Teleos

User agreement

Access to this Web site is limited to authorized viewers that received a password from Teleos Management, L.L.C. ("Teleos"). You hereby acknowledge that you are an accredited investor authorized to access this Web site, and that any reliance upon any materials contained on or accessed through this Web site shall be at your sole risk.

The information contained on this Web site is accurate as of the time it was prepared by Teleos for posting, but no representation is made as to its accuracy subsequent to such time. We are not responsible for typographical or other errors that occurred in the posting process. We do not guarantee, represent, warrant or endorse the timeliness, accuracy, completeness or reliability of any of the informatio\ n or content contained on, distributed through, or linked, downloaded or accessed from any of the third-party services contained on this Web site, nor of any products, funds, information or other materials displayed, invested in, or obtained by you as a result of any information contained on or in connection with such third-party services. We reserve the right, in our sole discretion and without any obligati\ on or notice, to make improvements to or correct any errors or omissions in any portion of this Web site. The information contained on this Web site is for information purposes only, and is subject to change without notice.

The information contained in this Web site is not, and should not be construed as, an offer or solicitation of any kind to buy or sell any securities or other financial instruments, or as any kind of recommendation or advice. Offers to sell interests in any fund mentioned herein will be made only by means of a formal confidential memorandum. The information contained on this Web site with respect to any \ fund is qualified in its entirety by the detailed information appearing in the confidential memorandum and by the terms and conditions of the governing documents with respect to such fund.

Past performance is no indication of future performance, and nothing on this Web site should be interpreted to state or imply otherwise.

Teleos Management®, Teleos Fund® and Teleos International® are registered trademarks of Teleos Management, L.L.C. All rights reserved.

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