Global Strategy

With rapid innovation, exponential economic growth and a consumer demand to match, emerging markets such as China, India and Brazil offer unparalleled potential for investment opportunities.

We are focusing on these countries based upon our long-term growth projections for their overall economies as well as the growth expected in our strategy specific target industries. According to Gartner, in 2010, China, India, and Brazil posted $217, $67, and $101 billion in total IT spending, and will increase to $261, $90, and $128 billion respectively, by 2013.

We are pursuing emerging market opportunities in order to create more options for our portfolio companies and our investors. We feel that given our international connections, we will not only be able to discover high growth potential companies to generate favorable returns, but also be able to provide value-adding benefits to both our emerging market and domestic portfolio companies.

Leveraging our presence in emerging markets will allow us to build additional value through:

• Potential partnerships between U.S. and foreign companies
• New market expansion opportunities
• A larger pool of merger and acquisition targets for exit opportunities