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ole discretion, to make such an offer to one or more Investors and not to the other Investors, and may do so without notice to the other Investors. No Assurance of Investment Return. The AlphaKeys Fund is intended for long-term Investors who can accept the significant risks associated with investing in illiquid securities. There
nderlying Fund, which is subject to the withdrawal terms of the Underlying Fund and may be delayed or suspended altogether. See "Millennium USA's Organization, Management, Structure, and Operations" in Part One of the Underlying Fund Memorandum. The Administrator may determine to satisfy a withdrawal request in full, without a
le discretion, to make such an offer to one or more Investors and not to the other Investors, and may do so without notice to the other Investors. No Assurance of Investment Return. The AlphaKeys Fund is intended for long-term Investors who can accept the significant risks associated with investing in illiquid securities. ML2
Interests of Millennium USA 1-24 Millennium USA's Investment Program and Strategy 1-26 Use of Proceeds by Millennium USA I-26 Millennium USA's Organization, Management, Structure, and Operations 1-26 Management of Millennium USA I-33 The Administrator I-33 Fees and Expenses Relating to Millennium USA 1-35 Allocation of
le discretion, to make such an offer to one or more Investors and not to the other Investors, and may do so without notice to the other Investors. No Assurance of Investment Return. The AlphaKeys Fund is intended for long-term Investors who can accept the significant risks associated with investing in illiquid securities. -MA
Interests of Millennium USA 1-24 Millennium USA's Investment Program and Strategy 1-26 Use of Proceeds by Millennium USA I-26 Millennium USA's Organization, Management, Structure, and Operations 1-26 Management of Millennium USA I-33 The Administrator I-33 Fees and Expenses Relating to Millennium USA 1-35 Allocation of
Entities connected to both No Assurance of Investment Return and Organization, Management, Structure
Cayman
LOCATION
United States
LOCATION
U.S. Treasury
ORGANIZATIONErnst & Young LLP
ORGANIZATION
Paul Volcker
PERSONthe U.S. Investment Company Act
ORGANIZATION
UBS AG
ORGANIZATIONThe Master Partnership's Organization
ORGANIZATION
Millennium
ORGANIZATIONManagement of Millennium USA
ORGANIZATIONBank Holding Company Act Considerations
ORGANIZATION
the Internal Revenue Service
ORGANIZATION
New York
LOCATIONthe District of Columbia
LOCATIONthe Underlying Fund Management Fee
ORGANIZATIONMillennium Partners
ORGANIZATIONMillennium USA's
LOCATIONClasses of Interests
ORGANIZATIONSchulte Roth & Zabel LLP
ORGANIZATIONOrganization, Management
ORGANIZATION