Morgan Stanley & Co. LLC

The Baupost Group is an opportunistic, value-oriented, open mandate investor that seeks to invest their capital to achieve attractive risk-adjusted returns over an extended period of time. The firm seeks to invest in assets which are undervalued relative to their market price.

Vista Equity Partners is a U.S.-based investment firm with offices in Austin, Chicago, New York City, Oakland, and San Francisco with more than $52 billion in cumulative capital commitments. Vista exclusively invests in software, data, and technology-enabled organizations led by world-class management teams. As a value-added investor with a long-term perspective, Vista contributes professional expertise and multi-level support towards companies to realize their full potential. Vista’s investment approach is anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions, and proven management techniques that yield flexibility and opportunity.

Clough Capital Partners employs a fundamental research-driven investment process that seeks to earn superior long-term rates of return for their clients relative to broad equity market indices, such as the S&P 500 Index and the Morgan Stanley World Index. The firm invests its clients' assets primarily in equity and equity-related securities in both US and non-US markets. Clough Capital may also invest clients' assets in fixed income securities and other financial instruments including equity and index options, futures, currencies, and commodities. Investments in non-US markets are made primarily through securities that trade on non-US exchanges and through securities that do trade on US exchanges such as ETFs, GDRs and ADRs. Along with capital appreciation, capital preservation is a primary objective. Clough Capital may use hedging strategies to attempt to provide a degree of protection against market declines, such as shorting individual stocks and using index options and futures. In addition, short positions and put options may also be used to implement independent investment strategies. Clough Capital generally expects to keep accounts in a net long position and will also utilize leverage when deemed appropriate.