Cash & Fixed Interest Investments

Following the First Closing Date the Paid Capital of VPEG4, that is not immediately invested in an Underlying Private Equity Investment, is invested into cash & short term deposit investments with one or more of the Big Four Banks (Liquid Investments).

VPEG4′s objective in making these initial Liquid Investments is to obtain income and capital stability without sacrificing liquidity.

Over time and during the term of VPEG4, amounts will be drawn from the Liquid Investments component of the Investment Portfolio and applied towards meeting call payment obligations for each Underlying Private Equity Investment as they occur, or to meet working capital requirements of VPEG4.