Continental

Partners, L.P.

Fund Investment Objectives

The Continental Partners fund invests long and short in companies operating in the financial services industry (e.g., banking, brokerage, asset management, insurance, consumer finance, transaction processing, savings and loan, etc.). Continental seeks to preserve and grow capital by combining attractive attributes of traditional hedged equity portfolios with modern risk management tools and practices. The firm relies on fundamental valuation measures driven by projected cash flows in evaluating an issuer's investment merit. Continental attempts to develop and exploit a competitive advantage in security selection by focusing on specific industries and/or specific subsectors within industries. We hold concentrated portfolios that will typically consist of 25 to 50 different companies. Our long side investment process is strategic while the short side is tactical.