Investment Philosophy :: VN Capital Management, LLC

VN Capital Management, LLC is a non-registered investment advisory firm located in New York, New York that was founded in 2002 by P. Donnell Noone and James T. Vanasek. The firm manages the VN Capital Fund I, LP, a Delaware based hedge fund that holds a concentrated portfolio of small-cap equities.

Before giving you access to this site we must confirm that you are an "accredited investor" as defined by the Securities Act of 1993, as amended (the "Securities Act").

Accordingly, please read the legal notice below and complete the questionnaire on the next page.

If you need to contact us for any reason, our main phone is (212) 393-1140. Or, e-mail us at jtv@vncapital.net or pdn@vncapital.net.

Please read this page before proceeding because it sets out important legal information about the information contained in this Web site (which VN Capital Management, LLC may, without notice, change). The information contained in this Web site is being made available by VN Capital Management LLC for the benefit of its existing clients and investors, employees and other persons expressly authorized to receive such information. It is intended only for the use of the individual or entity that has been specifically authorized to view the information. VN Capital Management, LLC expressly authorizes each authorized used to copy electronically or to print in hard copy the documents published on the Web site for internal reference purposes or other non-commercial, personal use, but not for any other use.

The information contained in this Web site is for information purposes only. This information is intended to supplement information contained in the respective funds' disclosure documents and must be read in conjunction therewith. The information contained on this Web site should not be construed as financial or investment advice on any subject matter. VN Capital Management, LLC does not warrant the accuracy of the information provided on this Web site or in any linked site, either express or implied, for any particular purpose.

THE FUNDS DESCRIBED IN THIS WEB SITE HAVE NOT BEEN REGISTERED UNDER THE FEDERAL SECURITIES LAWS OF THE UNITED STATES, THE SECURITIES LAWS OF ANY STATE, OR THE LAWS OF ANY OTHER JURISDICTION. SUCH AN OFFER MAY ONLY BE MADE BY THE DISCLOSURE DOCUMENT FOR THE RELEVANT FUND, AND ONLY TO INVESTORS WHO MEET CERTAIN ELIGIBILITY REQUIREMENTS.

In consideration of being permitted access to the VN Capital Management LLC Web site, the user hereby acknowledges having read and understood this Agreement and agrees that any copy which he or she makes shall retain all copyright and other proprietary notices contained herein, and that any other use of documents published on this Web site without prior written approval from VN Capital Management LLC is strictly prohibited.