Francesca's Holdings Corp.

Cross River Management manages a long/short domestic private equity hedge fund. The fund's primary objective is to achieve superior long-term absolute returns through investments in micro-cap companies that are undervalued in relation to their cash flows or asset value. Cross River Management tends to invest in the stocks of US small-cap companies in the transportation, finance and consumer services sectors. The firm is known to engage in shareholder activist investment strategies.In managing the fund, Cross River Management employs rigorous, bottom-up research to identify investment opportunities. Positions are initiated with a long-term investment horizon following extensive analysis of company fundamentals, capital structure, industry trends and managements' expertise. The funds main risk control is the concentrated nature of its long portfolio, which is invested only in Cross River Management's best ideas. Each investment is carefully screened for downside exposure along with upside potential. The small size of the companies in the fund's long portfolio often result in little or negative market correlation. To further mitigate risk and to hedge specific factors in long positions, the fund holds a diversified short portfolio that includes both stocks and options. The fund's key performance metrics are annualized returns and realized gain by position.

SCM has designed a value-based investment process to focus intently on such situations, and systematically capitalize on these expected errors. The internal screening process focuses on identifying companies at the intersection of three important criteria: (a) Low Valuation: low price-to-book; low price-to-sales; low price-to-cash flow; and other relevant valuation metrics; (b) High Quality: proven businesses and conservative capital structures (low debt-to-capital, high interest coverage and other measures of financial strength); (c) Identifiable Catalysts: cyclical, secular, and company specific. The in-depth research begins once SCM identifies a company that meets their criteria. All the buy and sell decisions are based on the relationship between the market price and the firm's estimate of the intrinsic value of a company.

Myda Advisors LLC is an American private company located in Inwood, NY, with subsidiaries in the United States, that provides investment advice. It was founded in 2010. Jason Marc Lieber has been the CEO since that date.

Irving Place Capital Management LP focuses on equity investments in middle-market companies in the retail/restaurants, financial services, business services, consumer products, distribution, transportation, logistics, healthcare services, energy, packaging and industrial sectors. The firm invests in companies with enterprise value of $200 million to $1.5 billion and EBITDA greater than $7 million. They invest in companies in North America and Western Europe. Investments typically range from $50 million to $250 million, but the firm has the ability to make larger investments. Irving Place Capital makes control and substantial minority investments. Their capital is typically used for traditional MBOs, growth capital financings, corporate divestitures, industry consolidations, recapitalizations and other ownership liquidity situations.

CCMP Capital invests in companies located in North America and Europe with strong management teams and an enterprise value of $250 million to $2 billion. The firm focuses on three industries Consumer, Industrial and Healthcare with an investment size of $100 to $500 million. They partners with founder-owned, entrepreneurial businesses, management buyouts, corporate carve-outs and taking public companies private.