Introduction

1. Introduction June 2012

2. Welcome to it.venture. We are a young, dynamic consultancy practice, focused on the private equity and alternative assets industry. We are based in Central London. We specialise in providing independent IT project advisory and implementation services to the alternative asset industry. Through its principals, Bertie Heyman and Redmond Lee, it.venture has a wealth of experience with private equity and alternative asset investors (LPs), managers (GPs) and fund administrators, gathered over 10+ years serving clients in 3 continents and 12 countries. it.venture : Welcome

3. Unlike a larger, “one size fits all” firm, we are a focused consultancy, specialising in alternative assetsand systems implementations. Our services include: vendor selection Requirements gathering and functionality rankings Vendor capability assessments and request for proposals (RFPs) project management Managing your implementation and speaking to vendors and other resources to deliver your project milestones business analysis Targeting value-added functionalities and processes, such as efficiencies in workflow data migration Using state of the art toolkits, we can help clean, migrate and augment your source data for a new package implementation software testing Management of the Development > UAT > Production cycle Designing test scripts specification and delivery of “mission critical” reports, both internally and externally via portal Assistance with specification of required reports, frequency, format – forms critical part of project sign-off Our exclusive partnerships mean we can help you get reports securely and immediately via a customised “investor portal” software customisation for your business With any package comes customisation work based on your particular business needs. We can help prioritise customisation requests based on a business criticality ranking Services

4. We recently became accredited partners of WhiteSky Software (WSS). WSS is a revolutionary cloud-based application development platform. We are partnering WSS as we intend to use it to increase our service offering to clients, by undertaking specific commissions, for example: Data Migration when moving from Package A to Package B WSS will allow us to implement all the logic and rules of Package B, and provide an auditable staging area for business analysts to perform reconciliations and reporting Scheduled, automated data refreshing and reporting Specialised reporting or investor portals WSS is able to import and export data, to and from the cloud, via named ranges in Excel. In this way, the import and export templates can be of any shape or format As a cloud based delivery mechanism, it is useful for secure investor portal type applications, whilst maintaining a “firewall” between the investors and whatever application you have installed Objects created in WSS are all designed with or by the customer, so the data structure is familiar – and not imposed. This makes reporting and querying much easier than with a traditional vendor with legacy data structures Strategic Partnership Fig 2. Hierarchical representation of the WSS platform

5. Protection for your business Reputation is everything – for both you and us. That’s why it.venture follows industry standards for consultancy engagements. Here are some examples of our standard documents for all engagements and clients:

6. Bertie HeymanDirectorbheyman@itventure.co.ukPhone : +44 (0) 7834 206 968 1stHons degree Information Systems & Accounting (BSc) at Newcastle University. Founded it.venture in February 2011Working with Private Equity and Real Estate clients based in the UK and Canada specialising in implementing CRM, portfolio management and accounting software systems Head of Reporting Solutions –eFront, London (2007-2010)Working with eFront’s market leading FrontInvest product specialising in delivering client specific reporting requirements in the UK, US and Canada. Project Manager/Business Analyst - Barclays Infrastructure Funds, London (2010-2011)Delivered a CRM, portfolio management and ledger accounting solution for Barclays Infrastructure Funds. Who we are – Our CVs Redmond Lee CADirectorrlee@itventure.co.ukPhone : +44 (0) 7900 911 528 • Chartered Accountant (admitted 2000) • Joined it.venture in March 2012 • Manager – Finance Systems, Deloitte Consulting, London (July 2011 to March 2012)Finance Systems practice, involvement in advice to Lux fund administrators, and compliance work for Solvency II • Managing Consultant – eFront, London (2004 to 2011)Leadership of the eFront implementation team and seeding overseas branch offices • Senior Consultant – Accounting Framework (2002 to 2004)Working with Private Equity and Real Estate clients based in the UK and Canada specialising in implementing CRM, portfolio management and accounting software systems. • Prior experience in software in Sydney, Australia at MYOB Group and Australian Taxation Office

7. Over the years we have served clients in 12 countries over 3 continents... here is a selection: Our Client Experience Note : Current client references are available on request, subject to arrangement

8. Scenario : Large multi asset (PE and RE) fund manager in Canada, 2011 A fund manager in Canada had purchased a market leading vendor solution. However, their project team consisted mainly of busy finance operatives. As the implementation project moved forward, it became increasingly clear that the business did not have enough bandwidth into feeding requirements to the vendors in their report specifications. As such, the vendor reallocated their resources and the client was left with a project in stasis. it.venture : Case Study – Report Development

9. We can come and meet you to discuss your current and upcoming projects. Contact us for a confidential assessment of your potential requirements. Redmond Lee : 07900 911 528 (rlee@itventure.co.uk) Bertie Heyman : 07834 206 968 (bheyman@itventure.co.uk) www.itventure.co.uk Contacts and Next Steps