Our Funds

The information contained in these materials is not intended and should not be used or construed as an offer to sell, or a solicitation of any offer to buy, securities of any fund or other investment product in any jurisdiction. No such offer or solicitation may be made prior to the delivery of definitive offering documentation (including but not limited to the limited partnership agreement, private placement memorandum, and subscription agreement for the fund (collectively, the “Definitive Agreements”)).

The information in these materials is not intended and should not be construed as investment, tax, legal, financial or other advice.

If Inventors are interested in purchasing interests in the fund, the information contained in these materials must be read in conjunction with the Definitive Agreements in order to fully understand all of the implications and risk of the offering of interests in the Definitive Agreements.

Further, the information contained in these materials is being provided on a confidential basis. These materials are highly confidential and contain trade secrets and may not be reproduced, in whole or in part, or distributed except by authorized representatives of the fund.

There are substantial risks in investing in a private fund. Investors interested in investing in a private fund should carefully note the following:

• Private funds may be less transparent as compared to publicly available investments, and investors in private funds are afforded less regulatory protections than investors in publicly
available investments.
• A fund represents a speculative investment and involves a high degree of risk. Investors may lose their entire investment in the fund or could lose a substantial portion of their investment. Investors must have the financial ability, sophistication, experience and willingness to bear the risks of an investment in a fund.
• An investment in a fund should be discretionary capital set aside strictly for speculative purposes.
• An investment in a fund is not suitable or desirable for all investors. Only certain persons meeting certain additional eligibility criteria may invest in a fund. Interests in a private fund are sold on a private placement basis and eligible investors typically must be accredited investors.
• A fund may employ leverage and other investment techniques, and such leverage and other investment techniques may result in increased volatility of the fund’s performance and increased risk of loss.
• Fund investments are illiquid and there are generally significant restrictions on transferring interests in a fund. There will likely be no secondary market for the interests of a fund.
• A fund may have limited or no operating history. Past performance, if any, is not indicative of future results.
• The general partner or manager of a fund will have certain discretionary authority over the fund’s assets.
• The general partner or manager of a fund may take several years to invest a fund’s capital. Investors in a fund likely will not realize the full benefits of their investments in the near term, and there will likely be little or no near-term distributions made to investors during the periods in which the fund raises capital and acquires properties and assets. The fund cannot guarantee it will make distributions.
• A fund may make a limited number of investments, and such investments typically will involve a high degree of risk and may utilize significant leverage. The overall performance of the fund may be substantially and adversely affected by a single investment.
• A fund that focuses on real estate involves certain risks, including but not limited to increases in real estate taxes, insurance, and other costs, increases in interest rates and lack of availability of financing, costs associated with vacant and undeveloped land, tenant turnover and vacancies, tenants’ inability to pay rent, and changes in supply of or demand for similar properties in a given market.
• The fund’s operating results will be affected by global, national, and market conditions generally and by the local economic conditions where it properties are located, including changes with respect to rising vacancy rates or decreases in market rental rates and property values, fluctuations in the average occupancy, inability to lease space on favorable terms, bankruptcies, financial difficulties or lease defaults by tenants, and changes in government rules, regulations, and policies, such as property taxes, zoning laws, limitations on rental rates, and compliance costs with respect to environmental and other laws.
• A fund generally involves a complex tax structure, which should be reviewed carefully. A fund’s investment strategy may cause delays in important tax information being sent to investors.
• The management fees earned by the general partner or manager of a fund and expenses may be substantial regardless of whether the fund has a positive return, and will offset the fund’s profits.
• There are likely to be a number of conflicts of interest or potential conflicts of interest in connection with the general partner’s or manager’s management of fund assets.

The above summary is not a complete list of the risks and other important disclosures involved in investing in funds. Before making any investment in a fund, investors are advised to thoroughly and carefully review offering documentation with their financial, legal, and tax advisors to determine whether an investment is suitable.

Certain information contained in these materials may constitute “forward-looking statements,” which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “anticipate,” “target,” “project,” “estimate,” “intend,” “continue” or “believe,” or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events or results or the actual performance of the fund may differ materially from those reflected or contemplated in such forward-looking statements.

Additionally, these materials do not contain a complete description of the fund. Any investment in a fund may only be made through the Definitive Agreements, and any decision to invest a fund must solely be based upon the information set forth in the Definitive Agreements, which should be carefully read by potential investors and their respective advisors.