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r, most recently as Managing Director and Head of Capital Formation International in London. Prior to joining Fortress, Mr. Novogratz consulted for Applied Development, a real estate development company, where he focused on raising capital to finance large projects. Prior to working with Applied, Mr. Novogratz hel
on-USD Shares, and the Feeder Funds may in the future offer other interests which have different functional currencies or reference assets. As with the Non-USD Shares, the terms of such interests may provide that the applicable Feeder Fund may seek to hedge the exposure of such interests to minimize, to the exten
r, most recently as Managing Director and Head of Capital Formation International in London. Prior to joining Fortress, Mr. Novogratz consulted for Applied Development, a real estate development company, where he focused on raising capital to finance large projects. Prior to working with Applied, Mr. Novogratz hel
rne by the holders of the relevant sub-classes of Non-USD Shares. There can be no assurance that the currency hedging activities in connection with the Non-USD Shares will be effective. In addition, there can be no assurance that the currency hedging activities will fully protect investors from a decline in the v
r, most recently as Managing Director and Head of Capital Formation International in London. Prior to joining Fortress, Mr. Novogratz consulted for Applied Development, a real estate development company, where he focused on raising capital to finance large projects. Prior to working with Applied, Mr. Novogratz hel
rne by the holders of the relevant sub-classes of Non-USD Shares. There can be no assurance that the currency hedging activities in connection with the Non-USD Shares will be effective. In addition, there can be no assurance that the currency hedging activities will fully protect investors from a decline in the v
Entities connected to both Applied Development and the Non-USD Shares

Millennium
ORGANIZATIONMillennium USA LP
ORGANIZATION
England
LOCATION
New York State
LOCATIONCayman Islands Tax Matters
ORGANIZATIONLehman
ORGANIZATION
Mohammed bin Salman
PERSON
New York
LOCATION
United States
LOCATIONErnst & Young LLP
ORGANIZATIONthe Mutual Funds Law
ORGANIZATIONthe Cayman Islands Monetary Authority
ORGANIZATIONCayman
LOCATION
Tokyo
LOCATION
JPMorgan Chase
ORGANIZATION
Ghislaine Maxwell
PERSONthe "Service
ORGANIZATION
Goldman Sachs Asset Management
ORGANIZATION
Fortress Investment Group
ORGANIZATIONDavid Nolan
PERSON