Disclaimer

Private investments are not appropriate for all investors. This asset class involves a high degree of risk, volatility and illiquidity, beyond that associated with traditional asset classes. Investors should consider private investments a supplement, comprising a modest portion of an overall investment strategy. Investors are solely responsible for, and are advised before making an investment decision with respect to the Fund to, review carefully the respective offering documents (including any relevant underlying agreements) and the related subscription documents regarding the Fund and are responsible for performing such due diligence as deemed appropriate, including consulting their own legal, tax, ERISA, and financial advisers. Any information provided by EQUIAM and its affiliates should not form the primary basis of an investor's investment decision. The material contained on this website is based upon information EQUIAM believes is reliable. However, EQUIAM does not represent or warrant that it is accurate, complete, and/or up-to-date. EQUIAM does not accept any responsibility to update any opinion, analyses or other information contained in the material. This material is for your general information only and solely to assist you in deciding whether to proceed with a further investigation of the Fund. It is not an offer or solicitation to buy or sell any security, which can be made only through the delivery of formal offering document(s) which include, among others, a confidential offering memorandum, limited partnership agreement, subscription agreement, and related subscription documents. Such formal offering documents contain additional information not set forth herein, including information regarding certain risks of investing, which such additional information is material to any decision to invest in the Fund. The information contained herein is based on certain assumptions, hypotheses, estimates, and anticipated outcomes which may or may not be true. The specific terms of an investment in the Fund are subject to the offering materials. Such terms may change from the time you receive these materials and the time you receive the offering documents. This website contains forward-looking statements, including observations about markets and industry and regulatory trends as of the original date of this document. Forward-looking statements may be identified by, among other things, the use of words such as "expects," "anticipates," "believes," or "estimates," or the negatives of these terms, and similar expressions. Forward-looking statements reflect EQUIAM's views as of such date with respect to possible future events. Actual results could differ materially from those in the forward-looking statements as a result of factors beyond EQUIAM's control. Investors are cautioned not to place undue reliance on such statements. No party has an obligation to update any of the forward-looking statements in this document. Charts, tables and graphs contained in this document are not intended to be used to assist the reader in determining which securities to buy or sell or when to buy or sell securities. Return targets or objectives, if any, are used for measurement or comparison purposes and only as a guideline for prospective investors to evaluate the Fund's investment strategies and accompanying information. Targeted returns reflect subjective determinations by EQUIAM based on a variety of factors, including, among others, internal modeling, investment strategy, prior performance of similar products (if any), volatility measures, risk tolerance and market conditions. Performance may fluctuate, especially over short periods. Targeted returns should be evaluated over the time period indicated and not over shorter periods. Targeted returns are not intended to be actual performance and should not be relied upon as an indication of actual or future performance. In this website, performance results are shown net of all fees and expenses (such as transaction costs, management, performance, administrative and any other fees and expenses applicable to the Fund) and may reflect the reinvestment of dividends and other earnings. Statements made herein that are not attributed to a third party source reflect the views and opinions of EQUIAM. No representation is made that any investor will or is likely to achieve results comparable to those shown or will make any profit or will be able to avoid incurring substantial losses. The past performance of EQUIAM, its principals, partners, or employees, or any of the portfolio companies referred to herein is not indicative of future returns. The performance reflected herein with respect to the EPT30 and the performance for the Fund and any given investor may differ due to various factors including, without limitation, the timing of subscriptions as well as changes in market conditions. Investment returns will fluctuate and may be volatile, especially over short time horizons. The Fund's investment strategy involves investments for which no public market exists. Little public information exists about many of these investments, and the Fund will be required to rely on its diligence efforts to obtain adequate information to evaluate the potential risks and returns involved in these investments. Therefore, the greater risk that the Fund may invest on the basis of incomplete or inaccurate information may adversely affect the Fund's investment performance, which could impact both initial and ultimate valuations. This could subject the Fund to greater risk than investments in established publicly-traded companies or businesses and negatively affect the Fund's investment returns. There is no assurance that the Fund's diligence efforts will result in an investment being successful. There is no guarantee that EQUIAM will be successful in achieving the Fund's investment objectives. An investment in the Fund contains risks, including the risk of complete loss. The performance of Fund I reflected herein is estimated, is based on incomplete information and is subject to change. Actual results, when available, may differ. While the indices presented herein are not perfect measures of performance, they have the advantages of being relatively well known and reflect with reasonable accuracy the experience investors have with financial markets. For example, the S&P 500 Index is referred to only because it represents an index typically used to gauge the general performance of the U.S. securities markets. The use of this index is not meant to be indicative of the asset composition, volatility or strategy of the portfolio of securities held by the Fund. The Fund's portfolio will hold considerably fewer than the number of different securities which comprise the S&P 500 and engages or may engage in strategies not employed by the S&P 500. Given the nature and number of securities comprising these indices, the Fund should be considered a more volatile and risky investment. There is no guarantee that at any time the securities held by the Fund will be securities that comprise all or part of any of these indices (except the EPT30). Furthermore, indices are unmanaged, do not incur management fees, costs, and expenses, and cannot be invested in directly. Any financial benchmarks or indices shown are unmanaged, assume reinvestment of income and do not reflect the impact of any management or performance fees. There are limitations in using financial indices for comparison purposes for the foregoing and because such indices may have different volatility, diversification, credit and other material characteristics (such as number or type of instrument or security). Any trademarks or business names in this presentation are included solely for informational purposes and, in certain cases, as examples of companies in the asset class in which the Fund may invest, and any such trademarks and business names are owned by their respective trademark owners. While the companies represented by such trademarks and business names may be invested in by the Fund, there is no guarantee that such companies will be invested in by the Fund.