Fresh Source Capital Fund II, L.P.

Fund II will continue the work of Fund 1. Fresh Source Capital Fund II, L.P. (the “Fund” or “Fund II”) will pursue investments in private companies with compelling teams and strong strategies to build and improve regional food systems and meet increasing and changing consumer and institutional demands for “better” food. The Fund, which is focused on North America, will utilize equity and convertible note instruments. The Fund may also invest in select income generating opportunities utilizing subordinated debt and royalty financing. The Fund will consider food and agriculture related businesses along the supply chain. Fresh Source Capital Fund II will expand upon the Fund I thesis and performance, focusing on companies creating premium products for which consumers are willing to pay higher prices, and/or improving efficiencies to increase the price competitiveness of local, “better” food. Target companies will have one or more of the following strategies:

Increasing regional supply through novel products and services by utilizing regional ingredients to meet consumer/institutional demands;

Building regional production and distribution capacity; and/or

Leveraging technology- especially Software-as-a-Service models to achieve scale and gain efficiencies.

Financial description

The Fund will use both Debt and Equity instruments as with Fund I, L.P.