ners, and there is a potential for additional conflicts of interest between the Fund and such co-investors since they may have diverging interests. Long-Term Investment An investment in the Fund requires a long-term commitment. The Fund may choose to hold its investments for longer than the anticipated five (5)- to

the Fund's Partnership Agreement could be disruptive to the smooth operation of the Fund or otherwise frustrate the expectations of the Partners. Long-Term Investment An investment in the Fund is a long-term commitment and there is no assurance of any distribution to the Limited Partners. Limited Transferability

cation of investment opportunities by the General Partner will not give rise to conflicts of interest between the investors of the respective funds. Long-Term Investment An investment in the Fund is a long-term commitment, and there is no assurance of any distribution to the Limited Partners prior to or upon liquidati