Paul, thanks for your interest. ARQ, MYX and PGC are all good examples of companies at varying levels of maturity but not ones we would typically classify as Emerging Companies. The CVC Emerging Companies Fund typically seeks to invest in companies like the ones you have chosen at an earlier stage where earnings growing consistently on a double-digit basis and seeking to expand with the introduction of new capital. Cleanspace Respirators ( is a good example of a company that fits the criteria of what we are seeking in the new fund. Regards, Jonathan

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