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sor" or manage hedge funds and private equity funds, such as the AlphaKeys Fund, only if certain conditions are satisfied. Among other things, these Volcker Rule conditions generally prohibit banking entities (including UBS and its affiliates) from engaging in "covered transactions" and certain other tr
ntended for long-term investors who can accept the significant risks associated with investing in illiquid assets. Accordingly, an investment in the AlphaKeys Fund should only be considered by persons who can afford a loss of their entire investment and Members should maintain sufficient liquid assets to
ank Act, Section 13 of the BHC Act (known as the "Volcker Rule") restricts the ability of banking entities
Investor, (ii) to invest in the Underlying Fund pending the receipt of capital contributions from Investors and (iii) to cover any shortfall in the AlphaKeys Fund's ability to perform any payment obligations when due. If the AlphaKeys Fund borrows money, its Net Asset Value may be subject to greater flu
ank Act, Section 13 of the BHC Act (known as the "Volcker Rule") restricts the ability of banking entities
Investor, (ii) to invest in the Underlying Fund pending the receipt of capital contributions from Investors and (iii) to cover any shortfall in the AlphaKeys Fund's ability to perform any payment obligations when due. If the AlphaKeys Fund borrows money, its Net Asset Value may be subject to greater flu
Entities connected to both Paul Volcker and AlphaKeys

United States
LOCATION
Ghislaine Maxwell
PERSON
Federal Reserve
ORGANIZATION
U.S. Treasury
ORGANIZATIONCayman
LOCATIONthe District of Columbia
LOCATION
Department of Justice
ORGANIZATION
UBS AG
ORGANIZATION
Cayman Islands
LOCATIONKeogh
ORGANIZATION
Julie K. Brown
PERSON
New York
LOCATION
Samantha Power
PERSONthe U.S. Investment Company Act
ORGANIZATION
Philadelphia
LOCATION
Blackstone
ORGANIZATIONErnst & Young LLP
ORGANIZATION
the Internal Revenue Service
ORGANIZATION
FDIC
ORGANIZATIONNo Assurance of Investment Return
ORGANIZATION