VESTMENT PORTFOLIO MAY BE SUBJECT. (SEE "CERTAIN RISK FACTORS") MANAGEMENT OF THE PARTNERSHIP The General Partner SAB Capital Advisors, L.L.C., is the General Partner of the Partnership. The affairs of the Partnership, including its investment portfolio, are managed by Scott A. Bommer who serves as the managing member (the "Managin

to make sure. In addition to the foregoing limitations, the PPM states that withdrawals or payments of withdrawals may be suspended or postponed by the General Partner of the Partnership during the times when the Master Fund is not permitting withdrawals by Feeder Funds, which can occur under a broad set of circumstances. The Master

artnership. The General Partner pays its own overhead expenses. EFTA00295621 Indemnifications — Under the Partnership's organizational documents, the General Partner of the Partnership is indemnified against certain liabilities arising out of the performance of its duties for the Partnership. In addition, in the normal course of b