Portfolio

The testimonials of current or past portfolio company executives are provided as illustrative examples and designed to demonstrate the benefits to portfolio companies of partnering with us. These testimonials are primarily aimed at prospective portfolio companies and not intended to solicit investors. The portfolio companies covered in these testimonials do not represent all portfolio company investments we have made. The experiences highlighted in these testimonials are solely those of the executives profiled in these testimonials and may not necessarily represent or be indicative of the current, past or future experiences of other portfolio companies. Past results and experiences discussed in these testimonials are not indicative, or a guarantee of future results and experiences. We have not provided cash or other type of compensation in exchange for receiving these testimonials. We do not believe there are typically any material conflicts associated with providing these testimonials. The compensation of our portfolio company executives is primarily driven by the performance of their respective portfolio companies and any discretion we exercise in such compensation determinations is not influenced by whether an executive has provided a favorable testimonial. Additionally, the economic interests of our portfolio companies’ executives are generally well-aligned with ours and those of our investors. Nevertheless, the fact that these testimonials have been provided by individuals whose compensation we exercise a certain level of control over may incentivize them to provide favorable evaluations of their experiences working with us.