*Assets under management are calculated in accordance with SEC Form ADV Part 1A Instruction 5.b. to include the current market value (or fair value) of all private fund assets and the contractual amount of any uncalled commitments to such private funds, together with the current market value of all other securities portfolios for which 500 Startups Management Company, L.L.C or its affiliates (collectively, 500 Global) provides ongoing discretionary investment management services, with market value determined using the same method used to report account values to clients or to calculate fees for investment advisory services. Assets under management may increase or decrease significantly after June 30, 2021.
^Quartile rankings data referenced herein is solely with respect to 500 Startups, L.P. (the “Fund”) as of March 31, 2021. Such data is provided “as is” by Cambridge Associates at no cost to 500 Global. Rankings or similar groupings have inherent limitations and qualifications, such as limited sample size, imperfect access to information and other considerations. Past performance does not guarantee future returns. 500 Global calculates net TVPI as follows: (a)(i) net asset value of the Fund net of fees, expenses and carry, calculated using valuations that were marked up or down based on exits, closures, subsequent financings and discretionary estimates of market value (the “NAV”) and dilution plus (ii) cash or cash equivalents held by the Fund plus (iii) distributions to fund investors minus (iv) liabilities of the Fund, divided by (b) contributed capital of the limited partners, in each case, as of June 30, 2021.
Companies valued in excess of $100M are a select sampling of investments across 500 Global’s family of funds. Such figures provide a snapshot of estimated valuation as at June 30, 2021 and may change.
This press release is intended solely to provide information regarding 500 Global. All content provided in this press release is provided for general informational or educational purposes only and is as of June 30, 2021 unless otherwise noted. 500 Global makes no representations as to the accuracy or information contained in this press release. Under no circumstances should any information or content in this press release be considered as an offer to sell or solicitation of interest to purchase any securities advised by 500 Global or any of its affiliates or representatives. Further, no content or information contained in this press release is or is intended as an offer to provide any investment advisory service or financial advice by 500 Global. Under no circumstances should anything herein be construed as fund marketing materials by prospective investors considering an investment into any 500 Global investment fund.