Additional Risk Disclosures

The alternative investments such as hedge funds, which are described on this site, and herein referred to as "Funds" are private investment partnerships or Funds that may invest and trade in many different markets, strategies and instruments and are not subject to the same regulatory requirements as mutual funds, including requirements to provide liquidity and certain periodic and standardized pricing and valuation information to investors. There are substantial risks in investing in the Funds and you should carefully note the following: 

• An investment in a Fund is not suitable or appropriate for all investors and only qualified eligible investors may invest in Funds.
• An investment in a Fund may be illiquid and there may be significant restrictions on transferring interests in a Fund. There is no secondary market for an investor's investment in a Fund and none is expected to develop.
• A Fund may employ a single investment strategy, which could result in a lack of diversification and higher risk.
• A Fund's fees and expenses may be substantial regardless of any positive returns and will offset the trading profits of the Fund.
• The Funds and their managers/advisors may be subject to various conflicts if interest in the management of the Fund. 

The above general information is not a complete list of the risks associated with investments in the Funds and is qualified by the information contained in each Fund's confidential offering documents. In addition to the risks described above, an investment in a Fund is also subject to investment, organizational and operational risks and considerations that are described in each Fund's confidential offering documents, which should be reviewed carefully by prospective investors and their advisors in light of any investor's investment objectives, risk tolerance and their legal, tax and financial situation prior to any investment in a Fund. Under no circumstances is this an offer to invest in a Fund.  

The material presented with in this site is for informational purposes only and does not contend to address financial objectives, situation or specific needs of any investor. Nothing within this site is to be construed as an offer to sell or a solicitation to buy any product, investment, or trading strategy, nor does this information constitute advice or recommendations with respect to any to any product, investment or trading strategy.

There can be no assurance that any Fund or strategy will achieve its investment objectives or that there will be any return of capital. Performance may be volatile, and an investor could lose all or a substantial portion of their investment. Any potential investor must completely review the applicable confidential offering documents for the relevant Fund.

An investment in a Fund requires that the investor meet certain suitability standards and therefore, investing within the Funds may not be suitable for all investors. To invest in Fund an investor must demonstrate that it meets all applicable suitability standards, including the standard that it is an investor sufficiently sophisticated in business and financial affairs so that such investor can understand, evaluate such investor's suitability with respect to, its investment with the Fund. The investor must be a resident in jurisdictions where the investment or offering of investment would not be contrary to local laws or regulations.

Alternative investments are speculative and involve a high degree of risk and may engage in the use of leverage, short sales, and derivatives. Derivatives can be illiquid, disproportionately increase losses and may have a potentially large negative impact on the portfolio's performance. Employing leverage may result in increased volatility. These investments are designed for investors who understand and are willing to accept these risks.

Certain Funds may invest all or a portion of assets in foreign markets and emerging-markets. Investments in foreign markets entail special risks such as currency, political, economic and market risks. The risks of investing in emerging-market countries are greater than the risks generally associated with foreign investments.