Rackspace Technology, Inc.

Apollo Capital Management's investment objective is to generate both capital appreciation and current income through mezzanine, preferred equity, warrants, First lien & Second Lien debt, structured products, unstructured debt, subordinated debt and equity investments while adhering to Apollo Global Management's industry-specialized, value-oriented investment strategy.

Searchlight Capital Partners (SCP) operates in North America and Europe. The firm has the ability to invest across the capital structure in both equity and debt. They seek to invest in attractive companies across a wide range of industries and are comfortable investing in complex situations. SCP has significant expertise in a range of transaction types, including many forms of recapitalizations and investments throughout a company's capital structure. They provide flexible capital and pursue both control- and non-control-oriented investments. SCP targets companies that are well-positioned in attractive industries. The firm tends to invest in the following sectors: (1) communications (2) media, both traditional and online (3) information and information technology services (4) business services (5) financial services (6) consumer products and services (7) education services and (8) industrial goods and services. In addition to their industry expertise, SCP also partners with companies seeking to expand in North America and Europe.

Rubric Capital Management aims to achieve capital appreciation and maximize risk-adjusted absolute returns. The firm employs a value-oriented long/short strategy comprised of, but not limited to, a book of deep-value long positions and an alpha short book that is core to its strategy. They utilize a fundamental and multi-year perspective in identifying the core investments from a universe generally comprised of equities and debt in all sectors. Furthermore, the firm implements a disciplined approach to risk management and capital preservation at the position, portfolio and firm levels in seeking to maximize the delivery of alpha from both its long and short investments.