Invansys Technologies is a software services and consulting firm specializing in asset management. It was founded in 2005 and has 20 employees with experience working on technology projects for the asset management industry. Invansys provides services like portfolio management systems, order management, and customized software development for hedge funds, private equity firms, and investment banks.

1. Invansys Technologies Investment Analytics & Systems

2. Invansys – an Overview Founded in 2005 Currently has 20 employees and multiple projects underway with a balanced mix of onsite and offshore presence Over 15 years of collective experience in working in and managing technology projects in the asset management industry Confidential 05/13/10 Overview Products & Services Customers Invansys Technologies is a software services and consulting firm specializing in the asset management domain. We work with hedge funds, private equity companies, fund of funds and investment banks to fulfill their software requirements in front, middle and back offices. Areas Of Expertise Portfolio Management & Accounting Order Management Systems & FIX engines Reconciliation Frameworks Portfolio Valuation & Security Pricing Customized Software & Application Development Proprietary Portfolio Management & Accounting System Consulting on Software Systems purchase & implementation Implementation & Integration with third party systems An established private equity firm in New York with AUM ~ $500 mm A PIPE (Private Investment in Public Enterprise) fund, AUM ~ $200 mm A start up hedge fund in New York with AUM ~ $30 mm

3. Our Solutions Confidential 05/13/10 Middle Office Back Office Front Office Key technology intensive activities Algorithmic Trading Real Time Pricing Order Management Trade booking (Position Mgmt.) - Mark to Market Realized, Unrealized P/L FX Drift (Multi currency trade) Accrued Interest Calculations Accounting Risk Measurement Compliance (SEC Filings) Reconciliation with Fund Admin Reconciliation with prime broker Our Solutions Algorithmic Trading platforms Order Management Systems (Customized Development) FIX Engines & Certification frameworks Position Management Systems (Customized Development) Connectivity to market feeds Integration with 3 rd party systems Our Portfolio Mgmt. products Invansys PMS Invansys PIPES Customized development of Reconciliation engines, automated SEC filings - Consulting to evaluate 3rd party products and conduct cost benefit analysis of the implementation - Customized development to customer’s unique requirements

4. Our Products Invansys PMS Invansys PMS is the next generation portfolio management software in use by some of the biggest funds in the industry. It's easy set up, user friendly screens, customizable reports, multi-user capabilities, very-short implementation time and world-class after sales support make it the ideal back office choice for all funds. Multi-currency and multi-portfolio capable. Integrates with Bloomberg and other data sources to download real time stock prices and other financial data. Integrates with your Administrator and Prime Broker feeds for seamless import and export of data. Smart tools to keep track of key portfolio events, corporate actions etc. Invansys PIPES Invansys PIPES is the complete Deal Workflow solution for Private Equity and PIPE funds. Track 144 A dates and apply custom discount schemes for restricted securities. Black Scholes warrant calculator with options to select yield curves and volatility values. Smart tools to help in conversion and exercise of securities Confidential 05/13/10

5. Technology Coverage Microsoft Technologies – VB/VB.NET, ASP.NET, VBA(Macros), COM/DCOM, Active X components Java Technologies – J2EE framework, EJB‘s, Swings, Jini, Applets and Servlets Open Standards - Web services, SOAP, XML, FIX/FIXML, PHP Application servers – Weblogic 5.1/6.0/8.0 Web Servers – Microsoft IIS, Apache Databases – Oracle 8i/9i, SQL Server 2000, SQL Server 2000, Sybase, mySQL Financial platforms – Appia FIX engine Advent‘s Geneva - Portfolio accounting system, FIX certification suites Crystal decisions reporting suite Trading systems like Neovest and RealTick Confidential 05/13/10

6. Our Value Proposition Dedicated approach - Given we are a small firm, the management team pays personal attention to each stage of the project Strong asset management focus – Strong mix of business and technology experience in asset management providing a well-rounded perspective on issues at hand Strong quality standards – Focus on maintaining rigor and quality of work by hiring the best and setting high standards of performance Focus on cost control – Optimum allocation between onsite and offshore resources to minimize cost of implementation Wide technology coverage – Experience across all the major programming languages, software platforms and databases Confidential 05/13/10

7. CEO & Founder Tarun Gupta Hands on project management experience (has run teams of 5-20 people) Prior to founding Invansys Technologies, 6 years of experience advising leading investment banks & hedge funds across functions and technology domains Conceived, designed, developed and managed the implementation and integration of major IT systems required by Operations, Risk Management Groups, Accounting and Compliance departments Developed a Trade Booking system for hedge fund clients of a premier investment bank in New York. Helped the bank in subsequent roll out and implementation of the system at various clients across the United States Rolled out a new Portfolio Accounting system at a multi-billion dollar hedge fund in Stamford, CT, USA An expert in both Microsoft & open source technologies Bachelor of Technology from Indian Institute of Technology (IIT) Delhi, India Confidential 05/13/10

8. Our Working Model Confidential 05/13/10 Stage Requirements Gathering Development Deployment Maintenance / Support Deliverables - Functional Spec - Technical Design - Project Plan - Build for UAT - Build for Deployment - Code Installation on Client Machines Integration with client’s other systems Bug Fixes User Training Call Support Common Timelines 4-6 weeks 12 weeks for each phase 4 weeks Ongoing Interface Business Analyst Technical Architect Project Manager Developers Project Manager Developers Maintenance Team Location Onsite Onsite/ Offshore Onsite Offshore

9. What our Customers Say Client 1: An established private equity firm, New York with AUM ~ $500 mm Our Solution: Developed a custom Deal Booking and Portfolio Valuation system for the fund. Did a requirement analysis session for 4 weeks Provided the fund with a comprehensive plan to develop a new system and load the historical positions. Development was broken down in 2 phases of 3 months each to ensure faster rollout of necessary functionality. Client Testimonial: “In the beginning we were hesitant to hire Invansys Technologies for this project but our fears were allayed when they provided us with a detailed plan, including the delivery milestones, for the completion of the system. The work was absolutely professional and on time. Subsequently, we offered more work to Invansys as we are very satisfied with their level of dedication” Client 2: A PIPE (Private investment in Public Enterprise) fund, AUM ~ $200 mm Our Solution: Developed a pricing tool for Stock Options, Stock Warrants & convertible securities. Linked with Bloomberg to get basic data like Underlying price, interest rates and volatility information Uses Black Scholes and Binomial models to price the options. Client Testimonial: “It is a very pleasant experience working with Invansys Technologies. We were always on the lookout for people who not only understood the technology but the business side of it as well. We found an ideal partner in Invansys Technologies. Their complete understanding of this business makes it very easy for us to communicate our requirements.” Confidential 05/13/10