. Limited Partners will therefore be relying on the ability of the General Partner and the Investment Advisor to select the Investments to be made. Non-Controlling Investments; Investments with Third Ponies The Partnership may hold a non- controlling interest in certain Investments and, therefore, may have a limited ability

Partners of the Fund. An investor that receives assets other than cash from the Fund may incur costs and delays in converting those assets to cash. Non-Controlling Investments The Fund generally expects to make non-controlling investments in portfolio companies where the Fund may not be able to control or effectively influ