Investor Presentaiton
+
DISCLAIMER (3/3)
Market Indices. In some cases, performance shown in this presentation is compared to the performance of
certain broad-based securities indices. The market indices returns assume that dividends are reinvested and
that on the day a portfolio investment is made, a hypothetical investment in a matching amount is made in the
given index. For each date on which either a portion or all of the portfolio investment is sold, a hypothetical
index multiple (factor) is calculated by comparing the change in index value between the two dates. The cost of
the investment sold (or portion of cost sold) is multiplied by this factor, resulting in a hypothetical index value.
The return is calculated using these dates of investment and hypothetical value(s) generated. Broad-based
securities indices are unmanaged and are not subject to fees and expenses typically associated with
investment funds.
With respect to Cambridge Associates ("CA") benchmarking information in this Confidential Document, please
note that the comparisons to other benchmark metrics prepared by CA or other similar benchmarking services
may yield different results. Note that any published rankings or similar groupings have inherent limitations and
qualifications, such as limited sample size, imperfect access to information and other considerations. There can
be no assurance that the CA survey includes all actual investment funds of the same vintage as such CVC
funds with similar investment objectives and geographical focuses as such CVC funds. The use of leverage and
other features of the investment programs of such funds may have differed from those of such CVC funds.
Methodologies employed for calculating returns for such CVC funds may differ from the methodologies
employed by other funds in the Cambridge survey. There may be other studies or rankings by firms other than
Cambridge where such CVC funds would rank higher or lower than as described herein. This information is
included solely for illustrative purposes. There is no guarantee that CVC will maintain this status with respect to
such CVC funds in the future.
None of the information contained herein has been filed with the U.S. Securities and Exchange Commission,
any securities administrator under any securities laws of any U.S. or non-U.S. jurisdiction or any other U.S. or
non-U.S. governmental or self-regulatory authority. No such governmental or self-regulatory authority will pass
on the merits of the offering of any CVC fund or the adequacy of the information contained herein. Any
representation to the contrary is unlawful.
To ensure compliance with the Internal Revenue Service Circular 230, the recipients are hereby notified that
any discussion of tax matters set forth in this Confidential Document was written in connection with the matters
addressed herein and was not intended or written to be used, and cannot be used by any recipient, for the
purposes of avoiding tax-related penalties under federal, state or local tax law. Each recipient should seek
advice based on its particular circumstances from an independent tax advisor.
To ensure compliance with the Internal Revenue Service Circular 230, the recipients are hereby notified that
any discussion of tax matters set forth in this Confidential Document was written in connection with the matters
addressed herein and was not intended or written to be used, and cannot be used by any recipient, for the
purposes of avoiding tax-related penalties under federal, state or local tax law. Each recipient should seek
advice based on its particular circumstances from an independent tax advisor.
In the United States, this presentation is being distributed by CVC Funding, LLC, a broker dealer registered with
the U.S. Securities and Exchange Commission and a member of FINRA and SIPC.
Certain information contained in this Confidential Document may have been prepared by persons who are not
CVC Parties. Unless otherwise indicated, such information has not been independently audited or verified.
This Confidential Document is communicated only to persons to whom it may be lawfully communicated. To the
maximum extent permitted by law, none of the CVC Parties shall be liable (including in negligence) for any
direct, indirect or consequential losses, damages, costs or expenses arising out of or in connection with the use
of or reliance on this Confidential Document. By accepting a copy of the Confidential Document, you agree to
be bound by the foregoing limitations and conditions.
CVC
CAPITAL
PARTNERSView entire presentation