FUND MANAGEMENT

WEST CIRQUE FUND                                                                                                                                                                                          

The West Cirque Fund Limited Partnership employs in-depth fundamental research and analysis to select its investments.  The overall investment theme of the fund is driven by macro-analysis to determine which areas of the market offer the best potential returns and, as a result, its investments may be heavily concentrated in certain sectors.   Meetings with management teams form a major part of the fund’s idea generation and selection process. The fund may invest in public and private equities, warrants, and convertibles on a hedged or unhedged basis.   The fund shall maintain a limited roster of investors to help generate the highest possible return potential.   It is currently closed to new investors.