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The information contained herein, is provided for discussion purposes only and is not intended as, and may not be relied on in any manner as legal, tax or investment advice, recommendations, or as an offer to sell, a solicitation of an offer to purchase or recommendations of any interest in any fund or security. Any such offer may only be made pursuant to the delivery of formal offering documents. Alternative investments are complex, speculative investment vehicles and are not suitable for all investors. An investment in an alternative investment entails a high degree of risk and no assurance can be given that any alternative investment's investment objectives will be achieved or that investors will receive a return of their capital. Any fund or manager information presented herein is fictitious, provided for illustrative purposes, and is subject to change without notice. Past performance is not indicative of future results.

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