• | The Fund has limited operating history. |
• | Shares are not listed on any securities exchange, and it is not anticipated that a secondary market for Shares will develop. Although the Fund may offer to repurchase Shares from time to time, Shares will not be redeemable at an investor's option nor will they be exchangeable for shares of any other fund. As a result, an investor may not be able to sell or otherwise liquidate his or her Shares. |
• | An investment in the Fund may not be suitable for investors who may need the money they invested in a specified timeframe. |
• | Shares are subject to substantial restrictions on transferability and resale and may not be transferred or resold except as permitted under the Fund's limited liability company agreement. |
• | The amount of distributions that the Fund may pay, if any, is uncertain. |