Legal disclaimer

STANDARDS BOARD FOR ALTERNATIVE INVESTMENTS LIMITED (“SBAI”) LEGAL NOTICES AND DISCLAIMER

TERMS AND CONDITIONS OF USE

By using this website you acknowledge that you have read, understood and accepted the terms set out below.

SBAI reserves the right to modify these terms from time to time.  You should therefore review these terms whenever accessing the site.

This website, including these terms, shall be governed by and construed in accordance with English law.

LIABILITY

The materials contained on this website are of a general, informational, nature.  While SBAI tries to ensure that information on the site is accurate and complete at the date on which it is added to the website, it gives no representation or warranty, express or implied, about the information provided through the website or its accuracy, completeness or timeliness.  No responsibility or liability is accepted by SBAI for any errors, omissions or misleading statements.

SBAI does not accept any responsibility or liability for any loss or damage, whether arising in contract or tort or otherwise (including, but not limited to, negligence), which may arise from the use or inability to use this website, or any reliance on any information contained in it, or from any person acting or refraining from acting as a result of any information contained in this website.

No responsibility, duty of care or liability whatsoever (whether in contract or tort or otherwise including, but not limited to, negligence) is or will be accepted by the Standards Board for Alternative Investments Limited (“SBAI”), the Board of Trustees of the SBAI, any member of the SBAI’s Investor Chapter (each an “Investor Chapter Member”)  or a Core Supporter of the SBAI to Signatories, investors or any other person in connection with the Standards or any Conformity Statement or Disclosure Statement made by any Signatory. A Core Supporter can be a Signatory to the Standards, a member of the SBAI Investor Chapter or an investment consultant.

Neither the SBAI nor its Board of Trustees is a regulator of the hedge fund industry and their role does not extend beyond being a custodian of the Standards. None of the SBAI, its Board of Trustees, the Investor Chapter Members and the Core Supporters will seek to enforce compliance with the Standards by Signatories. The fact that a manager is a Signatory to the Standards is not and should not be taken as an endorsement of such manager by the SBAI, the Board of Trustees, any Investor Chapter Member or any Core Supporter or as a representation by the SBAI, the Board of Trustees, any Investor Chapter Member or any other Core Supporter that such Signatory operates in conformity with the Standards. In determining whether to accept a manager’s application to become a Signatory (or whether to revoke a manager’s status as a signatory), the Board of Trustees is entitled to rely on the information provided to it by such manager without further investigation or verification. Further, subject to any duties a Trustee may have under applicable law, it is not envisaged, or expected, that a Trustee will when participating in any such decision of the Board of Trustees take into consideration information which it may possess otherwise than in its capacity as a Trustee. For the avoidance of doubt, Trustees act as individuals.

None of the SBAI, the Board of Trustees of the SBAI the Investor Chapter Members and the other Core Supporters accept any responsibility or liability for any loss or damage caused to any person who acts or refrains from acting as a result of anything contained in or omitted from the Standards or any Conformity Statement or Disclosure Statement made by any Signatory or in reliance on the provisions of or material in the Standards or any Conformity Statement or Disclosure Statement made by any Signatory, whether such loss or damage is caused by negligence or otherwise.

The information contained in this website does not constitute legal, financial or other professional advice and must not be relied on as such.  You should consult your own professional adviser if you require legal, financial or other professional advice.

SBAI reserves the right to make changes to any part of this website or any of the information contained in it at any time.

THIRD PARTY SITES

This website may contain links to other websites operated by third parties.  These links are provided for information only.  SBAI does not control these sites and SBAI does not endorse or accept responsibility for the material of any website referred to or accessed through this website.

COPYRIGHT

The copyright and other intellectual property rights in all material on this website is owned by or licensed to SBAI.  You may only access and download extracts from this website for non- commercial or personal use.  You may not permanently copy or reproduce any part of the material on this website without the prior written permission of SBAI.