Hidden Gems showcases managers that will be contenders for our first loss platform. The account must be opened in Singapore but can be traded anywhere. We identify dislocated networks where investors can discover Asian- based managers and help managers gain quicker access to capital to scale their AUM

We are superior to a Hedge Fund Platform

• Investor Ecosystem from Day 1

• Cheaper fees vs hedge fund platform

• Lower Break Even hence faster to scale AUM

How are We Different than other First Loss Providers?

Levered Strategies:

No Uniform Approach

•    Lockup depending on strategy

•    Pari Passu- if one fund is in a different geographic location can open SMA in Singapore and grow AUM in tandem

• Differentiated strategy- can use the first loss structure to test other strategies with limited downside risk

• No carry cost on the leveraged capital for the manager

Non-Levered Strategies:

Uniform Approach

As the first loss inherently provides downside protection and with this structure for an illiquid project, risk is mutually aligned. Founders will agree to a first loss structure for initial anchor capital with mutual agreed KPI’s and timeframe with the investor(s)

Deals can be structured either as debt or equity or a combination of debt / equity with upside on equity warrants

Product will yield a high ROIC on a sustained basis for global investors

The table below shows exposure to strategies where the funds or the managers have agreed to put up the first loss risk capital