Disclosure

Any reference related to any securities, including private placement securities, are intended for information purposes only, is subject to change, and does not constitute investment advice or a recommendation. This is not an offer or solicitation. Offers to sell or solicitations to invest in any securities including private placement securities, as well as important information about investment related risks, such as investment loss, leveraging risk, highly illiquid, complex tax structure and delays in tax reporting, and may not be subject to regulatory requirements, and high fees, are made only by means of the prospectus or the fund's final Private Placement Memorandum, and should be reviewed carefully by you and your financial, legal and tax Advisers. Hedge funds often engage in leveraging and other speculative investment products that may increase investment loss. Any product or service referred to herein may not be suitable for all persons. This information is intended solely for institutional investors/consultants, fund of funds, foundations and endowments as well as for "accredited investors" (as defined by the Securities and Exchange Commission under the U.S. Securities Act of 1933) who also are "qualified eligible persons" (as defined in Commodity Futures Trading Commission).