Bennett Lawrence Partners,

L.P.

Fund Investment Objectives

The Fund applies a growth driven, long/short approach to investing and trading of primarily U.S. equities. We strive to invest only in competitively advantaged companies that participate in the fastest growing markets. To compliment this strategy, we sell short the securities of afflicted companies in weak industries. Our investment strategy combines a top-down thematic overlay with bottom-up fundamental research. From a top-down perspective, we identify at an early stage, major demand trends that are creating powerful investment opportunities. Once the trends have been identified, we create investment themes as a means for organizing our research efforts.