Flat Creek's criteria supports a range of different opportunities

US based businesses with revenues of $5-50mm

Investment size of up to $2mm acquiring equity positions of 5-20%

Baseline underwriting targets of 2.5-3.0x MOIC and 25-30% IRR

Growth capital, change of control or recapitalizations

Flexibility to consider special situations with an attractive risk/return profile

Limit each Fund's exposure to any one investment or sector