OUR BUSINESSES

Investment Principles

1

Strategic Partnerships

Fengate will seek to partner with best-in- class operators, service providers and management teams with proven track records of success within their respective industries.

2

Alignment of Interests

Fengate will ensure that its partner and management teams participate in value creation through equity investments and/or incentive programs tied to the objectives of the company.

3

Strong Governance

Fengate will seek to retain majority or controlling equity positions; Fengate will assume a minority ownership position if appropriate governance can be achieved.

4

Leveraging Experience & Relationships

Fengate will look to leverage its significant investment experience and robust network of relationships across various sectors and industries with the goal of creating significant equity value.

5

Prudent Capital Structures

Fengate will implement responsible capital structures utilizing leverage where appropriate.