Disclaimer

Stonehaven, LLC Disclaimer & Disclosure

Stonehaven, LLC (“Stonehaven”) is a SEC Registered Broker Dealer and FINRA Member Firm.  Stonehaven provides institutional placement agent services and is compensated for referred investors which allocate to investment vehicles that are managed by investment managers which are contractually engaged by Stonehaven. The compensatory parameters set forth between Stonehaven and the investment managers which are contractually engaged by the firm generally range between 15% and 30% of the management and incentive fees charged by open-end vehicles or between 50 and 300 basis points of the aggregate capital raised for closed-end vehicles contingent upon the transactional situation. There may be variances to these ranges. These compensatory parameters do not have any impact on the net fees that the investor would be accountable for by the investment manager if the investor had made a direct investment in the investment vehicle without the introduction of Stonehaven, LLC.  The foregoing material is provided for informational purposes only as of the date hereof, is not complete, may not contain certain material information about an investment manager or product, including important disclosures and risk factors associated with an investment in a private placement, and is subject to change without notice. This information is not intended to be, nor should it be construed or used as, financial, legal, tax or investment advice or an offer to sell, or a solicitation of any offer to buy or sell an interest in any private placement. No offer or solicitation may be made prior to the delivery of appropriate private placement offering documents to qualified prospective investors. This information does not take into account the particular investment objectives or financial circumstances of any specific person who may receive it. More complete disclosures and the terms and conditions relating to an investment in a particular private placement is contained in the proper set of offering documents. Before making any investment, prospective investors should thoroughly and carefully review offering documents with their financial, legal and tax advisor to determine whether an investment is suitable for them. An investment in any particular private placement is not suitable for all investors. Although Stonehaven may provide this summary information, Stonehaven does not provide “due diligence” on an investor’s behalf and is not responsible for an investor’s investment decisions.

Performance results are generally net of applicable fees and reflect reinvestment of profits. No representation is made that any investment manager or product will or is likely to achieve its objectives or that any investor will or is likely to achieve results comparable to those shown or will make any profit at all or will be able to avoid incurring substantial losses. Past performance is no guarantee of future results.

Some or all of the information contained herein, including investment returns, valuations, fund targets and strategies, has been supplied by third party sources, including the investment products and their managers or other representatives, and, although believed to be reliable, this information has not been independently verified and cannot be guaranteed. Stonehaven makes no representations or warranties, written or expressed, as to the accuracy, timeliness or completeness of such information. Financial indicators and benchmarks are unmanaged, do not reflect any management fees, assume reinvestment of income, are for illustration purposes only, and have limitations when used for such purposes because they may have volatility, credit, or other material characteristics that are different from a particular private placement investment opportunity. This material is confidential, is intended only for the person to whom it has been sent and under no circumstance may a copy be shown, copied, transmitted, or otherwise given to any person other than the authorized recipient.

Alternative Investment Risk Disclosure

Interests in any alternative investment vehicle are offered only pursuant to the terms of a Confidential Private Placement Memorandum (the “Memorandum”), which is furnished only to qualified investors on a confidential basis for their consideration in connection with the private offering of limited partnership interests. The Information contained on this website may not be reproduced or redistributed without the written approval of Stonehaven.

No person has been authorized to make any statement concerning any private placement other than as set forth in the Memorandum, and such statements, if made, may not be relied upon. The information contained on this website is qualified in its entirety by the more complete information contained in the Memoranda.  This website is not an offer to sell or a solicitation of any interests in any private fund offered through Stonehaven. Stonehaven and its affiliates make no representation as to the accuracy or completeness of the information contained on this website or that is received by Stonehaven. Investors should note the following regarding alternative investments:

  • They are not subject to the same regulatory requirements as mutual funds, including mutual fund requirements to provide certain periodic and standardized pricing and valuation information to investors;
  • They are speculative and involve a high degree of risk;
  • Investors could lose all or a substantial amount of their investment;
  • Interests may be illiquid and there may be significant restrictions in transfer. There is no secondary market for interests, and none is expected to develop;
  • They may be leveraged, and their performance may be volatile;
  • They have high fees and expenses that will reduce returns;
  • They may involve complex tax structures;
  • They may involve structures or strategies that may cause delays in important tax information being sent to investors;
  • They and their managers/advisers may be subject to various conflicts of interest;
  • They may hold concentrated positions with a limited number of investments;
  • They, or their underlying fund investments, may invest a substantial portion of their assets in emerging markets, which could mean higher risk;

The list set forth here is not a complete list of the risks and other important disclosures associated with such investments and is subject to the more complete risk and disclosures contained in the applicable confidential offering documents. For a more complete discussion of risks relating to these types of investments, qualified prospective investors should consult the Memorandum.

Any opinions expressed in this document may be subject to change without notice. Stonehaven is not soliciting or recommending any action based on this material.

Readership: 

This document is intended solely for the addressee(s) and may not be redistributed without the prior permission of Stonehaven.  Its content may be confidential.  Stonehaven and its subsidiaries are not responsible for any unlawful distribution of this document to any third parties, in whole or in part.

Risk Warning: 

Past performance is not indicative of future results. Our investment management services relate to a variety of investments, each of which can fluctuate in value. The value of portfolios we manage may fall as well as rise, and the investor may not get back the full amount originally invested. The investment risks vary between different types of instruments. For example, for investments involving exposure to a currency other than that in which the portfolio is denominated, changes in the rate of exchange may cause the value of investments, and consequently the value of the portfolio, to go up or down. In the case of a higher volatility portfolio the loss on realization or cancellation may be very high (including total loss of investment), as the value of such an investment may fall suddenly and substantially. In making an investment decision, prospective investors must rely on their own examination of the merits and risks involved.

Parts of this presentation may be based on information received from sources we consider reliable. We do not represent that all of this information is accurate or complete, however, and it may not be relied upon as such.