The information contained herein is for informational purposes only and should not be construed or relied upon as legal, tax, or investment advice or as an offer to sell or a solicitation of an offer to buy an interest in any fund, investment product, or vehicle managed by Club Capital, LLC.

The views expressed are those of Club Capital, LLC at the time of presentation and are subject to change. Any investment involves significant risks, including loss of the entire investment. Any forecasts and estimates (including, without limitation, any targeted rates of return) contained herein are necessarily speculative in nature, involve elements of subjective judgment and analysis, and are based upon certain assumptions and the best judgment of Club Capital, LLC. Actual results will differ and may vary substantially from the results shown herein or projected.