Better Capital PCC Limited 2009 Cell The Better Capital 2012 Cell will seek to invest in a portfolio of businesses which have significant operating issues and may have associated financial distress, with a primary focus on investments in businesses which have significant activities with the United Kingdom or Ireland The Better Capital 2012 cell is a feeder fund that, having retained appropriate levels of liquidity for working capital purposes, has invested the net proceeds of its capital raising directly in BECAP12 Fund LP The Better Capital 2009 cell is a feeder fund that, having retained appropriate levels of liquidity for working capital purposes, has invested the net proceeds of its capital raising directly in BECAP Fund LP The General Partner has overall responsibility for the management and administration of the business and affairs of Better capital Fund, including as to the management of its investments