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risk within the portfolio of the Compartments. 4. SHARE CAPITAL AND SHARES Investment by Well-Informed Investors 4.1 Shares, to the exclusion of the Management Share, are exclusively reserved for Well-Informed Investors. The Company will not issue, or give effect to any Transfer of, Shares to any Investor who is
ies set out by International Private Equity and Venture Capital Valuation Guidelines, published by the European Venture Capital Association (EVCA), the British Venture Capital Association (BVCA) and the French Venture Capital Association (AFIC) in March 2005, as may be amended from time to time; (vi) Investments registered in the na
isk within the portfolio of the Compartments. 4. SHARE CAPITAL AND SHARES Investment by Well-Informed Investors 4.1 Shares, to the exclusion of the Management Share, are exclusively reserved for Well-Informed Investors. The Company will not issue, or give effect to any Transfer of, Shares to any Investor who is
uation of portfolio companies set out by international Private Equity and Venture Capital Valuation 'i thustatigsairo i li . peariMenuan (EVCA), the British Venture Capital Association (BVCA) and the French Venture Capital Association (ARC) in March 2005, as may be amended from time to time; PERS-44F-1-6O 2450.-4 30 0095739-00000
nsider to be the representative of all joint holders, or to all joint shareholders together, at its absolute discretion. 6.7 With the exception of the Management Share, the Company may decide to issue fractional shares. Such fractional shares do not carry voting rights, except where their number is such that they r
ies set out by International Private Equity and Venture Capital Valuation Guidelines, published by the European Venture Capital Association (EVCA), the British Venture Capital Association (BVCA) and the French Venture Capital Association (AFIC) in March 2005, as may be amended from time to time; (1) investments registered in the nam
Entities connected to both the Management Share and the British Venture Capital Association
the Grand Duchy of Luxembourg
ORGANIZATIONCompartment on that Valuation Date
ORGANIZATIONfonds d'investissement
ORGANIZATIONGrand Duchy
LOCATIONCompartments
PERSONregister a Transfer
ORGANIZATIONBanque Havilland SA
ORGANIZATION
John F. Kennedy
PERSON
Armenia
LOCATION
Moldova
LOCATION
Uzbekistan
LOCATION
Kyrgyzstan
LOCATIONthe Carried Interest
ORGANIZATIONthe Portfolio Companies
ORGANIZATIONPortfolio Companies
ORGANIZATIONOrdinary Shares
ORGANIZATIONValuer
PERSONAuditor
LOCATIONBusiness Day
ORGANIZATIONthe Indemnified Persons
ORGANIZATION