Pacific Alternative Asset Management Company, LLC (“PAAMCO U.S.”) is the investment adviser to all client accounts and all performance of client accounts is that of PAAMCO U.S. Pacific Alternative Asset Management Company Asia Pte. Ltd. (“PAAMCO Asia”), Pacific Alternative Asset Management Company Europe LLP (“PAAMCO Europe”), PAAMCO Miren Portföy Yönetimi A.Ş. (“PAAMCO Turkey”), Pacific Alternative Asset Management Company Mexico, S.C. (“PAAMCO Mexico”), and PAAMCO Colombia S.A.S. (“PAAMCO Colombia”) are subsidiaries of PAAMCO U.S. “PAAMCO” refers to PAAMCO U.S., PAAMCO Asia, PAAMCO Europe, PAAMCO Turkey, PAAMCO Mexico, and PAAMCO Colombia, collectively.

The information contained on this website is intended for discussion purposes only. The information included herein is highly confidential, intended for review by the recipient only, and should not be disseminated or be made available for public use or to any other source. It is not an offer or a solicitation for the sale of a security nor shall there be any sale of a security in any jurisdiction where such offer, solicitation or sale would be unlawful. An investment with PAAMCO (whether through a commingled fund or on a separate account basis) involves a degree of risk, and may only be made pursuant to the respective offering documents and organizational materials governing such investment. Past performance of the clients of PAAMCO, or any of its employees or principals, may not be indicative of future results, and there is no guarantee that targeted performance will be achieved. The entirety of investors’ capital is at risk.

Pacific Alternative Asset Management Company is a registered trademark in the United States, Canada, Japan, Singapore, Australia and Mexico. PAAMCO is a registered trademark in the United States, Canada, Europe, Japan, Australia and Mexico. Pacific Alternative Asset Management Company Europe and PAAMCO Europe are registered trademarks in Europe. Pacific Alternative Asset Management Company Asia and PAAMCO Asia are registered trademarks in Singapore. completeAlpha is a registered trademark in Singapore, Japan, the EU, the U.S. and Canada and it is a trademark of PAAMCO in Australia.

For Published Articles: Documents and articles contain the current, good faith opinions of the authors but not necessarily those of Pacific Alternative Asset Management Company, LLC and its subsidiaries (collectively, “PAAMCO”). The documents are meant for educational purposes only and should not be considered as investment advice or a recommendation of any type.  The documents may contain forward-looking statements.  These are based upon a number of assumptions concerning future conditions that ultimately may prove to be inaccurate. Such forward-looking statements are subject to risks and uncertainties and may be affected by various factors that may cause actual results to differ materially from those in the forward-looking statements.  Any forward-looking statements speak only as of the date they are made and PAAMCO assumes no duty to and does not undertake to update forward-looking statements.

PAAMCO does not make any warranty as to the accuracy, reliability or completeness of figures, opinions, information or generally as to the content of this document and cannot be held responsible for any loss or damage, whether direct or indirect, resulting from or related to the use or consultation of this document or of the information herein.

The information provided on PAAMCO’s Industry Rankings is not intended to reflect approval of PAAMCO in any way. PAAMCO’s receipt of these awards is in no way indicative of any individual client or investor’s experience with PAAMCO or of PAAMCO’s future performance. The criteria used to determine winners of the awards, recognition and rankings varies and includes confidential employee surveys, a publication’s perception of the firm’s thought leadership/influence in the hedge fund industry, an organization’s perception of the firm’s contributions to the community and the perception by journalists and investors of the firm’s role as a standard bearer in the hedge fund industry. Though PAAMCO is occasionally asked to provide information as an input to the surveys, PAAMCO rarely is given the opportunity to review or confirm the material used to determine the awards/rankings. Further, PAAMCO does not confirm or review the accuracy of the rankings. PAAMCO is unaware of any factor that could call into question the validity of the rankings or of any other unfavorable ranking. PAAMCO did not pay a fee to participate in the surveys.