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ct mrsuant to Section 310:1) cc 3C:(7i thereof This Massy Application Form, induding the Subscription Agreement and the Funts Amended and Restated Limited Liability Company Agreement Any is itterest such a the right so share gains and losses This does not include the receipt of a management or performance fee for operating a
hereto A swap. structured note a Other derivative marmot the ram from which is based in whole or in part on the return of the Fund A third party UBS Fund Advisor, LLC . or an fl ee theme in r capacity as irriestrna advise to the Fund or as administrator to the Fund, es disclosed is the Memorandum Unrested b
dvisor FINRA Fund Agreement Fund Parties This Investor Apparition Form, including the Subscription Agreement and the Funds Amended and Restated Limited Liability Company Agreement Any economic edema such a the right to share gains and losses. This does not include the receipt of a management or performance lee for operating
eto A swap, structured note or other cinnamic nstrurnem. the return Ironi wØ n based in whole or rn part on the return of the Fund A third party UBS Fund Advisor. ac, or an af fatale thereof. in its capacity as investment adviser to the Fund or as adrrmistretor to the Fund. a chsdized in the Memorandum Unr
AlphaKeys European Real Estate Opportunities Fund ll, C.L.C. (the "AlohaKevs Fund"). This summary is qualified in its entirety by reference to the Limited Liability Company Agreement of the AlphaKeys Fund (as amended from time to time, the "L(C Agreement") and the investor application (the "Investor Application"), both of which s
y this Memorandum, other than as set forth herein, and any such statements, if made, may not be relied upon. The AlphaKeys Fund is member-managed. UBS Fund Advisor, L.L.C., a Delaware limited liability company (the "Administrator") has been appointed as Administrator to the AlphaKeys Fund. Further, under the LL
Entities connected to both Limited Liability Company Agreement and UBS Fund Advisor

United States
LOCATION
Ghislaine Maxwell
PERSON
UBS AG
ORGANIZATION
Samantha Power
PERSONthe Securities and Exchange Commission
ORGANIZATIONUBSFA
ORGANIZATION
Internal Revenue Service
ORGANIZATIONthe State of New York
LOCATION
George W. Bush
PERSON
the U.S. Treasury Department
ORGANIZATION
Limited Liability Company
ORGANIZATIONUBS Financial Advisor
ORGANIZATIONDelegate
ORGANIZATIONthe Fund or Placement Agent
ORGANIZATIONThis Placement Fee
ORGANIZATIONAl Investor Service
ORGANIZATIONthe Incentive Allocation
ORGANIZATIONThe Placement Agent's
ORGANIZATIONCollective Investment
ORGANIZATION
Eric Holder
PERSON