The information contained herein has been prepared solely for informational purposes and is not an offer to buy or sell or a solicitation of an offer to buy or sell any limited partnership interests or to participate in any trading strategy. If any offer of interest in the funds is made, it shall be pursuant to a definitive Offering Memorandum prepared by or on behalf of the Funds which would contain material information not contained herein and which shall supersede this information in its entirety. Any decision to invest in the Funds described herein should be made after reviewing such definitive Offering Memorandum, conducting such investigations as the investor deems necessary and consulting the investor's own investment, legal, accounting and tax advisors in order to make an independent determination of the suitability and consequences of an investment in the securities.

Notwithstanding any other statement contained herein, the General Partner, INTL Consilium LLC, the Investment Manager, the Advisor and the Management Company and the Funds' Advisors authorize each investor and each of its employees, representatives or other agents, from and after the commencement of any discussions with any such party, to disclose to any and all persons without limitation of any kind the tax treatment and tax structure of the Funds and any transaction entered into by the Funds and all materials of any kind (including opinions or other tax analyses) relating to such tax treatment or tax structure that are provided to such limited partner, except for any information identifying the General Partner, INTL Consilium, the Investment Manager, the Advisor, the Management Company or the Fund or (except to the extent relevant to such tax structure or tax treatment) any nonpublic commercial or financial information.

INTL Consilium is a limited liability corporation.