1. Legal Notices and Terms of Use

By entering our website, you acknowledge your agreement with, and understanding of, the following Terms of Use and Privacy Policy pertaining to this website, including all material on it. Your use of this website shall constitute your acceptance of all terms, conditions, disclosures, and notices contained or references in these Terms of Use and Privacy Policy. These Terms of Use and Privacy Policy may be updated by us at any time by posting a revised version of, or amendments to, these Terms of Use and Privacy Policy. Please check these Terms of Use and Privacy Policy periodically for changes. Your continued use of the website after the posting of any such modification shall constitute your acceptance of such revised Terms of Use and Privacy Policy. If you do not agree to abide by these Terms of Use, as may be amended from time to time, for any reason, you are not permitted to use this website.

2. No Offer or Advice

You acknowledge that the content of this website is for general, informational purposes only and is not intended to, and does not, constitute an offer to sell or buy any securities or promise to undertake or solicit business and such content may not be relied upon in connection with any offer or sale of securities. An offer or solicitation will be made only through a final private placement memorandum, subscription agreement and other related documents with respect to a particular investment opportunity and will be subject to the terms and conditions contained in such documents, including the qualifications necessary to become an investor.

We are not utilizing the website to provide investment or other advice, and nothing on the website may be deemed a recommendation that you buy, sell or hold any security or other investment or that you pursue any investment style or strategy. If you would like investment, accounting, tax or legal advice, you should consult with your own advisors with respect to your individual circumstances and needs and not rely on any such advice from us or any of our representatives.

3. No Warranties

We have compiled this website in good faith and while we use reasonable efforts to include accurate and up-to-date information on this website, the website is provided on an “as is” and “as available” basis with no warranties of any kind, either express or implied, including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, or noninfringement. We do not warrant that the information on the website is accurate, reliable, up-to-date or correct, that this website will be available at any particular time or location, that nay defects or errors will be corrected, that unauthorized access to or misappropriation of the content will not occur or that this website is free of viruses or other harmful components. Your use of this website and use or reliance upon any of the materials on it is solely at your own risk. Because some jurisdictions do not permit the exclusion of certain warranties, these exclusions may not apply to you.

4. Modifications to Content

We may, at our discretion, modify or discontinue any of the content of this website, or any portion thereof, with or without notice.

5. Confidentiality and Proprietary Rights

All information available through the privileged area of the website is confidential and proprietary to us. This includes all investment information and prior results, offering materials, financial statements and other information provided through this part of the website.

You will use your best efforts to keep all this information strictly confidential. You will not disclose any of this information to any person or use it for any purpose other than those strictly permitted by us, in writing.

You acknowledge and agree that all content and materials available on the website are protected by copyrights, trademarks, service marks, patents, trade secrets, or other proprietary rights and laws. Except as may be expressly authorized by us under a separate written agreement, you agree not to sell, license, rent, modify, distribute, copy, reproduce, transmit, publicly display, publicly perform, publish, adapt, edit, or create derivative works from such materials or content. Notwithstanding the foregoing sentence, and unless we grant you broader rights under such separate written agreement, you are granted a limited license to print or download one copy of the materials or content on the website on any single computer for your personal, non-commercial use, provided you keep intact all copyright and other proprietary notices; subject, however, to any express terms and conditions displayed with such materials or content. Systematic retrieval of data or other content from the website to create or compile, directly or indirectly, a collection, compilation, database or directory without written permission from us is prohibited. In addition, use of the content or materials for any purpose not expressly permitted in this Agreement is prohibited. Except as expressly provided above, all rights are reserved.

As discussed above, reproduction, copying, or redistribution for commercial purposes of any materials or design elements on the website is strictly prohibited without our express written permission or as provided in a separate written agreement with us. Among other things, except to the extent required for the limited purpose of reviewing material on the website, electronic reproduction, adaptation, distribution, performance or display is prohibited. Use of any of our trademarks as metatags on other websites also is strictly prohibited. You may not display this website in frames (or any of the content or materials via in-line links) without our express written permission. Permission to use certain content or materials in a manner prohibited by this section is granted only when certain limited criteria are met.

6. Privacy Policy

We use the personally identifiable information that we gather primarily to communicate with you and, generally, we do not share this information with third parties. Set forth below in this section 6 is our Privacy Policy which is applicable to your use of the website and communications with us.
We are required by federal regulations to adopt certain procedures designed to maintain and secure the non-public personal information of its clients from inappropriate disclosure to third parties. The following Privacy Policy is designed to meet the standards set forth in the federal regulations and is applicable to your use of the website.

We are committed to keeping personal information collected from potential, current and former clients confidential and secure. The proper handling of personal information is one of our highest priorities. We never sell information relating to our clients to any outside third parties.

We collect and keep only information that is necessary for us to provide the services requested by our clients and to administer clients’ business with us.

We may collect non-public personal information from clients or potential clients:

  • From clients when they complete an application or other form, as well as through written and electronic correspondence and telephone contacts. This includes information such as name, address, social security number, assets, income, net worth, copies of financial documents and other information deemed necessary to evaluate the client’s financial needs.
  • As a result of transactions with us, our affiliates if any, or others. This could include transactions completed with us or information received from outside vendors to complete transactions or to effect financial goals.

We only share the non-public personal information of our clients with non-affiliated companies or individuals (i) as permitted by law and as required to provide services to our clients, such as with representatives within our firm, securities clearing firms, mutual fund companies, insurance companies and other financial services providers, or (ii) to comply with legal or regulatory requirements. We may also disclose non-public personal information to another financial services provider in connection with the transfer of an account to such financial services provider. Further, in the normal course of our business, we may disclose information we collect about clients to companies or individuals that contract with us to perform servicing functions such as:

  • Recordkeeping
  • Computer-related services
  • Good faith disclosure to regulators who have regulatory authority over the company.

Companies hired to provide support services are not allowed to use personal information for their own purposes and are contractually obligated to maintain strict confidentiality. We limit use of personal information to the performance of the specific service requested.

We do not provide personally identifiable information to mailing list vendors or solicitors for any purpose. When we provide personal information to service providers, we require these providers to agree to safeguard such information, to use the information only for the intended purpose and to abide by applicable law.

We intend to provide a website on the Internet. Any information gathered through our website will be treated in accordance with this Privacy Policy.

Only employees with a valid business reason have access to clients’ personal information. These employees are educated on the importance of maintaining the confidentiality and security of this information. They are required to abide by our information handling practices.

We maintain security standards to protect clients’ information, whether written, spoken, or electronic. We update and check our systems to ensure the protection and integrity of information.

Our goal is to maintain accurate, up to date client records in accordance with industry standards. We have procedures in place to keep information current and complete, including timely correction of inaccurate information.

Should clients send us questions and comments via e-mail, we will share the client’s correspondence only with those employees or agents most capable of addressing the client’s questions and concerns.

We will retain all written communication until we have done our very best to provide the client with a complete and satisfactory response. Ultimately, we will either discard the communication or archive it according to the requirements under applicable securities laws.

Please note that, unless expressly advised otherwise, our e-mail facilities do not provide a means for completely secure and private communications between us and our clients. Although every attempt will be made to keep client information confidential, from a technical standpoint, there is still a risk. For that reason, please do not use e-mail to communicate information to us that is considered to be confidential. If the client wishes, communications with us may be conducted via telephone or by facsimile.

We recognize and respect the privacy concerns of our potential, current and former clients. We are committed to safeguarding this information. As a member of the financial services industry, we are providing this Privacy Policy for informational purposes to clients and employees and will distribute and update it as required by law. It is also available upon request.

7. International Use

This website is operated and controlled by us in the United States. Due to the global nature of the Internet, this website may be accessed by users in countries other than the United States. We make no warranties that materials on this website are appropriate or available for use in any such locations. If it is illegal or prohibited in your country of origin and/or the country in which you are located when you attempt to access or use this website, then you should not do so. Those who choose to access this website outside the United States do so on their own initiative and are responsible for compliance with all local laws and regulations.

8. Restrictions on Use

Any unauthorized use of the images or information on this website may violate copyright laws, trademark laws, the laws of privacy and publicity, and communications regulations and statutes.

You warrant that when using this website that you shall not violate or facilitate any violation of any applicable local, state, federal or international law, statute, regulation, code or ordinance, including, without limitation, regulations promulgated by or the rules of any national or other securities exchange. The permission to use this website granted by these Terms of Use and Privacy Policy shall automatically terminate without any action on the part of our originzation if you breach any of the terms and conditions contained herein.

You also agree that you will not upload or attempt to upload any content (including text, communications, software, images, sounds, data, or other information) that contains software viruses or any other computer code, files, or programs that are designed or intended to disrupt, damage, or limit the functioning of any software, hardware, or telecommunications equipment or to damage or obtain unauthorized access to any data or other information of any third party.

9. Limitation of Liability

We are not responsible for any damages or injury, including but not limited to direct, special, indirect, incidental or consequential damages, that result from your use of (or inability to use) this website, or the unauthorized access to or the misappropriation of any content made available on or through this website, including any such damages or injury caused by any failure of performance, error, omission, interruption, defect, delay in operation, computer virus, line failure, or any other computer malfunction. This limitation applies whether the alleged liability is based on contract, tort, negligence, strict liability, or any other basis, even if we have been advised of the possibility of such damage.

You understand and agree that (i) your use of this website constitutes a knowing and voluntary waiver on your part and on the part of your successors, assigns, heirs and personal representatives of any right to sue our organization or any of its officers, directors, managers, members, parent, affiliates, employees and/or agents (collectively, the “Released Parties”) directly or to participate in a suit for any losses or damages resulting from your use of this website and (ii) your use of this website is predicated upon this waiver of any such right to sue any or all of the Released Parties directly or to participate in a suit for any losses or damages resulting from your use of this website.

10. Links from Other Websites

This website may contain links to, or may be linked from, other websites that are not maintained or controlled by us and to which we have not provided permission. We not endorse, have any responsibility for, or make any representations about, any other websites, including their products and services, content, communications and website use policies. We expressly disclaim any responsibility for your access to or use of all such other websites.

11. Past Performance

Any performance data or comments expressed on this website are solely an indication of past performance. Past performance is not indicative of future results; no representation is being made that any investment will or is likely to achieve profits or losses similar to those achieved in the past, or that significant losses will be avoided. Furthermore, unless otherwise specified (i) all figures are estimated and unaudited, (ii) net results reflect the net realized and unrealized returns after deduction of all operational expenses, management fees and incentive compensation, and (iii) performance data assume reinvestment of all distributions. Actual returns will vary from one client to the next. Investors risk loss of their investment.

Investors should seek financial advice regarding the appropriateness of making any investments discussed in this website and should understand that statements regarding future prospects may not be realized. Investors should note that income from such investments may fluctuate and that the value of each investment may rise or fall. Accordingly, investors may receive back less than originally invested. Past performance is not necessary a guide to future performance.

12. Governing Law

You agree that your use of this website and any disputes relating to any such use shall be governed in all respects by the laws of the State of Texas (exclusive of its choice of law provisions). Any dispute relating to the above shall be resolved solely in the state or federal courts located in Dallas, Texas. You further agree and submit to the exercise of personal jurisdiction of such courts for the purpose of litigating any dispute relating to the above.

13. Severability and Integration

Unless otherwise specified herein, this Term of Use and Privacy Policy under which you are authorized to use, constitutes the entire agreement between us with respect to the website and supersedes all other prior or contemporaneous communications and proposals (whether oral, written, or electronic) between us with respect to the website. If any part of this Term of Use and Privacy Policy is held invalid or unenforceable, that portion will be construed in a manner consistent with applicable law to reflect, as nearly as possible, the original intentions of the parties, and the remaining portions will remain in full force and effect.

14. Termination

We reserve the right, in our sole discretion, to terminate your access to all or part of the website, with or without notice.

Revised May, 2012