="us-gaap_NetAssetValuePerShare_lbl1"> Net asset value per unit, ending balance (in dollars per unit) </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetAssetValuePerShare" xlink:to="us-gaap_NetAssetValuePerShare_lbl1" xlink:title="label: NetAssetValuePerShare to us-gaap_NetAssetValuePerShare_lbl1"/>

<link:label xlink:type="resource" xlink:label="us-gaap_NetAssetValuePerShare_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_NetAssetValuePerShare_lbl2" xml:lang="en-US" id="us-gaap_NetAssetValuePerShare_lbl2"> Net Asset Value Per Share </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetAssetValuePerShare" xlink:to="us-gaap_NetAssetValuePerShare_lbl2" xlink:title="label: NetAssetValuePerShare to us-gaap_NetAssetValuePerShare_lbl2"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_NetRealizedOrUnrealizedGainLossOnTradingSecurities" xlink:label="NetRealizedOrUnrealizedGainLossOnTradingSecurities" xlink:title="NetRealizedOrUnrealizedGainLossOnTradingSecurities"/>

<link:label xlink:type="resource" xlink:label="us-gaap_NetRealizedOrUnrealizedGainLossOnTradingSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_NetRealizedOrUnrealizedGainLossOnTradingSecurities_lbl" xml:lang="en-US" id="us-gaap_NetRealizedOrUnrealizedGainLossOnTradingSecurities_lbl"> Net gain allocated from investment in Graham Alternative Investment Trading LLC </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetRealizedOrUnrealizedGainLossOnTradingSecurities" xlink:to="us-gaap_NetRealizedOrUnrealizedGainLossOnTradingSecurities_lbl" xlink:title="label: NetRealizedOrUnrealizedGainLossOnTradingSecurities to us-gaap_NetRealizedOrUnrealizedGainLossOnTradingSecurities_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_NetRealizedOrUnrealizedGainLossOnTradingSecurities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_NetRealizedOrUnrealizedGainLossOnTradingSecurities_lbl1" xml:lang="en-US" id="us-gaap_NetRealizedOrUnrealizedGainLossOnTradingSecurities_lbl1"> Net Realized and Unrealized Gain (Loss) on Trading Securities </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetRealizedOrUnrealizedGainLossOnTradingSecurities" xlink:to="us-gaap_NetRealizedOrUnrealizedGainLossOnTradingSecurities_lbl1" xlink:title="label: NetRealizedOrUnrealizedGainLossOnTradingSecurities to us-gaap_NetRealizedOrUnrealizedGainLossOnTradingSecurities_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_NetIncomeLossAbstract" xlink:label="NetIncomeLossAbstract" xlink:title="NetIncomeLossAbstract"/>

<link:label xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_NetIncomeLossAbstract_lbl" xml:lang="en-US" id="us-gaap_NetIncomeLossAbstract_lbl"> Net income: [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetIncomeLossAbstract" xlink:to="us-gaap_NetIncomeLossAbstract_lbl" xlink:title="label: NetIncomeLossAbstract to us-gaap_NetIncomeLossAbstract_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_NetIncomeLossAbstract_lbl1" xml:lang="en-US" id="us-gaap_NetIncomeLossAbstract_lbl1"> Net Income (Loss) Attributable to Parent [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetIncomeLossAbstract" xlink:to="us-gaap_NetIncomeLossAbstract_lbl1" xlink:title="label: NetIncomeLossAbstract to us-gaap_NetIncomeLossAbstract_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="NetCashProvidedByUsedInOperatingActivities" xlink:title="NetCashProvidedByUsedInOperatingActivities"/>

<link:label xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xml:lang="en-US" id="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl"> Net cash provided by operating activities </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetCashProvidedByUsedInOperatingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:title="label: NetCashProvidedByUsedInOperatingActivities to us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl1" xml:lang="en-US" id="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl1"> Net Cash Provided by (Used in) Operating Activities </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetCashProvidedByUsedInOperatingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl1" xlink:title="label: NetCashProvidedByUsedInOperatingActivities to us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:title="NetCashProvidedByUsedInOperatingActivitiesAbstract"/>

<link:label xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US" id="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl"> Cash flows provided by operating activities </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:title="label: NetCashProvidedByUsedInOperatingActivitiesAbstract to us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="NetCashProvidedByUsedInFinancingActivities" xlink:title="NetCashProvidedByUsedInFinancingActivities"/>

<link:label xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xml:lang="en-US" id="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl"> Net cash used in financing activities </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetCashProvidedByUsedInFinancingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xlink:title="label: NetCashProvidedByUsedInFinancingActivities to us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl1" xml:lang="en-US" id="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl1"> Net Cash Provided by (Used in) Financing Activities </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetCashProvidedByUsedInFinancingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl1" xlink:title="label: NetCashProvidedByUsedInFinancingActivities to us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:title="NetCashProvidedByUsedInFinancingActivitiesAbstract"/>

<link:label xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xml:lang="en-US" id="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl"> Cash flows used in financing activities </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:title="label: NetCashProvidedByUsedInFinancingActivitiesAbstract to us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_NoninterestExpenseInvestmentAdvisoryFees" xlink:label="NoninterestExpenseInvestmentAdvisoryFees" xlink:title="NoninterestExpenseInvestmentAdvisoryFees"/>

<link:label xlink:type="resource" xlink:label="us-gaap_NoninterestExpenseInvestmentAdvisoryFees_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_NoninterestExpenseInvestmentAdvisoryFees_lbl" xml:lang="en-US" id="us-gaap_NoninterestExpenseInvestmentAdvisoryFees_lbl"> Advisory fees </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoninterestExpenseInvestmentAdvisoryFees" xlink:to="us-gaap_NoninterestExpenseInvestmentAdvisoryFees_lbl" xlink:title="label: NoninterestExpenseInvestmentAdvisoryFees to us-gaap_NoninterestExpenseInvestmentAdvisoryFees_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_NoninterestExpenseInvestmentAdvisoryFees_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_NoninterestExpenseInvestmentAdvisoryFees_lbl1" xml:lang="en-US" id="us-gaap_NoninterestExpenseInvestmentAdvisoryFees_lbl1"> Advisory fees </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoninterestExpenseInvestmentAdvisoryFees" xlink:to="us-gaap_NoninterestExpenseInvestmentAdvisoryFees_lbl1" xlink:title="label: NoninterestExpenseInvestmentAdvisoryFees to us-gaap_NoninterestExpenseInvestmentAdvisoryFees_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="OperatingExpenses" xlink:title="OperatingExpenses"/>

<link:label xlink:type="resource" xlink:label="us-gaap_OperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_OperatingExpenses_lbl" xml:lang="en-US" id="us-gaap_OperatingExpenses_lbl"> Total expenses </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingExpenses" xlink:to="us-gaap_OperatingExpenses_lbl" xlink:title="label: OperatingExpenses to us-gaap_OperatingExpenses_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_OperatingExpenses_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OperatingExpenses_lbl1" xml:lang="en-US" id="us-gaap_OperatingExpenses_lbl1"> Operating Expenses </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingExpenses" xlink:to="us-gaap_OperatingExpenses_lbl1" xlink:title="label: OperatingExpenses to us-gaap_OperatingExpenses_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="OperatingExpensesAbstract" xlink:title="OperatingExpensesAbstract"/>

<link:label xlink:type="resource" xlink:label="us-gaap_OperatingExpensesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OperatingExpensesAbstract_lbl" xml:lang="en-US" id="us-gaap_OperatingExpensesAbstract_lbl"> Expenses </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingExpensesAbstract" xlink:to="us-gaap_OperatingExpensesAbstract_lbl" xlink:title="label: OperatingExpensesAbstract to us-gaap_OperatingExpensesAbstract_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock" xlink:label="OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock" xlink:title="OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock"/>

<link:label xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock_lbl" xml:lang="en-US" id="us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock_lbl"> Summary of Significant Accounting Policies </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock" xlink:to="us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock_lbl" xlink:title="label: OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock to us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock_lbl1" xml:lang="en-US" id="us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock_lbl1"> Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock" xlink:to="us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock_lbl1" xlink:title="label: OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock to us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:title="OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract"/>

<link:label xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xml:lang="en-US" id="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl"> Organization and Business [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xlink:title="label: OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract to us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:label="OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:title="OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock"/>

<link:label xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl" xml:lang="en-US" id="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl"> Organization and Business </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:to="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl" xlink:title="label: OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock to us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl1" xml:lang="en-US" id="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl1"> Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:to="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl1" xlink:title="label: OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock to us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PartnersCapitalAbstract" xlink:label="PartnersCapitalAbstract" xlink:title="PartnersCapitalAbstract"/>

<link:label xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_PartnersCapitalAbstract_lbl" xml:lang="en-US" id="us-gaap_PartnersCapitalAbstract_lbl"> Members' capital: </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PartnersCapitalAbstract" xlink:to="us-gaap_PartnersCapitalAbstract_lbl" xlink:title="label: PartnersCapitalAbstract to us-gaap_PartnersCapitalAbstract_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_PartnersCapitalAbstract_lbl1" xml:lang="en-US" id="us-gaap_PartnersCapitalAbstract_lbl1"> Capital Accounts [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PartnersCapitalAbstract" xlink:to="us-gaap_PartnersCapitalAbstract_lbl1" xlink:title="label: PartnersCapitalAbstract to us-gaap_PartnersCapitalAbstract_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PartnersCapitalAccountRedemptions" xlink:label="PartnersCapitalAccountRedemptions" xlink:title="PartnersCapitalAccountRedemptions"/>

<link:label xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountRedemptions_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="us-gaap_PartnersCapitalAccountRedemptions_lbl" xml:lang="en-US" id="us-gaap_PartnersCapitalAccountRedemptions_lbl"> Redemptions </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PartnersCapitalAccountRedemptions" xlink:to="us-gaap_PartnersCapitalAccountRedemptions_lbl" xlink:title="label: PartnersCapitalAccountRedemptions to us-gaap_PartnersCapitalAccountRedemptions_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountRedemptions_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_PartnersCapitalAccountRedemptions_lbl1" xml:lang="en-US" id="us-gaap_PartnersCapitalAccountRedemptions_lbl1"> Partners' Capital Account, Redemptions </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PartnersCapitalAccountRedemptions" xlink:to="us-gaap_PartnersCapitalAccountRedemptions_lbl1" xlink:title="label: PartnersCapitalAccountRedemptions to us-gaap_PartnersCapitalAccountRedemptions_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PartnersCapitalAccountUnits" xlink:label="PartnersCapitalAccountUnits" xlink:title="PartnersCapitalAccountUnits"/>

<link:label xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="us-gaap_PartnersCapitalAccountUnits_lbl" xml:lang="en-US" id="us-gaap_PartnersCapitalAccountUnits_lbl"> Members' capital, ending balance (in units) </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PartnersCapitalAccountUnits" xlink:to="us-gaap_PartnersCapitalAccountUnits_lbl" xlink:title="label: PartnersCapitalAccountUnits to us-gaap_PartnersCapitalAccountUnits_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountUnits_lbl1" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="us-gaap_PartnersCapitalAccountUnits_lbl1" xml:lang="en-US" id="us-gaap_PartnersCapitalAccountUnits_lbl1"> Members' capital, beginning balance (in units) </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PartnersCapitalAccountUnits" xlink:to="us-gaap_PartnersCapitalAccountUnits_lbl1" xlink:title="label: PartnersCapitalAccountUnits to us-gaap_PartnersCapitalAccountUnits_lbl1"/>

<link:label xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountUnits_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_PartnersCapitalAccountUnits_lbl2" xml:lang="en-US" id="us-gaap_PartnersCapitalAccountUnits_lbl2"> Partners' Capital Account, Units </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PartnersCapitalAccountUnits" xlink:to="us-gaap_PartnersCapitalAccountUnits_lbl2" xlink:title="label: PartnersCapitalAccountUnits to us-gaap_PartnersCapitalAccountUnits_lbl2"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PartnersCapitalAccountUnitsRedeemed" xlink:label="PartnersCapitalAccountUnitsRedeemed" xlink:title="PartnersCapitalAccountUnitsRedeemed"/>

<link:label xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountUnitsRedeemed_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="us-gaap_PartnersCapitalAccountUnitsRedeemed_lbl" xml:lang="en-US" id="us-gaap_PartnersCapitalAccountUnitsRedeemed_lbl"> Redemptions (in units) </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PartnersCapitalAccountUnitsRedeemed" xlink:to="us-gaap_PartnersCapitalAccountUnitsRedeemed_lbl" xlink:title="label: PartnersCapitalAccountUnitsRedeemed to us-gaap_PartnersCapitalAccountUnitsRedeemed_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountUnitsRedeemed_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_PartnersCapitalAccountUnitsRedeemed_lbl1" xml:lang="en-US" id="us-gaap_PartnersCapitalAccountUnitsRedeemed_lbl1"> Partners' Capital Account, Units, Redeemed </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PartnersCapitalAccountUnitsRedeemed" xlink:to="us-gaap_PartnersCapitalAccountUnitsRedeemed_lbl1" xlink:title="label: PartnersCapitalAccountUnitsRedeemed to us-gaap_PartnersCapitalAccountUnitsRedeemed_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PartnersCapitalNotesAbstract" xlink:label="PartnersCapitalNotesAbstract" xlink:title="PartnersCapitalNotesAbstract"/>

<link:label xlink:type="resource" xlink:label="us-gaap_PartnersCapitalNotesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_PartnersCapitalNotesAbstract_lbl" xml:lang="en-US" id="us-gaap_PartnersCapitalNotesAbstract_lbl"> Capital Accounts [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PartnersCapitalNotesAbstract" xlink:to="us-gaap_PartnersCapitalNotesAbstract_lbl" xlink:title="label: PartnersCapitalNotesAbstract to us-gaap_PartnersCapitalNotesAbstract_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PartnersCapital" xlink:label="PartnersCapital" xlink:title="PartnersCapital"/>

<link:label xlink:type="resource" xlink:label="us-gaap_PartnersCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="us-gaap_PartnersCapital_lbl" xml:lang="en-US" id="us-gaap_PartnersCapital_lbl"> Members' capital, ending balance </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PartnersCapital" xlink:to="us-gaap_PartnersCapital_lbl" xlink:title="label: PartnersCapital to us-gaap_PartnersCapital_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_PartnersCapital_lbl1" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="us-gaap_PartnersCapital_lbl1" xml:lang="en-US" id="us-gaap_PartnersCapital_lbl1"> Members' capital, beginning balance </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PartnersCapital" xlink:to="us-gaap_PartnersCapital_lbl1" xlink:title="label: PartnersCapital to us-gaap_PartnersCapital_lbl1"/>

<link:label xlink:type="resource" xlink:label="us-gaap_PartnersCapital_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_PartnersCapital_lbl2" xml:lang="en-US" id="us-gaap_PartnersCapital_lbl2"> Members' capital </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PartnersCapital" xlink:to="us-gaap_PartnersCapital_lbl2" xlink:title="label: PartnersCapital to us-gaap_PartnersCapital_lbl2"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PartnersCapitalNotesDisclosureTextBlock" xlink:label="PartnersCapitalNotesDisclosureTextBlock" xlink:title="PartnersCapitalNotesDisclosureTextBlock"/>

<link:label xlink:type="resource" xlink:label="us-gaap_PartnersCapitalNotesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_PartnersCapitalNotesDisclosureTextBlock_lbl" xml:lang="en-US" id="us-gaap_PartnersCapitalNotesDisclosureTextBlock_lbl"> Capital Accounts </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PartnersCapitalNotesDisclosureTextBlock" xlink:to="us-gaap_PartnersCapitalNotesDisclosureTextBlock_lbl" xlink:title="label: PartnersCapitalNotesDisclosureTextBlock to us-gaap_PartnersCapitalNotesDisclosureTextBlock_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_PartnersCapitalNotesDisclosureTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_PartnersCapitalNotesDisclosureTextBlock_lbl1" xml:lang="en-US" id="us-gaap_PartnersCapitalNotesDisclosureTextBlock_lbl1"> Partners' Capital Notes Disclosure [Text Block] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PartnersCapitalNotesDisclosureTextBlock" xlink:to="us-gaap_PartnersCapitalNotesDisclosureTextBlock_lbl1" xlink:title="label: PartnersCapitalNotesDisclosureTextBlock to us-gaap_PartnersCapitalNotesDisclosureTextBlock_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ProceedsFromSaleOfOtherInvestments" xlink:label="ProceedsFromSaleOfOtherInvestments" xlink:title="ProceedsFromSaleOfOtherInvestments"/>

<link:label xlink:type="resource" xlink:label="us-gaap_ProceedsFromSaleOfOtherInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ProceedsFromSaleOfOtherInvestments_lbl" xml:lang="en-US" id="us-gaap_ProceedsFromSaleOfOtherInvestments_lbl"> Proceeds from sale of investment in Graham Alternative Investment Trading LLC </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromSaleOfOtherInvestments" xlink:to="us-gaap_ProceedsFromSaleOfOtherInvestments_lbl" xlink:title="label: ProceedsFromSaleOfOtherInvestments to us-gaap_ProceedsFromSaleOfOtherInvestments_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="RelatedPartyTransactionsAbstract" xlink:title="RelatedPartyTransactionsAbstract"/>

<link:label xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_RelatedPartyTransactionsAbstract_lbl" xml:lang="en-US" id="us-gaap_RelatedPartyTransactionsAbstract_lbl"> Fees and Related Party Transactions [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelatedPartyTransactionsAbstract" xlink:to="us-gaap_RelatedPartyTransactionsAbstract_lbl" xlink:title="label: RelatedPartyTransactionsAbstract to us-gaap_RelatedPartyTransactionsAbstract_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:label="RelatedPartyTransactionsDisclosureTextBlock" xlink:title="RelatedPartyTransactionsDisclosureTextBlock"/>

<link:label xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xml:lang="en-US" id="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl"> Fees and Related Party Transactions </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelatedPartyTransactionsDisclosureTextBlock" xlink:to="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:title="label: RelatedPartyTransactionsDisclosureTextBlock to us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl1" xml:lang="en-US" id="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl1"> Related Party Transactions Disclosure [Text Block] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelatedPartyTransactionsDisclosureTextBlock" xlink:to="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl1" xlink:title="label: RelatedPartyTransactionsDisclosureTextBlock to us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ScheduleOfCapitalUnitsTable" xlink:label="ScheduleOfCapitalUnitsTable" xlink:title="ScheduleOfCapitalUnitsTable"/>

<link:label xlink:type="resource" xlink:label="us-gaap_ScheduleOfCapitalUnitsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ScheduleOfCapitalUnitsTable_lbl" xml:lang="en-US" id="us-gaap_ScheduleOfCapitalUnitsTable_lbl"> Schedule of Capital Units [Table] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfCapitalUnitsTable" xlink:to="us-gaap_ScheduleOfCapitalUnitsTable_lbl" xlink:title="label: ScheduleOfCapitalUnitsTable to us-gaap_ScheduleOfCapitalUnitsTable_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ScheduleOfEquityMethodInvestmentsLineItems" xlink:label="ScheduleOfEquityMethodInvestmentsLineItems" xlink:title="ScheduleOfEquityMethodInvestmentsLineItems"/>

<link:label xlink:type="resource" xlink:label="us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_lbl" xml:lang="en-US" id="us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_lbl"> Schedule of Equity Method Investments [Line Items] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfEquityMethodInvestmentsLineItems" xlink:to="us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_lbl" xlink:title="label: ScheduleOfEquityMethodInvestmentsLineItems to us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ScheduleOfEquityMethodInvestmentsTable" xlink:label="ScheduleOfEquityMethodInvestmentsTable" xlink:title="ScheduleOfEquityMethodInvestmentsTable"/>

<link:label xlink:type="resource" xlink:label="us-gaap_ScheduleOfEquityMethodInvestmentsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ScheduleOfEquityMethodInvestmentsTable_lbl" xml:lang="en-US" id="us-gaap_ScheduleOfEquityMethodInvestmentsTable_lbl"> Schedule Of Equity Method Investments [Table] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfEquityMethodInvestmentsTable" xlink:to="us-gaap_ScheduleOfEquityMethodInvestmentsTable_lbl" xlink:title="label: ScheduleOfEquityMethodInvestmentsTable to us-gaap_ScheduleOfEquityMethodInvestmentsTable_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_SponsorFees" xlink:label="SponsorFees" xlink:title="SponsorFees"/>

<link:label xlink:type="resource" xlink:label="us-gaap_SponsorFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_SponsorFees_lbl" xml:lang="en-US" id="us-gaap_SponsorFees_lbl"> Sponsor fees </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SponsorFees" xlink:to="us-gaap_SponsorFees_lbl" xlink:title="label: SponsorFees to us-gaap_SponsorFees_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_SponsorFees_lbl1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_SponsorFees_lbl1" xml:lang="en-US" id="us-gaap_SponsorFees_lbl1"> Sponsor Fees </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SponsorFees" xlink:to="us-gaap_SponsorFees_lbl1" xlink:title="label: SponsorFees to us-gaap_SponsorFees_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="StatementOfFinancialPositionAbstract" xlink:title="StatementOfFinancialPositionAbstract"/>

<link:label xlink:type="resource" xlink:label="us-gaap_StatementOfFinancialPositionAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_StatementOfFinancialPositionAbstract_lbl" xml:lang="en-US" id="us-gaap_StatementOfFinancialPositionAbstract_lbl"> Consolidated Statements of Financial Condition (Unaudited) [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementOfFinancialPositionAbstract" xlink:to="us-gaap_StatementOfFinancialPositionAbstract_lbl" xlink:title="label: StatementOfFinancialPositionAbstract to us-gaap_StatementOfFinancialPositionAbstract_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_StatementOfPartnersCapitalAbstract" xlink:label="StatementOfPartnersCapitalAbstract" xlink:title="StatementOfPartnersCapitalAbstract"/>

<link:label xlink:type="resource" xlink:label="us-gaap_StatementOfPartnersCapitalAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_StatementOfPartnersCapitalAbstract_lbl" xml:lang="en-US" id="us-gaap_StatementOfPartnersCapitalAbstract_lbl"> Consolidated Statements of Changes in Members' Capital Equity (Unaudited) [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementOfPartnersCapitalAbstract" xlink:to="us-gaap_StatementOfPartnersCapitalAbstract_lbl" xlink:title="label: StatementOfPartnersCapitalAbstract to us-gaap_StatementOfPartnersCapitalAbstract_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_StatementLineItems" xlink:label="StatementLineItems" xlink:title="StatementLineItems"/>

<link:label xlink:type="resource" xlink:label="us-gaap_StatementLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_StatementLineItems_lbl" xml:lang="en-US" id="us-gaap_StatementLineItems_lbl"> Statement [Line Items] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementLineItems" xlink:to="us-gaap_StatementLineItems_lbl" xlink:title="label: StatementLineItems to us-gaap_StatementLineItems_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_StatementTable" xlink:label="StatementTable" xlink:title="StatementTable"/>

<link:label xlink:type="resource" xlink:label="us-gaap_StatementTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_StatementTable_lbl" xml:lang="en-US" id="us-gaap_StatementTable_lbl"> Statement [Table] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementTable" xlink:to="us-gaap_StatementTable_lbl" xlink:title="label: StatementTable to us-gaap_StatementTable_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="StatementOfCashFlowsAbstract" xlink:title="StatementOfCashFlowsAbstract"/>

<link:label xlink:type="resource" xlink:label="us-gaap_StatementOfCashFlowsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_StatementOfCashFlowsAbstract_lbl" xml:lang="en-US" id="us-gaap_StatementOfCashFlowsAbstract_lbl"> Consolidated Statements of Cash Flows (Unaudited) [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementOfCashFlowsAbstract" xlink:to="us-gaap_StatementOfCashFlowsAbstract_lbl" xlink:title="label: StatementOfCashFlowsAbstract to us-gaap_StatementOfCashFlowsAbstract_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_SubsequentEventTable" xlink:label="SubsequentEventTable" xlink:title="SubsequentEventTable"/>

<link:label xlink:type="resource" xlink:label="us-gaap_SubsequentEventTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_SubsequentEventTable_lbl" xml:lang="en-US" id="us-gaap_SubsequentEventTable_lbl"> Subsequent Event [Table] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsequentEventTable" xlink:to="us-gaap_SubsequentEventTable_lbl" xlink:title="label: SubsequentEventTable to us-gaap_SubsequentEventTable_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_SubsequentEventsTextBlock" xlink:label="SubsequentEventsTextBlock" xlink:title="SubsequentEventsTextBlock"/>

<link:label xlink:type="resource" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_SubsequentEventsTextBlock_lbl" xml:lang="en-US" id="us-gaap_SubsequentEventsTextBlock_lbl"> Subsequent Events </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsequentEventsTextBlock" xlink:to="us-gaap_SubsequentEventsTextBlock_lbl" xlink:title="label: SubsequentEventsTextBlock to us-gaap_SubsequentEventsTextBlock_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_SubsequentEventsTextBlock_lbl1" xml:lang="en-US" id="us-gaap_SubsequentEventsTextBlock_lbl1"> Subsequent Events [Text Block] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsequentEventsTextBlock" xlink:to="us-gaap_SubsequentEventsTextBlock_lbl1" xlink:title="label: SubsequentEventsTextBlock to us-gaap_SubsequentEventsTextBlock_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="SubsequentEventMember" xlink:title="SubsequentEventMember"/>

<link:label xlink:type="resource" xlink:label="us-gaap_SubsequentEventMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_SubsequentEventMember_lbl" xml:lang="en-US" id="us-gaap_SubsequentEventMember_lbl"> Subsequent Event [Member] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsequentEventMember" xlink:to="us-gaap_SubsequentEventMember_lbl" xlink:title="label: SubsequentEventMember to us-gaap_SubsequentEventMember_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="SubsequentEventTypeDomain" xlink:title="SubsequentEventTypeDomain"/>

<link:label xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_SubsequentEventTypeDomain_lbl" xml:lang="en-US" id="us-gaap_SubsequentEventTypeDomain_lbl"> Subsequent Event Type [Domain] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsequentEventTypeDomain" xlink:to="us-gaap_SubsequentEventTypeDomain_lbl" xlink:title="label: SubsequentEventTypeDomain to us-gaap_SubsequentEventTypeDomain_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_SubsequentEventLineItems" xlink:label="SubsequentEventLineItems" xlink:title="SubsequentEventLineItems"/>

<link:label xlink:type="resource" xlink:label="us-gaap_SubsequentEventLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_SubsequentEventLineItems_lbl" xml:lang="en-US" id="us-gaap_SubsequentEventLineItems_lbl"> Subsequent Event [Line Items] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsequentEventLineItems" xlink:to="us-gaap_SubsequentEventLineItems_lbl" xlink:title="label: SubsequentEventLineItems to us-gaap_SubsequentEventLineItems_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_SubsequentEventsAbstract" xlink:label="SubsequentEventsAbstract" xlink:title="SubsequentEventsAbstract"/>

<link:label xlink:type="resource" xlink:label="us-gaap_SubsequentEventsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_SubsequentEventsAbstract_lbl" xml:lang="en-US" id="us-gaap_SubsequentEventsAbstract_lbl"> Subsequent Events [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsequentEventsAbstract" xlink:to="us-gaap_SubsequentEventsAbstract_lbl" xlink:title="label: SubsequentEventsAbstract to us-gaap_SubsequentEventsAbstract_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="SubsequentEventTypeAxis" xlink:title="SubsequentEventTypeAxis"/>

<link:label xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_SubsequentEventTypeAxis_lbl" xml:lang="en-US" id="us-gaap_SubsequentEventTypeAxis_lbl"> Subsequent Event Type [Axis] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsequentEventTypeAxis" xlink:to="us-gaap_SubsequentEventTypeAxis_lbl" xlink:title="label: SubsequentEventTypeAxis to us-gaap_SubsequentEventTypeAxis_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_TradingSecuritiesRealizedGainLoss" xlink:label="TradingSecuritiesRealizedGainLoss" xlink:title="TradingSecuritiesRealizedGainLoss"/>

<link:label xlink:type="resource" xlink:label="us-gaap_TradingSecuritiesRealizedGainLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_TradingSecuritiesRealizedGainLoss_lbl" xml:lang="en-US" id="us-gaap_TradingSecuritiesRealizedGainLoss_lbl"> Net realized gain (loss) on investments </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradingSecuritiesRealizedGainLoss" xlink:to="us-gaap_TradingSecuritiesRealizedGainLoss_lbl" xlink:title="label: TradingSecuritiesRealizedGainLoss to us-gaap_TradingSecuritiesRealizedGainLoss_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_TradingSecuritiesRealizedGainLoss_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_TradingSecuritiesRealizedGainLoss_lbl1" xml:lang="en-US" id="us-gaap_TradingSecuritiesRealizedGainLoss_lbl1"> Trading Securities, Realized Gain (Loss) </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradingSecuritiesRealizedGainLoss" xlink:to="us-gaap_TradingSecuritiesRealizedGainLoss_lbl1" xlink:title="label: TradingSecuritiesRealizedGainLoss to us-gaap_TradingSecuritiesRealizedGainLoss_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss" xlink:label="TradingSecuritiesUnrealizedHoldingGainLoss" xlink:title="TradingSecuritiesUnrealizedHoldingGainLoss"/>

<link:label xlink:type="resource" xlink:label="us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss_lbl" xml:lang="en-US" id="us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss_lbl"> Net (decrease) increase in unrealized appreciation on investments </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradingSecuritiesUnrealizedHoldingGainLoss" xlink:to="us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss_lbl" xlink:title="label: TradingSecuritiesUnrealizedHoldingGainLoss to us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss_lbl"/>

<link:label xlink:type="resource" xlink:label="us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss_lbl1" xml:lang="en-US" id="us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss_lbl1"> Trading Securities, Change in Unrealized Holding Gain (Loss) </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradingSecuritiesUnrealizedHoldingGainLoss" xlink:to="us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss_lbl1" xlink:title="label: TradingSecuritiesUnrealizedHoldingGainLoss to us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss_lbl1"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd#srt_EquityMethodInvesteeNameDomain" xlink:label="EquityMethodInvesteeNameDomain" xlink:title="EquityMethodInvesteeNameDomain"/>

<link:label xlink:type="resource" xlink:label="srt_EquityMethodInvesteeNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="srt_EquityMethodInvesteeNameDomain_lbl" xml:lang="en-US" id="srt_EquityMethodInvesteeNameDomain_lbl"> Investment, Name [Domain] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityMethodInvesteeNameDomain" xlink:to="srt_EquityMethodInvesteeNameDomain_lbl" xlink:title="label: EquityMethodInvesteeNameDomain to srt_EquityMethodInvesteeNameDomain_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd#srt_MaximumMember" xlink:label="MaximumMember" xlink:title="MaximumMember"/>

<link:label xlink:type="resource" xlink:label="srt_MaximumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="srt_MaximumMember_lbl" xml:lang="en-US" id="srt_MaximumMember_lbl"> Maximum [Member] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumMember" xlink:to="srt_MaximumMember_lbl" xlink:title="label: MaximumMember to srt_MaximumMember_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd#srt_MinimumMember" xlink:label="MinimumMember" xlink:title="MinimumMember"/>

<link:label xlink:type="resource" xlink:label="srt_MinimumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="srt_MinimumMember_lbl" xml:lang="en-US" id="srt_MinimumMember_lbl"> Minimum [Member] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumMember" xlink:to="srt_MinimumMember_lbl" xlink:title="label: MinimumMember to srt_MinimumMember_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd#srt_RangeMember" xlink:label="RangeMember" xlink:title="RangeMember"/>

<link:label xlink:type="resource" xlink:label="srt_RangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="srt_RangeMember_lbl" xml:lang="en-US" id="srt_RangeMember_lbl"> Statistical Measurement [Domain] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RangeMember" xlink:to="srt_RangeMember_lbl" xlink:title="label: RangeMember to srt_RangeMember_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd#srt_RangeAxis" xlink:label="RangeAxis" xlink:title="RangeAxis"/>

<link:label xlink:type="resource" xlink:label="srt_RangeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="srt_RangeAxis_lbl" xml:lang="en-US" id="srt_RangeAxis_lbl"> Statistical Measurement [Axis] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RangeAxis" xlink:to="srt_RangeAxis_lbl" xlink:title="label: RangeAxis to srt_RangeAxis_lbl"/>

<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd#srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:label="ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:title="ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis"/>

<link:label xlink:type="resource" xlink:label="srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_lbl" xml:lang="en-US" id="srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_lbl"> Investment, Name [Axis] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:to="srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_lbl" xlink:title="label: ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis to srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_lbl"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_DocumentAndEntityInformationAbstract" xlink:label="DocumentAndEntityInformationAbstract" xlink:title="DocumentAndEntityInformationAbstract"/>

<link:label xlink:type="resource" xlink:label="gaifb_DocumentAndEntityInformationAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_DocumentAndEntityInformationAbstract_lbl1" xml:lang="en-US" id="gaifb_DocumentAndEntityInformationAbstract_lbl1"> Document and Entity Information [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentAndEntityInformationAbstract" xlink:to="gaifb_DocumentAndEntityInformationAbstract_lbl1" xlink:title="label: DocumentAndEntityInformationAbstract to gaifb_DocumentAndEntityInformationAbstract_lbl1"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_ProceedsFromSubscriptions" xlink:label="ProceedsFromSubscriptions" xlink:title="ProceedsFromSubscriptions"/>

<link:label xlink:type="resource" xlink:label="gaifb_ProceedsFromSubscriptions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_ProceedsFromSubscriptions_lbl" xml:lang="en-US" id="gaifb_ProceedsFromSubscriptions_lbl"> The cash inflow from unit subscription activity during the reporting period. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromSubscriptions" xlink:to="gaifb_ProceedsFromSubscriptions_lbl" xlink:title="label: ProceedsFromSubscriptions to gaifb_ProceedsFromSubscriptions_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_ProceedsFromSubscriptions_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_ProceedsFromSubscriptions_lbl1" xml:lang="en-US" id="gaifb_ProceedsFromSubscriptions_lbl1"> Proceeds From Subscriptions </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromSubscriptions" xlink:to="gaifb_ProceedsFromSubscriptions_lbl1" xlink:title="label: ProceedsFromSubscriptions to gaifb_ProceedsFromSubscriptions_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_ProceedsFromSubscriptions_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="gaifb_ProceedsFromSubscriptions_lbl2" xml:lang="en-US" id="gaifb_ProceedsFromSubscriptions_lbl2"> Subscriptions </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromSubscriptions" xlink:to="gaifb_ProceedsFromSubscriptions_lbl2" xlink:title="label: ProceedsFromSubscriptions to gaifb_ProceedsFromSubscriptions_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_PaymentsOfRedemptions" xlink:label="PaymentsOfRedemptions" xlink:title="PaymentsOfRedemptions"/>

<link:label xlink:type="resource" xlink:label="gaifb_PaymentsOfRedemptions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_PaymentsOfRedemptions_lbl" xml:lang="en-US" id="gaifb_PaymentsOfRedemptions_lbl"> The cash outflow from unit redemption activity during the reporting period. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsOfRedemptions" xlink:to="gaifb_PaymentsOfRedemptions_lbl" xlink:title="label: PaymentsOfRedemptions to gaifb_PaymentsOfRedemptions_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_PaymentsOfRedemptions_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_PaymentsOfRedemptions_lbl1" xml:lang="en-US" id="gaifb_PaymentsOfRedemptions_lbl1"> Payments Of Redemptions </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsOfRedemptions" xlink:to="gaifb_PaymentsOfRedemptions_lbl1" xlink:title="label: PaymentsOfRedemptions to gaifb_PaymentsOfRedemptions_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_PaymentsOfRedemptions_lbl2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="gaifb_PaymentsOfRedemptions_lbl2" xml:lang="en-US" id="gaifb_PaymentsOfRedemptions_lbl2"> Redemptions </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsOfRedemptions" xlink:to="gaifb_PaymentsOfRedemptions_lbl2" xlink:title="label: PaymentsOfRedemptions to gaifb_PaymentsOfRedemptions_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_InvestmentsMadeInCompany" xlink:label="InvestmentsMadeInCompany" xlink:title="InvestmentsMadeInCompany"/>

<link:label xlink:type="resource" xlink:label="gaifb_InvestmentsMadeInCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_InvestmentsMadeInCompany_lbl" xml:lang="en-US" id="gaifb_InvestmentsMadeInCompany_lbl"> Investments made in Graham Alternative Investment Trading LLC. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsMadeInCompany" xlink:to="gaifb_InvestmentsMadeInCompany_lbl" xlink:title="label: InvestmentsMadeInCompany to gaifb_InvestmentsMadeInCompany_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_InvestmentsMadeInCompany_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_InvestmentsMadeInCompany_lbl1" xml:lang="en-US" id="gaifb_InvestmentsMadeInCompany_lbl1"> Investments made in Graham Alternative Investment Trading LLC </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsMadeInCompany" xlink:to="gaifb_InvestmentsMadeInCompany_lbl1" xlink:title="label: InvestmentsMadeInCompany to gaifb_InvestmentsMadeInCompany_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_InvestmentsMadeInCompany_lbl2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="gaifb_InvestmentsMadeInCompany_lbl2" xml:lang="en-US" id="gaifb_InvestmentsMadeInCompany_lbl2"> Investment in Graham Alternative Investment Trading LLC </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsMadeInCompany" xlink:to="gaifb_InvestmentsMadeInCompany_lbl2" xlink:title="label: InvestmentsMadeInCompany to gaifb_InvestmentsMadeInCompany_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_GrahamAlternativeInvestmentTradingLlcMember" xlink:label="GrahamAlternativeInvestmentTradingLlcMember" xlink:title="GrahamAlternativeInvestmentTradingLlcMember"/>

<link:label xlink:type="resource" xlink:label="gaifb_GrahamAlternativeInvestmentTradingLlcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_GrahamAlternativeInvestmentTradingLlcMember_lbl" xml:lang="en-US" id="gaifb_GrahamAlternativeInvestmentTradingLlcMember_lbl"> Represents funds which invest in various master trading vehicles "Master Funds". </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrahamAlternativeInvestmentTradingLlcMember" xlink:to="gaifb_GrahamAlternativeInvestmentTradingLlcMember_lbl" xlink:title="label: GrahamAlternativeInvestmentTradingLlcMember to gaifb_GrahamAlternativeInvestmentTradingLlcMember_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_GrahamAlternativeInvestmentTradingLlcMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_GrahamAlternativeInvestmentTradingLlcMember_lbl1" xml:lang="en-US" id="gaifb_GrahamAlternativeInvestmentTradingLlcMember_lbl1"> Graham Alternative Investment Trading LLC [Member] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrahamAlternativeInvestmentTradingLlcMember" xlink:to="gaifb_GrahamAlternativeInvestmentTradingLlcMember_lbl1" xlink:title="label: GrahamAlternativeInvestmentTradingLlcMember to gaifb_GrahamAlternativeInvestmentTradingLlcMember_lbl1"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_PartnersCapitalAccountSubscriptions" xlink:label="PartnersCapitalAccountSubscriptions" xlink:title="PartnersCapitalAccountSubscriptions"/>

<link:label xlink:type="resource" xlink:label="gaifb_PartnersCapitalAccountSubscriptions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_PartnersCapitalAccountSubscriptions_lbl" xml:lang="en-US" id="gaifb_PartnersCapitalAccountSubscriptions_lbl"> Total change in each class of partners' capital accounts during the year due to subscriptions. All partners include general, limited and preferred partners. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PartnersCapitalAccountSubscriptions" xlink:to="gaifb_PartnersCapitalAccountSubscriptions_lbl" xlink:title="label: PartnersCapitalAccountSubscriptions to gaifb_PartnersCapitalAccountSubscriptions_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_PartnersCapitalAccountSubscriptions_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_PartnersCapitalAccountSubscriptions_lbl1" xml:lang="en-US" id="gaifb_PartnersCapitalAccountSubscriptions_lbl1"> Partners Capital Account Subscriptions </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PartnersCapitalAccountSubscriptions" xlink:to="gaifb_PartnersCapitalAccountSubscriptions_lbl1" xlink:title="label: PartnersCapitalAccountSubscriptions to gaifb_PartnersCapitalAccountSubscriptions_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_PartnersCapitalAccountSubscriptions_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="gaifb_PartnersCapitalAccountSubscriptions_lbl2" xml:lang="en-US" id="gaifb_PartnersCapitalAccountSubscriptions_lbl2"> Subscriptions </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PartnersCapitalAccountSubscriptions" xlink:to="gaifb_PartnersCapitalAccountSubscriptions_lbl2" xlink:title="label: PartnersCapitalAccountSubscriptions to gaifb_PartnersCapitalAccountSubscriptions_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_PartnersCapitalAccountSubscribed" xlink:label="PartnersCapitalAccountSubscribed" xlink:title="PartnersCapitalAccountSubscribed"/>

<link:label xlink:type="resource" xlink:label="gaifb_PartnersCapitalAccountSubscribed_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_PartnersCapitalAccountSubscribed_lbl" xml:lang="en-US" id="gaifb_PartnersCapitalAccountSubscribed_lbl"> The number of units subscribed during the year of each class of partners' capital account. Units represent shares of ownership of the general, limited, and preferred partners. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PartnersCapitalAccountSubscribed" xlink:to="gaifb_PartnersCapitalAccountSubscribed_lbl" xlink:title="label: PartnersCapitalAccountSubscribed to gaifb_PartnersCapitalAccountSubscribed_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_PartnersCapitalAccountSubscribed_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_PartnersCapitalAccountSubscribed_lbl1" xml:lang="en-US" id="gaifb_PartnersCapitalAccountSubscribed_lbl1"> Partners Capital Account Subscribed </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PartnersCapitalAccountSubscribed" xlink:to="gaifb_PartnersCapitalAccountSubscribed_lbl1" xlink:title="label: PartnersCapitalAccountSubscribed to gaifb_PartnersCapitalAccountSubscribed_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_PartnersCapitalAccountSubscribed_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="gaifb_PartnersCapitalAccountSubscribed_lbl2" xml:lang="en-US" id="gaifb_PartnersCapitalAccountSubscribed_lbl2"> Subscriptions (in units) </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PartnersCapitalAccountSubscribed" xlink:to="gaifb_PartnersCapitalAccountSubscribed_lbl2" xlink:title="label: PartnersCapitalAccountSubscribed to gaifb_PartnersCapitalAccountSubscribed_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_RedemptionReceivable" xlink:label="RedemptionReceivable" xlink:title="RedemptionReceivable"/>

<link:label xlink:type="resource" xlink:label="gaifb_RedemptionReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_RedemptionReceivable_lbl" xml:lang="en-US" id="gaifb_RedemptionReceivable_lbl"> Amounts expected to be received for redemptions from investments at the end of the reporting period. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RedemptionReceivable" xlink:to="gaifb_RedemptionReceivable_lbl" xlink:title="label: RedemptionReceivable to gaifb_RedemptionReceivable_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_RedemptionReceivable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_RedemptionReceivable_lbl1" xml:lang="en-US" id="gaifb_RedemptionReceivable_lbl1"> Redemption receivable </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RedemptionReceivable" xlink:to="gaifb_RedemptionReceivable_lbl1" xlink:title="label: RedemptionReceivable to gaifb_RedemptionReceivable_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_RedemptionReceivable_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="gaifb_RedemptionReceivable_lbl2" xml:lang="en-US" id="gaifb_RedemptionReceivable_lbl2"> Redemptions receivable from Graham Alternative Investment Trading LLC </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RedemptionReceivable" xlink:to="gaifb_RedemptionReceivable_lbl2" xlink:title="label: RedemptionReceivable to gaifb_RedemptionReceivable_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_RedemptionsPayable" xlink:label="RedemptionsPayable" xlink:title="RedemptionsPayable"/>

<link:label xlink:type="resource" xlink:label="gaifb_RedemptionsPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_RedemptionsPayable_lbl" xml:lang="en-US" id="gaifb_RedemptionsPayable_lbl"> Represents amount due to shareholder's for redemptions at the end of the reporting period. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RedemptionsPayable" xlink:to="gaifb_RedemptionsPayable_lbl" xlink:title="label: RedemptionsPayable to gaifb_RedemptionsPayable_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_RedemptionsPayable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_RedemptionsPayable_lbl1" xml:lang="en-US" id="gaifb_RedemptionsPayable_lbl1"> Redemptions payable </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RedemptionsPayable" xlink:to="gaifb_RedemptionsPayable_lbl1" xlink:title="label: RedemptionsPayable to gaifb_RedemptionsPayable_lbl1"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_ProfessionalFeesAndOther" xlink:label="ProfessionalFeesAndOther" xlink:title="ProfessionalFeesAndOther"/>

<link:label xlink:type="resource" xlink:label="gaifb_ProfessionalFeesAndOther_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_ProfessionalFeesAndOther_lbl" xml:lang="en-US" id="gaifb_ProfessionalFeesAndOther_lbl"> Fees paid for professional services including but not limited to legal, audit, and tax services. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfessionalFeesAndOther" xlink:to="gaifb_ProfessionalFeesAndOther_lbl" xlink:title="label: ProfessionalFeesAndOther to gaifb_ProfessionalFeesAndOther_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_ProfessionalFeesAndOther_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_ProfessionalFeesAndOther_lbl1" xml:lang="en-US" id="gaifb_ProfessionalFeesAndOther_lbl1"> Professional fees and other </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfessionalFeesAndOther" xlink:to="gaifb_ProfessionalFeesAndOther_lbl1" xlink:title="label: ProfessionalFeesAndOther to gaifb_ProfessionalFeesAndOther_lbl1"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_NetInvestmentLoss" xlink:label="NetInvestmentLoss" xlink:title="NetInvestmentLoss"/>

<link:label xlink:type="resource" xlink:label="gaifb_NetInvestmentLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_NetInvestmentLoss_lbl" xml:lang="en-US" id="gaifb_NetInvestmentLoss_lbl"> Investment income (loss) net of operating and interest expense. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetInvestmentLoss" xlink:to="gaifb_NetInvestmentLoss_lbl" xlink:title="label: NetInvestmentLoss to gaifb_NetInvestmentLoss_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_NetInvestmentLoss_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_NetInvestmentLoss_lbl1" xml:lang="en-US" id="gaifb_NetInvestmentLoss_lbl1"> Net Investment Loss </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetInvestmentLoss" xlink:to="gaifb_NetInvestmentLoss_lbl1" xlink:title="label: NetInvestmentLoss to gaifb_NetInvestmentLoss_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_NetInvestmentLoss_lbl2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="gaifb_NetInvestmentLoss_lbl2" xml:lang="en-US" id="gaifb_NetInvestmentLoss_lbl2"> Net investment loss allocated from investment in Graham Alternative Investment Trading LLC </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetInvestmentLoss" xlink:to="gaifb_NetInvestmentLoss_lbl2" xlink:title="label: NetInvestmentLoss to gaifb_NetInvestmentLoss_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_CapitalUnitsStatedValue" xlink:label="CapitalUnitsStatedValue" xlink:title="CapitalUnitsStatedValue"/>

<link:label xlink:type="resource" xlink:label="gaifb_CapitalUnitsStatedValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_CapitalUnitsStatedValue_lbl" xml:lang="en-US" id="gaifb_CapitalUnitsStatedValue_lbl"> Represents stated value of each capital unit per unit. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalUnitsStatedValue" xlink:to="gaifb_CapitalUnitsStatedValue_lbl" xlink:title="label: CapitalUnitsStatedValue to gaifb_CapitalUnitsStatedValue_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_CapitalUnitsStatedValue_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_CapitalUnitsStatedValue_lbl1" xml:lang="en-US" id="gaifb_CapitalUnitsStatedValue_lbl1"> Capital units, stated value </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalUnitsStatedValue" xlink:to="gaifb_CapitalUnitsStatedValue_lbl1" xlink:title="label: CapitalUnitsStatedValue to gaifb_CapitalUnitsStatedValue_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_CapitalUnitsStatedValue_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="gaifb_CapitalUnitsStatedValue_lbl2" xml:lang="en-US" id="gaifb_CapitalUnitsStatedValue_lbl2"> Capital units, value (in dollars per unit) </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalUnitsStatedValue" xlink:to="gaifb_CapitalUnitsStatedValue_lbl2" xlink:title="label: CapitalUnitsStatedValue to gaifb_CapitalUnitsStatedValue_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_CapitalUnitsIssued" xlink:label="CapitalUnitsIssued" xlink:title="CapitalUnitsIssued"/>

<link:label xlink:type="resource" xlink:label="gaifb_CapitalUnitsIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_CapitalUnitsIssued_lbl" xml:lang="en-US" id="gaifb_CapitalUnitsIssued_lbl"> Number of capital units or capital shares issued. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalUnitsIssued" xlink:to="gaifb_CapitalUnitsIssued_lbl" xlink:title="label: CapitalUnitsIssued to gaifb_CapitalUnitsIssued_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_CapitalUnitsIssued_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_CapitalUnitsIssued_lbl1" xml:lang="en-US" id="gaifb_CapitalUnitsIssued_lbl1"> Capital Units Issued </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalUnitsIssued" xlink:to="gaifb_CapitalUnitsIssued_lbl1" xlink:title="label: CapitalUnitsIssued to gaifb_CapitalUnitsIssued_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_CapitalUnitsIssued_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="gaifb_CapitalUnitsIssued_lbl2" xml:lang="en-US" id="gaifb_CapitalUnitsIssued_lbl2"> Capital units, issued (in units) </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalUnitsIssued" xlink:to="gaifb_CapitalUnitsIssued_lbl2" xlink:title="label: CapitalUnitsIssued to gaifb_CapitalUnitsIssued_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_RatiosToAverageMembersCapitalAndTotalReturnTableTextBlock" xlink:label="RatiosToAverageMembersCapitalAndTotalReturnTableTextBlock" xlink:title="RatiosToAverageMembersCapitalAndTotalReturnTableTextBlock"/>

<link:label xlink:type="resource" xlink:label="gaifb_RatiosToAverageMembersCapitalAndTotalReturnTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_RatiosToAverageMembersCapitalAndTotalReturnTableTextBlock_lbl" xml:lang="en-US" id="gaifb_RatiosToAverageMembersCapitalAndTotalReturnTableTextBlock_lbl"> Represents tabular disclosure of ratios to average members' capital and total return. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RatiosToAverageMembersCapitalAndTotalReturnTableTextBlock" xlink:to="gaifb_RatiosToAverageMembersCapitalAndTotalReturnTableTextBlock_lbl" xlink:title="label: RatiosToAverageMembersCapitalAndTotalReturnTableTextBlock to gaifb_RatiosToAverageMembersCapitalAndTotalReturnTableTextBlock_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_RatiosToAverageMembersCapitalAndTotalReturnTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_RatiosToAverageMembersCapitalAndTotalReturnTableTextBlock_lbl1" xml:lang="en-US" id="gaifb_RatiosToAverageMembersCapitalAndTotalReturnTableTextBlock_lbl1"> Ratios to Average Members Capital and Total Return [Table Text Block] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RatiosToAverageMembersCapitalAndTotalReturnTableTextBlock" xlink:to="gaifb_RatiosToAverageMembersCapitalAndTotalReturnTableTextBlock_lbl1" xlink:title="label: RatiosToAverageMembersCapitalAndTotalReturnTableTextBlock to gaifb_RatiosToAverageMembersCapitalAndTotalReturnTableTextBlock_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_RatiosToAverageMembersCapitalAndTotalReturnTableTextBlock_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="gaifb_RatiosToAverageMembersCapitalAndTotalReturnTableTextBlock_lbl2" xml:lang="en-US" id="gaifb_RatiosToAverageMembersCapitalAndTotalReturnTableTextBlock_lbl2"> Ratios to Average Members' Capital, Excluding the Managing Member, and Total Return </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RatiosToAverageMembersCapitalAndTotalReturnTableTextBlock" xlink:to="gaifb_RatiosToAverageMembersCapitalAndTotalReturnTableTextBlock_lbl2" xlink:title="label: RatiosToAverageMembersCapitalAndTotalReturnTableTextBlock to gaifb_RatiosToAverageMembersCapitalAndTotalReturnTableTextBlock_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_OperatingPerformanceCalculationPerUnitTableTextBlock" xlink:label="OperatingPerformanceCalculationPerUnitTableTextBlock" xlink:title="OperatingPerformanceCalculationPerUnitTableTextBlock"/>

<link:label xlink:type="resource" xlink:label="gaifb_OperatingPerformanceCalculationPerUnitTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_OperatingPerformanceCalculationPerUnitTableTextBlock_lbl" xml:lang="en-US" id="gaifb_OperatingPerformanceCalculationPerUnitTableTextBlock_lbl"> Represents tabular disclosure of operating performance calculation per unit. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingPerformanceCalculationPerUnitTableTextBlock" xlink:to="gaifb_OperatingPerformanceCalculationPerUnitTableTextBlock_lbl" xlink:title="label: OperatingPerformanceCalculationPerUnitTableTextBlock to gaifb_OperatingPerformanceCalculationPerUnitTableTextBlock_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_OperatingPerformanceCalculationPerUnitTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_OperatingPerformanceCalculationPerUnitTableTextBlock_lbl1" xml:lang="en-US" id="gaifb_OperatingPerformanceCalculationPerUnitTableTextBlock_lbl1"> Operating Performance Calculation Per Unit [Table Text Block] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingPerformanceCalculationPerUnitTableTextBlock" xlink:to="gaifb_OperatingPerformanceCalculationPerUnitTableTextBlock_lbl1" xlink:title="label: OperatingPerformanceCalculationPerUnitTableTextBlock to gaifb_OperatingPerformanceCalculationPerUnitTableTextBlock_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_OperatingPerformanceCalculationPerUnitTableTextBlock_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="gaifb_OperatingPerformanceCalculationPerUnitTableTextBlock_lbl2" xml:lang="en-US" id="gaifb_OperatingPerformanceCalculationPerUnitTableTextBlock_lbl2"> Operating Performance Calculation Per Unit </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingPerformanceCalculationPerUnitTableTextBlock" xlink:to="gaifb_OperatingPerformanceCalculationPerUnitTableTextBlock_lbl2" xlink:title="label: OperatingPerformanceCalculationPerUnitTableTextBlock to gaifb_OperatingPerformanceCalculationPerUnitTableTextBlock_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_ScheduleOfSponsorFeesTableTextBlock" xlink:label="ScheduleOfSponsorFeesTableTextBlock" xlink:title="ScheduleOfSponsorFeesTableTextBlock"/>

<link:label xlink:type="resource" xlink:label="gaifb_ScheduleOfSponsorFeesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_ScheduleOfSponsorFeesTableTextBlock_lbl" xml:lang="en-US" id="gaifb_ScheduleOfSponsorFeesTableTextBlock_lbl"> Tabular disclosure of Sponsor Fees at an annual rate, disclosed as a percentage. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfSponsorFeesTableTextBlock" xlink:to="gaifb_ScheduleOfSponsorFeesTableTextBlock_lbl" xlink:title="label: ScheduleOfSponsorFeesTableTextBlock to gaifb_ScheduleOfSponsorFeesTableTextBlock_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_ScheduleOfSponsorFeesTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_ScheduleOfSponsorFeesTableTextBlock_lbl1" xml:lang="en-US" id="gaifb_ScheduleOfSponsorFeesTableTextBlock_lbl1"> Schedule of Sponsor Fees [Table Text Block] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfSponsorFeesTableTextBlock" xlink:to="gaifb_ScheduleOfSponsorFeesTableTextBlock_lbl1" xlink:title="label: ScheduleOfSponsorFeesTableTextBlock to gaifb_ScheduleOfSponsorFeesTableTextBlock_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_ScheduleOfSponsorFeesTableTextBlock_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="gaifb_ScheduleOfSponsorFeesTableTextBlock_lbl2" xml:lang="en-US" id="gaifb_ScheduleOfSponsorFeesTableTextBlock_lbl2"> Sponsor Fees </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfSponsorFeesTableTextBlock" xlink:to="gaifb_ScheduleOfSponsorFeesTableTextBlock_lbl2" xlink:title="label: ScheduleOfSponsorFeesTableTextBlock to gaifb_ScheduleOfSponsorFeesTableTextBlock_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_OperatingPerformanceCalculationPerUnitAbstract" xlink:label="OperatingPerformanceCalculationPerUnitAbstract" xlink:title="OperatingPerformanceCalculationPerUnitAbstract"/>

<link:label xlink:type="resource" xlink:label="gaifb_OperatingPerformanceCalculationPerUnitAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_OperatingPerformanceCalculationPerUnitAbstract_lbl1" xml:lang="en-US" id="gaifb_OperatingPerformanceCalculationPerUnitAbstract_lbl1"> Operating Performance Calculation Per Unit [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingPerformanceCalculationPerUnitAbstract" xlink:to="gaifb_OperatingPerformanceCalculationPerUnitAbstract_lbl1" xlink:title="label: OperatingPerformanceCalculationPerUnitAbstract to gaifb_OperatingPerformanceCalculationPerUnitAbstract_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_OperatingPerformanceCalculationPerUnitAbstract_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="gaifb_OperatingPerformanceCalculationPerUnitAbstract_lbl2" xml:lang="en-US" id="gaifb_OperatingPerformanceCalculationPerUnitAbstract_lbl2"> Operating performance calculation per unit [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingPerformanceCalculationPerUnitAbstract" xlink:to="gaifb_OperatingPerformanceCalculationPerUnitAbstract_lbl2" xlink:title="label: OperatingPerformanceCalculationPerUnitAbstract to gaifb_OperatingPerformanceCalculationPerUnitAbstract_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_RatiosToAverageMembersCapitalAndTotalReturnAbstract" xlink:label="RatiosToAverageMembersCapitalAndTotalReturnAbstract" xlink:title="RatiosToAverageMembersCapitalAndTotalReturnAbstract"/>

<link:label xlink:type="resource" xlink:label="gaifb_RatiosToAverageMembersCapitalAndTotalReturnAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_RatiosToAverageMembersCapitalAndTotalReturnAbstract_lbl1" xml:lang="en-US" id="gaifb_RatiosToAverageMembersCapitalAndTotalReturnAbstract_lbl1"> Ratios To Average Members Capital And Total Return [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RatiosToAverageMembersCapitalAndTotalReturnAbstract" xlink:to="gaifb_RatiosToAverageMembersCapitalAndTotalReturnAbstract_lbl1" xlink:title="label: RatiosToAverageMembersCapitalAndTotalReturnAbstract to gaifb_RatiosToAverageMembersCapitalAndTotalReturnAbstract_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_RatiosToAverageMembersCapitalAndTotalReturnAbstract_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="gaifb_RatiosToAverageMembersCapitalAndTotalReturnAbstract_lbl2" xml:lang="en-US" id="gaifb_RatiosToAverageMembersCapitalAndTotalReturnAbstract_lbl2"> Ratios to average members' capital and total return [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RatiosToAverageMembersCapitalAndTotalReturnAbstract" xlink:to="gaifb_RatiosToAverageMembersCapitalAndTotalReturnAbstract_lbl2" xlink:title="label: RatiosToAverageMembersCapitalAndTotalReturnAbstract to gaifb_RatiosToAverageMembersCapitalAndTotalReturnAbstract_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_IncentiveAllocationAllocatedToExpenses" xlink:label="IncentiveAllocationAllocatedToExpenses" xlink:title="IncentiveAllocationAllocatedToExpenses"/>

<link:label xlink:type="resource" xlink:label="gaifb_IncentiveAllocationAllocatedToExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_IncentiveAllocationAllocatedToExpenses_lbl" xml:lang="en-US" id="gaifb_IncentiveAllocationAllocatedToExpenses_lbl"> Incentive allocation paid to the manager. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncentiveAllocationAllocatedToExpenses" xlink:to="gaifb_IncentiveAllocationAllocatedToExpenses_lbl" xlink:title="label: IncentiveAllocationAllocatedToExpenses to gaifb_IncentiveAllocationAllocatedToExpenses_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_IncentiveAllocationAllocatedToExpenses_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_IncentiveAllocationAllocatedToExpenses_lbl1" xml:lang="en-US" id="gaifb_IncentiveAllocationAllocatedToExpenses_lbl1"> Incentive Allocation Allocated To Expenses </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncentiveAllocationAllocatedToExpenses" xlink:to="gaifb_IncentiveAllocationAllocatedToExpenses_lbl1" xlink:title="label: IncentiveAllocationAllocatedToExpenses to gaifb_IncentiveAllocationAllocatedToExpenses_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_IncentiveAllocationAllocatedToExpenses_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="gaifb_IncentiveAllocationAllocatedToExpenses_lbl2" xml:lang="en-US" id="gaifb_IncentiveAllocationAllocatedToExpenses_lbl2"> Incentive Allocation </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncentiveAllocationAllocatedToExpenses" xlink:to="gaifb_IncentiveAllocationAllocatedToExpenses_lbl2" xlink:title="label: IncentiveAllocationAllocatedToExpenses to gaifb_IncentiveAllocationAllocatedToExpenses_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_NetAssetValuePerUnitAbstract" xlink:label="NetAssetValuePerUnitAbstract" xlink:title="NetAssetValuePerUnitAbstract"/>

<link:label xlink:type="resource" xlink:label="gaifb_NetAssetValuePerUnitAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_NetAssetValuePerUnitAbstract_lbl1" xml:lang="en-US" id="gaifb_NetAssetValuePerUnitAbstract_lbl1"> Net Asset Value Per Unit [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetAssetValuePerUnitAbstract" xlink:to="gaifb_NetAssetValuePerUnitAbstract_lbl1" xlink:title="label: NetAssetValuePerUnitAbstract to gaifb_NetAssetValuePerUnitAbstract_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_NetAssetValuePerUnitAbstract_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="gaifb_NetAssetValuePerUnitAbstract_lbl2" xml:lang="en-US" id="gaifb_NetAssetValuePerUnitAbstract_lbl2"> Per unit operating performance [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetAssetValuePerUnitAbstract" xlink:to="gaifb_NetAssetValuePerUnitAbstract_lbl2" xlink:title="label: NetAssetValuePerUnitAbstract to gaifb_NetAssetValuePerUnitAbstract_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_InvestmentsEntitiesThatCalculateNetAssetValuePerShareNetInvestmentLoss" xlink:label="InvestmentsEntitiesThatCalculateNetAssetValuePerShareNetInvestmentLoss" xlink:title="InvestmentsEntitiesThatCalculateNetAssetValuePerShareNetInvestmentLoss"/>

<link:label xlink:type="resource" xlink:label="gaifb_InvestmentsEntitiesThatCalculateNetAssetValuePerShareNetInvestmentLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_InvestmentsEntitiesThatCalculateNetAssetValuePerShareNetInvestmentLoss_lbl" xml:lang="en-US" id="gaifb_InvestmentsEntitiesThatCalculateNetAssetValuePerShareNetInvestmentLoss_lbl"> Amount of losses realized during the period from certain investments for which net asset value per share is calculated (including by unit, membership interest, or other equity (ownership interest) unit measure) (alternative investments). </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsEntitiesThatCalculateNetAssetValuePerShareNetInvestmentLoss" xlink:to="gaifb_InvestmentsEntitiesThatCalculateNetAssetValuePerShareNetInvestmentLoss_lbl" xlink:title="label: InvestmentsEntitiesThatCalculateNetAssetValuePerShareNetInvestmentLoss to gaifb_InvestmentsEntitiesThatCalculateNetAssetValuePerShareNetInvestmentLoss_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_InvestmentsEntitiesThatCalculateNetAssetValuePerShareNetInvestmentLoss_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_InvestmentsEntitiesThatCalculateNetAssetValuePerShareNetInvestmentLoss_lbl1" xml:lang="en-US" id="gaifb_InvestmentsEntitiesThatCalculateNetAssetValuePerShareNetInvestmentLoss_lbl1"> Investments Entities That Calculate Net Asset Value Per Share Net Investment Loss </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsEntitiesThatCalculateNetAssetValuePerShareNetInvestmentLoss" xlink:to="gaifb_InvestmentsEntitiesThatCalculateNetAssetValuePerShareNetInvestmentLoss_lbl1" xlink:title="label: InvestmentsEntitiesThatCalculateNetAssetValuePerShareNetInvestmentLoss to gaifb_InvestmentsEntitiesThatCalculateNetAssetValuePerShareNetInvestmentLoss_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_InvestmentsEntitiesThatCalculateNetAssetValuePerShareNetInvestmentLoss_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="gaifb_InvestmentsEntitiesThatCalculateNetAssetValuePerShareNetInvestmentLoss_lbl2" xml:lang="en-US" id="gaifb_InvestmentsEntitiesThatCalculateNetAssetValuePerShareNetInvestmentLoss_lbl2"> Net investment loss (in dollars per unit) </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsEntitiesThatCalculateNetAssetValuePerShareNetInvestmentLoss" xlink:to="gaifb_InvestmentsEntitiesThatCalculateNetAssetValuePerShareNetInvestmentLoss_lbl2" xlink:title="label: InvestmentsEntitiesThatCalculateNetAssetValuePerShareNetInvestmentLoss to gaifb_InvestmentsEntitiesThatCalculateNetAssetValuePerShareNetInvestmentLoss_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_IncentiveAllocationOfNetInvestmentPercentage" xlink:label="IncentiveAllocationOfNetInvestmentPercentage" xlink:title="IncentiveAllocationOfNetInvestmentPercentage"/>

<link:label xlink:type="resource" xlink:label="gaifb_IncentiveAllocationOfNetInvestmentPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_IncentiveAllocationOfNetInvestmentPercentage_lbl" xml:lang="en-US" id="gaifb_IncentiveAllocationOfNetInvestmentPercentage_lbl"> Calculated incentive allocation as a percentage of average capital. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncentiveAllocationOfNetInvestmentPercentage" xlink:to="gaifb_IncentiveAllocationOfNetInvestmentPercentage_lbl" xlink:title="label: IncentiveAllocationOfNetInvestmentPercentage to gaifb_IncentiveAllocationOfNetInvestmentPercentage_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_IncentiveAllocationOfNetInvestmentPercentage_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_IncentiveAllocationOfNetInvestmentPercentage_lbl1" xml:lang="en-US" id="gaifb_IncentiveAllocationOfNetInvestmentPercentage_lbl1"> Incentive Allocation of Net Investment Percentage </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncentiveAllocationOfNetInvestmentPercentage" xlink:to="gaifb_IncentiveAllocationOfNetInvestmentPercentage_lbl1" xlink:title="label: IncentiveAllocationOfNetInvestmentPercentage to gaifb_IncentiveAllocationOfNetInvestmentPercentage_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_IncentiveAllocationOfNetInvestmentPercentage_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="gaifb_IncentiveAllocationOfNetInvestmentPercentage_lbl2" xml:lang="en-US" id="gaifb_IncentiveAllocationOfNetInvestmentPercentage_lbl2"> Incentive Allocation </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncentiveAllocationOfNetInvestmentPercentage" xlink:to="gaifb_IncentiveAllocationOfNetInvestmentPercentage_lbl2" xlink:title="label: IncentiveAllocationOfNetInvestmentPercentage to gaifb_IncentiveAllocationOfNetInvestmentPercentage_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_EntitiesThatCalculateNetAssetValuePerShareIncentiveAllocation" xlink:label="EntitiesThatCalculateNetAssetValuePerShareIncentiveAllocation" xlink:title="EntitiesThatCalculateNetAssetValuePerShareIncentiveAllocation"/>

<link:label xlink:type="resource" xlink:label="gaifb_EntitiesThatCalculateNetAssetValuePerShareIncentiveAllocation_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_EntitiesThatCalculateNetAssetValuePerShareIncentiveAllocation_lbl" xml:lang="en-US" id="gaifb_EntitiesThatCalculateNetAssetValuePerShareIncentiveAllocation_lbl"> Calculated incentive allocation as a percentage of beginning capital. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitiesThatCalculateNetAssetValuePerShareIncentiveAllocation" xlink:to="gaifb_EntitiesThatCalculateNetAssetValuePerShareIncentiveAllocation_lbl" xlink:title="label: EntitiesThatCalculateNetAssetValuePerShareIncentiveAllocation to gaifb_EntitiesThatCalculateNetAssetValuePerShareIncentiveAllocation_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_EntitiesThatCalculateNetAssetValuePerShareIncentiveAllocation_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_EntitiesThatCalculateNetAssetValuePerShareIncentiveAllocation_lbl1" xml:lang="en-US" id="gaifb_EntitiesThatCalculateNetAssetValuePerShareIncentiveAllocation_lbl1"> Entities That Calculate Net Asset Value Per Share Incentive Allocation </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitiesThatCalculateNetAssetValuePerShareIncentiveAllocation" xlink:to="gaifb_EntitiesThatCalculateNetAssetValuePerShareIncentiveAllocation_lbl1" xlink:title="label: EntitiesThatCalculateNetAssetValuePerShareIncentiveAllocation to gaifb_EntitiesThatCalculateNetAssetValuePerShareIncentiveAllocation_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_EntitiesThatCalculateNetAssetValuePerShareIncentiveAllocation_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="gaifb_EntitiesThatCalculateNetAssetValuePerShareIncentiveAllocation_lbl2" xml:lang="en-US" id="gaifb_EntitiesThatCalculateNetAssetValuePerShareIncentiveAllocation_lbl2"> Incentive Allocation </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitiesThatCalculateNetAssetValuePerShareIncentiveAllocation" xlink:to="gaifb_EntitiesThatCalculateNetAssetValuePerShareIncentiveAllocation_lbl2" xlink:title="label: EntitiesThatCalculateNetAssetValuePerShareIncentiveAllocation to gaifb_EntitiesThatCalculateNetAssetValuePerShareIncentiveAllocation_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_NetGainLossOnInvestment" xlink:label="NetGainLossOnInvestment" xlink:title="NetGainLossOnInvestment"/>

<link:label xlink:type="resource" xlink:label="gaifb_NetGainLossOnInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_NetGainLossOnInvestment_lbl" xml:lang="en-US" id="gaifb_NetGainLossOnInvestment_lbl"> Investment income (loss) net of operating and interest expense. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetGainLossOnInvestment" xlink:to="gaifb_NetGainLossOnInvestment_lbl" xlink:title="label: NetGainLossOnInvestment to gaifb_NetGainLossOnInvestment_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_NetGainLossOnInvestment_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_NetGainLossOnInvestment_lbl1" xml:lang="en-US" id="gaifb_NetGainLossOnInvestment_lbl1"> Net Gain Loss On Investment </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetGainLossOnInvestment" xlink:to="gaifb_NetGainLossOnInvestment_lbl1" xlink:title="label: NetGainLossOnInvestment to gaifb_NetGainLossOnInvestment_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_NetGainLossOnInvestment_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="gaifb_NetGainLossOnInvestment_lbl2" xml:lang="en-US" id="gaifb_NetGainLossOnInvestment_lbl2"> Net gain on investments (in dollars per unit) </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetGainLossOnInvestment" xlink:to="gaifb_NetGainLossOnInvestment_lbl2" xlink:title="label: NetGainLossOnInvestment to gaifb_NetGainLossOnInvestment_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_IncomeLossNet" xlink:label="IncomeLossNet" xlink:title="IncomeLossNet"/>

<link:label xlink:type="resource" xlink:label="gaifb_IncomeLossNet_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_IncomeLossNet_lbl" xml:lang="en-US" id="gaifb_IncomeLossNet_lbl"> Investment income (loss) net of operating and interest expense. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeLossNet" xlink:to="gaifb_IncomeLossNet_lbl" xlink:title="label: IncomeLossNet to gaifb_IncomeLossNet_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_IncomeLossNet_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_IncomeLossNet_lbl1" xml:lang="en-US" id="gaifb_IncomeLossNet_lbl1"> Income loss Net </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeLossNet" xlink:to="gaifb_IncomeLossNet_lbl1" xlink:title="label: IncomeLossNet to gaifb_IncomeLossNet_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_IncomeLossNet_lbl2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="gaifb_IncomeLossNet_lbl2" xml:lang="en-US" id="gaifb_IncomeLossNet_lbl2"> Net gain (in dollars per unit) </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeLossNet" xlink:to="gaifb_IncomeLossNet_lbl2" xlink:title="label: IncomeLossNet to gaifb_IncomeLossNet_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_GrahamAlternativeInvestmentLtdAbstract" xlink:label="GrahamAlternativeInvestmentLtdAbstract" xlink:title="GrahamAlternativeInvestmentLtdAbstract"/>

<link:label xlink:type="resource" xlink:label="gaifb_GrahamAlternativeInvestmentLtdAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_GrahamAlternativeInvestmentLtdAbstract_lbl1" xml:lang="en-US" id="gaifb_GrahamAlternativeInvestmentLtdAbstract_lbl1"> Graham Alternative Investment Ltd. [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrahamAlternativeInvestmentLtdAbstract" xlink:to="gaifb_GrahamAlternativeInvestmentLtdAbstract_lbl1" xlink:title="label: GrahamAlternativeInvestmentLtdAbstract to gaifb_GrahamAlternativeInvestmentLtdAbstract_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_GrahamAlternativeInvestmentLtdAbstract_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="gaifb_GrahamAlternativeInvestmentLtdAbstract_lbl2" xml:lang="en-US" id="gaifb_GrahamAlternativeInvestmentLtdAbstract_lbl2"> Graham Alternative Investment Ltd. [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrahamAlternativeInvestmentLtdAbstract" xlink:to="gaifb_GrahamAlternativeInvestmentLtdAbstract_lbl2" xlink:title="label: GrahamAlternativeInvestmentLtdAbstract to gaifb_GrahamAlternativeInvestmentLtdAbstract_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_PercentageOfOwnershipInterest" xlink:label="PercentageOfOwnershipInterest" xlink:title="PercentageOfOwnershipInterest"/>

<link:label xlink:type="resource" xlink:label="gaifb_PercentageOfOwnershipInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_PercentageOfOwnershipInterest_lbl" xml:lang="en-US" id="gaifb_PercentageOfOwnershipInterest_lbl"> Represents parent entity's interest in net assets, expressed as a percentage. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfOwnershipInterest" xlink:to="gaifb_PercentageOfOwnershipInterest_lbl" xlink:title="label: PercentageOfOwnershipInterest to gaifb_PercentageOfOwnershipInterest_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_PercentageOfOwnershipInterest_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_PercentageOfOwnershipInterest_lbl1" xml:lang="en-US" id="gaifb_PercentageOfOwnershipInterest_lbl1"> Percentage of Ownership Interest </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfOwnershipInterest" xlink:to="gaifb_PercentageOfOwnershipInterest_lbl1" xlink:title="label: PercentageOfOwnershipInterest to gaifb_PercentageOfOwnershipInterest_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_PercentageOfOwnershipInterest_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="gaifb_PercentageOfOwnershipInterest_lbl2" xml:lang="en-US" id="gaifb_PercentageOfOwnershipInterest_lbl2"> Percentage of ownership interest </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfOwnershipInterest" xlink:to="gaifb_PercentageOfOwnershipInterest_lbl2" xlink:title="label: PercentageOfOwnershipInterest to gaifb_PercentageOfOwnershipInterest_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_NoticePeriodForUnitsSubscription" xlink:label="NoticePeriodForUnitsSubscription" xlink:title="NoticePeriodForUnitsSubscription"/>

<link:label xlink:type="resource" xlink:label="gaifb_NoticePeriodForUnitsSubscription_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_NoticePeriodForUnitsSubscription_lbl" xml:lang="en-US" id="gaifb_NoticePeriodForUnitsSubscription_lbl"> Represents minimum notice period for units available for subscription. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoticePeriodForUnitsSubscription" xlink:to="gaifb_NoticePeriodForUnitsSubscription_lbl" xlink:title="label: NoticePeriodForUnitsSubscription to gaifb_NoticePeriodForUnitsSubscription_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_NoticePeriodForUnitsSubscription_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_NoticePeriodForUnitsSubscription_lbl1" xml:lang="en-US" id="gaifb_NoticePeriodForUnitsSubscription_lbl1"> Notice Period for Units Subscription </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoticePeriodForUnitsSubscription" xlink:to="gaifb_NoticePeriodForUnitsSubscription_lbl1" xlink:title="label: NoticePeriodForUnitsSubscription to gaifb_NoticePeriodForUnitsSubscription_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_NoticePeriodForUnitsSubscription_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="gaifb_NoticePeriodForUnitsSubscription_lbl2" xml:lang="en-US" id="gaifb_NoticePeriodForUnitsSubscription_lbl2"> Notice period for units subscription </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoticePeriodForUnitsSubscription" xlink:to="gaifb_NoticePeriodForUnitsSubscription_lbl2" xlink:title="label: NoticePeriodForUnitsSubscription to gaifb_NoticePeriodForUnitsSubscription_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_NoticePeriodForUnitsRedemption" xlink:label="NoticePeriodForUnitsRedemption" xlink:title="NoticePeriodForUnitsRedemption"/>

<link:label xlink:type="resource" xlink:label="gaifb_NoticePeriodForUnitsRedemption_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_NoticePeriodForUnitsRedemption_lbl" xml:lang="en-US" id="gaifb_NoticePeriodForUnitsRedemption_lbl"> Represents minimum notice period for units available for redemption. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoticePeriodForUnitsRedemption" xlink:to="gaifb_NoticePeriodForUnitsRedemption_lbl" xlink:title="label: NoticePeriodForUnitsRedemption to gaifb_NoticePeriodForUnitsRedemption_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_NoticePeriodForUnitsRedemption_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_NoticePeriodForUnitsRedemption_lbl1" xml:lang="en-US" id="gaifb_NoticePeriodForUnitsRedemption_lbl1"> Notice Period For Units Redemption </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoticePeriodForUnitsRedemption" xlink:to="gaifb_NoticePeriodForUnitsRedemption_lbl1" xlink:title="label: NoticePeriodForUnitsRedemption to gaifb_NoticePeriodForUnitsRedemption_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_NoticePeriodForUnitsRedemption_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="gaifb_NoticePeriodForUnitsRedemption_lbl2" xml:lang="en-US" id="gaifb_NoticePeriodForUnitsRedemption_lbl2"> Notice period for units redemption </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoticePeriodForUnitsRedemption" xlink:to="gaifb_NoticePeriodForUnitsRedemption_lbl2" xlink:title="label: NoticePeriodForUnitsRedemption to gaifb_NoticePeriodForUnitsRedemption_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_HoldingPostPartialRedemption" xlink:label="HoldingPostPartialRedemption" xlink:title="HoldingPostPartialRedemption"/>

<link:label xlink:type="resource" xlink:label="gaifb_HoldingPostPartialRedemption_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_HoldingPostPartialRedemption_lbl" xml:lang="en-US" id="gaifb_HoldingPostPartialRedemption_lbl"> Represents minimum holding that an investor must have before partial redemption. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HoldingPostPartialRedemption" xlink:to="gaifb_HoldingPostPartialRedemption_lbl" xlink:title="label: HoldingPostPartialRedemption to gaifb_HoldingPostPartialRedemption_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_HoldingPostPartialRedemption_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_HoldingPostPartialRedemption_lbl1" xml:lang="en-US" id="gaifb_HoldingPostPartialRedemption_lbl1"> Holding Post Partial Redemption </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HoldingPostPartialRedemption" xlink:to="gaifb_HoldingPostPartialRedemption_lbl1" xlink:title="label: HoldingPostPartialRedemption to gaifb_HoldingPostPartialRedemption_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_HoldingPostPartialRedemption_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="gaifb_HoldingPostPartialRedemption_lbl2" xml:lang="en-US" id="gaifb_HoldingPostPartialRedemption_lbl2"> Holding post partial redemption </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HoldingPostPartialRedemption" xlink:to="gaifb_HoldingPostPartialRedemption_lbl2" xlink:title="label: HoldingPostPartialRedemption to gaifb_HoldingPostPartialRedemption_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_AmountForPartialRedemptionRequest" xlink:label="AmountForPartialRedemptionRequest" xlink:title="AmountForPartialRedemptionRequest"/>

<link:label xlink:type="resource" xlink:label="gaifb_AmountForPartialRedemptionRequest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_AmountForPartialRedemptionRequest_lbl" xml:lang="en-US" id="gaifb_AmountForPartialRedemptionRequest_lbl"> Represents minimum amount for partial redemption request. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountForPartialRedemptionRequest" xlink:to="gaifb_AmountForPartialRedemptionRequest_lbl" xlink:title="label: AmountForPartialRedemptionRequest to gaifb_AmountForPartialRedemptionRequest_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_AmountForPartialRedemptionRequest_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_AmountForPartialRedemptionRequest_lbl1" xml:lang="en-US" id="gaifb_AmountForPartialRedemptionRequest_lbl1"> Amount for Partial Redemption Request </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountForPartialRedemptionRequest" xlink:to="gaifb_AmountForPartialRedemptionRequest_lbl1" xlink:title="label: AmountForPartialRedemptionRequest to gaifb_AmountForPartialRedemptionRequest_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_AmountForPartialRedemptionRequest_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="gaifb_AmountForPartialRedemptionRequest_lbl2" xml:lang="en-US" id="gaifb_AmountForPartialRedemptionRequest_lbl2"> Amount for partial redemption request </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountForPartialRedemptionRequest" xlink:to="gaifb_AmountForPartialRedemptionRequest_lbl2" xlink:title="label: AmountForPartialRedemptionRequest to gaifb_AmountForPartialRedemptionRequest_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_SubscriptionForAdditionalUnitsSubscribed" xlink:label="SubscriptionForAdditionalUnitsSubscribed" xlink:title="SubscriptionForAdditionalUnitsSubscribed"/>

<link:label xlink:type="resource" xlink:label="gaifb_SubscriptionForAdditionalUnitsSubscribed_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_SubscriptionForAdditionalUnitsSubscribed_lbl" xml:lang="en-US" id="gaifb_SubscriptionForAdditionalUnitsSubscribed_lbl"> Represents minimum subscription for additional units subscribed to members under each class. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubscriptionForAdditionalUnitsSubscribed" xlink:to="gaifb_SubscriptionForAdditionalUnitsSubscribed_lbl" xlink:title="label: SubscriptionForAdditionalUnitsSubscribed to gaifb_SubscriptionForAdditionalUnitsSubscribed_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_SubscriptionForAdditionalUnitsSubscribed_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_SubscriptionForAdditionalUnitsSubscribed_lbl1" xml:lang="en-US" id="gaifb_SubscriptionForAdditionalUnitsSubscribed_lbl1"> Subscription for Additional Units Subscribed </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubscriptionForAdditionalUnitsSubscribed" xlink:to="gaifb_SubscriptionForAdditionalUnitsSubscribed_lbl1" xlink:title="label: SubscriptionForAdditionalUnitsSubscribed to gaifb_SubscriptionForAdditionalUnitsSubscribed_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_SubscriptionForAdditionalUnitsSubscribed_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="gaifb_SubscriptionForAdditionalUnitsSubscribed_lbl2" xml:lang="en-US" id="gaifb_SubscriptionForAdditionalUnitsSubscribed_lbl2"> Cost for additional units </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubscriptionForAdditionalUnitsSubscribed" xlink:to="gaifb_SubscriptionForAdditionalUnitsSubscribed_lbl2" xlink:title="label: SubscriptionForAdditionalUnitsSubscribed to gaifb_SubscriptionForAdditionalUnitsSubscribed_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_PeriodOfRemittanceRedemptionProceeds" xlink:label="PeriodOfRemittanceRedemptionProceeds" xlink:title="PeriodOfRemittanceRedemptionProceeds"/>

<link:label xlink:type="resource" xlink:label="gaifb_PeriodOfRemittanceRedemptionProceeds_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_PeriodOfRemittanceRedemptionProceeds_lbl" xml:lang="en-US" id="gaifb_PeriodOfRemittanceRedemptionProceeds_lbl"> Represents period of remittance of redemption proceed. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodOfRemittanceRedemptionProceeds" xlink:to="gaifb_PeriodOfRemittanceRedemptionProceeds_lbl" xlink:title="label: PeriodOfRemittanceRedemptionProceeds to gaifb_PeriodOfRemittanceRedemptionProceeds_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_PeriodOfRemittanceRedemptionProceeds_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_PeriodOfRemittanceRedemptionProceeds_lbl1" xml:lang="en-US" id="gaifb_PeriodOfRemittanceRedemptionProceeds_lbl1"> Period of Remittance Redemption Proceeds </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodOfRemittanceRedemptionProceeds" xlink:to="gaifb_PeriodOfRemittanceRedemptionProceeds_lbl1" xlink:title="label: PeriodOfRemittanceRedemptionProceeds to gaifb_PeriodOfRemittanceRedemptionProceeds_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_PeriodOfRemittanceRedemptionProceeds_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="gaifb_PeriodOfRemittanceRedemptionProceeds_lbl2" xml:lang="en-US" id="gaifb_PeriodOfRemittanceRedemptionProceeds_lbl2"> Period of remittance for redemption proceeds </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodOfRemittanceRedemptionProceeds" xlink:to="gaifb_PeriodOfRemittanceRedemptionProceeds_lbl2" xlink:title="label: PeriodOfRemittanceRedemptionProceeds to gaifb_PeriodOfRemittanceRedemptionProceeds_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_InitialSubscriptionAmount" xlink:label="InitialSubscriptionAmount" xlink:title="InitialSubscriptionAmount"/>

<link:label xlink:type="resource" xlink:label="gaifb_InitialSubscriptionAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_InitialSubscriptionAmount_lbl" xml:lang="en-US" id="gaifb_InitialSubscriptionAmount_lbl"> Minimum amount required by the investors to invest in each class of capital units or shares. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InitialSubscriptionAmount" xlink:to="gaifb_InitialSubscriptionAmount_lbl" xlink:title="label: InitialSubscriptionAmount to gaifb_InitialSubscriptionAmount_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_InitialSubscriptionAmount_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_InitialSubscriptionAmount_lbl1" xml:lang="en-US" id="gaifb_InitialSubscriptionAmount_lbl1"> Initial Subscription Amount </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InitialSubscriptionAmount" xlink:to="gaifb_InitialSubscriptionAmount_lbl1" xlink:title="label: InitialSubscriptionAmount to gaifb_InitialSubscriptionAmount_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_InitialSubscriptionAmount_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="gaifb_InitialSubscriptionAmount_lbl2" xml:lang="en-US" id="gaifb_InitialSubscriptionAmount_lbl2"> Initial subscription amount </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InitialSubscriptionAmount" xlink:to="gaifb_InitialSubscriptionAmount_lbl2" xlink:title="label: InitialSubscriptionAmount to gaifb_InitialSubscriptionAmount_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_NumberOfClassesOfUnits" xlink:label="NumberOfClassesOfUnits" xlink:title="NumberOfClassesOfUnits"/>

<link:label xlink:type="resource" xlink:label="gaifb_NumberOfClassesOfUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_NumberOfClassesOfUnits_lbl" xml:lang="en-US" id="gaifb_NumberOfClassesOfUnits_lbl"> Number of classes of units in different series or portfolio offered by the fund. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfClassesOfUnits" xlink:to="gaifb_NumberOfClassesOfUnits_lbl" xlink:title="label: NumberOfClassesOfUnits to gaifb_NumberOfClassesOfUnits_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_NumberOfClassesOfUnits_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_NumberOfClassesOfUnits_lbl1" xml:lang="en-US" id="gaifb_NumberOfClassesOfUnits_lbl1"> Number Of Classes Of Units </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfClassesOfUnits" xlink:to="gaifb_NumberOfClassesOfUnits_lbl1" xlink:title="label: NumberOfClassesOfUnits to gaifb_NumberOfClassesOfUnits_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_NumberOfClassesOfUnits_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="gaifb_NumberOfClassesOfUnits_lbl2" xml:lang="en-US" id="gaifb_NumberOfClassesOfUnits_lbl2"> Number of classes of units offered by Fund </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfClassesOfUnits" xlink:to="gaifb_NumberOfClassesOfUnits_lbl2" xlink:title="label: NumberOfClassesOfUnits to gaifb_NumberOfClassesOfUnits_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_FundRedemptions" xlink:label="FundRedemptions" xlink:title="FundRedemptions"/>

<link:label xlink:type="resource" xlink:label="gaifb_FundRedemptions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_FundRedemptions_lbl" xml:lang="en-US" id="gaifb_FundRedemptions_lbl"> The amount of redemptions of the fund during the period from the beginning of the period to the latest practicable date. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FundRedemptions" xlink:to="gaifb_FundRedemptions_lbl" xlink:title="label: FundRedemptions to gaifb_FundRedemptions_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_FundRedemptions_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_FundRedemptions_lbl1" xml:lang="en-US" id="gaifb_FundRedemptions_lbl1"> Fund Redemptions </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FundRedemptions" xlink:to="gaifb_FundRedemptions_lbl1" xlink:title="label: FundRedemptions to gaifb_FundRedemptions_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_FundRedemptions_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="gaifb_FundRedemptions_lbl2" xml:lang="en-US" id="gaifb_FundRedemptions_lbl2"> Fund redemptions </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FundRedemptions" xlink:to="gaifb_FundRedemptions_lbl2" xlink:title="label: FundRedemptions to gaifb_FundRedemptions_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_FundSubscriptions" xlink:label="FundSubscriptions" xlink:title="FundSubscriptions"/>

<link:label xlink:type="resource" xlink:label="gaifb_FundSubscriptions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_FundSubscriptions_lbl" xml:lang="en-US" id="gaifb_FundSubscriptions_lbl"> The amount of subscriptions to the fund during the period from the beginning of the period to the latest practicable date. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FundSubscriptions" xlink:to="gaifb_FundSubscriptions_lbl" xlink:title="label: FundSubscriptions to gaifb_FundSubscriptions_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_FundSubscriptions_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_FundSubscriptions_lbl1" xml:lang="en-US" id="gaifb_FundSubscriptions_lbl1"> Fund Subscriptions </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FundSubscriptions" xlink:to="gaifb_FundSubscriptions_lbl1" xlink:title="label: FundSubscriptions to gaifb_FundSubscriptions_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_FundSubscriptions_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="gaifb_FundSubscriptions_lbl2" xml:lang="en-US" id="gaifb_FundSubscriptions_lbl2"> Fund subscriptions </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FundSubscriptions" xlink:to="gaifb_FundSubscriptions_lbl2" xlink:title="label: FundSubscriptions to gaifb_FundSubscriptions_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_SubsequentEventFundAbstract" xlink:label="SubsequentEventFundAbstract" xlink:title="SubsequentEventFundAbstract"/>

<link:label xlink:type="resource" xlink:label="gaifb_SubsequentEventFundAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_SubsequentEventFundAbstract_lbl1" xml:lang="en-US" id="gaifb_SubsequentEventFundAbstract_lbl1"> Subsequent Event, Fund [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsequentEventFundAbstract" xlink:to="gaifb_SubsequentEventFundAbstract_lbl1" xlink:title="label: SubsequentEventFundAbstract to gaifb_SubsequentEventFundAbstract_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_SubsequentEventFundAbstract_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="gaifb_SubsequentEventFundAbstract_lbl2" xml:lang="en-US" id="gaifb_SubsequentEventFundAbstract_lbl2"> Subsequent Event, Fund [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsequentEventFundAbstract" xlink:to="gaifb_SubsequentEventFundAbstract_lbl2" xlink:title="label: SubsequentEventFundAbstract to gaifb_SubsequentEventFundAbstract_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_OtherSeriesOwnedByEntity" xlink:label="OtherSeriesOwnedByEntity" xlink:title="OtherSeriesOwnedByEntity"/>

<link:label xlink:type="resource" xlink:label="gaifb_OtherSeriesOwnedByEntity_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_OtherSeriesOwnedByEntity_lbl" xml:lang="en-US" id="gaifb_OtherSeriesOwnedByEntity_lbl"> Number of other investment series owned by the entity during the period. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherSeriesOwnedByEntity" xlink:to="gaifb_OtherSeriesOwnedByEntity_lbl" xlink:title="label: OtherSeriesOwnedByEntity to gaifb_OtherSeriesOwnedByEntity_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_OtherSeriesOwnedByEntity_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_OtherSeriesOwnedByEntity_lbl1" xml:lang="en-US" id="gaifb_OtherSeriesOwnedByEntity_lbl1"> Other Series Owned By Entity </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherSeriesOwnedByEntity" xlink:to="gaifb_OtherSeriesOwnedByEntity_lbl1" xlink:title="label: OtherSeriesOwnedByEntity to gaifb_OtherSeriesOwnedByEntity_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_OtherSeriesOwnedByEntity_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="gaifb_OtherSeriesOwnedByEntity_lbl2" xml:lang="en-US" id="gaifb_OtherSeriesOwnedByEntity_lbl2"> Other series owned by entity </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherSeriesOwnedByEntity" xlink:to="gaifb_OtherSeriesOwnedByEntity_lbl2" xlink:title="label: OtherSeriesOwnedByEntity to gaifb_OtherSeriesOwnedByEntity_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_IncentiveAllocationAbstract" xlink:label="IncentiveAllocationAbstract" xlink:title="IncentiveAllocationAbstract"/>

<link:label xlink:type="resource" xlink:label="gaifb_IncentiveAllocationAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_IncentiveAllocationAbstract_lbl1" xml:lang="en-US" id="gaifb_IncentiveAllocationAbstract_lbl1"> Incentive Allocation [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncentiveAllocationAbstract" xlink:to="gaifb_IncentiveAllocationAbstract_lbl1" xlink:title="label: IncentiveAllocationAbstract to gaifb_IncentiveAllocationAbstract_lbl1"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_AdministratorSFeeAbstract" xlink:label="AdministratorSFeeAbstract" xlink:title="AdministratorSFeeAbstract"/>

<link:label xlink:type="resource" xlink:label="gaifb_AdministratorSFeeAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_AdministratorSFeeAbstract_lbl1" xml:lang="en-US" id="gaifb_AdministratorSFeeAbstract_lbl1"> Administrator's Fee [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdministratorSFeeAbstract" xlink:to="gaifb_AdministratorSFeeAbstract_lbl1" xlink:title="label: AdministratorSFeeAbstract to gaifb_AdministratorSFeeAbstract_lbl1"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_NoninterestExpenseRelatedToPerformanceFeesPercentage" xlink:label="NoninterestExpenseRelatedToPerformanceFeesPercentage" xlink:title="NoninterestExpenseRelatedToPerformanceFeesPercentage"/>

<link:label xlink:type="resource" xlink:label="gaifb_NoninterestExpenseRelatedToPerformanceFeesPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_NoninterestExpenseRelatedToPerformanceFeesPercentage_lbl" xml:lang="en-US" id="gaifb_NoninterestExpenseRelatedToPerformanceFeesPercentage_lbl"> Incentive fees which are compensation paid to a trading advisor or to any practitioner who achieves investment results above a specified contractual level. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoninterestExpenseRelatedToPerformanceFeesPercentage" xlink:to="gaifb_NoninterestExpenseRelatedToPerformanceFeesPercentage_lbl" xlink:title="label: NoninterestExpenseRelatedToPerformanceFeesPercentage to gaifb_NoninterestExpenseRelatedToPerformanceFeesPercentage_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_NoninterestExpenseRelatedToPerformanceFeesPercentage_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_NoninterestExpenseRelatedToPerformanceFeesPercentage_lbl1" xml:lang="en-US" id="gaifb_NoninterestExpenseRelatedToPerformanceFeesPercentage_lbl1"> Noninterest Expense Related to Performance Fees, Percentage </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoninterestExpenseRelatedToPerformanceFeesPercentage" xlink:to="gaifb_NoninterestExpenseRelatedToPerformanceFeesPercentage_lbl1" xlink:title="label: NoninterestExpenseRelatedToPerformanceFeesPercentage to gaifb_NoninterestExpenseRelatedToPerformanceFeesPercentage_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_NoninterestExpenseRelatedToPerformanceFeesPercentage_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="gaifb_NoninterestExpenseRelatedToPerformanceFeesPercentage_lbl2" xml:lang="en-US" id="gaifb_NoninterestExpenseRelatedToPerformanceFeesPercentage_lbl2"> Percentage of incentive allocation </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoninterestExpenseRelatedToPerformanceFeesPercentage" xlink:to="gaifb_NoninterestExpenseRelatedToPerformanceFeesPercentage_lbl2" xlink:title="label: NoninterestExpenseRelatedToPerformanceFeesPercentage to gaifb_NoninterestExpenseRelatedToPerformanceFeesPercentage_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_ManagementFee" xlink:label="ManagementFee" xlink:title="ManagementFee"/>

<link:label xlink:type="resource" xlink:label="gaifb_ManagementFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_ManagementFee_lbl" xml:lang="en-US" id="gaifb_ManagementFee_lbl"> Amount paid to the advisor for management of the day-to-day business functions of the LLC or LP including the fee rate, basis of calculation, relevant accounting period, whether the fee is paid to an entity other than the managing member or General Partner, or whether the fee is waived. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ManagementFee" xlink:to="gaifb_ManagementFee_lbl" xlink:title="label: ManagementFee to gaifb_ManagementFee_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_ManagementFee_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_ManagementFee_lbl1" xml:lang="en-US" id="gaifb_ManagementFee_lbl1"> Management fee </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ManagementFee" xlink:to="gaifb_ManagementFee_lbl1" xlink:title="label: ManagementFee to gaifb_ManagementFee_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_ManagementFee_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="gaifb_ManagementFee_lbl2" xml:lang="en-US" id="gaifb_ManagementFee_lbl2"> Advisory fees at annual rate of the Members' Capital </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ManagementFee" xlink:to="gaifb_ManagementFee_lbl2" xlink:title="label: ManagementFee to gaifb_ManagementFee_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_SponsorFeesAbstract" xlink:label="SponsorFeesAbstract" xlink:title="SponsorFeesAbstract"/>

<link:label xlink:type="resource" xlink:label="gaifb_SponsorFeesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_SponsorFeesAbstract_lbl1" xml:lang="en-US" id="gaifb_SponsorFeesAbstract_lbl1"> Sponsor Fees [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SponsorFeesAbstract" xlink:to="gaifb_SponsorFeesAbstract_lbl1" xlink:title="label: SponsorFeesAbstract to gaifb_SponsorFeesAbstract_lbl1"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_SponsorsFee" xlink:label="SponsorsFee" xlink:title="SponsorsFee"/>

<link:label xlink:type="resource" xlink:label="gaifb_SponsorsFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="gaifb_SponsorsFee_lbl" xml:lang="en-US" id="gaifb_SponsorsFee_lbl"> Fees paid to advisors who provide certain management support and administrative oversight services including the organization and sale of stock, investment funds, limited partnerships and mutual funds. </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SponsorsFee" xlink:to="gaifb_SponsorsFee_lbl" xlink:title="label: SponsorsFee to gaifb_SponsorsFee_lbl"/>

<link:label xlink:type="resource" xlink:label="gaifb_SponsorsFee_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_SponsorsFee_lbl1" xml:lang="en-US" id="gaifb_SponsorsFee_lbl1"> Sponsors Fee </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SponsorsFee" xlink:to="gaifb_SponsorsFee_lbl1" xlink:title="label: SponsorsFee to gaifb_SponsorsFee_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_SponsorsFee_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="gaifb_SponsorsFee_lbl2" xml:lang="en-US" id="gaifb_SponsorsFee_lbl2"> Sponsor fees at annual rate of the Members' Capital </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SponsorsFee" xlink:to="gaifb_SponsorsFee_lbl2" xlink:title="label: SponsorsFee to gaifb_SponsorsFee_lbl2"/>

<link:loc xlink:type="locator" xlink:href="gaifb-20190930.xsd#gaifb_AdvisoryFeesAbstract" xlink:label="AdvisoryFeesAbstract" xlink:title="AdvisoryFeesAbstract"/>

<link:label xlink:type="resource" xlink:label="gaifb_AdvisoryFeesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="gaifb_AdvisoryFeesAbstract_lbl1" xml:lang="en-US" id="gaifb_AdvisoryFeesAbstract_lbl1"> Advisory Fees [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdvisoryFeesAbstract" xlink:to="gaifb_AdvisoryFeesAbstract_lbl1" xlink:title="label: AdvisoryFeesAbstract to gaifb_AdvisoryFeesAbstract_lbl1"/>

<link:label xlink:type="resource" xlink:label="gaifb_AdvisoryFeesAbstract_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="gaifb_AdvisoryFeesAbstract_lbl2" xml:lang="en-US" id="gaifb_AdvisoryFeesAbstract_lbl2"> Advisory Fees [Abstract] </link:label>

<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdvisoryFeesAbstract" xlink:to="gaifb_AdvisoryFeesAbstract_lbl2" xlink:title="label: AdvisoryFeesAbstract to gaifb_AdvisoryFeesAbstract_lbl2"/>

</link:labelLink>

</link:linkbase>

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Filing Submission 0001140361-19-020539 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Graham Alternative Investment Fund II LLC – ‘10-Q’ for 9/30/19 – ‘EX-101.LAB’

On: Thursday, 11/14/19, at 3:22pm ET · For: 9/30/19 · Accession #: 1140361-19-20539 · File #: 0-53967

Previous ‘10-Q’: ‘10-Q’ on 8/14/19 for 6/30/19 · Next: ‘10-Q’ on 5/15/20 for 3/31/20 · Latest: ‘10-Q’ on 11/14/23 for 9/30/23

Quarterly Report — Form 10-Q — Sect. 13 / 15(d) – SEA’34Filing Table of Contents

‘EX-101.LAB’ — XBRL Labels — gaifb-20190930_lab

This Exhibit is an XBRL XML File.

Quarterly Report — Form 10-Q — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents