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ADW Capital Partners, L.P. 1st Quarter and 2015 YTD Performance Report " 2) Gross Return Dow Jones 4/20/2015 2015 Inception Average 01 To Date Annual Return 17.54% 0.31% 92.30% I 16.63% NASDAQ 3.79% (1) The table above reflects the p
t his new company, IDT, into a large media/telecommunications business with successful sales of assets he built from scratch to the likes of ATT and John Malone. Howard deployed some of this cash into additional intellectual property / venture ideas but also grew the business into an "Amazon style" incubato
tion To Date Average Annual Return ADW Capital Partners, L.P. Gross Return -3.31% 9.65% 319.79% 33.23% Net Return 22111 ImaiskvaikaugakS Dow Jones 7.70% 0.21% 69.16% I 11.70% 7: NASDAQ 8.71% 6.96% 98.18% I 15.49% (1) The table above reflects the performance of the Fund for the curre
T's Entertainment division for almost $500 MM. IDT Entertainment was a studio that Howard and his team started from scratch and effectively sold to John Malone (Liberty) for $500 MM. IDT Entertainment had no meaningful IP/content and effectively licensed and grew its catalog of content organically. While h
ADW Capital Partners, L.P. 1st Quarter and 2015 YTD Performance Report " 2) Gross Return Dow Jones 4/20/2015 2015 Inception Average 01 To Date Annual Return 17.54% 0.31% 92.30% I 16.63% NASDAQ 3.79% (1) The table above reflects the p
t his new company, IDT, into a large media/telecommunications business with successful sales of assets he built from scratch to the likes of ATT and John Malone. Howard deployed some of this cash into additional intellectual property / venture ideas but also grew the business into an "Amazon style" incubato
uarter and 2015 Performance Report t1M2) 2015 Q4 2015 Inception To Date Average Annual Return Gross Return -3.31% 9.65% 319.79% I 33.23% Dow Jones 7.70% 0.21% 69.16°A, I 11.70% 7.: NASDAQ 8.71% 6.96% 98.18% I 15.49% (1) The table above reflects the performance of the Fund for the cu
T's Entertainment division for almost $500 MM. IDT Entertainment was a studio that Howard and his team started from scratch and effectively sold to John Malone (Liberty) for $500 MM. IDT Entertainment had no meaningful IP/content and effectively licensed and grew its catalog of content organically. While h
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