Epstein Secrets

Management Fee is paid. The Management Company may, without the consent of Limited Partners, cause the Management Fee to be charged to, and paid by, the Master Fund and the Old Domestic Fund (pro rata based on their relative net asset values), instead of the Partnership. A p rata portion of the Management Fee

HUBUS133 Alpha Group Capital Sec. 2.07 Management Fee; Payment of Certain Costs and Expenses. The Partnership shall pay to the Management Company on the first day of each fisc

esentative of their current or future investment approach. "Master-Feeder" Structure The Partnership invests a substantial portion of its assets in the Master Fund, through a "master-feeder" structure. Currently, only the Partnership and the Intermediate Fund directly invest in the Master Fund. Although the Of

HUBUS133 Alpha Group Capital George Antonopoulos — Mr. Antonopoulos is a member of the General Partner and a Managing Partner and portfolio manager within the direct investment

pon the Partnership's net capital under management, subject to a minimum monthly fee. The Administrator provides substantially the same services to the Master Fund. CONFLICTS OF INTEREST The Management Company, the General Partner and their affiliates (including their Principals and employees) are subject, an

HUBUS133 Alpha Group Capital Administrator (other than by reason of gross negligence, willful misconduct, fraud or willful default on the part of the Administrator). The Admin

financing and other agreements. Non-U.S. Domicile of the Master Fund A substantial portion of the Partnership's investable assets are invested in the Master Fund. The Master Fund is incorporated in the Cayman Islands. It may be more difficult for Limited Partners to bring claims and/or enforce judgments in p

HUBUS133 Alpha Group Capital GAAP. A qualified report by the auditors could have an adverse impact on the Underlying Funds' financing and other agreements. Non-U.S. Domicile o

o the Master Fund Board of Directors The Master Fund Board of Directors are not required to devote their full time and attention to the business of the Master Fund and may serve as directors of other investment vehicles. Accordingly, to the extent that the interests of the Master Fund and such other investment

HUBUS133 Alpha Group Capital The Management Company and its affiliates may engage in a wide variety of business transactions with, or may have ownership interests in, Service P

istribution of property as a distribution of cash would not apply. Tax Treatment of Partnership Investments In General. Each of the Partnership and the Master Fund is engaged in a trade or business as a trader in securities and commodities. However, the Partnership or the Master Fund may acquire and separately

HUBUS133 Alpha Group Capital Distributions of Property. A partner's receipt of a distribution of property from a partnership is generally not taxable. However, under Section 7