EFTA00666199.pdf

VALAR VENTURES Limited Partner: Fund: Unaudited Statement of Changes in Partner's Capital As of Sep 30, 2015 Southern Trust Company, Inc. Valar Global Fund II LP Commitment: $ 15,000,000 Paid in Capital: $ 4,350,000 Remaining: $ 10,650,000 Current Quarter Year to Date Inception to Date Partner's capital, beginning $ 3,590,934 $ 0 $ 0 Contributions $ 600,000 $ 4,350,000 $ 4,350,000 Net operating income/(loss) Management fees $ (71,900) $ (245,632) $ (245,632) Partnership expenses $ (8,594) $ (59,338) $ (59,338) Interest income $ 1,401 $ 1,861 $ 1,861 Total net operating income/(loss) $ (79,093) $ (303,109) $ (303,109) Distributions $ 0 $ 0 $ 0 Net realized gain/(loss) on investments $ 0 $ 0 $ 0 Net unrealized gain/(loss) on investments $ 35,688 $ 100,638 $ 100,638 Partner's capital, ending $ 4,147,529 $ 4,147,529 $ 4,147,529 EFTA00666199