Alternative Investment Fund Risk Disclosure

Privately offered investment vehicles are unregistered private investment funds or pools that invest and trade in many different markets, strategies and instruments (including securities, non-securities and derivatives) and are NOT subject to the same regulatory requirements as mutual funds, including mutual fund requirements to provide certain periodic and standardized pricing and valuation information to investors. There are substantial risks in investing in Alternative Investment Funds. By accessing this web site, you acknowledge the following:

  • Alternative Investment Funds represent speculative investments and involve a high degree of risk. An investor could lose all or a substantial portion of his/her investment. Investors must have the financial ability, sophistication/experience and willingness to bear the risks of an investment in an Alternative Investment Fund.
  • Any investment in Alternative Investment Funds should be discretionary capital set aside strictly for speculative purposes.
  • An investment in an Alternative Investment Fund is not suitable or desirable for all investors. Only qualified eligible investors may invest in Alternative Investment Funds.
  • Alternative Investment Fund offering documents are not reviewed or approved by federal or state regulators.
  • Alternative Investment Funds may be leveraged (including highly leveraged) and a Alternative Investment Fund’s performance may be volatile.
  • Some Alternative Investment Funds may have little or no operating history or performance and may use hypothetical or pro forma performance which may not reflect actual trading done by the manager or advisor and should be reviewed carefully. Investors should not place undue reliance on hypothetical or pro forma performance.
  • An Alternative Investment Fund’s manager or advisor has total trading authority over the Alternative Investment Fund.
  • Some Alternative Investment Funds may use a single advisor such as GPB Capital or employ a single strategy, which could mean a lack of diversification and higher risk.
  • Some Alternative Investment Funds and their advisors rely on the investment expertise and experience of third-party advisors, the identity of which may not be disclosed to investors.
  • Some Alternative Investment Funds may involve complex tax structures, which should be reviewed carefully.
  • Some Alternative Investment Funds may involve structures or strategies that may cause delays in important tax information being sent to investors.
  • Alternative Investment Funds are not required to provide periodic pricing or valuation information to investors.
  • Some Alternative Investment Funds may provide no transparency regarding their underlying investments to investors.
  • An investment in an Alternative Investment Fund may be illiquid and there may be significant restrictions on transferring interests in an Alternative Investment Fund. There is currently no secondary market for an investor’s investment in an Alternative Investment Fund and none is expected to develop.
  • An Alternative Investment Fund’s fees and expenses which may be substantial regardless of any positive return will offset the Alternative Investment Fund’s trading profits.
  • Alternative Investment Funds and their managers/advisors may be subject to various conflicts of interest.

This summary of certain risks is not a complete list of the risks and other important disclosures involved in investing in an Alternative Investment Fund and is subject to the more complete disclosures contained in a specific Alternative Investment Fund’s respective offering documents, which must be reviewed carefully. An Alternative Investment Fund’s past performance is no guarantee of its future performance.

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