Epstein Secrets

Fund or the Master Fund Partnership Agreement will not change prior to the final closing of the Master Fund and without notice to the investors in the Feeder Funds. This Memorandum describes the principal terms that apply to an investment in the Feeder Funds and certain other information that relates specifica

interest in a Feeder Fund differ from those applicable to an investor that directly holds an interest in the Master Fund, notwithstanding that the Onshore Feeder Fund is a limited partner of the Master Fund. This is not an offering of interests in the Master Fund, although an investor should be fully informed abou

(ii) is effected to correct manifest errors or inconsistencies, (iii) is effected to grant Limited Partners the rights necessary for the assets of the Feeder Funds not to be subject to consolidation for financial reporting purposes with the Investment Manager or any of its affiliates, (iv) is necessary in ord

, including addressing the implementation of regulations or rules related to FATCA, which amendment may include reorganizing or reconstituting the Onshore Feeder Fund, but only to the extent such amendment does not materially adversely affect the economic returns of the Limited Partners; provided that no such ame

(ii) is effected to correct manifest errors or inconsistencies, (iii) is effected to grant Limited Partners the rights necessary for the assets of the Feeder Funds not to be subject to consolidation for financial reporting purposes with the Investment Manager or any of its affiliates, (iv) is necessary in ord

, including addressing the implementation of regulations or rules related to FATCA, which amendment may include reorganizing or reconstituting the Onshore Feeder Fund, but only to the extent such amendment does not materially adversely affect the economic returns of the Limited Partners; provided that no such ame

s in the Onshore Feeder Fund. All private equity investments involve a risk of loss of capital. No assurances can be given that the Master Fund or the Feeder Funds will achieve their investment objectives or that Limited Partners will not suffer loss. An investment in a Feeder Fund is highly speculative and in

es of investors into the Master Fund. The Onshore Feeder Fund's sole objective is to invest in the Master Fund and, other than such investment, the Onshore Feeder Fund is not expected to have any material operations. Substantially all of the capital contributions to the Onshore Feeder Fund will be contributed by th