Disclosure

​Acalyx Advisors, Inc. (“Acalyx”) is acting as placement agent for its clients. Acalyx is not a client of its investment adviser clients or an investor in its clients’ funds. Acalyx is not acting on behalf of potential investors, who should be aware that (i) Acalyx is entitled to compensation for referring investors to its clients’ funds and therefore has a material incentive to solicit investors to commit capital to its clients’ funds, (ii) such compensation, and Acalyx’s potential interest in other engagements for its clients, and (iii) the opportunity for Acalyx personnel to invest in its clients’ funds with potentially beneficial economic terms gives rise to conflicts of interest between Acalyx and potential investors. This communication is intended for institutional investors only and may include confidential information which is for use by the intended addressee only.

The information contained in our email communications as well as any attachments is for information purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy any security. It does not constitute a recommendation or take into account the particular investment objectives, financial conditions, or needs of specific investors. Past performance is not indicative or a guarantee of future performance. We do not provide tax, accounting, or legal advice, and all investors are advised to consult with their tax, accounting, or legal advisers regarding any potential investment. The information and any opinions contained in this email communication have been obtained from sources that we consider reliable, but we do not represent such information and opinions are accurate or complete, and thus should not be relied upon as such.