EFTA00810352.pdf

Valar Global Fund III LP Unaudited Financial Statements March 31, 2018 VALAR EFTA00810352  Valar Global Fund HI LP Statement of Assets, Liabilities, and Partners' Capital March 31, 2018 Assets Cash and cash equivalents 879,320 Investments, at fair value (cost $52,001,076) 84,152,228 Interest receivable 8,896 Total assets $ 85,040,444 Partners' Capital Contributions $ 56,362,460 Syndication costs (139,155) Net operating loss (3,334,013) Net unrealized gain 32,151,152 Total partners capital 85,040,444 Total liabilities and partners' capital $ 85.040.444 EFTA00810353  Valar Global Fund III LP Statement of Operations January I, 2018 through March 31, 2018 Income Interest income 2,096 Expenses Gross management fee 403,283 Management fee reduction for syndication costs (31,500) Net management fee 371,783 Professional fees 75,285 General and administrative 24,207 Total expenses 471,275 Net operating loss (469,179) Net change in unrealized appreciation in fair value of investments 6,910,798 Net increase in partners' capital resulting from operations $ 6,441.619 EFTA00810354  Vida,- Global Fund III LP Schedule of Investments Match 31. 2018 Unrealized Company Shares Cost Fair Value Gaminess) Stash Financial. Inc. SenesB Named Shares 1.647219 S 10.200.000 S 24.304.309 S 14.104.309 Series A Preferred Shams 693329 1.937.997 10.229,123 8.291,126 Series C Preferred Shares 217.494 2.692.576 3.207,902 515.326 Series D Pretested Shares 46.103 679,991 679,991 Octane Lending. Inc. Series A-Ill Convertible Preferred Stock 1262226 8.473.658 8.473.658 Common Stock 129.127 516308 700.397 183.889 Coss AG Series A Preferred Shares 11.914 4.422.963 8.514./// 4.113,259 Olinda S.A.S Okra Qonto/ Series A ()alma!). Shares 26.165 5.378.771 6.255.352 876.581 Series Seed Ordinary Shares 6.351 344346 1318.354 1.173,808 N26 GmbH Preferred B Shams 1.098 4.114.464 6.930.282 2.595,818 Petal Card. Inc. Series A Preferred Shares 4.485.326 5.405.889 5.647.025 241.136 Common Stock 18.100 70332 98.328 27.796 Jetty National. Inc. Series A Preferred Shares 2.315.145 5.505351 5.505251 Spaceship Financial Services Pty Ltd Convertible Notes 521.876 521.376 500 Brolly UK Technology Limited Series Seed Preferred Shares 592.449 210.580 238,184 27,604 Convertible Notes 237375 237.575 Seed Platform. Inc. Simple Agreement fa Hawse Equity 340.000 340.400 Simple. Inc. Simple Agreement fa Fbuite Equity 217.600 217.600 Peak Ventures Fund IL.. Limited Partnership Intetests 204.000 204.000 Minor Al Inc. Convertible Notes 170.0O) 170.000 Andutil Industries. Inc. Series Seed Preferred Stock 123.143 68.000 68.0:0 Brat Inc. Series Seed Preferred Stock 83.563 67.999 67,999 Taal Investments S 52.001.076 S 84.152.228 S 32.151.152 EFTA00810355