FAQ

How will the portfolio companies be selected?

We will be making investments in small to mid-sized early stage or emerging growth companies which our General Partner believe offer favorable entry prices, above average return opportunities and clear exit possibilities. We will focus on private companies positioned or operating in India's educational sector, and generally seek out those companies which we believe exhibit sound management and distinct products or services and market attributes. We may also take advantage of opportunities to invest in companies exhibiting underlying operational health, but which could benefit from an infusion of capital to alleviate financial strain caused by an overly leveraged or undercapitalized structure. Key evaluation criteria contributing to our investment decision process may, without limitation, include the following: quality and depth management, current or near term profitability, existing market share, quality of existing clientele or customer base, potential for organic or external growth, favorable patent and other intellectual property positions, existence of beneficial long-term agreements, licenses or brands, and potential for on or more exit opportunities.

How many companies will you select?

Genesis Venture Fund will select 4-6 companies located in India or doing business in India.

How will the companies go public?

A portion of the investment proceeds will be used to take the companies public, including payment of legal, accounting and registration fees.

Do you have an advisory board?

We will have an advisory board consisting of three representatives appointed by our General Partner from among the Limited Partners. Selection of members will reflect each individual's investment expertise as it relates to the overall objectives of the Fund.

Who will manage the portfolio companies?

It will be our policy to have the day-to-day operations of each portfolio company remain with their existing management teams. Each will retain independence and have their own board of directors; however, we may require that at least one person or entity of our choosing be named to each board. All progress will be carefully monitored by our Manager, contributing to the development of a close working relationship with each company's management.

What is the anticipated closing date?

March 31, 2008, which closing date may be extended in the sole discretion of the General Partner for successive sixty day periods for up to twelve additional months.

What are the fund terms?

The Fund will have a term of approximately five years from the anticipated closing date and will be wound up shortly after all of the Fund's investments have been liquidated, investment, shell payout, etc.

Are there any strategies in place to reduce the risk?

As part of our risk management strategy, should any one of our companies, once public, fail to meet certain established investment performance criteria we will retain the right to unwind the transaction with such company. Any shares acquired will be put back into the company and we would receive the residual public shell. We will then use the public shell as a vehicle for an alternative investment opportunity. If no suitable opportunities are then available we retain the right to enter into an alternative business combination with a merger candidate in any field, in India, the United States, or elsewhere.