This website is issued: (i) for all purposes, except for issue into the United Kingdom, by Black Toro Capital Fund Management Sarl (“BTCFM”); and (ii) only for purposes of issue into the United Kingdom, by Black Toro Capital LLP (“BTC LLP”). BTC LLP is authorized and regulated by the Financial Service Authority (“FSA”) of the United Kingdom.
To the extent that this website is issued bt BTC LLP, this website may contain information or documents which constitute a financial promotion for the purposes of the Financial Services and Markets Act 2000 and the handbook of rules and guidance issued from time to time by the FSA (the “FSA Rules”). This website is directed exclusively at persons who are professional clients or eligible counterparties for the purposes of the FSA Rules. BTC LLPO neither provides investment advice to, nor receives and transmits orders from, investors in the Fund nor does it carry on any other activities with of for such investors that constitute “MiFID or equivalent third country business” for the purposes of the FSA Rules.
The fund described on this website (the “Fund”) and other investments and investment services to which this website relates are only available to the persons referred to above and other persons should not act or rely on the information contained on this website.
This website is not intended to constitute, and should not be construed as, investment advice. Potential investors in the Fund should seek their own independent financial advice. This website has been provided for informational purposes only and may not be relied upon by you in evaluating the merits of investing in any securities or interests referred to on this website. This website is not intended as and is not to be taken as an offer or solicitation with respect to the purchase or sale of any security or interest, nor does it constitute an offer or solicitation in any jurisdiction, including those in which such an offer or solicitation in not authorized or to any person to whom it is unlawful to make such a solicitation or offer. Any decision to purchase securities or interests with respect to the Fund must be based solely upon the information contained in the Fund’s Private Placement Memorandum, including any supplements thereto, which must be received and reviewed prior to any investment decision. Any person subscribing for an investment must be able to bear the risks involved and must meet the suitability requirements relating to such investments. Some or all alternative investment programs must not be suitable for certain investors.
Certain of the performance results provided on this website were not achieved from the actual management of the Fund, but are instead simulated results achieved by means of the retroactive application of the adviser’s investment methodology, or the real-time application of a hypothetical capital allocation to such strategy. This approach has inherent limitations, including that results may not reflect the impact that material economic and market factors might have had on the adviser’s decision-making of the adviser actually had been managing client money.
Although the information in this website is believed to be material correct, no representation or warranty is given as to the accuracy of any of the information provided. Certain information included in this website is based on information obtained from sources considered to be reliable. However, any projections or analysis provided to assist the recipient of this website in evaluating the matters described on this website may be based on subjective assessments and assumptions and may used one among alternative methodologies that produce different results. Accordingly, any projections or analysis should not be viewed as factual and should not be relied upon as an accurate prediction of future results. Furthermore, to the extend permitted by law, neither the Fund nor any of its agents, service providers or professional advisers assumes any liability or responsibility nor owes any duty of care for any consequences of any person acting or refraining to act in reliance on the information contained in this website or for any decision based on it.
Past performance is not necessarily indicative of future results. the actual performance realized by any given investor will depend on, amongst other things, the class of shares/interests subscribed for the period during which such shares/interests are held and in what currency such shares/interests are held. This website may include returns for various indices. These indices are not intended to be direct benchmarks for the Fund, nor are they intended to be indicative of the type of assets in which the Fund may invest. the assets invested in by the Fund will likely be materially different from the assets underlying these indices, and will likely have a significantly different risk profile. Target returns quoted are targets only and are based over the long term on the performance projections of the investment strategy and market interest rates and other conditions at time of modeling and therefore may charge.
Among the risks we wish to call to the particular attention of prospective investors are the following: (1) the Fund’s investment programme is speculative in nature and entails substantial risks; (2) the investments of the Fund may be subject to sudden and large falls in price or value and there could be a large loss upon realization of a holder’s investment, which equal the total amount invested; (3) as there is not recognized market for many of the investments of the Fund, it may be difficult or impossible for the Fund to obtain complete and/or reliable information about the value of such investments or the extent of the risks to which such investments are exposed; (4) the use of a single adviser could mean a lack of diversification and, consequently, higher risk, and may depend upon the services of key personnel, and if certain or all of them become unavailable, the Fund may prematurely terminate; (5) an investment in the Fund is illiquid and there is no secondary market for the sale of interests in the Fund and none is expected to develop; (6) there are restrictions on transferring interests in the Funds; (7) the investment manager will receive performance-based compensation, which may result in riskier investments, and the Fund’s fees may offset trading profits; (8) the Fund is subject to certain conflicts of interest; (9) certain securities and instruments in which the Fund may invest can be highly volatile; (10) the Fund may be leveraged; (11) a substantial portion of the trades executed for the Fund takes place on non-U.S exchanges; and (12) changes in rates of exchange may also have and adverse effect of the value, price or income of the investments of each fund.
This does not constitute an offer for sale.
The data supplied has not beeb audited and is provided for information purposes only.
Black Toro Capital Partners Sarli is registered in 8A Boulevard de la Foire, L-1528 Luxembourg, with registration number B186375
© 2015 Black Toro Capital fund Management Sarl.