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The information contained in this website is proprietary and confidential and may not be reproduced or further distributed or communicated in this or any other form without prior written permission of Paris Capital Advisors (London) LLP (together with its affiliates, "Paris Capital"). The entire contents of this website are subject to copyright with all rights reserved.

This website is for informational purposes only, and does not constitute an offer to sell or a solicitation of an offer to buy interests in any fund or other investment vehicle sponsored or managed by Paris Capital. Such an offer or solicitation may be made only at the time a qualified offeree (as determined under applicable law) receives a confidential private offering memorandum ("CPOM") describing the offering of such interests and a related subscription agreement and any further requirements of applicable law have been satisfied. Any such an offer or solicitation will be made in reliance upon an exemption from registration under the U.S. Securities Act of 1933, as amended, for offers and sales of securities that do not involve a public offering. In considering any such offer or solicitation, prospective investors will be urged to review carefully the CPOM (including the risk considerations described therein), the related subscription agreement and all other related documents, and to discuss any prospective investment with their legal, tax and financial advisers. Investment vehicles that pursue alternative investment strategies, such as the relative value strategy described in this website, are generally subject to less regulation than other types of investment vehicles, may be illiquid and may involve a significant use of leverage. Accordingly, such investment vehicles are suitable only for sophisticated investors that have the financial ability and willingness to accept the risks associated with such an investment.

The contents of this website are subject to change, and in the event of any inconsistency between the contents of this website and any CPOM, the CPOM shall prevail.

Any projections, market outlooks or estimates such as risk and sensitivity analysis contained in this website constitute forward-looking statements or/and are based on certain assumptions and subject to certain known and unknown risks. Accordingly, such forward-looking statements and estimated analysis, as well as the information contained in this website regarding historical performance and risk summary, should not be relied upon as being indicative of future performance or events. The historical test scenarios included in this website are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.

Any information contained in this website regarding portfolio construction or investment restrictions should be considered solely as guidelines which may be modified by Paris Capital in its discretion without notice.

Certain Notices for U.K. Persons
Paris Capital Advisors (London) LLP is authorized and regulated by the Financial Conduct Authority (the "FCA") in conduct of its investment business. This website provides information about alternative investment vehicles being managed by Paris Capital (the “Funds”) that constitute "Unregulated Collective Investment Schemes" for the purposes of the FCA rules, and the promotion of such schemes in the U.K. is severely restricted by statute. Investment in Unregulated Collective Investment Schemes carries significant risk of loss. This website should not be regarded as an independent assessment of the value of the Funds and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any probation on dealing ahead of the dissemination of investment research.

This website is made available to persons who would fall within the definition of "Investment Professionals" or "High Net Worth Companies" (as defined in the Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001 (the "Promotion of Collective Investment Schemes Order")). It is not made available to any other person and specifically is not made available to any person in their capacity as individuals unless such persons also fall within the definition of "Investment Professionals" as defined in the Promotion of Collective Investment Schemes Order. This website is exempt from the restrictions (in Sections 21 and 238 of the Financial Services and Markets Act 2000) on the communication of invitations or inducements to engage in investment activity on the ground that it is made available only to persons to whom it can legally be communicated under exemptions contained in the Promotion of Collective Investment Schemes Order.

Important notice for readers located in the EU
The Funds managed by Paris Capital are only permitted to be marketed in certain EU or EEA jurisdictions, any EU or EEA investor outside of those jurisdictions who wishes to obtain information on Paris Capital funds will only be provided any such materials upon receipt by Paris Capital of an appropriate reverse solicitation request in accordance with the requirements of the EU AIFM Directive and national law in their home jurisdiction.