Epstein Secrets

HUBUS133 Alpha Group Capital LLC ("HBC LLC"), which is an indirect wholly-owned subsidiary of the Onshore Fund. The General Partner is the general partner of the MLP Fund. The

se operative documents should be carefully reviewed prior to making an investment in the Funds. The Multi-Strat Funds Management Fee Investors in the Multi-Strat Funds are typically charged a fixed management fee equal to 2% per annum of the amount invested in a particular Multi-Strat Fund (the "Multi-Strat Manage

HUBUS133 Alpha Group Capital As of the date of this Brochure, Hudson Bay Capital categorizes its Multi-Strat Fund strategies into the following groups in its reports to investo

tibles; and (iv) credit. Certain of the specific trading strategies and techniques (including sub-strategies) that have historically been used for the Multi-Strat Funds are outlined below for illustrative purposes. The following does not purport to be a complete list of all trading strategies employed, and certain

HUBUS133 Alpha Group Capital Options The Multi-Swat Funds may write (i.e., sell) and purchase put and call options. Sales of options where the Multi-Swat Funds does not own th

ption. Volatility is a principal component of options pricing. If the volatility in the market for the asset underlying the options held or sold by the Multi-Strat Funds changes materially, the Multi-Strat Funds directly could incur substantial losses even if the options in question would have generated substantial