Value Value Value ($561) • Fund Share Co-Investor re Share 07,11)46 61% co-invest Siris I - Core** ($500mm, 2007 vintage) Grass IRR Goes MOIL Net RR Net ROC Skis I. Co.Invest 622% 3.1x NA NA Siris I Only 492% 2,9x NA NA Equity Invested ($104) ($254) $784 $439 $345 Realized( Total Value