All SBIC Licensees on October 7, 2010 Alabama Harbert Mezzanine Partners II SBIC, L.P. Pryor Smartt, Contact 2100 Third Avenue North, Suite 600 Birmingham, AL 35203 Phone: (615)301-6395 Fax: (615)301-6401 Email: Njones@harbert.net INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Harbinger Mezzanine Partners, L.P. Pryor Smartt, Contact 2100 Third Avenue North, Suite 600 Birmingham, AL 35203 Phone: (615)301-6395 Fax: (615)301-6401 Email: Njones@harbert.net INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Arizona Grayhawk Venture Fund I, L.P. Sherman Chu, Contact 5050 North 40th Street, Suite 310 Phoenix, AZ 85018 Phone: (602)956-8700 Fax: (602)956-8080 Email: schu@gvp.us INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Magnet Capital, L.P. Gregory Mischel, Contact 7835 E. McClain Drive Scottsdale, AZ 85260 Phone: (602)222-4801 Email: info@magnetcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED Loans Mezzanine Equity FUNDING STAGE REFERENCES Expansion Acquisition Growth INDUSTRY PREFERENCE Manufacturing Wholesale Service GEOGRAPHIC PREFERENCES Southwest DESCRIPTION OF FIRM'S FOCUS Arkansas Diamond State Ventures II, L.P. Joe T. Hays, Contact 200 South Commerce Street Suite 400 Little Rock, AR 72201-1728 Phone: (501)374-9247 Fax: (501)374-9425 Email: jhays@arcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS California Alpine Investors IV SBIC, LP Matt Picciano, Contact 3 Embarcadero Center, Suite 2330 San Francisco, CA 94111 Phone: (415)591-1323 Fax: (415)392-9101 Email: matt@alpine-investors.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $10,000,000 Preferred Max: $20,000,000 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Avante Mezzanine Partners SBIC, L.P. Clifford A. Lyon, Contact 1111 Santa Monica Blvd., Suite 1128 Los Angeles, CA 90025 Phone: (310)667-9242 Fax: (310)728-1755 Email: clyon@avantemezzanine.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $3,000,000 Preferred Max: $15,000,000 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Unfunded commitment from CalPER can be counted for management fee calculation but is not part of Regulatory Capital. Celerity Partners SBIC, L.P. Clifford A. Lyon, Contact 11111 Santa Monica Blvd., Suite 1127 Los Angeles, CA 90025 Fax: (310)268-1712 Email: kraus@celeritypartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Champlain Capital Partners, L.P. Dennis M. Leary, Contact 44 Montgomery Street Suite 1920 San Francisco, CA 94104 Phone: (415)661-2500 Fax: (415)362-3211 Email: dleary@champlaincapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS CVP SBIC, L.P. Derek Blazensky, Contact 1010 El Camino Real, Suite 250 Menlo Park, CA 94025 Phone: (650)614-4860 Fax: (650)614-4865 Email: derek@cardinalvc.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Draper Associates, a California LP Timothy C. Draper, President 2882 Sand Hill Road #150 Menlo Park, CA 94025 Phone: (650)233-9000 Fax: (650)234-8584 Email: karen@dfj.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $100,000 Preferred Max: $500,000 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE REFERENCES Early Stage INDUSTRY PREFERENCE Emerging technologies Internet, clean energy and nanotechnology GEOGRAPHIC PREFERENCES United States DESCRIPTION OF FIRM'S FOCUS Emerging technologies, from the Internet and life sciences to clean energy and nano- technology. Draper-Richards L.P. William Draper III, President 50 California Street, Suite 2925 San Francisco, CA 94111 Phone: (415)616-4050 Fax: (415)616-4060 Email: Cynthia@draperrichards.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $200,000 Preferred Max: $400,000 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE REFERENCES Seed Early Stage INDUSTRY PREFERENCE Internet Software GEOGRAPHIC PREFERENCES California Boston, MA District of Columbia DESCRIPTION OF FIRM'S FOCUS Seed stage software/internet deals in Silicon Valley, Boston or District of Columbia areas. East Gate Private Equity Fund III, L.P. Ken Choi, Contact 1000 Elwell Court, Suite 203 Palo Alto, CA 94303- Phone: (650)325-5077 Fax: (650)325-5072 Email: bcbrant@eg-group.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Emergence Capital Partners SBIC, L.P. Gordon Ritter, Contact 160 Bovet Road, Suite 300 San Mateo, CA 94402 Phone: (650)573-3100 Fax: (650)573-3119 Email: gritter@emergencecap.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $5,000,000 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE REFERENCES First Institutional Round INDUSTRY PREFERENCE Technology GEOGRAPHIC PREFERENCES Nationwide DESCRIPTION OF FIRM'S FOCUS Technology Software and Services GCG SBIC Investors, L.P. 111 Sutter Street, Suite 1950 San Francisco, CA 94104 Phone: (415)273-3506 Fax: (415)362-3311 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Hercules Technology II, L.P. Scott Harvey, Contact 400 Hamilton Avenue, Suite 310 Palo Alto, CA 94301 Phone: (847)867-1953 Fax: (650)473-9194 Email: sharvey@herculestech.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Hercules Technology III, LP Scott Harvey, Contact 400 Hamilton Avenue, Suite 310 Palo Alto, CA 94301 Phone: (650)289-3060 Fax: (650)473-9194 Email: sharvey@htgc.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Housatonic Equity Investors SBIC, L.P. Barry Reynolds, Will Thorndike 44 Montgomery Street, Suite 4010 San Francisco, CA 94104 Phone: (415)955-9020 Fax: (415)981-0617 Email: breynolds@housatonicpartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $3,000,000 Preferred Max: $7,000,000 TYPE OF CAPITAL PROVIDED Equity Investments FUNDING STAGE REFERENCES Later Stage INDUSTRY PREFERENCE Business Services Media Communications GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Housatonic Micro Fund SBIC, L.P. Barry Reynolds, Contact 44 Montgomery Street, Suite 4010 San Francisco, CA 94104 Phone: (415)981-0616 Fax: (415)981-0617 Email: breynolds@housatonicpartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Huntington Capital, L.P. Morgan Miller and Barry Wilson, Contacts 4660 La Jolla Village Drive, #650 San Diego, CA 92122 Phone: (858)259-7654 Fax: (858)259-0074 Email: susan@huntingtoncapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $750,000 Preferred Max: $1,400,000 TYPE OF CAPITAL PROVIDED Mezzanine Debt and Equity FUNDING STAGE REFERENCES Later Stage INDUSTRY PREFERENCE Diversified. No bleeding edge technology. GEOGRAPHIC PREFERENCES Southwest USA DESCRIPTION OF FIRM'S FOCUS Please see www.huntingtoncapital.com Invision Capital I, L.P. 26 Orange Blossom Circle, Suite 10 Ladera Ranch, CA 92694 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Labrador Ventures V-B, L.P. Sean Foote, Contact 101 University Avenue, 4th Floor Palo Alto, CA 94301 Phone: (650)366-6000 Fax: (650)366-6430 Email: mpollasky@labrador.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Montreux Equity Partners II SBIC, L.P. Daniel K. Turner III, General Partner 3000 Sand Hill Road Building 1, Suite 260 Menlo Park, CA 94025-7073 Phone: (650)234-1200 Fax: (650)234-1250 Email: dturner@montreuxequity.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Montreux Equity Partners III SBIC, L.P. Daniel K. Turner III, General Partner 3000 Sand Hill Road Building 1, Suite 260 Menlo Park, CA 94025-7073 Phone: (650)234-1200 Fax: (650)234-1250 Email: dturner@montreuxequity.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Outlook Ventures III, L.P. Carl Nichols, Contact 912 Cole Street #144 San Francisco, CA 94117 Phone: (415)547-0000 Fax: (415)547-0010 Email: info@outlookventures.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $5,000,000 TYPE OF CAPITAL PROVIDED Seed Early Stage Expansion FUNDING STAGE REFERENCES INDUSTRY PREFERENCE Technology Software GEOGRAPHIC PREFERENCES Western United States DESCRIPTION OF FIRM'S FOCUS Outlook Venture's strategy is to be the first institutional investor in sustainable software-based businesses. Positive Enterprises, Inc. (SSBIC) Kwok Szeto, President 1489 Webster Street, Suite 228 San Francisco, CA 94115 Phone: (415)885-6600 Fax: (415)928-6363 Email: nszeto@pei-sba.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: $150,000 TYPE OF CAPITAL PROVIDED Loans Equity FUNDING STAGE REFERENCES Expansion Early Stage Later Stage INDUSTRY PREFERENCE Diversified Rest Homes Manufacturing Light Industry GEOGRAPHIC PREFERENCES North Regional DESCRIPTION OF FIRM'S FOCUS Rembrandt Venture Partners II, L.P. Gerald S. Casilil, Contact 2440 Sand Hill Road, Suite 100 Menlo Park, CA 94025 Phone: (650)326-7070 Fax: (650)326-3780 Email: jcasilli@rembrandtvc.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS SAIL Venture Partners, L.P. David Jones, Contact 600 Anton Blvd., Suite 1010 Costa Mesa, CA 92626 Phone: (714)241-7500 Fax: (714)241-7505 Email: djones@sailvc.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Shepherd Ventures II, L.P. George C. Kenney, Contact 12250 El Camino Real, Suite 116 San Diego, CA 92130 Phone: (858)509-4744 Fax: (858)509-3662 Email: tom@shepherdventures.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS St. Cloud Capital Partners, L.P. James Hays, Controller 10866 Wilshire Blvd., Suite 1450 Los Angeles, CA 90024 Phone: (310)475-2700 Fax: (310)475-0550 Email: jhays@stcloudcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $500,000 Preferred Max: $2,000,000 TYPE OF CAPITAL PROVIDED Loans Convertible Debt Securities Debt Securities with Warrants FUNDING STAGE REFERENCES Primarily Growth and Expansion Financing Some Turnaround, Development and Buyout Financing INDUSTRY PREFERENCE Diversified, subject to SBA limits GEOGRAPHIC PREFERENCES Western United States preferred DESCRIPTION OF FIRM'S FOCUS St. Cloud seeks well-managed, established companies w/opportunities to significantly grow their valuation by increasing sales and/or enhancing margins to increase net profitability. Prefer companies with strong debt service capability. Telegraph Hill Partners SBIC, L.P. Robert G. Shepler, Contact 360 Post Street, Suite 601 San Francisco, CA 94108 Phone: (415)765-6980 Fax: (415)765-6983 Email: rgs@thpartners.net INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED Equity capital FUNDING STAGE REFERENCES Companies are already commercial with revenues Capital to be used for growth. INDUSTRY PREFERENCE Life sciences, healthcare, medical devices, diagnostics, chemistries, healthcare IT, animal health, plant science GEOGRAPHIC PREFERENCES Throughout U.S. DESCRIPTION OF FIRM'S FOCUS Life science and healthcare companies with proven business models. The company should have revenues from unique leading products and show strong growth and a path to profitability if not already profitable. Tregaron Opportunity Fund I, L.P. Todd Collins, Contact 540 University Avenue, Suite 250 Palo Alto, CA 94301 Phone: (650)403-2084 Fax: (650)618-2550 Email: collins@tregaroncapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Colorado Vista Ventures Advantage, LP Catharine M. Merigold, Contact 1011 Walnut Street, Suite 410 Boulder, CO 80302 Phone: (303)543-5716 Fax: 303-362-5570 Email: catharine@vistavc.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Connecticut Altus Capital Partners SBIC, L.P. Russell Greenberg, Contact 10 Wright Street, Suite 110 Westport, CT 06880 Phone: (203)429-2006 Fax: (203)429-2010 Email: rgreenberg@altuscapitalpartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $25,000,000 Preferred Max: $100,000,000 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE REFERENCES Later Stage INDUSTRY PREFERENCE Domestic U.S. Niche Manufacturing GEOGRAPHIC PREFERENCES United States DESCRIPTION OF FIRM'S FOCUS Small and middle market domestic manufacturing LBOs. Brookside Mezzanine Fund II, L.P. David D. Buttolph, Corey Sclar, Contact 80 Field Point Road Greenwich, CT 06830 Phone: (203)618-0202 Fax: (203)618-0984 Email: dbuttolph@brooksidegrp.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $4,000,000 Preferred Max: $15,000,000 TYPE OF CAPITAL PROVIDED Mezzanine FUNDING STAGE REFERENCES Later; revenues over $15,000,000. INDUSTRY PREFERENCE None GEOGRAPHIC PREFERENCES United States DESCRIPTION OF FIRM'S FOCUS The firm takes a long-term partnership based approach to our mezzanine investments. We focus on middle market manufacturing, businesses services, consumer products and healthcare companies nationwide. Brookside Pecks Capital Partners, L.P. David D. Buttolph, Corey Sclar; Contact 80 Field Point Road Greenwich, CT 06830 Phone: (203)618-0202 Fax: (203)618-0984 Email: dbuttolph@brooksidegrp.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $3,000,000 Preferred Max: $6,500,000 TYPE OF CAPITAL PROVIDED Subordinated Debt FUNDING STAGE REFERENCES Acquisition Expansion Recapitalizations MBO INDUSTRY PREFERENCE Manufacturing Service Value-Added Distribution GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Provides subordinated debt investments to profitable later-stage companies. Critical Capital Growth Fund, L.P. Steven Sands Mgr; C. Robinson 43 Pine Street New Canaan, CT 06840 Phone: (203)594-7543 Fax: (203)594-7543 Email: criticalcapitalgrowthfundlp@gmail.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $500,000 Preferred Max: $1,500,000 TYPE OF CAPITAL PROVIDED 1st and 2nd Lien Secured Term Debt with Detachable Equity 'Kicker' Investment Components FUNDING STAGE REFERENCES Late/Mature Stage (sustainable positive free cash flow generating). INDUSTRY PREFERENCE None GEOGRAPHIC PREFERENCES None DESCRIPTION OF FIRM'S FOCUS See Foregoing Cygnet Capital Partners L.P. SBIC Owen S. Crihfield, Contact c/o Hamilton Robinson LLC 281 Tresser Blvd., 4th Floor, Suite 1000 Stamford, CT 06901 Phone: (203)602-0011 Fax: (203)602-2206 Email: osc@hrco.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $5,000,000 TYPE OF CAPITAL PROVIDED Prefer Equity Investments FUNDING STAGE REFERENCES Later Stage Expansion Acquisitions INDUSTRY PREFERENCE Manufacturing, Distribution Services, Outsourcing Bus-to-Bus Applications Industrial Process, Energy Engineered Products, Utilities GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Equity investments in profitable, smaller, middle market businesses Equinox Capital SBIC, L.P. Steven C. Rodger, Contact 41 West Putnam Avenue Greenwich, CT 06830 Phone: (203)622-1605 Fax: (203)622-4684 Email: scr@equinoxcapitalinc.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS First New England Capital 2, L.P. Richard Klaffky, Manager 100 Pearl Street Hartford, CT 06103 Phone: (860)293-3333 Fax: (860)293-3338 Email: rklaffky@fnec.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS First New England Capital III, L.P. Richard C. Klaffky, President 100 Pearl Street Hartford, CT 06103 Phone: (860)293-3333 Fax: (860)293-3338 Email: rklaffky@fnec.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS First New England Capital, LP Richard C. Klaffky, President 100 Pearl Street Hartford, CT 06103 Phone: (860)293-3333 Fax: (860)293-3338 Email: rklaffky@fnec.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $500,000 Preferred Max: $1,000,000 TYPE OF CAPITAL PROVIDED Subordinated Debt Equity FUNDING STAGE REFERENCES Expansion Later Stage Acquisition INDUSTRY PREFERENCE Manufacturing Distribution Service GEOGRAPHIC PREFERENCES Northeast DESCRIPTION OF FIRM'S FOCUS Provides subordinated debt and equity capital to later stage companies for expansion and acquisition. Target companies with revenues of at least $5 million and profitability at the time of investment. GreenLeaf Capital, L.P. Michael B. Cowan, Contact 130 Main Street New Canaan, CT 06840 Phone: (203)716-6106 Fax: (203)716-6206 Email: mcowan@whitney.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Ironwood Equity Fund LP Marc A. Reich, Contact 55 Nod Road Avon, CT 06001 Phone: (860)409-2101 Fax: (860)409-2120 Email: reich@ironwoodcap.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Ironwood Equity & Ironwood Mezzanine Fund are both fully invested and, thus, not looking at further investment opportunities. Ironwood Mezzanine Fund II LP Marc A. Reich, Contact 55 Nod Road Avon, CT 06001 Phone: (860)409-2101 Fax: (860)409-2120 Email: reich@ironwoodcap.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $5,000,000 Preferred Max: $10,000,000 TYPE OF CAPITAL PROVIDED Subordinated debt w/warrants Preferred Stock FUNDING STAGE REFERENCES Later Stage INDUSTRY PREFERENCE Business Services Value-Added Manufacturing Environmental Services Recurring Rev. Businesses GEOGRAPHIC PREFERENCES East of the Mississippi River DESCRIPTION OF FIRM'S FOCUS Ironwood Mezzanine Fund, L.P. Marc A. Reich, President, Contact 55 Nod Road Avon, CT 06001-3819 Phone: (860)409-2101 Fax: (860)409-2120 Email: reich@ironwoodcap.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Ironwood Mezzanine & Ironwood Equity Fund are both fully invested and, thus, not looking at further investment opportunities. JHW Greentree Capital, L.P. Daniel O'Brien, Contact 130 Main Street New Canaan, CT 06840 Phone: (203)716-6140 Fax: (203)716-6240 Email: dobrien@whitney.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED Equity - 75% FUNDING STAGE REFERENCES Early stage - 25% Growth and Expansion - 75 INDUSTRY PREFERENCE $8 million to $10 million GEOGRAPHIC PREFERENCES National basis DESCRIPTION OF FIRM'S FOCUS Retail/wholesale distribution - 15%; Manufacturing - 25% Healthcare - 25% Basic Industries and Services - 35% MSR I SBIC, L.P. Daniel A. Levinson 120 Post Road West, Suite 101 Westport, CT 06880 Phone: (203)227-5320 Fax: (203)227-5312 Email: mr@mainstreetresources.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES Growing stage INDUSTRY PREFERENCE $1 million to $10 million four investments each year GEOGRAPHIC PREFERENCES Northeast region of U.S. New York, New Jersey Connecticut, Massachusetts DESCRIPTION OF FIRM'S FOCUS value approach, no industry focus RFE Investment Partners V, L.P. James A. Parsons, General Partner 36 Grove Street New Canaan, CT 06840 Phone: (203)966-2800 Fax: (203)966-3109 Email: djuricic@rfeip.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $5,000,000 Preferred Max: $9,000,000 TYPE OF CAPITAL PROVIDED Prefer Equity Investments FUNDING STAGE REFERENCES Later Stage Expansion Acquisitions INDUSTRY PREFERENCE Manufacturing Services Healthcare Distribution GEOGRAPHIC PREFERENCES National Eastern US DESCRIPTION OF FIRM'S FOCUS Equity investments in acquisitions, recapitalizations and growth financings of profitable manufacturing, service or distribution businesses with at least $15 million in annual revenues and attractive growth prospects. RFE VI SBIC, L.P. James Parsons, Managing Member. 36 Grove Street New Canaan, CT 06840 Phone: (203)966-2800 Fax: (203)966-3109 Email: djuricic@rfeip.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $8,000,000 Preferred Max: $15,000,000 TYPE OF CAPITAL PROVIDED Prefer Equity Investments FUNDING STAGE REFERENCES Later Stage Expansion Acquisitions INDUSTRY PREFERENCE Manufacturing Healthcare Distribution Services GEOGRAPHIC PREFERENCES National Eastern US DESCRIPTION OF FIRM'S FOCUS Equity investments in acquisitions, recapitalizations and growth financings of profitable manufacturing, service or distribution businesses with at least $15million in annual revenues and attractive growth prospects. Saugatuck Capital Company, L.P. IV, SBIC Frank Hawley, Thomas Berardino 187 Danbury Road Wilton, CT 06897 Phone: (203)348-6669 Fax: 203-324-6995 Email: TBerardino@saugatuckcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $15,000,000 Preferred Max: $50,000,000 TYPE OF CAPITAL PROVIDED Equity and Preferred Equity FUNDING STAGE REFERENCES Growth/Mature INDUSTRY PREFERENCE Open GEOGRAPHIC PREFERENCES USA and Canada DESCRIPTION OF FIRM'S FOCUS We look for niche middle market opport. With strong operating management teams which have proved their ability to sustain stable cash flows and are motivated by significant equity incentives. Valentis SB, L.P. Paul M. Jacobi 411 West Putnam Avenue Greenwich, CT 06830 Phone: (203)862-7074 Fax: (203)862-7374 Email: pjacob@wexford.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Delaware Inflection Point Ventures II, L.P. Jeffrey A. Davison, Contact 1 Innovation Way Suite 500 Newark, DE 19711 Phone: (302)452-1120 Fax: (302)452-1122 Email: jdavison@inflectpoint.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Innovation Ventures, L.P. David J. Freschman, Contact Three Mill Road, Suite 201 Wilmington, DE 19806 Phone: (302)777-1616 Fax: (302)777-1620 Email: djf@innovationcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS District of Col. Alpine Equity, L.P. George McCabe, Contact 1055 Thomas Jefferson Street, NW Suite 650 Washington, DC 20007-5256 Phone: (202)333-7784 Fax: (202)333-7786 Email: george@pinecreekpartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED 52.8% entity institutional inv 29.8% indiv institutional inv 17.4% dual commitments FUNDING STAGE REFERENCES 15% Expansion 35% Later Stage 50% Change-of-Control INDUSTRY PREFERENCE $10 million - $75 million in total enterprise value ("micro cap companies") GEOGRAPHIC PREFERENCES East Coast w/ emphasis on Mid-Atlantic region DESCRIPTION OF FIRM'S FOCUS Financial services Educational products and services Selected consumer products Select federal government contractors Core Capital Partners II-S, L.P. William Dunbar, Contact 1401 I Street, NW, Suite 1000 Washington, DC 20005 Phone: (202)589-0090 Fax: (202)589-0091 Email: rklueger@core-capital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Core Capital Partners, L.P. William Dunbar, Jonathan Silver, Contact 1401 I Street, NW, Suite 1000 Washington, DC 20005 Phone: (202)589-0090 Fax: (202)589-0091 Email: rklueger@core-capital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Grosvenor Special Ventures IV, L.P. Bruce B. Dunnan 1776 I Street, NW, Suite 890 Washington, DC 20006 Phone: (202)861-5650 Fax: (202)861-5653 Email: bbd@grosvenorfund.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Florida Banyan Mezzanine Fund II, L.P. John A. Miller, Contact 1111 Brickell Avenue, Suite 1300 Miami, FL 33131 Phone: (305)755-0376 Fax: (305)755-0377 Email: jmiller@banyanmezzanine.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Banyan Mezzanine Fund, L.P. John A. Miller, Contact P.O. Box 45-0963 Miami, FL 33245-0963 Phone: (305)755-0376 Fax: (305)755-0377 Email: lmarler@banyanmezzanine.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED No Start-Ups FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Does not invest in start-ups, real estate, oil/energy, or turnarounds. Requires min EBITDA of $1mm and revenues of $10mm. CapitalSouth Partners Fund I, L.P. David Reed 712 South Oregon Avenue, Suite 200 Tampa, FL 33606- Phone: (813)202-8128 Fax: (813)835-4197 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS CapitalSouth Partners Fund II, L.P. David Reed 712 South Oregon Avenue, Suite 200 Tampa, FL 33606- Phone: (813)202-8128 Fax: (813)835-4197 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS KLH Capital, L.P. Mark J. Hunter, Contact 101 E. Kennedy Blvd., Suite 3925 Tampa, FL 33602 Phone: (813)222-0160 Fax: (813)315-7031 Email: www.KLHCapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,500,000 Preferred Max: $6,000,000 TYPE OF CAPITAL PROVIDED Majority Equity Growth capital (minority eqty. mezz./subordinated debt) FUNDING STAGE REFERENCES Positive cash flow for at least three years. INDUSTRY PREFERENCE We industry agnostic but do avoid the following industries: start up, high tech., real estate dev.,oil and gas operations, or new construction busi. GEOGRAPHIC PREFERENCES Nationwide DESCRIPTION OF FIRM'S FOCUS KLH is a private investment firm founded to provide entrepreneurs w/capital to facili- tate recapitalizations, mgmt. buy-ins, family successions and other ownership transitions; our Principals have invested more than $350m in 100 small businesses. Georgia EGL/NatWest Equity Partners USA, L.P. Salvatore Massaro, Manager 3495 Piedmont Road Building 11, Suite 412 Atlanta, GA 30305 Phone: (404)949-8303 Fax: (404)795-0976 Email: samassaro@eglholdings.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Peachtree II, L.P. David Christopher, Contact 400 Colony Square, Suite 200 Atlanta, GA 30361 Phone: (404)870-8900 Fax: (404)870-8191 Email: david@peachtreeequity.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $3,000,000 Preferred Max: $10,000,000 TYPE OF CAPITAL PROVIDED Subordinated Debt Preferred Equity FUNDING STAGE REFERENCES Expansion Later Stage Acquisition INDUSTRY PREFERENCE Manufacturing Distribution Service, Financial Services (non lending), Government Contracting GEOGRAPHIC PREFERENCES East/Southeast DESCRIPTION OF FIRM'S FOCUS Peachtree II provides subordinated debt and equity securities to middle market companies seeking capital for growth,expansion, acquisition, or shareholder liquidity. Salem Capital Partners, LP 2849 Paces Ferry Road Suite 660 Atlanta, GA 30339- Phone: (770)790-5034 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS White Oak SBIC Fund, L.P. Christopher C. Melton, Contact 600 Galleria Parkway, Suite 1400 Atlanta, GA 30339 Phone: (404)875-9994 Fax: (404)875-9545 Email: chris@thewhiteoakgroup.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $10,000,000 TYPE OF CAPITAL PROVIDED Controlled Equity Positions FUNDING STAGE REFERENCES Growth INDUSTRY PREFERENCE Aerospace and Defense GEOGRAPHIC PREFERENCES Eastern United States DESCRIPTION OF FIRM'S FOCUS We focused on making controlled equity investments in the C4ISR sector of the Aerospace and Defense Industry. Illinois Aldine SBIC Fund, L.P. Albert L. Brahm, Contact 30 West Monroe Street Suite 1310 Chicago, IL 60603 Phone: (312)346-3950 Fax: (312)346-3930 Email: bbrahm@aldinecapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $2,000,000 Preferred Max: $8,000,000 TYPE OF CAPITAL PROVIDED Mezzanine and Equity FUNDING STAGE REFERENCES Growth or Late Stage INDUSTRY PREFERENCE Will not pursue turnaround or early stage situations, real estate, finance or insurance. GEOGRAPHIC PREFERENCES Nationwide w/Midwest focus DESCRIPTION OF FIRM'S FOCUS Alpha Capital III SBIC, L.P. Andrew H. Kalnow, Contact 122 South Michigan Avenue Suite 1700 Chicago, IL 60603 Phone: (312)322-9800 Fax: (312)322-9808 Email: GaryStark@alphacapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Altus Capital Partners SBIC, L.P. 250 Parkway Drive, Suite 120 Lincolnshire, IL 60069 Phone: (847)229-0770 Fax: (847)229-9271 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS BMO Capital Markets Equity Investments (US) Liz Lindsay 111 W. Monroe Street, 20W Attention: Helen Schubbe Chicago, IL 60603 Phone: (312)461-7502 Fax: (212)765-8000 Email: helen.schubbe@bmonb.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $7,000,000 Preferred Max: $12,000,000 TYPE OF CAPITAL PROVIDED No Start-Ups Min Revenue $20K FUNDING STAGE REFERENCES Acquisition Mezzanine Buyouts Expansion INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Invest in companies with established mgt. teams and stable cash flows. Will consider investments in turnaround situations and later stage growth capital. No start-ups, minimum revenue $20 million. Cardinal Growth, L.P. Joseph M. McInerney, Contact 311 South Wacker Drive, Suite 5500 Chicago, IL 60606 Phone: (312)913-1000 Fax: (312)913-1001 Email: JSigna@cardinalgrowth.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS CFB Venture Fund II, LP Dan O'Connell 120 S. Riverside Suite 2160 Chicago, IL 60606 Phone: (312)466-9276 Fax: (312)466-9278 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS CFB Venture Fund L.P. Dan W. O' Connell 120 S. Riverside, Suite 2160 Chicago, IL 60606 Phone: (312)466-9276 Fax: (312)466-9278 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Channel Medical Partners, L.P. Gregory Shearer, Contact 5750 Old Orchard Road, Suite 310 Skokie, IL 60077 Phone: (847)779-1550 Fax: (847)779-1535 Email: gshearer@chanmed.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $2,000,000 Preferred Max: $5,000,000 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE REFERENCES INDUSTRY PREFERENCE Medical Technology GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Continental Illinois Venture Corp. Patti Seidel 231 South LaSalle Street, Twelfth Floor Chicago, IL 60697 Phone: (312)828-2287 Fax: (312)923-0668 Email: erick.c.christensen@bankofamerica.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $5,000,000 Preferred Max: $50,000,000 TYPE OF CAPITAL PROVIDED Subordinated Debt Equity FUNDING STAGE REFERENCES Expansion Later Stage MBO INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Makes majority and minority equity investments in established service and manufacturing businesses in the U.S. with at least $20 million in sales and $5 million in EBITDA. DNJ Leasing II, L.P. Jeffry S. Pfeffer, Contact 10 S. Wacker Drive, Suite 1840 Chicago, IL 60606 Phone: (312)629-2878 Fax: (312)629-2874 Email: jspfeffer@capxpartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $5,000,000 TYPE OF CAPITAL PROVIDED Equipment Leases Loans Secured Mezzanine FUNDING STAGE REFERENCES Late Stage Venture Growth Capital Buyout INDUSTRY PREFERENCE Manufacturing Distribution Technology/Telecom Business Services GEOGRAPHIC PREFERENCES National Footprint DESCRIPTION OF FIRM'S FOCUS CapX Partners, founded in 1999, is a equip- ment financing and secured mezzanine fund focusing on transaction sizes of $2-$10m for private equity and venture backed portfolio companies. CapX is investing out of its $150m third fund (Vogen). Dunrath Capital Infrastructure Surety Fund, John Abernethy, Contact 53 West Jackson Blvd., Suite 715 Chicago, IL 60604 Phone: (312)546-4700 Fax: (312)386-9454 Email: steve@dunrath.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Fidus Mezzanine Capital, L.P. Edward H. Ross, Contact 190 S. LaSalle Street, Suite 2140 Chicago, IL 60603 Phone: (312)284-5201 Fax: (312)284-5212 Email: eross@fiduspartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $4,000,000 Preferred Max: $15,000,000 TYPE OF CAPITAL PROVIDED Loans, Debt Equity Co-investment (non-control) FUNDING STAGE REFERENCES Later Stage INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES Midwest Northeast Southeast DESCRIPTION OF FIRM'S FOCUS Fidus Mezzanine provides flexible junior capital solutions to support growth and value creation strategies of middle market companies. Fidus Mezzanine Capital, L.P. 225 W. Washington Street Suite 2200 Chicago, IL 60606 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS GCG SBIC Investors, L.P. Jeffery Birch, Contact 230 West Monroe Street, Suite 2000 Chicago, IL 60606 Phone: (312)849-0008 Fax: (312)849-0000 Email: birch@greyrockcapitalgroup.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS GCG SBIC Investors' investment period has ended and it is no longer making investments. GCG SBIC Investors, L.P. 225 W. Washington Street Chicago, IL 60606 Phone: (312)346-7442 Fax: (312)346-7441 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Granite Creek FlexCap I, L.P. Mark A. Radzik, Contact 222 West Adams, Suite 1980 Chicago, IL 60606 Phone: (312)895-4503 Fax: (312)895-4509 Email: Mark@GraniteCreek.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $4,000,000 Preferred Max: $6,000,000 TYPE OF CAPITAL PROVIDED Debt or debt/equity securities FUNDING STAGE REFERENCES Later Stage/Growth INDUSTRY PREFERENCE Business services Consumer products Distribution Manufacturing Healthcare GEOGRAPHIC PREFERENCES National with a focus on the midwest. DESCRIPTION OF FIRM'S FOCUS Mezzanine and equity investment opport- unities in middle market, small business with minimum revenues of $10 million, positive EBITDA, and a scalable business operating model. High Street Capital III SBIC, L.P. Joseph R. Katcha, Contact 11 South LaSalle Street, 5th Floor Chicago, IL 60603 Phone: (312)423-2650 Fax: (312)423-2655 Email: jkatcha@highstr.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Hispania Private Equity, L.P. Victor L. Maruri, Contact 311 South Wacker Drive Suite 4200 Chicago, IL 60606 Phone: (312)697-4590 Fax: (312)697-4598 Email: vmaruri@hispaniapartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE REFERENCES Growth to later stage INDUSTRY PREFERENCE $3 million to $5 million GEOGRAPHIC PREFERENCES Hispanic owned business in U.S. and Puerto Rico DESCRIPTION OF FIRM'S FOCUS media and entertainment, business services, food and beverage financial services education Hopewell Ventures, L.P. Craig Overmyer, Contact 20 North Wacker Drive, Suite 2200 Chicago, IL 60606 Phone: (312)357-9600 Fax: (312)357-9620 Email: overmyer@hopewellventures.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Invision Capital I, L.P. Robert J. Castillo, Contact 225 W. Washington Street, Suite 1155 Chicago, IL 60606 Phone: (312)236-4600 Fax: (312)893-3841 Email: rcastillo@invisioncapitalgroup.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS LaSalle Capital Group II-A, L.P. Andrew Shackelford, Contact Three First National Plaza, Suite 5710 Chicago, IL 60602 Phone: (312)201-2633 Fax: (312)236-0720 Email: ashackelford@lasallecapitalgroup.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS LaSalle Capital Group, L.P. Andrew Shackelford, CFO Three First National Plaza, Suite 5710 Chicago, IL 60602 Phone: (312)236-7041 Fax: (312)236-0720 Email: ashackelford@lasallecapitalgroup.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS MK Capital SBIC, L.P. Bret R. Maxwell, Contact 1033 Skokie Boulevard, Suite 430 Northbrook, IL 60062 Phone: (312)324-7703 Fax: (312)324-7713 Email: bmaxwell@mkcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Prism Mezzanine Fund SBIC, L.P. Robert Finkel, Contact 444 N. Michigan Avenue, Suite 1910 Chicago, IL 60611 Phone: (312)464-7900 Fax: (312)464-7915 Email: BL@prismfund.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS SvoCo, L.P. John Svoboda, Michelle Collins, Contacts 1 North Franklin Street Suite 1500 Chicago, IL 60606 Phone: (312)267-8750 Fax: 312-267-6025 Email: jas@svoco.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Valor Equity Partners, L.P. Antonio Gracias, Contact 200 S. Michigan Avenue, Suite 1020 Chicago, IL 60604 Phone: (312)683-1900 Fax: (312)683-1881 Email: jshulkin@valorep.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $3,000,000 Preferred Max: $6,000,000 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE REFERENCES Growth INDUSTRY PREFERENCE Generalist w/a current focus on industrial products & man- facturing, value-added dist- ribution, energy services, healt- care, business services. GEOGRAPHIC PREFERENCES Continental United States DESCRIPTION OF FIRM'S FOCUS Valor is a value oriented, operationally focused middle market private equity firm. As an equity partner & business builder. Valor implements a systemic approach to creating stronger, competitive, profitable, business entities in its portfolio comp. Vogen Funding, L.P. Jeffry S. Pfeffer, Contact 10 S. Wacker Drive, Suite 1840 Chicago, IL 60606 Phone: (312)629-2878 Fax: (312)629-2874 Email: jspfeffer@capxpartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $2,000,000 Preferred Max: $10,000,000 TYPE OF CAPITAL PROVIDED Equipment Leases Loans Secured Mezzanine FUNDING STAGE REFERENCES Late Stage Venture Growth Capital Buyout INDUSTRY PREFERENCE Manufacturing Distribution Technology/Telecom Business Services GEOGRAPHIC PREFERENCES National Footprint DESCRIPTION OF FIRM'S FOCUS CapX Partners, founded in 1999, is a equip- ment financing and secured mezzanine fund focusing on transaction sizes of $2-$10m for private equity and venture backed portfolio companies. CapX is investing out of its $150m third fund (Vogen). Indiana 1st Source Capital Corporation Eugene L. Cavanaugh, Jr., Vice President South Bend, IN 46634 Phone: (574)235-2180 Fax: (574)235-2227 Email: cavanaugh@1stsource.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $300,000 Preferred Max: $600,000 TYPE OF CAPITAL PROVIDED Equity Debt with Equity FUNDING STAGE REFERENCES Later Stage Expansion Acquisitions MBO INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES Midwest DESCRIPTION OF FIRM'S FOCUS Financings sought include second/third stage financings for companies with significant growth potential, acquisitions, management buyouts, and transfers of ownership. Of primary interest are companies involved in manufacturing, sales or distribution. Cambridge Ventures, LP Ms. Jean Wojtowicz, President 4181 East 96th Street Suite 200 Indianapolis, IN 46240 Phone: (317)814-6192 Fax: (317)844-9815 Email: jwojtowicz@cambridgecapitalmgmt.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $100,000 Preferred Max: $1,000,000 TYPE OF CAPITAL PROVIDED Subordinate Debt Equity Debt FUNDING STAGE REFERENCES Expansion Acquisition MBO INDUSTRY PREFERENCE Diversified Manufacturing GEOGRAPHIC PREFERENCES Within 200 miles of IN DESCRIPTION OF FIRM'S FOCUS Prefers to invest in companies that are cash flow positive, in need of growth, expansion or acquisition capital. Centerfield Capital Partners, L.P. D. Scott Lutzke, Contact 3030 Market Tower 10 West Market Street Indianapolis, IN 46204 Phone: (317)237-2323 Fax: (317)237-2325 Email: SCOTT@centerfieldcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Irwin Ventures SBIC LLC David Meyercord, Contact 500 Washington Street Columbus, IN 47201 Phone: (812)373-1434 Fax: (812)376-1709 Email: dave.meyercord@irwinventures.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Iowa AAVIN Equity Partners I, L.P. James D. Thorpe, Contact 118 Third Avenue, SE, Suite 630 Cedar Rapids, IA 52401 Phone: (319)247-1072 Fax: (319)363-9519 Email: jthorp@aavin.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Lewis & Clark Private Equities, L.P. David R. Schroder, Contact 101 Second Street, SE, Suite 800 Cedar Rapids, IA 52401 Phone: (319)363-8249 Fax: (319)363-9683 Email: mbenge@investam.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $500,000 Preferred Max: $2,500,000 TYPE OF CAPITAL PROVIDED Subordinated Debt Preferred Stock Equity FUNDING STAGE REFERENCES Growth and Later Stage INDUSTRY PREFERENCE Manufacturing Service Distribution Technology GEOGRAPHIC PREFERENCES United States DESCRIPTION OF FIRM'S FOCUS Invest in growth and later stage manu- facturing, service, distribution, and technology businesses with from $10 to $50 million in sales, both growth and buyout financing throughout U.S. However, the Fund is now fully invested. North Dakota SBIC, L.P. David R. Schroder, Manager 101 Second Street SE, Suite 800 Cedar Rapids, IA 52401 Phone: (701)298-0003 Fax: (701)293-7819 Email: mbenge@investam.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $500,000 Preferred Max: $750,000 TYPE OF CAPITAL PROVIDED Subordinated Debt Preferred Stock-Warrants Equity FUNDING STAGE REFERENCES Expansion Later Stage INDUSTRY PREFERENCE Manufacturing Service Distribution GEOGRAPHIC PREFERENCES North Dakota South Dakota Minnesota Montana National DESCRIPTION OF FIRM'S FOCUS Invests nationally in growth and later stage manufacturing, service, and distribution businesses with $5 to $40 million in sales seeking $1 to $7 million in equity or near equity financing to fund growth or buyouts. Focused on ND & contiguous states. Kansas Kansas Venture Capital, Inc. Marshall D. Parker Pinnacle Corporate Centre I, Suite 250 11300 Tomahawk Creek Parkway Leawood, KS 66211 Phone: (913)262-7117 Fax: (913)262-3509 Email: mparker@kvci.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $3,000,000 TYPE OF CAPITAL PROVIDED Equity Subordinated Debt FUNDING STAGE REFERENCES No Seed All Other Stages INDUSTRY PREFERENCE Manufacturing Diversified GEOGRAPHIC PREFERENCES Primarily Midwest DESCRIPTION OF FIRM'S FOCUS Invests in a variety of enterprises with significant growth potential which are operated by exceptional management teams. Provides later stage capital for expansion acquisition or stockholder liquidity purposes. MidStates Capital Fund II, L.P. Tim Keeble, Contact 7300 West 110th Street, 7th Floor Overland Park, KS 66210 Phone: (913)962-9007 Fax: (913)962-0699 Email: timkeeble@midstatescap.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS MidStates Capital, L.P. Timothy J. Keeble, Contact 7300 West 110th Street, 7th Floor Overland Park, KS 66210 Phone: (913)962-9007 Fax: (913)962-0699 Email: timk@midstatescap.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Kentucky Chrysalis Ventures II, L.P. Lisa K. Aly, Contact 101 South Fifth Street, Suite 1650 Louisville, KY 40202 Phone: (502)583-7644 Fax: (502)853-7648 Email: Laly@ChrysalisVentures.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Mountain Ventures, Inc. L. Ray Moncrief, President P.O. Box 1738, 362 Old Whitley Road London, KY 40743 Phone: (606)864-5175 Fax: (606)864-5194 Email: BMcDaniel@khic.org INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $100,000 Preferred Max: $350,000 TYPE OF CAPITAL PROVIDED Loan Debt Equity FUNDING STAGE REFERENCES Seed Early Expansion Later Stages INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES Southeast Kentucky DESCRIPTION OF FIRM'S FOCUS Prefers to invest in firms to be located in Eastern Kentucky. Louisiana Audubon Capital SBIC, L.P. Robert Cowin, Contact 217 N. Columbia Street Covington, LA 70433 Phone: (985)635-6004 Fax: (985)635-6011 Email: rcowin@auduboncapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $4,000,000 TYPE OF CAPITAL PROVIDED Subordinated Debt Preferred Stock FUNDING STAGE REFERENCES Later Stage INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES Gulf States and Southern Regions (Oklahoma, Texas, Louisiana, Mississippi, Alabama, and Georgia) DESCRIPTION OF FIRM'S FOCUS Mezzanine debt financing for middle market companies. Bank One Equity Investors-BIDCO, Inc. Thomas J. Adamek, President c/o Stonehenge Capital Corporation 236 Third Street Baton Rouge, LA 70801 Phone: (225)408-3255 Fax: (225)408-3090 Email: sgwhittington@stonehengecapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $5,000,000 TYPE OF CAPITAL PROVIDED Equity Subordinate Debt FUNDING STAGE REFERENCES Expansion Later Stage MBO LBO Acquisition INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES South Midwest DESCRIPTION OF FIRM'S FOCUS Jefferson Capital Partners I, L.P. William J. Harper, Contact 2156 Third Street, Ste. C Mandeville, LA 70471 Phone: (985)727-7232 Fax: (985)727-7213 Email: capital@jeffcap.com; wharper@jeffcap.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $2,000,000 TYPE OF CAPITAL PROVIDED Subordinated Debt Preferred Stock FUNDING STAGE REFERENCES Later Stage MBO/LBO Acquisition INDUSTRY PREFERENCE Low Tech Diversified GEOGRAPHIC PREFERENCES Southeastern US Texas Midwest DESCRIPTION OF FIRM'S FOCUS Subordinated debt and preferred stock investments in smaller middle market companies Maine Masthead Venture Partners Capital, L.P. 111 Commercial Street Suite 302 Portland, ME 04101 Phone: (207)780-0905 Fax: (207)780-0913 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS North Atlantic SBIC IV, L.P. Kimberley A. Niles, CFO Two City Center, 5th Floor Portland, ME 04101 Phone: (207)772-4470 Fax: (207)772-3257 Email: kniles@northatlanticcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS North Atlantic Venture Fund II, L.P. David M. Coit, Manager Two City Center, 5th Floor Portland, ME 04101 Phone: (207)772-4470 Fax: (207)772-3257 Email: kniles@northatlanticcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $2,000,000 Preferred Max: $3,000,000 TYPE OF CAPITAL PROVIDED Sub. Debt w/Equity Features Equity FUNDING STAGE REFERENCES Buy-outs Expansion Financing INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES Northeast DESCRIPTION OF FIRM'S FOCUS Target established companies seeking growth through internal expansion or acquisitions. Also finance the recapitalization or ownership change of profitable, well established businesses. Maryland Allegiance Capital, L.P. Gary Dorsch 10706 Beaver Dam Road Suite 201 Cockeysville, MD 21030 Phone: (410)568-1715 Fax: (410)568-1733 Email: gdorsch@allcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $3,000,000 TYPE OF CAPITAL PROVIDED Mezzanine FUNDING STAGE REFERENCES Later Stage INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES Mid-Atlantic DESCRIPTION OF FIRM'S FOCUS Subordinate debt to privately held companies Legg Mason SBIC Mezzanine Fund, L.P. Andrew L. John, Contact 111 South Calvert Street Suite 1800 Baltimore, MD 21202 Phone: (443)573-3700 Fax: (443)573-3703 Email: ajohn@cscp.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Patriot Capital II, L.P. Chris Royston, Contact 509 South Exeter Street Suite 210 Baltimore, MD 21202 Phone: (443)573-3010 Fax: (443)573-3020 Email: croyston@patriot-capital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Patriot Capital, L.P. Chris M. Royston, Contact 509 South Exeter Street Suite 210 Baltimore, MD 21202 Phone: (443)573-3010 Fax: (443)573-3020 Email: croyston@patriot-capital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Security Financial and Investment Corp. Jim Bonfils, Manager 7720 Wisconsin Avenue, Suite 207 Bethesda, MD 20814 Phone: (301)951-4288 Fax: (301)951-4286 Email: jamesbonfils@aol.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $25,000 Preferred Max: $150,000 TYPE OF CAPITAL PROVIDED Loans FUNDING STAGE REFERENCES Early Stage (One Year Op) No Start Ups INDUSTRY PREFERENCE No Specialty GEOGRAPHIC PREFERENCES 150 miles radius of DC DESCRIPTION OF FIRM'S FOCUS Loans made to going businesses in need of capital for expansion. Real estate collateral required. Spring Capital Partners II, L.P. Robert M. Stewart, Contact The Latrobe Building, 5th Floor 2 East Read Street Baltimore, MD 21202 Phone: (410)685-8000 Fax: (410)545-0015 Email: rms@springcap.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Spring Capital Partners, L.P. Mike Dongh, General Partner The Latrobe Building, 5th Floor 2 East Read Street Baltimore, MD 21202 Phone: (610)964-6972 Fax: (410)545-0015 Email: mailbox@springcap.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $2,000,000 Preferred Max: $4,000,000 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES Mezzanine Expansion Later Stage INDUSTRY PREFERENCE No Specialty GEOGRAPHIC PREFERENCES Mid-Atlantic DESCRIPTION OF FIRM'S FOCUS Massachusetts Ascent Venture Partners II, L.P. Walter Dick, General Partner 255 State Street, 5th Floor Boston, MA 02109 Phone: (617)720-9400 Fax: (617)720-9401 Email: tscanlon@ascentvp.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $3,000,000 TYPE OF CAPITAL PROVIDED Equity Debt w/Equity FUNDING STAGE REFERENCES Seed Early Stage Expansion INDUSTRY PREFERENCE Network and Communication Systems Enterprise Software Medical Specialized IT Services Industrial Technology GEOGRAPHIC PREFERENCES New England DESCRIPTION OF FIRM'S FOCUS Ascent Venture Partners IV-A, L.P. Brian Girvan, Contact 255 State Street, 5th Floor Boston, MA 02109 Phone: (617)720-9400 Fax: (617)720-9401 Email: tscanlon@ascentvp.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Brook Venture Fund IIA, L.P. Walter Beinecke, Partner 301 Edgewater Place, Suite 425 Wakefield, MA 01880 Phone: (781)295-4000 Fax: (781)295-4007 Email: nm@brookventure.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $5,000,000 TYPE OF CAPITAL PROVIDED Debt & Equity FUNDING STAGE REFERENCES Expansion Stage INDUSTRY PREFERENCE Information and/or Medical Technology GEOGRAPHIC PREFERENCES Northeastern U.S. DESCRIPTION OF FIRM'S FOCUS We provide financing to companies which are profitable at the time of the investment. Our investment dollars are targeted to support the accelerated business development & sales growth of our portfolio companies- leading to a sale of the company in 3-5 yrs. Citizens Ventures, Inc. Scott Sullivan - VP of Finance 28 State Street, 15th Floor Boston, MA 02109 Phone: (617)994-7177 Fax: (617)725-5630 Email: SCOTT@CITIZENSCAPITAL.COM INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED Subordinated Debt Equity FUNDING STAGE REFERENCES MBO Acquisition Growth INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES Northeast Midwest Southeast DESCRIPTION OF FIRM'S FOCUS Draper Fisher Jurvetson New England Fund I Todd Hixon, Contact One Broadway, 14th Floor Cambridge, MA 02142 Phone: (617)758-4213 Fax: (617)758-4101 Email: todd@dfjne.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED N/A FUNDING STAGE REFERENCES N/A INDUSTRY PREFERENCE N/A GEOGRAPHIC PREFERENCES N/A DESCRIPTION OF FIRM'S FOCUS This fund is no longer investing in new portfolio companies. Gemini Investors III, L.P. David F. Millet, Contact 20 William Street Wellesley, MA 02481 Phone: (781)237-7001 Fax: (781)237-7233 Email: mkeis@gemini-investors.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Gemini Investors IV, L.P. Matt Keis, Contact 20 William Street, Suite 250 Wellesley, MA 02481 Phone: (781)237-7001 Fax: (781)237-7233 Email: mkeis@gemini-investors.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Gemini Investors V, L.P. Matthew E. Keis, Contact 20 William Street, Suite 250 Wellesley, MA 02481 Phone: (781)237-7001 Fax: (781)237-7233 Email: mkeis@gemini-investors.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Ironwood Equity Fund LP 18 Tremont St., Suite 1120 Boston, MA 02108 Phone: (617)723-6747 Fax: (617)723-6746 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Masthead Venture Partners Capital, L.P. Timothy Agnew, Contact 55 Cambridge Parkway Suite 103 Cambridge, MA 02142 Phone: (617)621-3000 Fax: (617)621-3055 Email: tim@mvpartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS North Hill Ventures II, L.P. Brett Rome, Contact Ten Post Office Square, Suite 1100 Boston, MA 02109 Phone: (617)788-2150 Fax: (617)788-2152 Email: cynthia.fanikos@capitalone.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES Early-stage INDUSTRY PREFERENCE Financial Marketing technology GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Cash was controlled by Capital One, the LP. Cash flows from Capital One to portfolio companies. The cash will be received by Capital One also.--Per email dated 09-13-10 from Cynthia Fanikos Seacoast Capital Partners II, L.P. Walt Leonard, Contact 55 Ferncroft Road Danvers, MA 01923 Phone: (978)750-1300 Fax: (978)750-1301 Email: WLEONARD@seacoastcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS SEED Ventures, L.P. Thomas Wooters, Contact 80 Dean Street Taunton, MA 02780 Phone: (508)822-1020 Fax: (508)880-7869 Email: tom@seedvf.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $100,000 Preferred Max: $1,250,000 TYPE OF CAPITAL PROVIDED 75%: Loan and debt 25%: Equity FUNDING STAGE REFERENCES 20-30%: startup & dvlpmnt 70-80%: Exp & Later INDUSTRY PREFERENCE no industry specific GEOGRAPHIC PREFERENCES southeast Massachusetts DESCRIPTION OF FIRM'S FOCUS Summer Street Capital Fund I, L.P. Richard Steele 171 Dwight Rd. Suite 310 Longmeadow, MA 01106 Phone: (413)567-3366 Fax: (413)567-6556 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Ticonderoga SBIC, L.P. Craig A.T. Jones, Contact 1050 Winter Street, Suite 1000 Waltham, MA 02451 Phone: (781)416-3400 Fax: (781)416-9868 Email: cjones@ticonderogacap.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Velocity Equity Partners I SBIC, L.P. David Vogel, Contact 50 Salem Street Building B Lynnfield, MA 01940 Phone: (617)338-2545 Fax: (617)261-3864 Email: jvogel@velocityep.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Michigan Dearborn Capital Corp. (SSBIC) Michael Kehres, Asst Treasurer,Secretary c/o Ford Motor Credit Corporation The American Road Dearborn, MI 48121 Phone: (313)337-8577 Fax: (313)390-3783 Email: mkehres@ford.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $250,000 Preferred Max: $1,000,000 TYPE OF CAPITAL PROVIDED Loans FUNDING STAGE REFERENCES Expansion Later Stage LBO Acquisition INDUSTRY PREFERENCE Automotive GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Provides financial and management assistance to minority-owned businesses that are suppliers of Ford Motor Company. EDF Ventures II, L.P. Mary Campbell, Contact 425 North Main Street Ann Arbor, MI 48104-1147 Phone: (734)663-3213 Fax: (734)663-7358 Email: fingerle@edfvc.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Minnesota AAVIN Equity Partners I, L.P. Daryl Erdman 2500 Rand Tower Minneapolis, MN 55402 Phone: (602)375-9966 Fax: (319)363-9519 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Affinity Ventures III, L.P. Robin M. Dowdle, Contact 901 Marquette Avenue, Suite 2820 Minneapolis, MN 55402 Phone: (612)252-9897 Fax: (612)252-9911 Email: rdowdle@affinitycapital.net INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $5,000,000 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE REFERENCES Mid to Late Stage INDUSTRY PREFERENCE Medical Device/ Health Care Service GEOGRAPHIC PREFERENCES United States DESCRIPTION OF FIRM'S FOCUS Generate healthy outcomes in health care. Affinity Ventures IV, L.P. Robin M. Dowdle, Contact 901 Marquette Avenue, Suite 2820 Minneapolis, MN 55402 Phone: (612)252-9900 Fax: (612)252-9911 Email: rdowdle@affinitycapital.net INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $5,000,000 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE REFERENCES Mid to Late Stage INDUSTRY PREFERENCE Medical Device/ Health Care Service GEOGRAPHIC PREFERENCES United States DESCRIPTION OF FIRM'S FOCUS Generate healthy outcomes in health care. Agio Capital Partners I, L.P. Kenneth F. Gudorf, President & CEO 5050 Lincoln Drive, Suite 420 Edina, MN 55436 Phone: (952)938-1628 Fax: (866)683-7270 Email: Ken@Agio-Capital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $3,000,000 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE REFERENCES Growth MBO Acquisition INDUSTRY PREFERENCE Manufacturing Distribution Services GEOGRAPHIC PREFERENCES Midwest DESCRIPTION OF FIRM'S FOCUS Private investment partnership making equity investments of up to $5.0 million in a wide variety of companies with a primary interest in management buyouts within the manufacturing, distribution, and service sectors. Bayview Capital Partners II LP Cary Musech, Contact 301 Carlson Parkway, Suite 325 Minnetonka, MN 55305 Phone: (952)345-2035 Fax: (952)345-2001 Email: cmusech@tonkabayequity.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $6,000,000 Preferred Max: $10,000,000 TYPE OF CAPITAL PROVIDED 50% equity 50% debt FUNDING STAGE REFERENCES later stage INDUSTRY PREFERENCE manufacturing business services distribution GEOGRAPHIC PREFERENCES United States DESCRIPTION OF FIRM'S FOCUS Buyouts and recapitalizations. Convergent Capital Partners I, L.P. John Mason, Keith Bares 505 N. Highway 169 Suite 245 Minneapolis, MN 55441 Phone: (763)432-4081 Fax: (763)432-4085 Email: kbares@cvcap.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $2,000,000 Preferred Max: $8,000,000 TYPE OF CAPITAL PROVIDED Subordinated debt with equity warrants or other yield enhancements FUNDING STAGE REFERENCES Growth and Late Stage INDUSTRY PREFERENCE Convergent will consider investments in a broad range of industries. GEOGRAPHIC PREFERENCES Convergent will consider investments across the United States. DESCRIPTION OF FIRM'S FOCUS Convergent provides growth & acquisition capital to businesses committed to long-term sustainable growth. We also structure in- vestments around recapitalizations, spon- sored management buyouts, & add-on fin- ancings to our existing portfolio companies. Convergent Capital Partners II, L.P. Keith Bares, Contact 505 N. Highway 169 Suite 245 Minneapolis, MN 55441 Phone: (763)432-4081 Fax: (763)432-4085 Email: kbares@cvcap.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $2,000,000 Preferred Max: $8,000,000 TYPE OF CAPITAL PROVIDED Subordinated debt w/equity warrants or other yield enhancements FUNDING STAGE REFERENCES Growth and Late Stage INDUSTRY PREFERENCE Convergent will consider investments in a broad range of industries. GEOGRAPHIC PREFERENCES Convergent will consider investments across the United States. DESCRIPTION OF FIRM'S FOCUS Convergent provides growth & acquisition capital to businesses committed to long-term sustainable growth. We also structure in- vestments around recapitalizations, spon- sored management buyouts, & add-on fin- ancings to our existing portfolio companies. GMB Mezzanine Capital, L.P. Barry Lindquist, Contact 50 South Sixth Street, Suite 1460 Minneapolis, MN 55402 Phone: (612)243-4404 Fax: (612)243-4446 Email: blindquist@gmbmezz.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $3,000,000 Preferred Max: $13,000,000 TYPE OF CAPITAL PROVIDED All-coupon, fixed rate subor- dinated notes with nominally- priced warrants. FUNDING STAGE REFERENCES Mature companies w/sound historical financial per- formance and diversified product,customer and supplier base. INDUSTRY PREFERENCE Niche manufacturing and fabrication, value-added distribution and service companies. GEOGRAPHIC PREFERENCES United States only. DESCRIPTION OF FIRM'S FOCUS Investments, as described above, in priv- ately-owned companies of less than $100m of enterprise value. We will participate as a sole investor, a lead investor for co-invest ment group, or as a co-investor w/another institutional investor. Marquette Capital Fund I, L.P. Thomas Jenkins, Contact 60 South Sixth Street, Suite 3510 Minneapolis, MN 55402 Phone: (612)661-3990 Fax: (612)661-3999 Email: tom.jenkins@marquette.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $2,000,000 Preferred Max: $5,000,000 TYPE OF CAPITAL PROVIDED Bridge Loans Subordinated Debt Equity Co-invest FUNDING STAGE REFERENCES Later Stage Growth financing for mature businesses Acquisitions, Recaps,MBOs INDUSTRY PREFERENCE Diversified Manufacturers Value Added Distributors Service Companies GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Medallion Capital, Inc. Paul Meyering, President 3000 W. County Road 42, Suite 301 Burnsville, MN 55337-4827 Phone: (952)831-2025 Fax: (952)831-2945 Email: mvannelli@medallioncapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $5,000,000 TYPE OF CAPITAL PROVIDED Senior Debt Subordinated Debt FUNDING STAGE REFERENCES Acquisition MBO Later Stage INDUSTRY PREFERENCE Communications Technology Manufacturing Services GEOGRAPHIC PREFERENCES Midwest National DESCRIPTION OF FIRM'S FOCUS Private Equity-Sponsored buyouts. Milestone Growth Fund, Inc. Richard Venegar, President and CEO 527 Marquette Avenue, Suite 1915 Minneapolis, MN 55402 Phone: (612)338-0090 Fax: (612)338-1172 Email: inquirymgf@milestonegrowth.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $300,000 Preferred Max: $500,000 TYPE OF CAPITAL PROVIDED Loans Loans w/Warrants FUNDING STAGE REFERENCES Expansion Early Stage Later Stage INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES Minnesota DESCRIPTION OF FIRM'S FOCUS Provides long-term financing to minority-owned businesses. Requires lead investor for opportunities outside of Minnesota. Mississippi Sun-Delta Capital Access Center, Inc. (SSBIC) Spencer Nash - President/CEO 819 Main Street Greenville, MS 38701 Phone: (662)347-2131 Fax: (662)335-5295 Email: spencernash@deltadf.org INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $25,000 Preferred Max: $200,000 TYPE OF CAPITAL PROVIDED Loan, Debt Equity Subordinated Debt FUNDING STAGE REFERENCES Seed Early Stage Acquisition, MBO Expansion Later Stage INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES National Mississippi DESCRIPTION OF FIRM'S FOCUS Focuses on a national marketing effort, in addition to raising additional dollars. Missouri C3 Capital Partners II, L.P. Patrick F. Healy, Contact 4520 Main Street, Suite 1600 Kansas City, MO 64111-7700 Phone: (816)756-2225 Fax: (816)756-5552 Email: phealy@C3cap.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $3,000,000 Preferred Max: $10,000,000 TYPE OF CAPITAL PROVIDED Subordinated Debt, with detachable warrants FUNDING STAGE REFERENCES Mature companies (no- turnarounds or start-ups) INDUSTRY PREFERENCE Chemicals, energy business services distribution and high valued-added manufacturing GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Partnering with entrepreneurs to accomplish a transaction where the funds are used for growth capital, strategic acquisitions, ownership transitions or recapitalizations. C3 Capital Partners, LP Patrick F. Healy and Mikala January 4520 Main Street, Suite 1600 Kansas City, MO 64111 Phone: (816)756-2225 Fax: (816)756-5552 Email: phealy@C3cap.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $3,000,000 Preferred Max: $10,000,000 TYPE OF CAPITAL PROVIDED Subordinated debt w/detachable warrants FUNDING STAGE REFERENCES Mature companies (no turnarounds or start-ups) INDUSTRY PREFERENCE Chemicals, energy business services distribution and high value-added manufacturing GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Partnering with entrepreneurs to accomplish a transaction where the funds are used for growth capital, strategic acquisitions, ownerships transitions or recapitalizations. CFB Venture Fund II, LP Stephen B. Brown, Managing Partner 11 South Meramec, Suite 1430 Saint Louis, MO 63105 Phone: (314)746-7427 Fax: (314)746-8739 Email: Bill.Witzofsky@capitalforbusiness.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $500,000 Preferred Max: $3,000,000 TYPE OF CAPITAL PROVIDED Debt w/Warrants Preferred Stock FUNDING STAGE REFERENCES Expansion Later Stage MBO LBO Acquisition INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES Midwest DESCRIPTION OF FIRM'S FOCUS CFB Venture Fund II, LP Greg K. Gaeddert 1000 Walnut, 18th Floor Kansas City, MO 64106 Phone: (816)234-2357 Fax: (816)234-2952 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS CFB Venture Fund L.P. Stephen B. Brown, Managing Partner 11 South Meramec, Suite 1430 Saint Louis, MO 63105 Phone: (314)746-7427 Fax: (314)746-8739 Email: Bill.Witzofsky@capitalforbusiness.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS FULLY INVESTED CFB Venture Fund L.P. Greg L. Gaeddert 1000 Walnut, 18th Floor Kansas City, MO 64106 Phone: (816)234-2357 Fax: (816)234-2952 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Eagle Fund I, L.P. Scott Fesler, Principal 101 S. Hanley Road, Suite 1250 Saint Louis, MO 63105 Phone: (314)727-4555 Fax: (314)727-8829 Email: bmg@bushodonnell.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Eagle Fund II, L.P. Scott Fesler, Principal 101 S. Hanley Road, Suite 1250 Saint Louis, MO 63105 Phone: (314)727-4555 Fax: (314)727-8829 Email: sdf@bushodonnell.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS RiverVest Venture Fund I, L.P. Thomas C. Melzer, Contact 7733 Forsyth Boulevard, Suite 1650 Saint Louis, MO 63105 Phone: (314)726-6700 Fax: (314)726-6715 Email: mslavich@rivervest.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS UMB Capital Corporation, Inc. Christian P. Roth, Manager 1010 Grand Boulevard Mail Stop 1020204 Kansas City, MO 64106 Phone: (816)860-4871 Fax: (816)860-7143 Email: christian.roth@umb.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: $500,000 TYPE OF CAPITAL PROVIDED Loans Equity Debt w/Equity FUNDING STAGE REFERENCES Later Stage INDUSTRY PREFERENCE Manufacturing GEOGRAPHIC PREFERENCES Midwest DESCRIPTION OF FIRM'S FOCUS Montana Glacier Venture Fund Limited Partnership Jon Marchi, Contact 40979 Valley View Road Polson, MT 59860- Phone: (406)883-5470 Fax: (406)883-5677 Email: jonmarchi@marchiangus.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Nevada Atalanta Investment Company, Inc. L. Mark Newman, Chairman of the Board 601 Fairview Boulevard Incline Village, NV 89451- Phone: (775)833-1836 Fax: (775)833-1890 Email: mark@marknewman.net INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $2,000,000 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE REFERENCES Expansion Later Stage INDUSTRY PREFERENCE Technology GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS New Hampshire MB Growth Partners II, L.P. Jeffrey M. Pollock, Contact 66 Hanover Street Manchester, NH 03101 Phone: (603)623-5500 Fax: (603)623-3972 Email: jmpollock@merchantbanc.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Please visit our web address: www.merchantbanc.com New Jersey Alliance Mezzanine Investors, L.P. Robert Eberhardt, Douglas Smith 155 Pompton Avenue Suite 104 Verona, NJ 07044 Phone: (973)239-8900 Fax: (973)239-8909 Email: mtv@mezcap.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,500,000 Preferred Max: $2,500,000 TYPE OF CAPITAL PROVIDED Subordinated Debt w/Warrants Equity FUNDING STAGE REFERENCES Later Stage Only Include Expansion Growth Capital LBO, MBO, Recaps Acquisitions INDUSTRY PREFERENCE Diversified Manufacturing Distribution Services GEOGRAPHIC PREFERENCES New Jersey Pennsylvania New York New England Mid-Atlantic(co-investrs) DESCRIPTION OF FIRM'S FOCUS Funding for expansion, acquisition, buyout or recap of profitable later-stage companies Contemporary Healthcare Fund I, LP Eric Smith, Contact 1040 Broad Street, Suite 103 Shrewsbury, NJ 07702 Phone: (732)578-0533 Fax: (732)578-0501 Email: esmith@contemporarycapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Edison Fund V, L.P. Ross Martinson, Contact 1009 Lenox Drive, #4 Lawrenceville, NJ 08648 Phone: (609)873-9202 Fax: (609)896-0066 Email: gayle@edisonventure.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $2,000,000 Preferred Max: $6,000,000 TYPE OF CAPITAL PROVIDED Equity oriented instruments FUNDING STAGE REFERENCES Expansion Stage INDUSTRY PREFERENCE Initial investment: $2 million to $6 million GEOGRAPHIC PREFERENCES New Jersey, Pennsylvania, Delaware, Maryland, Virginia DESCRIPTION OF FIRM'S FOCUS Technology - software, communications, computer services Edison Venture Fund IV SBIC, L.P. Ross Martinson, Contact 1009 Lenox Drive, #4 Lawrenceville, NJ 08648 Phone: (609)873-9202 Fax: (609)896-0066 Email: rmartinson@edisonventure.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $5,000,000 TYPE OF CAPITAL PROVIDED Equity Only FUNDING STAGE REFERENCES Expansion INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES Mid-Atlantic: New Jersey, Pennsylvania, Delaware, Maryland, Virginia DESCRIPTION OF FIRM'S FOCUS Information Technology: software, services, communication, internet, electronics NJTC Venture Fund SBIC, L.P. Colleen Algayer, Contact 1001 Briggs Road, Suite 280 Mount Laurel, NJ 08054 Phone: (856)273-6800 Fax: (856)273-0990 Email: colleen@njtcvc.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED None FUNDING STAGE REFERENCES N/A INDUSTRY PREFERENCE N/A GEOGRAPHIC PREFERENCES N/A DESCRIPTION OF FIRM'S FOCUS NJTC Venture Fund SBIC is fully invested and can no longer receive new companies for review. Redstone Business Lenders, LLC Jeffrey Birnberg, President 25 Whitney Road Mahwah, NJ 07430 Phone: (201)560-1180 Fax: (201)560-1158 Email: jeff@BirnbergGroup.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED Loans Debt/Equity FUNDING STAGE REFERENCES Expansion Later Stage Buyouts INDUSTRY PREFERENCE Diversified Retail Manufacturing GEOGRAPHIC PREFERENCES Northeast DESCRIPTION OF FIRM'S FOCUS University Ventures, Inc. (SSBIC) David M. Scheck - Chairman c/o New Jersey Community Capital 16-18 West Lafayette Street Trenton, NJ 08608 Phone: (609)989-7766 Fax: (609)393-9401 Email: dscheck@njclf.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: $150,000 TYPE OF CAPITAL PROVIDED Loans w/Equity Features FUNDING STAGE REFERENCES Early Stage Expansion INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES Northeast DESCRIPTION OF FIRM'S FOCUS Ziegler Healthcare Fund I, L.P. Douglas Korey, Contact 1040 Broad Street, Suite 103 Shrewsbury, NJ 07702 Phone: (732)578-0533 Fax: (732)578-0501 Email: esmith@contemporarycapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS New York Accretive Investors SBIC, L.P. J. Michael Cline, Contact 51 Madison Avenue, 31st Floor New York, NY 10010 Phone: (646)282-1920 Fax: (646)390-0545 Email: MSlodowitz@accretivellc.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $2,500,000 Preferred Max: $10,000,000 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE REFERENCES Seed and Growth INDUSTRY PREFERENCE Software Business Process Outsourcing and IT Enable Services. GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Accretive is focused on building leaders in business-to-business software, IT-enabled business services, and process outsourcing. These areas continue to address real business problems, have tremendous opport. for growth and value. ACI Capital America Fund, L.P. Kevin Penn, Thomas Israel, Jim Mattutat 666 Third Avenue, 29th Floor New York, NY 10017 Phone: (212)634-3333 Fax: (212)634-3330 Email: Kspenn@acicapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS ACI is a mature fund and are no longer accepting new investments. AEA Investors Small Business Fund LP John F. Cozzi, Contact 55 East 52nd Street, 35th Floor New York, NY 10055 Phone: (212)702-0504 Fax: (212)702-0550 Email: jcozzi@aeainvestors.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $10,000,000 Preferred Max: $30,000,000 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE REFERENCES Growth Change of Control INDUSTRY PREFERENCE Consumer Industrial Services GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Argentum Capital Partners II, L.P. Daniel Raynor, Chairman 60 Madison Avenue, Suite 701 New York, NY 10110 Phone: (212)949-6262 Fax: (212)949-8294 Email: sdberman@argentumgroup.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $2,000,000 Preferred Max: $10,000,000 TYPE OF CAPITAL PROVIDED Equity Debt FUNDING STAGE REFERENCES Later Stage Acquisitions MBO INDUSTRY PREFERENCE Healthcare Information Waste Management Software Communications General GEOGRAPHIC PREFERENCES East Coast National DESCRIPTION OF FIRM'S FOCUS investments in later stage growth companies for expansion, acquisitions, recapitalizations and management buyouts. Specializes in equity and mezzanine Argentum Capital Partners, LP Daniel Raynor, Chairman 60 Madison Avenue, Suite 701 New York, NY 10110 Phone: (212)949-8272 Fax: (212)949-8294 Email: sdberman@argentumgroup.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $5,000,000 TYPE OF CAPITAL PROVIDED Equity Mezzanine FUNDING STAGE REFERENCES Expansion Later Stage INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Brookside Pecks Capital Partners, L.P. Ray Weldon 405 Park Avenue, 12th Floor New York, NY 10022 Phone: (212)935-6090 Fax: (212)759-4831 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Cephas Capital Partners II, L.P. Jeff Holmes, Contact 11 Schoen Place, 8th Floor Pittsford, NY 14534 Phone: (585)383-1610 Fax: (585)383-1613 Email: ccampbell@cephascapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Cephas Capital Partners L.P. Clint Campbell, Jeff Holmes, Mgrs. 11 Schoen Place - 8th Floor Pittsford, NY 14534 Phone: (585)383-1610 Fax: (585)383-1613 Email: ccampbell@cephascapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $500,000 Preferred Max: $1,000,000 TYPE OF CAPITAL PROVIDED Debt Subordinated Debt Preferred Stock FUNDING STAGE REFERENCES Acquisition Growth MBO Recaptalization INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES Upstate New York DESCRIPTION OF FIRM'S FOCUS Seeks to invest in established companies with experienced management teams with opportunities for growth. CIBC WMV Inc. Ann Oliveri-Fusco, Executive Director 425 Lexington Avenue, 2nd Floor New York, NY 10017 Phone: (212)455-6411 Fax: (212)697-1544 Email: Ann.Oliveri-Fusco@US.CIBC.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Citicorp Venture Capital, Ltd. Meghan Fogarty 399 Park Avenue, 14th Floor/Zone 4 New York, NY 10043 Phone: (212)783-1233 Fax: (212)793-9200 Email: meghan.fogarty@citi.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $5,000,000 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE REFERENCES MBO INDUSTRY PREFERENCE Industrial Manufacturing Distribution No High Tech GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Deerpath Funding, L.P. James H. Kirby, Contact 405 Lexington Avenue, 71st Floor New York, NY 10174 Phone: (646)786-1022 Fax: (646)417-7095 Email: jkirby@deerpathcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS DeltaPoint Capital III, L.P. David H. Waterman, Managing Director 45 East Avenue 6th Floor Rochester, NY 14604 Phone: (585)454-6990 Fax: (585)454-3204 Email: dwaterman@deltapointcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS East Coast Capital Holdings Ltd. (SSBIC) Fredrick Schulman, President 30 East 29th Street, Suite 204 New York, NY 10016 Phone: (212)686-1515 Fax: (212)686-1131 Email: fstart@aol.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $50,000 Preferred Max: $200,000 TYPE OF CAPITAL PROVIDED Loans Equity FUNDING STAGE REFERENCES Seed Expansion INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES Regional DESCRIPTION OF FIRM'S FOCUS Easton Hunt Capital Partners, L.P. John H. Friedman, Contact 767 Third Avenue, 7th Floor New York, NY 10017 Phone: (212)702-0950 Fax: (212)702-0952 Email: schneider@eastoncapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Elk Associates Funding Corporation Michael Feinsod, President 50 Jericho Quadrangel, Suite 109 Jericho, NY 11753- Phone: (516)681-0099 Fax: (516)681-1791 Email: smullens@elkassociates.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $100,000 Preferred Max: $300,000 TYPE OF CAPITAL PROVIDED Secured Loans Some Debt /w Equity FUNDING STAGE REFERENCES Later Stage INDUSTRY PREFERENCE Transportation Diversified GEOGRAPHIC PREFERENCES Northeast South FL Illinois DESCRIPTION OF FIRM'S FOCUS Emigrant Capital Corporation Kenneth L. Walters Jr. 6 East 43rd Street 8th Floor New York, NY 10017 Phone: (212)850-4470 Fax: (212)850-3470 Email: WaltersK@emigrant.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Empire State Capital Corporation (SSBIC) Mitzi Wu, Vice President 170 Broadway, Suite 404 New York, NY 10038 Phone: (212)513-1799 Fax: (212)513-1874 Email: ESC5131799@aol.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $500,000 TYPE OF CAPITAL PROVIDED Loans Equity Investments FUNDING STAGE REFERENCES Early Stage Expansion INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES Atlantic Region DESCRIPTION OF FIRM'S FOCUS Eos Partners SBIC II, L.P. Steven Friedman & Brian Young, Manager 320 Park Avenue, 22nd Floor New York, NY 10022 Phone: (212)832-5800 Fax: (212)832-5805 Email: bbernstein@eospartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Eos Partners SBIC III, L.P. Beth Bernstein, Contact 320 Park Avenue, 22nd Floor New York, NY 10022 Phone: (212)832-5800 Fax: (212)832-5815 Email: bbernstein@eospartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Eos Partners SBIC, L.P. Steven Friedman, Partner 320 Park Avenue, 22nd Floor New York, NY 10022 Phone: (212)832-5814 Fax: (212)832-5815 Email: bbernstein@eospartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $5,000,000 TYPE OF CAPITAL PROVIDED Equity Debt w/Equity FUNDING STAGE REFERENCES Early Stage Expansion Later LBO INDUSTRY PREFERENCE Telecommunications Media Health Services Business Outsourcing GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Falcon Private Equity, L.P. Gregga Baxter, Matthew Snyder, Contacts 330 Madison Avenue - 37th Floor New York, NY 10017-4627 Phone: (212)922-2333 Fax: (212)922-2351 Email: gregga.baxter@saudibank.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Fidus Mezzanine Capital, L.P. 126 E. 56th Street, Suite 2120 New York, NY 10022 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Fifth Street Mezzanine Partners IV, L.P. Bernard D. Berman, Contact 10 Bank Street Suite 1210 White Plains, NY 10606 Phone: (914)286-6810 Fax: (914)328-4214 Email: bernie@fifthstreetcap.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Flushing Capital Corporation (SSBIC) Tetsuro Takada, President 113-19 14th Road College Point, NY 11356 Phone: (718)886-5866 Fax: (718)321-2934 Email: flushingcapital@nyc.rr.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $300,000 TYPE OF CAPITAL PROVIDED Loans FUNDING STAGE REFERENCES Expansion INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES New York City Area DESCRIPTION OF FIRM'S FOCUS Founders Equity SBIC I, L.P. John D. White, Jr., Contact 711 Fifth Avenue, 5th Floor New York, NY 10022 Phone: (212)829-0900 Fax: (212)829-0901 Email: jdwhite@fequity.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Freshstart Venture Capital Corporation Alvin Murstein, President 437 Madison Avenue New York, NY 10022 Phone: (212)328-2110 Fax: (212)328-2125 Email: mrusso@medallion.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $50,000 Preferred Max: $200,000 TYPE OF CAPITAL PROVIDED Loans Equity FUNDING STAGE REFERENCES Seed Expansion INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES Regional DESCRIPTION OF FIRM'S FOCUS GC SBIC IV, L.P. Gregory W. Cashman, Contact 551 Madison Avenue, 6th Floor New York, NY 10022 Phone: (212)750-6060 Fax: (212)750-5505 Email: gcashman@golubcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Gefus SBIC, L.P. William J. Beckett 375 Park Avenue, Suite 2401 New York, NY 10152 Phone: (212)308-1111 Fax: (212)308-1182 Email: wbeckett@gefinor.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS High Peaks Ventures, L.P. Russell Howard, Contact 10 Second Street Troy, NY 12180 Phone: (518)720-3090 Fax: (518)720-3091 Email: russ@highpeaksventures.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $750,000 Preferred Max: $3,000,000 TYPE OF CAPITAL PROVIDED Equity Capital FUNDING STAGE REFERENCES Early Stage INDUSTRY PREFERENCE Technology GEOGRAPHIC PREFERENCES New York State DESCRIPTION OF FIRM'S FOCUS High Peaks is a venture capital firm focused on investments in market leading, early stage tech. companies. High Peaks closed its inaugural fund in '04 & is actively in- vesting in NY state and thru-out the north- east focusing on internet-enabled business. Hudson Ferry Capital II, L.P. Timothy Ross, Contact 295 Madison Avenue, 31st Floor New York, NY 10017 Phone: (212)308-3079 Fax: (212)308-3893 Email: tross@hudsonferry.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Hudson Venture Partners II, L.P. John P. Truehart, Jr., Contact 535 Fifth Avenue, 14th Floor New York, NY 10017 Phone: (212)644-9797 Fax: (212)583-1859 Email: jtruehart@hudsonptr.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $2,000,000 Preferred Max: $5,000,000 TYPE OF CAPITAL PROVIDED Loans Equity Debt w/Equity Features FUNDING STAGE REFERENCES Early Stage Expansion Later Stage INDUSTRY PREFERENCE Internet, Software GEOGRAPHIC PREFERENCES Northeast United States DESCRIPTION OF FIRM'S FOCUS Technology and service related businesses. Ibero American Investors Corp. Emilio Serrano , President 46 Prince Street Lower Level-Suite #003 Rochester, NY 14607- Phone: (585)262-3440 Fax: (585)262-3441 Email: iberoinv@rochester.rr.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $100,000 Preferred Max: $500,000 TYPE OF CAPITAL PROVIDED Loans Equity Lines of Credit FUNDING STAGE REFERENCES Early Stage Expansion INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES Northeast Southeast DESCRIPTION OF FIRM'S FOCUS Focus is in the manufacturing, service and retail areas. Early stage and expansion financing preferred. Ibero American Investors Corp. Christine Ryan, Loan Officer Statler Towers Bldg. 107 Delaware Avenue, Suite 64 Buffalo, NY 14202 Phone: (716)842-9908 Fax: (716)842-9925 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS KBL Healthcare, L.P. Marlene Krauss 52 East 72nd Street-PH New York, NY 10021- Phone: (212)319-5555 Fax: (212)319-5591 Email: ss@kblvc.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Kinderhook Capital SBIC Fund I, L.P. Robert Michalik, Contact 521 Fifth Avenue 34th Floor New York, NY 10175- Phone: (212)201-6780 Fax: (212)201-6790 Email: rmichalik@kinderhookcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS L Capital Partners SBIC, LP Oded Weiss, Contact 10 East 53rd Street, 37th Floor New York, NY 10022 Phone: (212)675-7755 Fax: (212)206-9156 Email: oded@lcapitalpartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS LEG Partners Debenture SBIC, L.P. Lawrence Golub, Manager 551 Madison Avenue 6th Floor New York, NY 10022 Phone: (212)750-6060 Fax: (212)750-5505 Email: sba@golubcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS LEG Partners III SBIC, L.P. Lawrence Golub, Manager 551 Madison Avenue 6th Floor New York, NY 10022 Phone: (212)750-6060 Fax: (212)750-5505 Email: sba@golubcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Medallion Funding LLC Alvin Murstein, President 437 Madison Avenue New York, NY 10022 Phone: (212)328-2110 Fax: (212)328-2125 Email: nsarna@medallion.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $50,000 Preferred Max: $350,000 TYPE OF CAPITAL PROVIDED Sr. & Sub. Debt w/Warrants FUNDING STAGE REFERENCES Expansion INDUSTRY PREFERENCE Service Retail GEOGRAPHIC PREFERENCES Mid-Atlantic Northeast DESCRIPTION OF FIRM'S FOCUS Mercury Capital, L.P. David W. Elenowitz, Contact 590 Madison Avenue 30th Floor New York, NY 10022 Phone: (212)838-0888 Fax: (212)759-3897 Email: ele@mercurycapitalinc.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $2,500,000 Preferred Max: $7,500,000 TYPE OF CAPITAL PROVIDED Equity Only FUNDING STAGE REFERENCES Later Stage INDUSTRY PREFERENCE Manufacturing Distribution Serv. Businesses GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Investments in late stage manufacturing, distribution and service businesses with cash flow of $3 million and above. NBT Capital Corporation Donna Dolansky, Controller 52 South Broad Street Norwich, NY 13815 Phone: (607)337-6810 Fax: (607)336-8730 Email: rpowell@nbtbank.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $300,000 Preferred Max: $500,000 TYPE OF CAPITAL PROVIDED Equity Subordinated Debt Loans FUNDING STAGE REFERENCES Expansion Acquisition Later Stage Early Stage INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES Upstate NY Northeast Mid-Atlantic DESCRIPTION OF FIRM'S FOCUS Our primary interest is to provide a source of capital for business expansion in upstate NY. PennantPark SBIC, LP Aviv Efrat, Contact 590 Madison Avenue, 15th Floor New York, NY 10022 Phone: (212)905-1001 Fax: (212)905-1075 Email: efrat@pennantpark.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED Debt : 5% Equity: 10% Loan: 85% FUNDING STAGE REFERENCES Expansion: 10% Later: 50% Change of control: 40% INDUSTRY PREFERENCE No more than 15% in each industry GEOGRAPHIC PREFERENCES No more than 25% for each region DESCRIPTION OF FIRM'S FOCUS Praesidian Capital Investors, LP Jason D. Drattell, Contact 419 Park Avenue South New York, NY 10016 Phone: (212)520-2600 Fax: (212)520-2601 Email: jdrattell@praesidian.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $3,000,000 Preferred Max: $15,000,000 TYPE OF CAPITAL PROVIDED Senior and Subordinated Debt with Equity Kickers FUNDING STAGE REFERENCES Expansion, Later Stage Change of Control and Recapitalizations INDUSTRY PREFERENCE None GEOGRAPHIC PREFERENCES Continental United States DESCRIPTION OF FIRM'S FOCUS Praesidian is opportunistic in terms of financing those companies in the lower middle market that have positive EBITDA of between $3-$15 million, that have a defen- sible market position, a strong management team, & discernable growth characteristics. Rand Capital SBIC, Inc. Allen F. Grum, Jr., Contact 2200 Rand Building Buffalo, NY 14203 Phone: (716)853-0802 Fax: (716)854-8480 Email: dpenberthy@randcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Summer Street Capital Fund I, L.P. Brian D'Amico 70 West Chippewa Street Suite 500 Buffalo, NY 14202 Phone: (716)566-2900 Fax: (716)566-2910 Email: bdamico@summerstreetcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Sunrise Equity Partners, L.P. Marilyn S. Adler, Contact 641 Lexington Avenue, 25th Floor New York, NY 10022 Phone: (212)421-1616 Fax: (212)750-7277 Email: marilyna@sunrisecorp.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS The 1818 SBIC Fund, L.P. Carter Sullivan, Contact c/o Brown Brothers Harriman & Co. 140 Broadway, 2nd Floor New York, NY 10005 Phone: (212)493-7910 Fax: (212)493-8832 Email: carter.sullivan@bbh.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Triad Capital Corp. of New York (SSBIC) Robert Emerson, BCF Sr. VP 305 Seventh Avenue, 20th Floor New York, NY 10001 Phone: (212)243-7360 Fax: (212)243-7647 Email: mharrison@bcfcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $100,000 Preferred Max: $250,000 TYPE OF CAPITAL PROVIDED Debt w/Equity Features FUNDING STAGE REFERENCES Expansion INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Trumpet SBIC Partners, L.P. Marc Utay, Contact 110 East 59th Street, Suite 2100 New York, NY 10022 Phone: (212)821-0177 Fax: (212)371-7597 Email: mutay@clarion-capital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $15,000,000 Preferred Max: $50,000,000 TYPE OF CAPITAL PROVIDED Equity Debt with Equity FUNDING STAGE REFERENCES Expansion, Later Stage Acquisitions Recapitalizations Distressed Debt, Buyouts Growth Equity INDUSTRY PREFERENCE Business Services Healthcare Services Specialty Financial Services Consumer Products Media and Entertainment GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Clarion focuses on investments in companies in which there is demonstrable revenue growth potential driven by compelling econ- omic, demographic, or industry trends or company specific characteristics. Westbury Equity Partners SBIC, L.P. Richard P. Sicoli, Contact 100 Motor Parkway, Suite 165 Hauppauge, NY 11788 Phone: (631)231-4121 Fax: (631)231-8121 Email: rsicoli@westburypartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $3,000,000 Preferred Max: $9,000,000 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE REFERENCES Mid to Late Stage INDUSTRY PREFERENCE Information Technology, Training & Education Outsourcing, Specialty Manufacturing GEOGRAPHIC PREFERENCES None DESCRIPTION OF FIRM'S FOCUS Since its founding in 1995, Westbury Equity Partners has been providing value-added capital to privately owned, emerging growth companies. Westbury invests as lead investor or participant, partnering with experienced, like-minded firms. Westbury Investment Partners SBIC, L.P. Richard P. Sicoli, Contact 100 Motor Parkway, Suite 165 Hauppauge, NY 11788 Phone: (631)231-4121 Fax: (631)231-8121 Email: rsicoli@westburypartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $5,000,000 Preferred Max: $12,000,000 TYPE OF CAPITAL PROVIDED Debt Equity FUNDING STAGE REFERENCES Late Stage INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Primarily subordinated debt and limited equity investments in late-stage enterprises. North Carolina BA Capital Company, L.P. Kelly D. Brennan, Contact 100 North Tryon Street, 25th Floor NCI-007-25-02 Charlotte, NC 28255 Phone: (980)386-4710 Fax: (980)386-6432 Email: kelly.d.brennan@baml.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $40,000,000 Preferred Max: $150,000,000 TYPE OF CAPITAL PROVIDED Equity Sub. Debt w/Warrants FUNDING STAGE REFERENCES Later Stage Expansion MBO LBO Acquisition INDUSTRY PREFERENCE Healthcare, Information Technology, Media & Entertainment, Retail, Energy Telecommunications, Power Financial Services, Industrials GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Invests in middle market companies as well as smaller, higher growth firms in a broad array of industries. Provide venture & risk capital for growth financings, buyouts, acquisitions, recapitalizations & other situations requiring equity. Banc of America Capital Investors SBIC, L.P Kelly D. Brennan, Contact 100 North Tryon Street, 25th Floor NC1-007-25-02 Charlotte, NC 28255 Phone: (980)386-4710 Fax: (980)386-6432 Email: kelly.d.brennan@baml.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $40,000,000 Preferred Max: $150,000,000 TYPE OF CAPITAL PROVIDED Equity Sub. Debt w/Warrants FUNDING STAGE REFERENCES Later Stage Expansion MBO LBO Acquisition INDUSTRY PREFERENCE Healthcare, Information Technology, Media & Entertainment, Retail, Energy Telecommunications, Power Financial Services, Industrials GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Invests in middle market companies as well as small, higher growth firms in a broad array of industries. Provide venture & risk capital for growth financings, buyouts, acquisitions, recapitalizations and other situations requiring equity. BancAmerica Capital Investors SBIC II, L.P. Erick C. Christensen 100 North Tryon Street, Suite 1314 Charlotte, NC 28255 Phone: (312)828-2287 Fax: (312)923-0668 Email: erick.c.christensen@bankofamerica.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS BancBoston Ventures, Incorporated Erick C. Christensen Bank of America Corporate Center Mail Code: NC1-007-22-32 Charlotte, NC 28255-0001 Phone: (704)683-5741 Fax: (704)388-2746 Email: erick.c.christensen@bankofamerica.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $20,000,000 TYPE OF CAPITAL PROVIDED Equity Mezzanine FUNDING STAGE REFERENCES Early Stage Expansion Later Stage INDUSTRY PREFERENCE Healthcare Media Communications Information Technology Diversified GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS BB&T Capital Partners II, LLC David Townsend, Contact 101 N. Cherry Street, Suite 700 Winston-Salem, NC 27101-4019 Phone: (336)733-0355 Fax: (336)733-0349 Email: dgtownsend@bbandt.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $5,000,000 Preferred Max: $15,000,000 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE REFERENCES Buyout Acquisitions MBO Recapitalization Consolidation INDUSTRY PREFERENCE Cash flow-oriented busi- nesses w/critical mass in any industry except high tech., real estate and financial services. GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Seeks to invest in companies w/experienced management, a demonstrated need for the company's products or services, and sus- tainable competitive advantages allowing for profitable growth both organically and thru strategic acquisitions. BB&T Capital Partners, LLC David Townsend & Martin Gilmore, Mgrs. 101 N. Cherry Street, Suite 700 Winston-Salem, NC 27101-4019 Phone: (336)733-0355 Fax: (336)733-0349 Email: dgtownsend@bbandt.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS No longer seeking new investments. BB&T Capital Partners/Windsor Mezzanine Fun David Townsend 101 N. Cherry Street, Suite 700 Winston-Salem, NC 27101-4019 Phone: (336)733-0355 Fax: (336)733-0349 Email: dgtownsend@bbandt.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $5,000,000 Preferred Max: $15,000,000 TYPE OF CAPITAL PROVIDED Subordinated debt (with/with- out warrants) Equity co-invest -ments w/subordinated debt. FUNDING STAGE REFERENCES Buyout Acquisitions MBO Recapitalization Consolidation INDUSTRY PREFERENCE Cash flow-oriented busi- ness w/critical mass in any industry except high tech- nology, real estate and financial services. GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Seeks to invest in companies w/experienced management, a demonstrated need for the company's products or services, and sustainable competitive advantages allowing for profitable growth both organically and through strategic acquisitions. CapitalSouth Partners Fund I, L.P. Joseph B. Alala, III, Contact The Rotunda Building 4201 Contress Street - Suite 360 Charlotte, NC 28209- Phone: (704)376-5502 Fax: (704)376-5877 Email: jalala@capitalsouthpartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS CapitalSouth Partners Fund I, L.P. Jack McGlinn 2530 Meridian Parkway, Suite 200 Research Triangle Park Durham, NC 27713 Phone: (919)806-4590 Fax: (866)801-6581 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS CapitalSouth Partners Fund II, L.P. Jack McGlinn 2530 Meridian Parkway, Suite 200 Research Triangle Park Durham, NC 27713 Phone: (919)806-4590 Fax: (866)801-6581 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS CapitalSouth Partners Fund II, L.P. Joseph B. Alala, Contact The Rotunda Building 4201 Contress Street - Suite 360 Charlotte, NC 28209- Phone: (704)376-5502 Fax: (704)376-5877 Email: jalala@capitalsouthpartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS CapitalSouth Partners SBIC Fund III, L.P. Joseph B. Alala, Contact The Rotunda Building 4201 Contress Street - Suite 360 Charlotte, NC 28209- Phone: (704)376-5502 Fax: (704)376-5877 Email: jalala@capitalsouthpartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Frontier Fund I, L.P. Lori Shell, Contact 1111 Metropolitan Avenue Suite 1050 Charlotte, NC 28204 Phone: (704)414-2880 Fax: (704)414-2881 Email: lori@frontiercapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS North Carolina Economic Opportunities Fund, H. Dabney Smith, Contact 316 West Edenton Street, Suite 110 Raleigh, NC 27603 Phone: (919)256-5007 Fax: (919)256-5015 Email: dsmith@dogwoodequity.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $10,000,000 TYPE OF CAPITAL PROVIDED Preferred Stock FUNDING STAGE REFERENCES Buyout transactions Late Stage Growth INDUSTRY PREFERENCE Manufacturing Distribution Business Services Consumer Products GEOGRAPHIC PREFERENCES Southeastern United States DESCRIPTION OF FIRM'S FOCUS Control investments in companies that will typically have $5 million to $50 million of existing revenues and are profitable. Oberlin Capital, L.P. Robert Shepley, Manager 1330 Sunday Drive, Suite 105 Raleigh, NC 27607 Phone: (919)861-2908 Fax: (919)861-2901 Email: wgupton@greenhawkcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $750,000 Preferred Max: $150,000 TYPE OF CAPITAL PROVIDED Subordinated Debt FUNDING STAGE REFERENCES Mid to Later Stage Later Stage Acquisition MBO INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES Southeast DESCRIPTION OF FIRM'S FOCUS Provides subordinated debt for both established, profitable enterprises looking for growth capital and emerging companies with strong growth potential. Plexus Fund I, L.P. Robert Anders, Jr., Contact 200 Providence Road, Suite 210 Charlotte, NC 28207 Phone: (704)927-6246 Fax: (704)927-6255 Email: banders@plexuscap.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Plexus Fund I, L.P. 4601 Six Forks Road, Suite 528 Raleigh, NC 27609 Phone: (919)256-6341 Fax: (919)256-3650 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Plexus Fund II, L.P. 4601 Six Forks Road, Suite 528 Raleigh, NC 27609 Phone: (919)256-6342 Fax: (919)256-6350 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Plexus Fund II, L.P. Robert Anders, Jr., Contact 200 Providence Road, Suite 210 Charlotte, NC 28207 Phone: (704)927-6246 Fax: (704)927-6255 Email: banders@plexuscap.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $2,000,000 Preferred Max: $8,000,000 TYPE OF CAPITAL PROVIDED Growth, acquisition LBO, recaps FUNDING STAGE REFERENCES Later INDUSTRY PREFERENCE N/A GEOGRAPHIC PREFERENCES Southeast and Middle Atlantic DESCRIPTION OF FIRM'S FOCUS Provide growth capital to middle market companies through investments in subordinated debt and preferred equity securities. Salem Capital Partners, LP Philip Martin, Contact 112 Cambridge Plaza Drive, Suite 201 Mail: P.O. Box 24785 Winston-Salem, NC 27114-4785 Phone: (336)768-9343 Fax: (336)768-6471 Email: pmartin@salemcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED Equity Subordinated Debt FUNDING STAGE REFERENCES Expansion Later Stage No New Investments INDUSTRY PREFERENCE Manufacturing Light Industrial Services Distribution GEOGRAPHIC PREFERENCES Southeast DESCRIPTION OF FIRM'S FOCUS Provides capital for growth, expansion, acquisition, LBO, MBO to rapidly growing companies with historical or imminent positive cash flow; sales of $3-$50 million. Salem Halifax Capital Partners, L.P. Philip Martin, Contact 112 Cambridge Plaza Drive, Suite 201 Winston-Salem, NC 27114 Phone: (336)768-9343 Fax: (336)768-6471 Email: pmartin@salemcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $2,000,000 Preferred Max: $10,000,000 TYPE OF CAPITAL PROVIDED Subordinated Debt Mezzanine Equity FUNDING STAGE REFERENCES Later Stage / Expansion INDUSTRY PREFERENCE Manufacturing Light Industrial Business Services Distribution Healthcare GEOGRAPHIC PREFERENCES Southeast, Southwest Midwest, Mid-Atlantic DESCRIPTION OF FIRM'S FOCUS Provides capital for growth, expansion, acquisition, LBO, MBO to rapidly growing companies with historical positive cash flow of $1 million or more and sales of $5-$75 million. Triangle Mezzanine Fund II, LP Brent Burgess, Contact 3700 Glenwood Avenue, Suite 530 Raleigh, NC 27612 Phone: (919)719-4788 Fax: (919)719-4777 Email: bburgess@tcap.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Triangle Mezzanine Fund LLLP Brent Burgess, Contact 3700 Glenwood Avenue, Suite 530 Raleigh, NC 27612 Phone: (919)719-4788 Fax: (919)719-4777 Email: bburgess@tcap.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $5,000,000 Preferred Max: $15,000,000 TYPE OF CAPITAL PROVIDED Subordinated debt w/warrants Equity, equity co-investments, first & 2nd lien, unitranche. FUNDING STAGE REFERENCES Later stage companies needing capital for buy- outs, recapitalizations, acquisitions or growth. INDUSTRY PREFERENCE Diverse GEOGRAPHIC PREFERENCES Throughout United States DESCRIPTION OF FIRM'S FOCUS We focus on investments in lower middle market companies with a history of generating revenues and positive cash flows, an established market position, and a proven management team with a strong operating discipline. North Dakota North Dakota SBIC, L.P. John G. Cosgriff, Manager 51 Broadway, Suite 400 Fargo, ND 58102 Phone: (701)298-0003 Fax: (701)293-7819 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Ohio ACP-I, L.P. Lynn Carpenter, Contact 10 1/2 East Washington Street Chagrin Falls, OH 44022 Phone: (440)247-2800 Fax: (440)247-3060 Email: lwc@sfspartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $2,000,000 Preferred Max: $10,000,000 TYPE OF CAPITAL PROVIDED Subordinated Debt Debt with Equity Preferred Stock FUNDING STAGE REFERENCES Later Stage, Acquisition Growth, MBO Recapitalization Leveraged ESOPs Shareholders buyouts INDUSTRY PREFERENCE Diversified Niche Manufacturing Distribution, Business Serv. Professional Services Healthcare, No Real Estate GEOGRAPHIC PREFERENCES National East of the Rockies DESCRIPTION OF FIRM'S FOCUS Seeks investments in later stage manufacturing, distribution and service businesses with strong management, and predictable and recurring cash flows where revenues and EBITDA are in excess of $10 million and $1 million, respectively. Capvest Venture Fund, LP Martha Kashner, Contact 14 S. High Street P.O. Box 673 New Albany, OH 43054 Phone: (614)855-9980 Fax: (614)855-9979 Email: mkashner@capvestvc.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $200,000 Preferred Max: $500,000 TYPE OF CAPITAL PROVIDED Debt and Equity FUNDING STAGE REFERENCES Early INDUSTRY PREFERENCE Niche Manufacturing Distribution Healthcare Business Services Enabling Technology GEOGRAPHIC PREFERENCES Ohio Wisconsin Mid-West DESCRIPTION OF FIRM'S FOCUS Capvest Venture Fund, LP One West 4th Street Suite 415 Cincinnati, OH 45202 Phone: (513)721-8831 Fax: (513)639-3072 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Enterprise Ohio Investment Company (SSBIC) Janet White, Manager 8 North Main Street Dayton, OH 45402 Phone: (937)226-0457 Fax: (937)222-7035 Email: jwhite@citywidedev.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $50,000 Preferred Max: $100,000 TYPE OF CAPITAL PROVIDED Equity Loan Investments FUNDING STAGE REFERENCES Expansion Later Stage Franchise INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES Southwest Ohio DESCRIPTION OF FIRM'S FOCUS Key Equity Capital Corporation Dennis Wagner, Dir & CAO 127 Public Square, Suite 5100 Cleveland, OH 44114-1312 Phone: (216)828-8136 Fax: (216)689-3204 Email: lroot@bluepointcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: $2,000,000 TYPE OF CAPITAL PROVIDED Willing to make Equity Invs. FUNDING STAGE REFERENCES Later Stage INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS National City Equity Partners, Inc. Mary C. Ruddy, Contact 1965 East Sixth Street, Suite 1010 Cleveland, OH 44114 Phone: (216)222-2491 Fax: (216)222-9965 Email: robert.conroy@ncepi.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $5,000,000 TYPE OF CAPITAL PROVIDED Equity Subordinated Debt Debt w/Equity FUNDING STAGE REFERENCES Expansion Growth Later Stage INDUSTRY PREFERENCE Manufacturing Distribution Consumer Products Retail GEOGRAPHIC PREFERENCES Midwest DESCRIPTION OF FIRM'S FOCUS Invests subordinated debt and equity in a variety of industries throughout the Midwest. President and G.M.: William H. Schecter. Northcreek Mezzanine Fund I, L.P. Steve Touvelle, Contact 255 East 5th Street, Suite 3010 Cincinnati, OH 45202 Phone: (513)298-4137 Fax: (513)985-6603 Email: stouvelle@northcreekmezzanine.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Peppertree Capital Fund, L.P. Howard Mandel, Contact 86 West Street Chagrin Falls, OH 44022 Phone: (440)528-0330 Fax: (440)528-0334 Email: hmandel@peppertreefund.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $3,000,000 Preferred Max: $10,000,000 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE REFERENCES Later state growth equity Recapitalizations Buyouts INDUSTRY PREFERENCE Media Telecommunications Business Services GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS We seek non-technology investments in our target industries. We prefer investments with recurring revenue, non-IPO exit strategies and asset protection (e.g., FCC licenses) on the downside. River Cities SBIC III, L.P. Edwin T. Robinson, Contact 221 East Fourth Street, Suite 2400 Cincinnati, OH 45202 Phone: (513)621-9700 Fax: (513)579-8939 Email: trobinson@rccf.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $3,000,000 Preferred Max: $7,500,000 TYPE OF CAPITAL PROVIDED Preferred Equity FUNDING STAGE REFERENCES Expansion INDUSTRY PREFERENCE Healthcare or Information Technology GEOGRAPHIC PREFERENCES Midwest and Southwest DESCRIPTION OF FIRM'S FOCUS Stonehenge Opportunity Fund II, L.P. Peter Davies, Principal 191 West Nationwide Blvd., Suite 600 Columbus, OH 43215- Phone: (614)246-2406 Fax: (614)246-2589 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Stonehenge Opportunity Fund II, L.P. B. Michael Affinito, Contact 191 West Nationwide Blvd., Suite 600 Columbus, OH 43215 Phone: (614)246-2500 Fax: (614)246-2582 Email: bmaffinito@stonehengepartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $3,000,000 Preferred Max: $15,000,000 TYPE OF CAPITAL PROVIDED Subordinated Debt Non-Control Equity Control Equity FUNDING STAGE REFERENCES Management leveraged buyouts Acquisitions Recapitalizations Growth INDUSTRY PREFERENCE Manufacturing Distribution Business Services Health Care Companies GEOGRAPHIC PREFERENCES Midwest United States investment focus with national scope. DESCRIPTION OF FIRM'S FOCUS Private Equity firm focused on investing mezzanine and structured equity capital in quality, middle-market companies located throughout the United States. Stonehenge Opportunity Fund III, L.P. Peter G. Davies, Contact 191 West Nationwide Blvd., Suite 600 Columbus, OH 43215 Phone: (614)246-2500 Fax: (614)246-2431 Email: pgdavies@stonehengepartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Stonehenge Opportunity Fund III-B, L.P. Peter G. Davies, Contact 191 West Nationwide Blvd., Suite 600 Columbus, OH 43215 Phone: (614)246-2500 Fax: (614)246-2431 Email: pgdavies@stonehengepartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Triathlon Medical Ventures Fund LP Suzette L. Dutch, Contact 250 East 5th Street 1100 Chiquita Center Cincinnati, OH 45202 Phone: (513)723-2618 Fax: (513)723-2615 Email: sdutch@tmvp.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Oklahoma Council Oak Investment Corporation William O. Johnstone - Manager 101 North Broadway Suite 400 Oklahoma City, OK 73102 Phone: (405)218-4696 Fax: (405)218-4672 Email: j7317@aol.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $10,000,000 TYPE OF CAPITAL PROVIDED Loans Equity FUNDING STAGE REFERENCES Early Stage Expansion INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES Oklahoma DESCRIPTION OF FIRM'S FOCUS First United Venture Capital Corporation Bert Davison, Sr. Vice President P.O. Box 19100 Oklahoma City, OK 73144- Phone: (405)636-4500 Fax: (405)636-4572 Email: bertd@firstunitedbank.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $500,000 Preferred Max: $1,000,000 TYPE OF CAPITAL PROVIDED Equity & Debt FUNDING STAGE REFERENCES Early Stage and Growth No Seed Money Investments INDUSTRY PREFERENCE Most Industries Considered No High-Tech or Life Sciences GEOGRAPHIC PREFERENCES Oklahoma and North Texas DESCRIPTION OF FIRM'S FOCUS Pennsylvania Argosy Investment Partners II, L.P. Kirk B. Griswold, Manager 950 West Valley Road, Suite 2900 Wayne, PA 19087 Phone: (610)971-9685 Fax: (610)964-9524 Email: kirk@argosycapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED Mezzanine & Equity FUNDING STAGE REFERENCES Later, Buyouts, Recaps INDUSTRY PREFERENCE Manufacturing & Service companies GEOGRAPHIC PREFERENCES Eastern United States DESCRIPTION OF FIRM'S FOCUS Argosy II is fully invested and invested both mezzanine and equity in lower middle market companies across a broad range of industries. Argosy Investment Partners III, L.P. Michael Bailey, Manager 950 West Valley Road, Suite 2900 Wayne, PA 19087 Phone: (610)971-9685 Fax: (610)964-9524 Email: michael@argosycapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED Mezzanine & Equity FUNDING STAGE REFERENCES Later, Buyouts, Recaps INDUSTRY PREFERENCE Manufacturing & Service companies GEOGRAPHIC PREFERENCES Eastern United States DESCRIPTION OF FIRM'S FOCUS Argosy III is fully invested and invested both mezzanine and equity in lower middle market companies across a broad range of industries. Argosy Investment Partners IV, L.P. Kirk B. Griswold, Manager 950 West Valley Road, Suite 2900 Wayne, PA 19087 Phone: (610)971-8685 Fax: (610)964-9524 Email: kirk@argosycapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $3,000,000 Preferred Max: $9,000,000 TYPE OF CAPITAL PROVIDED Mezzanine & Equity FUNDING STAGE REFERENCES Buyouts, Later-stage Recaps INDUSTRY PREFERENCE Engineered Materials, Industrial Electronics, Industrial Manufacturing, Industrial Services, Aviation, Services, Busi. Franchising. GEOGRAPHIC PREFERENCES United States (with an eastern preference). DESCRIPTION OF FIRM'S FOCUS Argosy IV invests in mezzanine and equity in companies with minimum revenue of $15 million and positive cash flow. Use of funds include buyouts, acquisitions, and expansion. Argosy Investment Partners, L.P. John P. Kirwin, Manager 950 West Valley Road, Suite 2900 Wayne, PA 19087 Phone: (610)971-9685 Fax: (610)964-9524 Email: kirk@argosycapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED Mezzanine & Equity FUNDING STAGE REFERENCES Later Stage LBO Recapitalization INDUSTRY PREFERENCE Manufacturing Distribution Services GEOGRAPHIC PREFERENCES Eastern United States DESCRIPTION OF FIRM'S FOCUS Argosy I is fully invested and invested both mezzanine and equity in lower middle market companies across a broad range of industries. Boathouse Capital LP Kenneth E. Jones, Contact 200 West Lancaster Avenue, Suite 206 Wayne, PA 19087 Phone: (610)977-2787 Fax: (610)688-3410 Email: ken.jones@boathousecapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $2,000,000 Preferred Max: $15,000,000 TYPE OF CAPITAL PROVIDED Mezz. loans of 5-7 yrs in dur- ation & equity co-investments alongside the mezz. loans. FUNDING STAGE REFERENCES EBITDA positive of least $2,000,000. INDUSTRY PREFERENCE None, we're generalist investors. GEOGRAPHIC PREFERENCES Nationwide DESCRIPTION OF FIRM'S FOCUS Good lower middle market companies who have a niche or a strong reason to exist. CIP Capital L.P. Bobby Yablunksy 1200 Liberty Ridge Drive Suite 300 Wayne, PA 19087 Phone: (610)964-7875 Fax: (610)964-8136 Email: byablu01@scppartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $250,000 Preferred Max: $1,000,000 TYPE OF CAPITAL PROVIDED Equity Debt FUNDING STAGE REFERENCES Expansion Later Stage INDUSTRY PREFERENCE Life Sciences Communications Financial Services GEOGRAPHIC PREFERENCES East Coast DESCRIPTION OF FIRM'S FOCUS GIV Venture Partners, L.P. William Melton 150 N. Radnor Chester Rd Suite F-200 Radnor, PA 19087- Phone: (302)239-9302 Fax: (302)239-9322 Email: bill@givinc.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $500,000 Preferred Max: $2,000,000 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE REFERENCES Early Stage Expansion INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES Mid-Atlantic DESCRIPTION OF FIRM'S FOCUS Opportunities to create substantial efficiencies by the application of technology and niche opportunities created at the junctures between evolving technologies. Lancet Capital Health Ventures, L.P. William Golden, Manager 100 Technology Drive Suite 200 Pittsburgh, PA 15219 Phone: (412)402-9950 Fax: (412)452-9481 Email: wgolden@lancetcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $100,000 Preferred Max: $2,500,000 TYPE OF CAPITAL PROVIDED Private Equity FUNDING STAGE REFERENCES Seed Early Stage INDUSTRY PREFERENCE Biomedical GEOGRAPHIC PREFERENCES Northeast US DESCRIPTION OF FIRM'S FOCUS Invest primarily in medical device, drug discovery, bioinformatics companies. Liberty Ventures II, L.P. Thomas R. Morse, Contact Ext. 24 Two Commerce Square 2001 Market Street, Suite 3820 Philadelphia, PA 19103 Phone: (267)861-5692 Fax: (267)861-5696 Email: mhahn@libertyvp.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Meridian Venture Partners II, L.P. Robert E. Brown, Jr., Contact 201 King of Prussia Road Suite 240 Radnor, PA 19087 Phone: (610)254-2999 Fax: (610)254-2996 Email: rbroderick@meridian-venture.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $5,000,000 Preferred Max: $10,000,000 TYPE OF CAPITAL PROVIDED Buyout and growth equity FUNDING STAGE REFERENCES Later stage INDUSTRY PREFERENCE Diversified: including aviation, manufacturing, healthcare, business services and specialty retail GEOGRAPHIC PREFERENCES Eastern and Central Time Zones DESCRIPTION OF FIRM'S FOCUS Lower-middle-market companies with exceptional growth potential. Merion Investment Partners II, L.P. Gayle G. Hughes, Contact 555 Lancaster Avenue Suite 500 Radnor, PA 19087- Phone: (610)992-5880 Fax: (610)945-1654 Email: ghughes@merionpartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $3,000,000 Preferred Max: $10,000,000 TYPE OF CAPITAL PROVIDED Subordinated debt w/warrants PIK interest or Equity co-invest FUNDING STAGE REFERENCES Capital for growth and change of control. INDUSTRY PREFERENCE Business services Specialty manufacturing Technology and Healthcare products and services. GEOGRAPHIC PREFERENCES United States DESCRIPTION OF FIRM'S FOCUS Merion works with both private and equity groups as well as entrepreneurs to finance acquisitions, organic growth and change of control. Merion Investment Partners, L.P. William M. Means, Contact 555 Lancaster Avenue Suite 500 Radnor, PA 19087- Phone: (610)992-5880 Fax: (610)945-1654 Email: ghughes@merionpartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $3,000,000 Preferred Max: $10,000,000 TYPE OF CAPITAL PROVIDED Subordinated Debt w/warrants PIK interest or Equity co-invest FUNDING STAGE REFERENCES Capital for growth and change of control INDUSTRY PREFERENCE Business services Specialty manufacturing Technology and Healthcare products and services. GEOGRAPHIC PREFERENCES United States DESCRIPTION OF FIRM'S FOCUS Merion works with both private equity groups as well as entrepreneurs to finance acquisitions, organic growth and change of control. NewSpring Mezzanine Capital, L.P. Marc Lederman, Contact Radnor Financial Center 555 E. Lancaster Ave, Suite 520 Radnor, PA 19087 Phone: (610)567-2380 Fax: (610)567-2388 Email: marc@newspringventures.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $5,000,000 Preferred Max: $10,000,000 TYPE OF CAPITAL PROVIDED Subordinate Debt w/warrants Equity Loans FUNDING STAGE REFERENCES Primarily Growth and Expansion Financing Recapitalizations Buyout Financing INDUSTRY PREFERENCE Late-stage technology Business services Specialty manufacturing Healthcare services in the lower middle market. GEOGRAPHIC PREFERENCES East Coast Primarily Mid-Atlantic Region DESCRIPTION OF FIRM'S FOCUS NewSpring Mezzanine leverages the NewSpring family of private equity funds and partner relationships to source and underwrite both sponsored and unsponsored transactions ac- ross diversified industries and economic cycles. NewSpring Ventures, L.P. Michael DiPiano, Managing G P Radnor Financial Center 555 E. Lancaster Ave, Suite 520 Radnor, PA 19087 Phone: (610)567-2387 Fax: (610)567-2388 Email: marc@newspringventures.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Select Capital Ventures I, L.P. Debra Hellyer, Contact 4718 Old Gettysburg Road, Suite 405 Mechanicsburg, PA 17055 Phone: (717)972-1304 Fax: (717)972-1050 Email: dhellyer@samtrust.net INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Puerto Rico North America Investment Corporation (SSBIC) Marcelino Pastrana Torres, President P.O. Box 191831 San Juan, PR 00919-1831 Phone: (787)754-6178 Fax: (787)754-6181 Email: namerica.naic@gmail.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $50,000 Preferred Max: $150,000 TYPE OF CAPITAL PROVIDED Secured Loans FUNDING STAGE REFERENCES Expansion INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES Only Puerto Rico DESCRIPTION OF FIRM'S FOCUS To help small business concerns, mainly in expansion state, through secured loans. Puerto Rico Entrepreneurs Fund, L.P. Abdon G. Ruiz, Contact c/o/ Miradero Capital Partners, Inc. 400 Calaf Street, Suite #25 San Juan, PR 00918-1314 Phone: (787)378-0637 Fax: (787)622-4263 Email: zmendez@miraderocapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Rhode Island BCA Mezzanine Fund, L.P. Gregory F. Mulligan, Managing Member One Turks Head Place Suite 1492 Providence, RI 02903 Phone: (401)228-3834 Fax: (401)228-3835 Email: Greg@baycapllc.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Domestic Capital Corp. Joseph LaPlume 815 Reservoir Avenue Cranston, RI 02910 Phone: (401)943-1600 Email: Jlaplume@domestic.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $300,000 TYPE OF CAPITAL PROVIDED Loans FUNDING STAGE REFERENCES Expansion INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES Regional DESCRIPTION OF FIRM'S FOCUS Fleet Equity Partners VI, L.P. Ed Resnick, Sr. Portfolio Administrator Mail Stop: RI MO F12C 50 Kennedy Plaza, 12th Floor Providence, RI 02903 Phone: (401)278-6809 Fax: (401)278-6387 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $10,000,000 Preferred Max: $20,000,000 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE REFERENCES Leverage Buyouts Expansion INDUSTRY PREFERENCE Media/Information Communications Healthcare Consumer Manufacturing/Business Services GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Private equity firm specializing in telecommunications services, media & information, healthcare services industrial mfg., business services & consumer products and services. Also invests in other private equity funds. Fleet Venture Resources, Inc. Ed Resnick, Sr. Portfolio Administrator 50 Kennedy Plaza, 12th Floor Providence, RI 02903 Phone: (401)278-6809 Fax: (401)278-6387 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $5,000,000 Preferred Max: $15,000,000 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE REFERENCES Leverage Buyouts Expansion INDUSTRY PREFERENCE Media Communications Healthcare Printing Manufacturing GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS South Dakota Bluestem Capital Partners III, L.P. Sandy Horst, Contact 122 S. Phillips Ave. Suite 300 Sioux Falls, SD 57104 Phone: (605)331-0091 Fax: (605)334-1218 Email: shorst@bluestemcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $500,000 Preferred Max: $4,000,000 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE REFERENCES Early Stage Later Stage INDUSTRY PREFERENCE No preference GEOGRAPHIC PREFERENCES Midwest DESCRIPTION OF FIRM'S FOCUS Invests in mostly mid to late stage, basic industry private equity projects. Looks for proven entrepreneurs operating in their area of expertise with a product that has a niche or some type of sustainable advantage. Tennessee Harbert Mezzanine Partners II SBIC, L.P. Pryor Smartt, Contact 618 Church Street, Suite 500 Nashville, TN 37219- Phone: (615)301-6395 Fax: (615)301-6401 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Harbinger Mezzanine Partners, L.P. Pryor Smartt, Contact 618 Church Street, Suite 500 Nashville, TN 37219- Phone: (615)301-6395 Fax: (615)301-6401 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Morgan Keegan Mezzanine Fund, L.P. William J. Nutter, Contact 30 Burton Hills Blvd., Suite 500 Nashville, TN 37215 Phone: (615)665-3636 Fax: (615)665-3670 Email: bill.nutter@morgankeegan.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $2,000,000 Preferred Max: $5,000,000 TYPE OF CAPITAL PROVIDED Subordinated Debt Equity Loans FUNDING STAGE REFERENCES Expansion Late Stage MBO LBO Acquisition INDUSTRY PREFERENCE Healthcare Manufacturing Service GEOGRAPHIC PREFERENCES Southeast Mid-Atlantic Midwest Southwest DESCRIPTION OF FIRM'S FOCUS Provides growth and acquisition capital in the form of mezzanine financing to companies with annual revenues of at least $10 million that can service debt with cash flow generated from operations. Petra Growth Fund II, L.P. Robert A. Smith, Contact 3825 Bedford Avenue Suite 101 Nashville, TN 37215 Phone: (615)313-5999 Fax: (615)313-5990 Email: ras@petracapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Petra Growth Fund, L.P. Michael Blackburn, Robert A. Smith 3825 Bedford Avenue Suite 101 Nashville, TN 37215 Phone: (615)313-5999 Fax: (615)313-5990 Email: ras@petracapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Pharos Capital Partners II, L.P. Kneeland Youngblood, Contact 1 Burton Hills Boulevard Suite 180 Nashville, TN 37215 Phone: (615)234-5522 Fax: (615)263-0234 Email: jgoldberg@pharosfunds.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Texas BA Capital Company, L.P. Doug Williamson, Sr. Vice President 901 Main Street, 22nd Floor Dallas, TX 75202 Phone: (214)508-0900 Fax: (214)508-0985 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Blue Sage Capital, L.P. Peter Huff, Contact 114 West 7th Street, Suite 820 Austin, TX 78701 Phone: (512)536-1900 Fax: (512)236-9215 Email: peter.huff@bluesage.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $3,000,000 Preferred Max: $10,000,000 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES Later stage - small- mid market. INDUSTRY PREFERENCE Revenue size: $5 mil to $100 mil $10 to $100 mil enterprise value GEOGRAPHIC PREFERENCES Texas New Mexico Oklahoma Arkansas Louisiana DESCRIPTION OF FIRM'S FOCUS Manufacturers, distributions, and services. C3 Capital Partners II, L.P. 2100 McKinney Avenue, Suite 1550 Dallas, TX 75201 Phone: (214)292-2000 Fax: (214)292-2007 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Capital Southwest Venture Corp. Gary Martin, President 12900 Preston Road, Suite 700 Dallas, TX 75230 Phone: (972)233-8242 Fax: (972)233-7362 Email: gmartin@capitalsouthwest.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $6,000,000 TYPE OF CAPITAL PROVIDED Prefer Equity-Type Investments Subordinated Debt FUNDING STAGE REFERENCES Early Expansion Later Stages MBO INDUSTRY PREFERENCE Manufacturing Retail Technology No Real Estate or Banking Medical/Health GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Capital Southwest has the flexibility to hold investments indefinitely, which has provided its managers a stable ownership platform since its founding in 1961. For more info., visit the company's website @ www.capitalsouthwest.com. Catalyst Fund, Ltd. (The) Richard L. Herrman, Manager P.O. Box 2156 Fort Davis, TX 79734- Phone: (713)623-8133 Fax: (713)623-0473 Email: rherrman@catalysthall.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $2,500,000 TYPE OF CAPITAL PROVIDED Subordinated Debt Equity FUNDING STAGE REFERENCES Acquisition MBO Second Stage Third Stage Expansion INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Expansion or transaction financing to companies with revenues greater than $5 million and profitable. Working with affiliates, fundings up to $10 million available. Catalyst/Amegy Mezzanine Capital, L.P. Ronald Nixon and Richard Herrman, Mgrs. P.O. Box 2156 Fort Davis, TX 79734- Phone: (713)623-8133 Fax: (713)623-0473 Email: rherrman@catalysthall.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $500,000 Preferred Max: $1,000,000 TYPE OF CAPITAL PROVIDED Subordinated Debt Equity FUNDING STAGE REFERENCES Acquisition MBO Second Stage Third Stage Expansion INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Expansion or transaction financing to companies with revenues greater than $5 million and profitable. Working with affiliates, fundings up to $10 million available. Escalate Capital Partners SBIC I, L.P. Tony Schell, Contact 300 West 6th Street, Suite 2250 Austin, TX 78701 Phone: (512)651-2105 Fax: (512)651-2101 Email: tony@escalatecapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS First Capital Group of Texas III, L.P. Jeffrey P. Blanchard, Contact 750 E. Mulberry, Suite 305 San Antonio, TX 78212 Phone: (210)736-4233 Fax: (210)736-5449 Email: jpblanchard@firstcapitalgroup.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $5,000,000 Preferred Max: $7,500,000 TYPE OF CAPITAL PROVIDED Equity-linked debt Senior Preferred Stock FUNDING STAGE REFERENCES Expansion- and Later-Stage Companies Minimum annual revenue of $15 million. INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES Texas and Southwest. DESCRIPTION OF FIRM'S FOCUS Provider of growth capital to companies at the lower end of the middle market. Independent Bankers Capital Fund II, L.P. Tom Hoyt, Contact 1700 Pacific Avenue, Suite 2740 Dallas, TX 75201 Phone: (214)722-6200 Fax: (214)722-6220 Email: thoyt@ibcfund.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $3,000,000 Preferred Max: $5,000,000 TYPE OF CAPITAL PROVIDED Mezzanine Equity FUNDING STAGE REFERENCES Expansion: 25% Later: 50% Change of control: 25% INDUSTRY PREFERENCE Diversified: no industry with more than 25% of the portfolio GEOGRAPHIC PREFERENCES Texas >70% Southwest <30% DESCRIPTION OF FIRM'S FOCUS Revenue: up to $10M EBITDA: up to $2M Independent Bankers Capital Fund, L.P. Barry Conrad, Tom Hoyt, Contacts 1700 Pacific Avenue, Suite 2740 Dallas, TX 75201 Phone: (214)722-6200 Fax: (214)722-6220 Email: mtaylor@independentbankerscap.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $2,000,000 Preferred Max: $5,000,000 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE REFERENCES Later-stage growth Acquisition and expansion INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES Texas Southwest DESCRIPTION OF FIRM'S FOCUS Investment strategy focused upon financings of lower-middle-market companies with proven operating histories located within the Southwestern United States. Main Street Capital II, LP Todd Reppert, Contact 1300 Post Oak Boulevard, Suite 800 Houston, TX 77056 Phone: (713)350-6029 Fax: (713)350-6042 Email: RStout@MainStCapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $2,000,000 Preferred Max: $15,000,000 TYPE OF CAPITAL PROVIDED Loans Equity FUNDING STAGE REFERENCES Expansion Buyout Recapitalization INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES Southwest, Gulf Coast DESCRIPTION OF FIRM'S FOCUS Expansion or Transaction Financing. Main Street Mezzanine Fund, L.P. Todd A. Reppert, Contact 1300 Post Oak Boulevard, Suite 800 Houston, TX 77056 Phone: (713)350-6029 Fax: (713)350-6042 Email: RStout@MainStCapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $2,000,000 Preferred Max: $15,000,000 TYPE OF CAPITAL PROVIDED Loans Equity FUNDING STAGE REFERENCES Expansion Buyout Recapitalization INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES Southwest, Gulf Coast DESCRIPTION OF FIRM'S FOCUS Expansion or Transaction Financing. North Texas MESBIC, Inc. (SSBIC) Allan Lee, President 9720 Skillman Street Dallas, TX 75243-5150 Phone: (214)348-8088 Fax: (214)348-8081 Email: NTM168@aol.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $150,000 Preferred Max: $250,000 TYPE OF CAPITAL PROVIDED Loans FUNDING STAGE REFERENCES Early Stage Expansion INDUSTRY PREFERENCE Retail Wholesalers Distributors GEOGRAPHIC PREFERENCES State of Texas DESCRIPTION OF FIRM'S FOCUS PMC Investment Corporation (SSBIC) Lance B. Rosemore, President 17950 Preston Road Suite 600 Dallas, TX 75252 Phone: (972)349-3200 Fax: (972)349-3265 Email: sbic@pmctrust.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $3,000,000 TYPE OF CAPITAL PROVIDED Secure Lender FUNDING STAGE REFERENCES All Stages including Start-Ups INDUSTRY PREFERENCE Diversified Specializing in Motel & Franchise GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Stratford Equity Partners, L.P. David Knickel, Manager 200 Crescent Court, Suite 1600 Dallas, TX 75201 Phone: (214)740-7300 Fax: (214)720-7888 Email: lthompson@hmcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED N/A FUNDING STAGE REFERENCES N/A INDUSTRY PREFERENCE N/A GEOGRAPHIC PREFERENCES N/A DESCRIPTION OF FIRM'S FOCUS Currently in liquidation. No future investments. SunTx Fulcrum Fund II - SBIC, L.P. Ned N. Fleming, Contact Two Lincoln Centre 5420 LBJ Freeway, Suite 1000 Dallas, TX 75240 Phone: (972)663-8900 Fax: (972)661-9981 Email: tkelly@suntx.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED Equity Capital Investments FUNDING STAGE REFERENCES 30% - development stage 30% - growth stage 30% - expansion stage 10% - turnaround stage INDUSTRY PREFERENCE $3 million to $6 million GEOGRAPHIC PREFERENCES Sunbelt region - Alabama, Arkansas, Arizona Georgia, Kentucky New Mexico Louisiana, Florida DESCRIPTION OF FIRM'S FOCUS manufacturing, distribution and services Toronto Dominion Capital (U.S.A.), Inc. Martha L. Gariepy, Vice President TD Capital (USA), Inc. 909 Fannin , Suite 1950 Houston, TX 77010 Phone: (713)653-8225 Fax: (713)652-2647 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Toronto Dominion Capital (U.S.A.), Inc. Martha Gariepy, Contact 909 Fannin, Suite 1950 Houston, TX 77010 Fax: (713)652-2647 Email: Martha.Gariepy@TDCapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED Equity Subordinated Debt Debt FUNDING STAGE REFERENCES Expansion Later Stage MBO Acquisitions INDUSTRY PREFERENCE Telecommunications Healthcare Energy Forest Products Media GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Extensive experience in the media and communications industries complemented by the knowledge base and resources of other industry groups such as healthcare, energy, and forest products. Valesco Commerce Street Capital, L.P. Daniel H. Moore, Contact 325 North St. Paul, Suite 3200 Dallas, TX 75201 Phone: (214)880-8690 Fax: (214)880-8646 Email: bmoore@valescoind.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Western Financial Capital Corporation Lance B. Rosemore, President 17950 Preston Road Suite 600 Dallas, TX 75252 Phone: (972)349-3200 Fax: (972)349-3265 Email: sbic@pmctrust.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $3,000,000 TYPE OF CAPITAL PROVIDED Secure Lender FUNDING STAGE REFERENCES All Stages including Start-Ups INDUSTRY PREFERENCE Diversified Specializing in Motel & Franchise GEOGRAPHIC PREFERENCES National DESCRIPTION OF FIRM'S FOCUS Utah EPIC Venture Fund IV, LLC Todd J. Stevens, Contact 1 South Main Street, 8th Floor Salt Lake City, UT 84133 Phone: (801)524-8939 Fax: (801)524-8941 Email: ryan@epicvc.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Peterson Partners III, L.P. Rick Stratford, Contact 2825 E. Cottonwood Parkway Suite 400 Salt Lake City, UT 84121 Phone: (801)365-0180 Fax: (801)365-0181 Email: rick@petersonpartnerslp.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Utah Ventures III, L.P. James C. Dreyfous, Contact 2755 E. Cottonwood Parkway Suite 520 Salt Lake City, UT 84121 Phone: (801)365-0262 Fax: (801)365-0233 Email: jaquie@pelionvp.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $3,000,000 Preferred Max: $10,000,000 TYPE OF CAPITAL PROVIDED Equity Bridge loans FUNDING STAGE REFERENCES Early Stage INDUSTRY PREFERENCE Software, SAS Digital Media Networking/ Telecomm Security Medical Devices GEOGRAPHIC PREFERENCES Utah Mountain West California DESCRIPTION OF FIRM'S FOCUS Find and help develop early state high growth companies in software, services, networking, security, digital media, infrastructure, telecommunications and medical devices. UTFC Financing Solutions, LLC Scott Stenberg, Managing Director 699 East South Temple, Suite 220 Salt Lake City, UT 84102 Phone: (801)741-5200 Fax: (801)741-4249 Email: scott@innoventures.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS UTFC Financing Solutions is no longer making new investments. UTFC Fund II, LLC Scott Stenberg, Managing Director 699 East South Temple, Suite 220 Salt Lake City, UT 84102 Phone: (801)741-4200 Fax: (801)741-4249 Email: scott@innoventures.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $100,000 Preferred Max: $500,000 TYPE OF CAPITAL PROVIDED Debt FUNDING STAGE REFERENCES Early growth INDUSTRY PREFERENCE Technology and service GEOGRAPHIC PREFERENCES Utah and surrounding states DESCRIPTION OF FIRM'S FOCUS Companies that have seen an acceptance of their product and need working capital to continue to grow sales. UV Partners IV Financial Institutions Fund, James Dreyfous, Contact 2755 East Cottonwood Parkway, Suite 520 Salt Lake City, UT 84121 Phone: (801)365-3262 Fax: (801)365-0233 Email: jaquie@uvpartners.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS vSpring III D, L.P. David Anderson, Contact 2795 E. Cottonwood Parkway, Suite 360 Salt Lake City, UT 84121 Phone: (801)942-8999 Fax: (801)942-1636 Email: David@vspring.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS vSpring SBIC, L.P. Dinesh Patel, Contact 2795 E. Cottonwood Parkway, Suite 360 Salt Lake City, UT 84121 Phone: (801)942-8999 Fax: (801)942-1636 Email: David@vspring.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Wasatch Venture Corporation Todd J. Stevens, Secretary 1 South Main Street, 8th Floor Salt Lake City, UT 84133 Phone: (801)524-8939 Fax: (801)524-8941 Email: ryan@epicvc.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $500,000 Preferred Max: $1,000,000 TYPE OF CAPITAL PROVIDED Debt Equity FUNDING STAGE REFERENCES Early Stage Growth Stage INDUSTRY PREFERENCE High Technology Computer Internet Communications GEOGRAPHIC PREFERENCES Midwest West DESCRIPTION OF FIRM'S FOCUS Early stage, technology based investor. Wasatch Venture Fund II, LLC Todd Stevens, Manager 1 South Main Street, 8th Floor Salt Lake City, UT 84133 Phone: (801)524-8936 Fax: (801)524-8941 Email: ryan@epicvc.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: Preferred Max: TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Wasatch Venture Fund III, L.L.C. Todd J. Stevens 1 South Main Street, 8th Floor Salt Lake City, UT 84133 Phone: (801)524-8939 Fax: (801)524-8941 Email: ryan@epicvc.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Zions SBIC, L.L.C. Todd J. Stevens, Contact 1 South Main Street, Suite 1660 Salt Lake City, UT 84133 Phone: (801)524-8939 Fax: (801)524-8941 Email: ryan@epicvc.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Vermont North Atlantic Venture Fund II, L.P. Gregory B. Peters, Vice President 76 St. Paul Street, Suite 600 Burlington, VT 05401 Phone: (802)658-7820 Fax: (802)658-5757 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Virginia BIA Digital Partners SBIC II LP Lloyd Sams, Contact 15120 Enterprise Court, Suite 200 Chantilly, VA 20151 Phone: (703)227-9600 Fax: (703)227-9645 Email: lsams@bia.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS BIA Digital Partners, L.P. Lloyd R. Sams, Contact 15120 Enterprise Court, Suite 200 Chantilly, VA 20151 Phone: (703)227-9600 Fax: (703)227-9645 Email: lsams@bia.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $5,000,000 Preferred Max: $25,000,000 TYPE OF CAPITAL PROVIDED Subordinated debt w/warrants Preferred equity FUNDING STAGE REFERENCES Mid to late stage INDUSTRY PREFERENCE Media and entertainment Education, Telecom Information and Business Services GEOGRAPHIC PREFERENCES United States DESCRIPTION OF FIRM'S FOCUS BIA Digital Partners is a private investment firm, making both debt/equity investments in middle market companies serving the media & entertainment, telecommunications, & infor- mation and business services industries. GIV Venture Partners, L.P. 10790 Parkridge Blvd 300 Reston, VA 20191 INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Gladstone SSBIC Corporation (SSBIC) Gresford Gray, CFO 1521 Westbranch Drive, Suite 200 McLean, VA 22102 Phone: (703)287-5800 Fax: (703)287-5801 Email: gresford.gray@gladstonecompanies.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $250,000 Preferred Max: $1,000,000 TYPE OF CAPITAL PROVIDED Loans Equity FUNDING STAGE REFERENCES Early Stage Expansion Later Stage INDUSTRY PREFERENCE Diversified GEOGRAPHIC PREFERENCES North South Midwest DESCRIPTION OF FIRM'S FOCUS Solutions Capital I, L.P. Andrew Jacobson, Contact 1100 Wilson Boulevard, Suite 3000 Arlington, VA 22209 Phone: (703)247-7527 Fax: (866)445-7074 Email: ajacobson@mcgcapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $5,000,000 Preferred Max: $19,500,000 TYPE OF CAPITAL PROVIDED Debt in support of buyouts and recapitalizations FUNDING STAGE REFERENCES Late Stage INDUSTRY PREFERENCE Diverse GEOGRAPHIC PREFERENCES United States DESCRIPTION OF FIRM'S FOCUS Experience in light manufacturing, business services, recurring revenue industries, software, media, information services, education, healthcare, telecom. Virginia Capital SBIC, L.P. Frederick Russell & Tom Deardorff, Mgrs. 1801 Libbie Avenue, Suite 201 Richmond, VA 23226 Phone: (804)648-4802 Fax: (804)648-4809 Email: fred@vacapital.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $1,000,000 Preferred Max: $4,000,000 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE REFERENCES Growth INDUSTRY PREFERENCE Health care, media, communications, insurance, and other business and consumer services. GEOGRAPHIC PREFERENCES Southeastern U.S. DESCRIPTION OF FIRM'S FOCUS www.vacapital.com/inv_type Washington Bancshares Capital, L.P. John E. Thoresen, Contact 16118 72nd Ave W. Edmonds, WA 98026 Phone: (206)948-1195 Fax: (425)424-0809 Email: bancshares_lp@msn.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Integra Ventures III, L.P. Tim T. Black, Contact 300 E. Pine, 2nd Floor Seattle, WA 98122 Phone: (206)832-1990 Fax: (206)832-1991 Email: Black@IntegraVentures.net INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $500,000 Preferred Max: $2,000,000 TYPE OF CAPITAL PROVIDED Equity FUNDING STAGE REFERENCES Series A-B INDUSTRY PREFERENCE Healthcare Life Science Med Device GEOGRAPHIC PREFERENCES Western United States DESCRIPTION OF FIRM'S FOCUS West Virginia Mountaineer Capital, L.P. Patrick A. Bond, Contact 107 Capitol Street, Suite 300 Charleston, WV 25301 Phone: (304)347-7521 Fax: (304)347-0072 Email: angi@mtncap.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $0 Preferred Max: $0 TYPE OF CAPITAL PROVIDED FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS Wisconsin M & I Ventures, L.L.C. Sharon R. Jardas, Contact 770 N. Water Street Milwaukee, WI 53202 Phone: (414)765-8116 Fax: (414)765-8097 Email: sharon.jardas@micorp.com INVESTMENT CRITERIA INVESTMENT SIZE RANGE Preferred Min: $2,000,000 Preferred Max: $3,000,000 TYPE OF CAPITAL PROVIDED Fully Invested FUNDING STAGE REFERENCES INDUSTRY PREFERENCE GEOGRAPHIC PREFERENCES DESCRIPTION OF FIRM'S FOCUS