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wn individual circumstances and the laws applicable to them. Each of the Master Partnership and the Feeder Funds is exempt from registration under the U.S. Investment Company Act of 1940, as amended (the "Investment Company Act"), pursuant to Section 3(cX7) thereof. The General Partner is registered as an investment adviser
00239344 FOR EXISTING INVESTOR USE ONLY and therefore, as described below under "Certain Tax Matters Relating to the Master Partnership — Certain Cayman Islands Tax Matters," general and limited partners in the Master Partnership are not currently subject to income, corporation, capital gains or other taxes in the Caym
wn individual circumstances and the laws applicable to them. Each of the Master Partnership and the Feeder Funds is exempt from registration under the U.S. Investment Company Act of 1940, as amended (the "Investment Company Act"), pursuant to Section 3(cX7) of that act, and they therefore are not subject to registration the
limited partnership in the Cayman Islands and therefore, as described below under "Certain Tax Matters Relating to the Master Partnership — Certain Cayman Islands Tax Matters," general and limited partners in the Master Partnership are not currently subject to income, corporation, capital gains or other taxes in the Cayma
wn individual circumstances and the laws applicable to them. Each of the Master Partnership and the Feeder Funds is exempt from registration under the U.S. Investment Company Act of 1940, as amended (the "Investment Company Act"), pursuant to Section 3(cX7) of that act, and they therefore are not subject to registration the
limited partnership in the Cayman Islands and therefore, as described below under "Certain Tax Matters Relating to the Master Partnership — Certain Cayman Islands Tax Matters," general and limited partners in the Master Partnership are not currently subject to income, corporation, capital gains or other taxes in the Cayma
Entities connected to both the U.S. Investment Company Act and Cayman Islands Tax Matters

United States
LOCATION
Samantha Power
PERSON
Ghislaine Maxwell
PERSONthe State of New York
LOCATION
the Internal Revenue Service
ORGANIZATIONCayman
LOCATION
United Kingdom
LOCATION
the Cayman Islands
LOCATIONKeogh
ORGANIZATIONReliance
ORGANIZATION
Luxembourg
LOCATION
New York
LOCATION
New York State
LOCATIONthe Securities and Exchange Commission
ORGANIZATIONthe Cayman Islands Monetary Authority
ORGANIZATION
Millennium
ORGANIZATIONErnst & Young LLP
ORGANIZATIONthe U.S. Investment Advisers Act
ORGANIZATIONSpecial Limited
ORGANIZATION
Internal Revenue Service
ORGANIZATION