Subject: Re: Updated PPM
From: "John DeLoche" <[email-masked]>
To: "Devon Archer" <[email-masked]>, "Hunter Biden" <[email-masked]>, "Eric Schwerin" <[email-masked]>, "Neil Callahan" <[email-masked]>, "Rob Walker" <[email-masked]>, "William Lee" <[email-masked]>
Cc: "John DeLoche" <[email-masked]>
Date: Tue, 30 Apr 2013 12:06:08 -0700

Gents, just spoke to the Rothschild family who was our first commitment to
RSTP II. They want to introduce us to some more investors. Please let me
know if there are any comments on this when you can. many thanks

On Tue, Apr 30, 2013 at 5:41 AM, John DeLoche
<[email-masked]>wrote:

> Gentlemen (and Neil),
>
> Attached is the updated PPM which updates the track record for March 31,
> 2013 and treats it as we have treated it in the annual meeting slides,
> adjusts the introduction for consistency and adds Will as a Venture
> partner. Please let me know your comments. This will be part of the package
> we will send out (along with our deck and sub docs) to prospective first
> closing investors.
>
> The text of the track record section prior to the graph reads as follows:
>
> The Investment Team has a successful investment track record in
> growth-stage technology companies and has worked together as a team since
> 2010 investing through special purpose investment vehicles as Rosemont
> Seneca Technology Partners. The team has also worked together since 2010
> investing the firm’s predecessor $100 million private equity co-investment
> fund, Rosemont Solebury Capital Management (”RSCI”), a 2007 vintage fund.
> Both funds are outperforming the top quartile of venture capital and
> private equity, respectively, as measured by Cambridge Associates for their
> respective vintage years. As of March 31, 2013, RSTP’s realized and
> unrealized investments are conservatively marked at 1.78x invested capital
> and a net IRR of 205%. RSCI’s investments are conservatively marked at
> 1.46x invested capital and a net IRR of 15%. Both the cash on cash returns
> and IRRs are net of management fees and carried interest.
>
> Best,
>
> John
>
> John DeLoche
> *Managing Director*
> Rosemont Seneca Technology Partners
> One Market, Spear Tower, 36th Floor
> San Francisco, CA 94105
> office: 415 293 8147
> mobile: 415 793 7070
>
> This email communication is privileged and confidential and is intended
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>
>

-- 
John DeLoche
*Managing Director*
Rosemont Seneca Technology Partners
One Market, Spear Tower, 36th Floor
San Francisco, CA 94105
office: 415 293 8147
mobile: 415 793 7070

This email communication is privileged and confidential and is intended
only for the individuals or entities named above. Any unauthorized
dissemination of any of the contents of this email is strictly prohibited.
If you are not the intended recipient, please do not read, copy, use or
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