Investment Focus

Technology, Media, and Communications
CRT Private Equity plans to invest in early stage and emerging stage growth companies in the Technology, Media and Telecommunication sectors and will leverage the rapidly converging trends in the TMT sector, including the expanding role of the internet (e.g. Broadband, Social Networking, VOIP, IPTV, content distribution and advertising delivery) and the proliferation of new services and applications for new mobile devices (e.g. games, content, Social Networking applications). CRT Private Equity believes that opportunities in the TMT sector will benefit from the following drivers:

• Behavioral shifts that stimulate demand as consumers adapt to new ways to connect, communicate and control
  
• New businesses that emerge fueled by disintermediation and scale dynamics on local and global platforms
  
• Significant advancements in bandwidth, storage and processing technologies that drive the convergence of business models across the Internet, mobile and television marketplaces
  
• Marketing that goes digital - Accountability and Targeting replace reach and frequency
  
• Incumbents are spurred "to action" as opportunities and new competitors threaten traditional businesses

On the business side, CRT Private Equity believes there will be opportunities for software, infrastructure, and services companies to eliminate the "pain points" created by the increasingly complex and competitive global business environment. Major trends and evolving market dynamics are creating many of these opportunities as companies navigate this constantly changing market environment. CRT Private Equity will target companies in the software, infrastructure and service sectors as described below, especially where its relevant experience can be brought to bear in a differentiated manner.

Software
Companies continue to seek software solutions to help them meet vital organizational needs. C-level executives and IT managers seek solutions that are easy to integrate with existing systems, provide improved cost efficiencies, and deliver rapid payback. In addition, new software delivery and "on-demand" pricing models are emerging that will continue to shift software towards a service model.

CRT Private Equity is particularly interested in software companies that address customer demands in the following areas:

• Infrastructure systems and applications
  
• Enterprise information management and access
  
• Business intelligence and performance management
  
• Customer and prospect management (CRM)
  
• Small to mid-market ERP systems and applications
  
• Other industry specific solutions

Infrastructure
Increased demand for software and services across multiple fixed and mobile platforms is driving an entirely new set of infrastructure needs. We are interested in emerging companies focused on the important job of enabling the delivery of higher performance utility and improved services including:

• Wireless communication
  
• Scalable information systems, data storage and backup
  
• System security
  
• Software-based infrastructure
• Distributed computing applications

Services
Enterprises continue to evolve and adapt through wired and wireless channels, with demand for new or improved services proliferating at an increasing rate. From digital content to digital commerce, the trend toward continued growth is unmistakable, and businesses will continue to demand technology evolution and innovation. In addition, as companies increasingly focus on their core areas of expertise and manage costs, non-core services will continue to be outsourced, thereby creating opportunity. CRT Private Equity will focus on technology-based services companies including:

• Internet-based services and solutions
  
• Technology-driven outsourcing
  
• Network and hosted solutions

Healthcare
CRT Private Equity invests in early stage and emerging stage growth companies in the healthcare and life sciences areas. We seek to provide a full-range of corporate finance and advisory services to healthcare companies.  Our approach is to build long-term partnerships with our clients as they meet the unique strategic, financial and scientific challenges healthcare companies face. CRT Private Equity is principally involved in the following healthcare sectors:

• Biotechnology
  
• Medical Devices
  
• Therapeutics
  
• Healthcare Services
  
• Medical Technology

Approach
We take significant stakes in promising growth companies that possess extraordinary talent, visionary leadership and proprietary assets. Depending on the stage of the company, we would require some or all of the following elements:

• Intellectual property
  
• Proper valuation based on income, market or cost
  
• Peer-reviewed data and or publications
  
• Data from animal or human models
  
• Proof-of-concept
  
• Prototype level equipment for the areas of therapeutics, clinical trials, diagnostics, prognostics and medical devices

Support
CRT Private Equity is comprised of a team of professionals who possess extensive knowledge of and experience within the healthcare industry.  CRT Private Equity's healthcare efforts are supported by CRT's sales & trading, research and investment banking departments, as well as by CRT BioMed, a scientific advisory panel.