iNetworks was founded with a guiding principle that we would examine with a fresh perspective each element of the operations of a private equity group. From that perspective, we look to improve each element and create and apply fresh concepts to meet the needs of the private equity industry.

One element we examined was ethics in venture capital and private equity, and we were surprised that our research found only a handful of private equity firms in the United States that have adopted a code of ethics. We are pleased to take a leadership role through the establishment of the following set of ethical principles:

• We will conduct our activities, and encourage our portfolio companies to conduct their activities, in accordance with the highest standards of business ethics and applicable laws and regulations.
• We will avoid real or perceived conflicts of interest whenever possible, and will disclose all known actual or potential conflicts of interest prior to entering into any business discussions, negotiations or dealings, or otherwise as soon as they are known.
• We will use our best reasonable efforts to preserve the confidentiality of proprietary or confidential information disclosed to us and use such information only for the purposes for which it was disclosed.
• We will treat fairly and equally all applications for funding without regard to factors such as disability, gender, ethnic or national origin, race, religion or sexual preference.
• We will avoid injuring others, their property, reputation or employment by false or malicious action.
• We will recognize that facilitation of the achievement of wealth generation for stakeholders is consistent with a fair sharing of economic benefits.