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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
he Administrator or any of their respective affiliates and (ii) does not necessarily reflect the views or opinions of UBS or any of its affiliates. 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
Included in the Dodd-Frank Act is the so-called -Volcker Rule," which takes the form of new Section 13 of
nvest in the Partnership as a part of an overall investment strategy, and only tf the investor is able to withstand a total loss of its investment. No Assurance of Investment Return. The General Partner, the Investment Advisor and/or any of their affiliates cannot provide assurance that they will be able to choose, make, and rea
e BHC Act and related regulations (known as the "Volcker Rule") restrict the ability of a banking entity,
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
ank Act, Section 13 of the BHC Act (known as the "Volcker Rule") restricts the ability of banking entities
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
ank Act, Section 13 of the BHC Act (known as the "Volcker Rule") restricts the ability of banking entities
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
Entities connected to both Paul Volcker and No Assurance of Investment Return

Prince Andrew
PERSON
United States
LOCATION
Ghislaine Maxwell
PERSON
United Kingdom
LOCATION
Stephen Hawking
PERSON
U.S. Treasury
ORGANIZATION
Federal Reserve
ORGANIZATIONCayman
LOCATIONthe District of Columbia
LOCATION
Goldman Sachs
ORGANIZATIONthe U.S. Investment Company Act
ORGANIZATION
New York
LOCATIONKeogh
ORGANIZATION
Cayman Islands
LOCATION
Philadelphia
LOCATION
UBS AG
ORGANIZATIONThe Placement Fee
ORGANIZATIONthe Underlying Fund Management Fee
ORGANIZATIONBank Holding Company Act Considerations
ORGANIZATION
the Internal Revenue Service
ORGANIZATION