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y the applicable Portfolio Managers. Millennium may negotiate any other appropriate return-enhancing or other arrangements in its sole discretion. Strategy Development There are no substantive limits on the investment strategies that may be pursued by the Fund. The Fund's capital may be invested in strategies othe
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
y the applicable Portfolio Managers. Millennium may negotiate any other appropriate return-enhancing or other arrangements in its sole discretion. Strategy Development There are no substantive limits on the investment strategies that may be pursued by the Fund. The Fund's capital may be invested in strategies othe
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 will seek to hedge the exposure of such interests to minimize, to the exte
y the applicable Portfolio Managers. Millennium may negotiate any other appropriate return-enhancing or other arrangements in its sole discretion. Strategy Development There are no substantive limits on the investment strategies that may be pursued by the Fund. The Fund's capital may be invested in strategies othe
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 will seek to hedge the exposure of such interests to minimize, to the exte
Entities connected to both Strategy Development and the Non-USD Shares

New York
LOCATION
New York State
LOCATION
Mohammed bin Salman
PERSON
Millennium
ORGANIZATIONthe Cayman Islands Monetary Authority
ORGANIZATIONthe Mutual Funds Law
ORGANIZATION
England
LOCATION
United States
LOCATIONMillennium USA LP
ORGANIZATIONCayman Islands Tax Matters
ORGANIZATIONCayman
LOCATIONErnst & Young LLP
ORGANIZATIONLehman
ORGANIZATION
JPMorgan Chase
ORGANIZATION
Tokyo
LOCATION
Marc Rich
PERSONRelated-Party Transactions
ORGANIZATIONCayman Islands Mutual Funds Law
ORGANIZATION
Federal Reserve
ORGANIZATIONLegal and Regulatory Matters Relating
ORGANIZATION