N-Q 1 fp0039842_nq.htm

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM N-Q

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS

OF REGISTERED MANAGEMENT INVESTMENT COMPANY

 

Investment Company Act file number 811-22990

 

Pomona Investment Fund

(Exact name of registrant as specified in charter)

 

780 Third Avenue, 46th Floor

New York, NY 10017

(Address of principal executive offices) (Zip code)

 

Michael D. Granoff

Pomona Management LLC

780 Third Avenue, 46th Floor

New York, NY 10017

(Name and address of agent for service)

 

Registrant’s telephone number, including area code: (212) 593-3639

 

Date of fiscal year end: March 31

 

Date of reporting period: December 31, 2018

 

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (ss.ss. 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

 

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. ss. 3507.

 

ITEM 1. SCHEDULE OF INVESTMENTS.

 

The Schedule(s) of Investments is attached herewith.

 

Pomona Investment Fund

Consolidated Schedule of Investments (unaudited)

December 31, 2018

 

 

Investment Funds a, i (98.55%)  Geographic  Original    
Co-Investments (0.50%)  Region b  Acquisition Date  Fair Value 
Roark Capital Partners II Sidecar, L.P. e  North America  10/18/2018  $565,931 
Total Co-Investments (0.50%)         565,931 
            
Primary Investments (0.70%)           
Hellman & Friedman Capital Partners IX (Parallel), L.P. e  North America  09/28/2018   - 
Roark Capital Partners V (TE) L.P.  North America  04/30/2018   801,359 
Total Primary Investments (0.70%)         801,359 
            
Seasoned Primary Investments (8.96%)           
Avista Capital Partners (Offshore) IV, L.P.  North America  12/01/2017   438,298 
Gryphon Partners IV, L.P. c, d  North America  06/24/2016   7,242,406 
Merit Mezzanine Fund VI, L.P. e  North America  03/02/2018   1,281,496 
VSS Structured Capital Parallel III, L.P.  North America  01/26/2018   1,252,013 
Total Seasoned Primary Investments (8.96%)         10,214,213 
            
Secondary Investments (88.39%)           
ABRY Partners V, L.P. e  North America  12/31/2018   71,139 
Advent International GPE VII-B Limited Partnership e  North America  06/30/2015   2,341,084 
Altor 2003 Fund (No. 1) LP e  Europe  12/31/2018   15,435 
AP VIII Private Investors Offshore (USD), L.P.  Europe  06/30/2017   245,314 
Apax Europe VI - A, L.P. e  Europe  12/30/2016   513,947 
Apollo Investment Fund VI, L.P. e  North America  12/31/2018   441,300 
Apollo Investment Fund VII, L.P.  North America  09/29/2017   268,422 
Audax Mezzanine Fund II, L.P. e  North America  09/30/2015   802 
Audax Mezzanine Fund III, L.P.  North America  09/30/2016   2,394,398 
Audax Private Equity Fund, L.P. e  North America  12/31/2018   3,522 
Audax Private Equity Fund II, L.P. e  North America  12/31/2018   117,728 
Audax Private Equity Fund III, L.P. e  North America  09/30/2015   335,189 
Audax Private Equity Fund IV, L.P.  North America  09/29/2017   274,590 
Audax Senior Loan Fund III, L.P.  North America  09/28/2018   456,687 
Bain Capital Asia Fund, L.P. e  North America  12/30/2015   87,446 
Bain Capital Distressed and Special Situations 2013 E, L.P. e  North America  06/30/2015   376,890 
Bain Capital Europe Fund III, L.P. e  North America  12/30/2016   386,887 
Bain Capital Fund VII, L.P.  North America  12/29/2017   3,840,955 
Bain Capital Fund VIII, L.P. e  North America  12/30/2015   305,536 
Bain Capital Fund VIII-E, L.P. e  North America  12/31/2018   58,354 
Bain Capital Fund IX, L.P. e  North America  12/31/2018   816,526 
Bain Capital Fund X, L.P.  North America  12/30/2015   3,557,346 
Bain Capital VII Coinvestment Fund, L.P.  North America  12/29/2017   56,631 
Bain Capital VIII Coinvestment Fund, L.P. e  North America  12/31/2018   22,212 
Bain Capital IX Coinvestment Fund, L.P. e  North America  12/31/2018   208,797 
Bain Capital X Coinvestment Fund, L.P. e  North America  12/31/2018   29,340 
BCP V-S L.P. e  North America  09/29/2017   58,719 
Berkshire Fund VI, Limited Partnership d, e, f  North America  12/31/2018   6,522,657 
Berkshire Fund VII, L.P. e  North America  12/31/2018   1,092,405 
Blackstone Capital Partners V L.P.  North America  09/29/2017   675,576 
Carlyle Partners IV, L.P. e  North America  12/31/2018   26,934 
CDRF8 Private Investors, LLC  North America  06/30/2017   205,694 
Cerberus Institutional Partners, L.P. - Series Three  North America  12/30/2016   39,346 
Cerberus Institutional Partners, L.P. - Series Four  North America  12/30/2016   937,239 
CHP III, L.P. e  North America  09/29/2017   458,909 
Clyde Blowers Capital Fund III LP e  Europe  06/30/2015   792,587 
Comvest Capital II International (Cayman), L.P. e  North America  06/29/2018   415,927 
Comvest Capital III International (Cayman), L.P.  North America  06/29/2018   2,541,508 
DCM IV, L.P. e  North America  06/30/2015   154,217 
DCM V, L.P. e  North America  06/30/2015   412,620 
DCM VI, L.P. e  North America  06/30/2015   1,192,545 
Francisco Partners, L.P. e  North America  12/31/2018   6,620 
Francisco Partners II, L.P. e  North America  12/31/2018   219,353 
GESD Investors II, L.P. e  North America  09/29/2017   739,432 
Green Equity Investors V, L.P.  North America  09/29/2017   5,047,185 
Gridiron Energy Feeder I, L.P. e  North America  05/10/2017   2,458,562 
GSO Capital Opportunities Overseas Fund L.P.  North America  12/30/2015   51,241 
GSO Private Investors Offshore II, L.P.  North America  06/30/2017   161,174 
H.I.G. Bayside Debt & LBO Fund II, L.P. e  North America  12/31/2018   1,031,451 
H.I.G. Capital Partners IV, L.P. e  North America  12/31/2018   1,686,145 
Harvest Partners V, L.P.  North America  12/29/2017   130,722 

 

The accompanying notes are an integral part of the Consolidated Schedule of Investments.

 

 

 

Pomona Investment Fund

Consolidated Schedule of Investments (unaudited) (continued)

December 31, 2018

 

 

Investment Funds a, i (98.55%) (continued)  Geographic  Original    
Secondary Investments (88.39%) (continued)  Region b  Acquisition Date  Fair Value 
HgCapital 5 L.P. e  Europe  12/31/2018  $78,691 
Insight Equity I, LP e  North America  12/31/2018   104,283 
Insight Equity II, LP e  North America  12/31/2018   1,099,620 
Insight Venture Partners Coinvestment Fund II, L.P.  North America  06/30/2015   1,404,277 
Insight Venture Partners Coinvestment Fund III, L.P.  North America  06/30/2015   1,108,787 
Insight Venture Partners V, L.P.  North America  06/30/2015   239,203 
Insight Venture Partners VI, L.P.  North America  06/30/2015   629,211 
Insight Venture Partners VII, L.P.  North America  06/30/2015   4,295,546 
Insight Venture Partners VIII, L.P.  North America  06/30/2015   4,141,608 
J.H. Whitney VI, L.P.  North America  09/29/2017   111,113 
J.W. Childs Equity Partners III, L.P. e  North America  12/31/2018   328 
JMI Equity Fund VI, L.P. e  North America  09/29/2017   17,837 
Kelso Investment Associates VIII, L.P.  North America  09/29/2017   2,791,195 
KKR 2006 Fund L.P.  North America  09/29/2017   364,830 
KKR 2006 Private Investors Offshore, L.P.  North America  06/30/2017   389,176 
KPS Special Situations Fund III, L.P.  North America  09/29/2017   553,573 
KPS Special Situations Fund III, L.P. (Supplemental - Feeder), Ltd.  North America  09/29/2017   787,309 
Littlejohn III, L.P. e  North America  12/31/2018   51,811 
Littlejohn Fund IV, L.P.  North America  12/30/2015   922,463 
Madison International Real Estate Liquidity Fund V e  North America  06/30/2015   37,587 
Merchant Banking Partners IV, L.P.  North America  09/29/2017   46,126 
Montreux Equity Partners IV, L.P. e  North America  09/29/2017   459,391 
New Enterprise Associates 12, Limited Partnership e  North America  09/29/2017   80,771 
New Mountain Partners III, L.P.  North America  09/29/2017   625,648 
NewView Capital Fund I, L.P. e  North America  10/31/2018   4,741,894 
Oaktree Private Investment Fund 2010, L.P. e  North America  06/30/2015   101,271 
Paladin III (HR), L.P.  North America  09/29/2017   564,704 
Parthenon Investors II, L.P. e  North America  12/31/2018   339,880 
Parthenon Investors III, L.P. e  North America  12/31/2018   1,463,124 
Perry Partners International Inc. e  North America  12/30/2015   5,273 
Platinum Equity Capital Partners II e  North America  09/29/2017   85,030 
Providence Equity Partners IV, L.P. e  North America  12/30/2016   32,938 
Providence Equity Partners V, L.P. e  North America  12/30/2016   124,815 
Providence Equity Partners VI, L.P. d, g  North America  12/30/2016   5,994,210 
Providence Equity Partners VII, L.P.  North America  09/29/2017   325,609 
Providence TMT Special Situations Fund L.P. e  North America  12/31/2018   8,687 
Roark Capital Partners II, L.P. e  North America  06/29/2018   890,453 
Roark Capital Partners III L.P.  North America  06/29/2018   1,216,685 
Roark Capital Partners IV L.P. e  North America  06/29/2018   875,399 
Saw Mill Capital Partners, L.P. e  North America  09/29/2017   184,100 
Silver Lake Partners II, L.P.  North America  12/30/2016   133,427 
Silver Lake Partners III, L.P. e  North America  12/31/2018   974,467 
Summit Partners Private Equity Fund VII-A, L.P. e  North America  12/31/2018   638,933 
Summit Partners Venture Capital Fund II-A, L.P. e  North America  12/31/2018   102,970 
Summit Ventures VI-A, L.P. e  North America  12/31/2018   852,954 
Sun Capital Partners IV, LP e  North America  12/31/2018   227,000 
Sun Capital Partners V, L.P. e  North America  12/31/2018   466,000 
TA X, L.P. e  North America  12/31/2018   76,488 
TCW/Crescent Mezzanine Partners VB, L.P.  North America  12/30/2015   290,853 
Tennenbaum Opportunities Fund V, LLC  North America  09/29/2017   407,548 
The Veritas Capital Fund III, L.P. e  North America  09/29/2017   90,000 
Thomas H. Lee Equity Fund VI, L.P.  North America  12/29/2017   359,981 
Thomas H. Lee Parallel (Cayman) Fund VII, L.P. e  North America  06/29/2018   3,617,573 
Thomas H. Lee Parallel Fund VI, L.P.  North America  09/28/2018   1,877,408 
TPG Opportunities Partners III (B), L.P.e  North America  06/30/2015   69,917 
TPG Partners V, L.P.  North America  09/29/2017   305,892 
TPG Partners VI, L.P.  North America  09/29/2017   2,674,819 
TPG STAR, L.P. e  North America  09/29/2017   565,618 
Vista Equity Partners Fund V, L.P. e  North America  09/28/2018   4,979,986 
Warburg Pincus Private Equity VIII e  North America  12/31/2018   15,814 
Waud Capital Partners QP II, L.P. e  North America  12/31/2018   86,193 
Weston Presidio V, L.P. e  North America  12/31/2018   142,068 
Wicks Communications & Media Partners III, L.P. e  North America  12/31/2018   241,480 
Wind Point Partners VII-B, L.P.  North America  09/29/2017   33,321 
Total Secondary Investments (88.39%)         100,810,411 
Total Investments in Investment Funds (Cost $118,427,164) (98.55%)        $112,391,914 

 

The accompanying notes are an integral part of the Consolidated Schedule of Investments.

 

 

 

Pomona Investment Fund

Consolidated Schedule of Investments (unaudited) (continued)

December 31, 2018

 

 

Short-Term Investment (4.43%)     
Money Market Fund   Fair Value 
Fidelity Investments Money Market Government Portfolio - Class I, 2.31% h  $3,784,657 
JP Morgan U.S. Government Money Market Fund, 2.08% h   1,269,616 
Total Money Market Fund (4.43%)  $5,054,273 
      
Total Short-Term Investment (Cost $5,054,273) (4.43%)  $5,054,273 
      
Total Investments (Cost $123,481,437) (102.98%)  $117,446,187 
      
Liabilities in Excess of Other Assets (-2.98%)   (3,398,881)
      
Shareholders' Capital (100.00%)  $114,047,306 

 

a Investment Funds are generally offered in private placement transactions and as such are illiquid and generally restricted as to resale. Total cost and fair value of illiquid and restricted securities as of December 31, 2018 was $118,427,164 and $112,391,914, respectively.
b In the case of Investment Funds, geographic region generally refers to where the general partner is headquartered and may be different from where an Investment Fund invests or operates.
c This Investment Fund invests in privately or publicly owned enterprises operating in a varierty of industries.
d These Investment Funds have no redemption provisions, are issued in private placement transactions and are restricted as to resale.
e Non-income producing.
f This Investment Fund was formed for the purpose of making equity and equity related investments in established middle market companies.
g This Investment Fund was formed for the purpose of making investments in communication businesses or other business with the objective of capital appreciation.
h The rate quoted is the annualized seven-day yield of the fund at the period end.
i The Fund ordinarily acquires portfolios of investments that are comprised of interests in multiple private equity funds (rather than single interests in such funds) and pays a single purchase price for each such portfolio. As a result, the specific acquisition cost allocated to each Investment Fund does not necessarily reflect the actual cost of each such Investment Fund.
   
  As of December 31, 2018, the aggregate cost of each investment restricted to resale was: $513,522, $0, $753,860, $447,572, $4,989,476, $1,098,668, $1,498,113, $51,781, $1,991,029, $15,435, $230,794, $583,257, $417,813, $380,457, $120,111 $2,907,495, $2,154, $67,248, $2,557,094, $280,379, $425,162, $621,943, $186,567, $953,841, $5,910,925, $678,788, $36,563, $638,421, $4,377,680, $60,761, $21,918, $206,357, $24,382, $59,642, $6,549,801, $1,115,304, $830,670, $42,308, $334,354, $60,632, $688,460, $496,016, $1,742,959, $385,646, $2,363,524, $170,448, $1,309,767, $1,850,037, $5,095, $175,594, $436,425, $4,982,763, $2,054,564, $261,086, $215,918, $629,174, $1,749,167, $149,939, $79,100, $148,724, $909,412, $837,537, $509,740, $492,653, $1,715,464, $2,663,550, $3,380,385, $122,933, $453, $17,177, $2,251,891, $399,847, $387,749, $659,601, $742,708, $36,110, $1,589,561, $44,743, $48,411, $352,648, $148,380, $883,437, $3,876,201, $60,339, $409,211, $225,909, $1,198,040, $105,492, $328,880, $19,151, $436,235, $6,408,748, $269,960, $5,693, $830,997, $1,142,402, $821,889, $774,146, $1,354,982, $1,192,580, $593,484, $77,683, $641,689, $238,215, $417,140, $52,067, $376,014, $331,357, $364,079, $412,645, $3,818,242, $1,731,298, $56,643, $415,668, $2,698,443, $573,289, $5,603,292, $30,003, $45,465, $100,545, $196,412, $61,563, respectively, totaling $118,427,164.

 

The information regarding these Investment Funds, as presented above, has not been prepared, reviewed or approved by any such Investment Fund or its general partner, manager or sponsor or any of their respective affiliates.

 

The accompanying notes are an integral part of the Consolidated Schedule of Investments. 

 

 

Pomona Investment Fund (the “Fund”), was organized as a Delaware statutory trust on August 12, 2014 and commenced operations on May 7, 2015. The Fund is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as a non-diversified, closed-end management investment company. On August 3, 2017, in connection with the Fund’s revolving credit facility, Pomona Investment Fund LLC was organized as a Delaware limited liability company, and is a wholly owned subsidiary of the Fund. All inter-company accounts and transactions relating to Pomona Investment Fund LLC have therefore been eliminated.

 

The Fund has formal valuation policies and procedures (the “Valuation Procedures”), which have been approved by the Board. The Board has delegated direct and oversight responsibilities for making valuation determinations for investments held by the Fund to a valuation committee (the “Valuation Committee”), which draws on the resources and personnel of the Administrator and the Adviser in carrying out its responsibilities. The Board receives valuation reports from the Valuation Committee on a quarterly basis and determines if the Valuation Procedures are operating as expected and the outcomes are reliable.

 

All investments are recorded at “Fair Value” in good faith. Fair value is based on actual or estimated market value, with special provisions for assets not having readily available market quotations, and for situations in which market quotations are deemed unreliable. The Investment Funds in which the Fund invests normally do not have readily available market prices. Determining the fair value of Investment Funds and other assets requires that judgment be applied to the specific facts and circumstances of each asset while seeking to employ a valuation process that is consistently followed. There is not necessarily a single standard for determining fair value of such assets, and determinations of fair value may involve subjective judgments and estimates.

 

The fair values of the Fund’s investments in Investment Funds are estimates and are determined by the adviser in accordance with the Valuation Procedures. These estimates are net of management and performance incentive fees or allocations payable pursuant to the respective organizational documents of each Investment Fund. Ordinarily, the fair value of an Investment Fund is based on the net asset value (“NAV”) of that Investment Fund reported by its investment manager. If the adviser determines that the most recent NAV reported by the investment manager of an Investment Fund does not represent the fair value or if the investment manager of an Investment Fund fails to report a NAV to the Fund, a fair value determination is made by the Adviser in accordance with the Valuation Procedures. This includes adjusting the NAV provided by an investment manager for other relevant information available at the time the Fund values its portfolio, including capital activity and material events occurring between the reference dates of the investment manager’s valuation and the relevant valuation date. 

 

The Fund uses the NAV of each Investment Fund as its measure of fair value of an investment in an Investment Fund when (i) the market price for such investment is not readily available, (ii) such investment does not have a readily determinable fair value, and (iii) the NAV is calculated in a manner consistent with the measurement principles of investment company accounting, including measurement of the underlying investments at fair value.

 

In accordance with the authoritative guidance on fair value measurements and disclosures under accounting principles generally accepted in the United States of America (“U.S. GAAP”), the Fund discloses the fair value of its investments in a hierarchy that prioritizes the inputs to valuation techniques used to measure the fair value. The hierarchy gives the highest priority to valuations based on unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurement) and the lowest priority to valuations based upon unobservable inputs that are significant to the valuation (Level 3 measurement). The guidance establishes three levels of fair value as listed below.

 

-Level 1 – Inputs that reflect unadjusted quoted prices in active markets for identical assets and liabilities that the Fund has the ability to access at the measurement date

 

-Level 2 – Inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly, including inputs in markets that are not considered to be active

 

-Level 3 – Inputs that are unobservable

 

The notion of unobservable inputs is intended to allow for situations in which there is little, if any, market activity for the asset or liability at the measurement date. Under Level 3, the owner of an asset must determine fair value based on its own assumptions about what market participants would take into account in determining the fair value of the asset, using the best information available.

 

The inputs or methodology for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

 

A financial instrument’s level within the fair value hierarchy is based upon the lowest level of any input that is significant to the fair value measurement; however, the determination of what constitutes “observable” requires significant judgment by Pomona Management LLC (the “Administrator”). The Administrator considers observable data to be market data that is readily available, regularly distributed or updated, reliable and verifiable, not proprietary, and provided by independent sources that are actively involved in the relevant market. Private equity funds are generally restricted securities that are subject to substantial holding periods and restrictions on resale and are not traded in public markets. Accordingly, the Fund would not be able to resell such investments for extended periods, if at all.

 

Investments in Investment Funds with a fair value of $112,391,914 are excluded from the fair value hierarchy as of December 31, 2018.

 

The following table is a summary of information about the levels within the fair valuation hierarchy at which the Fund’s investments are measured as of December 31, 2018:

 

Investments  Level 1   Level 2   Level 3   Total 
Short-Term Investment  $5,054,273   $-   $-   $5,054,273 
Total  $5,054,273   $-   $-   $5,054,273 

 

During the period ended December 31, 2018, the Fund did not have any transfers between any of the levels of the fair value hierarchy. The Fund records all transfers at the end of each reporting period.

 

It is the Fund’s intention to meet the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”), that are applicable to a regulated investment company (“RIC”). The Fund elected to be a RIC with the filing of its 2015 federal tax return. The Fund intends to continue to operate so as to qualify to be taxed as a RIC under the Code and, as such, to not be subject to federal income tax on the portion of its taxable income and gains distributed to stockholders. To qualify for RIC tax treatment, among other requirements, the Fund is required to distribute at least 90% of its investment company taxable income, as defined by the Code. Accordingly, the Fund intends to distribute its taxable income and net realized gains, if any, to shareholders in accordance with timing requirements imposed by the Code. While the Fund intends to distribute substantially all of its taxable net investment income and capital gains, if any, in a manner necessary to minimize the imposition of a 4% excise tax, there can be no assurance that it will avoid any or all of the excise tax. In such event, the Fund will be liable only for the amount by which it does not meet the foregoing distribution requirements. The Fund has adopted October 31 as its fiscal tax year end. The Fund intends to elect to be a RIC with the filing of its federal income tax return.

 

At December 31, 2018, the federal tax cost of investment securities and unrealized appreciation (depreciation) as of the period end were as follows:

 

Gross unrealized appreciation   $

22,505,456

  
Gross unrealized depreciation      (9,792,719 )
Net unrealized appreciation   $

12,712,737

  
Cost of investments   $

104,733,450

  

 

The difference between cost amounts for financial statement and federal income tax purposes is due primarily to timing differences related to the timing of the recognition of income, gains and losses from the underlying investments for tax purposes.

 

ITEM 2. CONTROLS AND PROCEDURES.

 

(a) The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”) (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on their evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended (17 CFR 240.13a-15(b) or 240.15d-15(b)).

 

(b) There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting. 

 

ITEM 3. EXHIBITS.

 

Certifications pursuant to Rule 30a-2(a) under the 1940 Act and Section 302 of the Sarbanes-Oxley Act of 2002 are attached hereto.

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

(Registrant) Pomona Investment Fund  
     
By (Signature and Title)* /s/ Michael Granoff  
  Michael Granoff, President & Principal Executive Officer  
  (Principal Executive Officer)  
     
Date March 1, 2019  

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By (Signature and Title)* /s/ Michael Granoff  
  Michael Granoff, President & Principal Executive Officer  
  (Principal Executive Officer)  
     
Date March 1, 2019  
     
By (Signature and Title)* /s/ Joel Kress  
  Joel Kress, Treasurer and Principal Financial Officer  
  (Principal Financial Officer)  
     
Date March 1, 2019  

 

*Print the name and title of each signing officer under his or her signature.