BDO

ST HELIER, Wisconsin, United States PCAOB Registered

Funds Audited

431

Total GAV

$39.1B

Funds Audited

Fund Name	Adviser	Type	GAV
SLOW VENTURES III-A, L.P.	SLOW VENTURES, LLC	Venture Capital Fund	$19.9M
EUROCREDIT III	INTERMEDIATE CAPITAL MANAGERS LIMITED	Other Private Fund	$19.6M
BLUMBERG CAPITAL OPPORTUNITY FUND (CR), L.P.	BLUMBERG CAPITAL, L.L.C.	Venture Capital Fund	$19.5M
FREY MULTI-STRATEGY (CAYMAN) FUND LTD	FQS CAPITAL PARTNERS, LLP	Hedge Fund	$19.1M
ASA OFFSHORE FUND SPC - PORTFOLIO 3 SEGREGATED PORTFOLIO	ASA ASSET LLC	Hedge Fund	$19M
MORPHEUS VENTURES III AUSTRALIAN TRUST	MORPHEUS ADVISORS, LLC	Venture Capital Fund	$17.8M
VENTURE INVESTORS EARLY STAGE FUND III LIMITED PARTNERSHIP	VENTURE INVESTORS LLC	Venture Capital Fund	$17.4M
FUND 2	AZURE CAPITAL PARTNERS LP	Venture Capital Fund	$16.5M
FUND 11	AZURE CAPITAL PARTNERS LP	Venture Capital Fund	$16.4M
EARLY STAGE PARTNERS L.P.	ESPMGMT, LLC	Venture Capital Fund	$16.2M
CENTURY PARK HORIZON FUND, LLC	CPC EQUITY ADVISORS, LP	Private Equity Fund	$16.1M
QUIET T1, LP	QUIET CAPITAL MANAGEMENT, LLC	Venture Capital Fund	$15.9M
QUIET T1, LP	QUIET CAPITAL MANAGEMENT, LLC	Venture Capital Fund	$15.5M
BLUMBERG CAPITAL OPPORTUNITY FUND (YP), L.P.	BLUMBERG CAPITAL, L.L.C.	Venture Capital Fund	$15.4M
BLUMBERG CAPITAL OPPORTUNITY FUND (TR), L.P.	BLUMBERG CAPITAL, L.L.C.	Venture Capital Fund	$15.1M
CAISSON BREAKWATER GLOBAL OPPORTUNITY FUND, LP	BOSTON LIGHT ADVISORS, LLC	Hedge Fund	$14.8M
CAISSON BREAKWATER FUND, LTD.	BOSTON LIGHT ADVISORS, LLC	Hedge Fund	$14.2M
FUND 2	AZURE CAPITAL PARTNERS LP	Venture Capital Fund	$14.1M
YET2VENTURES FUND II, LP	YET2.COM	Other Private Fund	$14.1M
WESTBRIDGE FUND III LP	WESTBRIDGE FUND MANAGERS LIMITED	Venture Capital Fund	$13.2M
K1 PRIVATE INVESTORS (A)	K1 INVESTMENT MANAGEMENT LLC	Venture Capital Fund	$13.1M
POST ROAD SPECIAL OPPORTUNITY FUND I LP	POST ROAD GROUP LLC	Private Equity Fund	$12.8M
POST ROAD SPECIAL OPPORTUNITY FUND I LP	POST ROAD GROUP LLC	Private Equity Fund	$12.8M
DFJ INCUBE VENTURES, LP	INCUBE MANAGEMENT, LLC	Venture Capital Fund	$12.5M
CORRELATION VENTURES EXECUTIVES FUND, LP	CORRELATION MANAGEMENT, LLC	Venture Capital Fund	$12.4M