Five Elms 2023 Year In Review

Past Performance: Past performance is not indicative of future results and there is a possibility of substantial loss in connection with an investment in a future Five Elms fund. Performance returns reflect the reinvestment of proceeds and other account earnings except in those situations where a distribution was made to investors in the applicable Five Elms fund that has not been recalled for investment. Gross investment performance of individual portfolio companies, or groups of portfolio companies, does not take into account management fees, partnership expenses, or carried interest that would reduce the net return to limited partners of the funds making those portfolio company investments.

Recent Awards: GrowthCap evaluated over 350 firms for the Top 25 Growth Investors of 2023 and nominations were made based on the uniqueness of each firm’s approach to growth equity investing as well as how effective and consistent they were in building value for their portfolio companies. For additional details on the GrowthCap Top Women Leaders in Growth of 2023 selection criteria and methodology, please visit https://growthcapadvisory.com/the-top-women-leaders-in-growth-investing-of-2023. For additional details on the GrowthCap 40 under 40 Growth Investor of 2023 selection criteria and methodology, please visit growthcapadvisory.com/growthcaps-top-40-under-40-growth-investors-of-2023.