DiMaio Ahmad Capital / DA Capital

INVESTMENT PHILOSOPHY We invest globally across asset classes, seeking to leverage our core credit capability. Our core objective is to achieve superior risk-adjusted returns through a process of bottom-up, research based fundamental analysis, interwoven with our view of key global investment themes. We seek to purchase assets that are attractively priced relative to their intrinsic value, looking for significant margins of safety. Our process emphasizes capital preservation. Where appropriate, we seek to limit the size of our investment funds to protect investment performance. Our philosophy is anchored in discipline within our investment process, risk management, transparency and our commitment to the outlined investment guidelines.