PLEASE READ THE FOLLOWING TERMS OF USE AND DISCLAIMERS CAREFULLY BEFORE USING THIS WEBSITE.
 

ACCEPTANCE OF TERMS

Sierra Peak Investments ("Sierra") maintains this Website (the "Site") for your personal use. Your access to and use of this Site is subject to the following Terms of Use. Sierra Peak Investments reserves the right to update these Terms of Use at any time without notice to you. The content of this website is intended as a source of information for institutional investors only. It is not intended for use by retail investors. If you are not an institution investor you must not use the website and should exit it immediately. By using this Site, you accept, without limitation or qualification, these Terms of Use. If you do NOT agree to these Terms of Use, do NOT use this Site.
 

NOT INVESTMENT ADVICE OR AN OFFER

This information is intended to assist institutional and professional investors. The contents of this website, including any document or narrative does not constitute an offer or solicitation to sell services or units in or shares in any of the funds managed (or the provision of other services) by Sierra. This website is not intended for use in any jurisdiction where prohibited by law and must not be used in any way that would be contrary to any local law or regulation. Specifically, the products and services referred to in this website must not be (and are not intended to be) promoted in any jurisdiction where this would not be permitted.  Offers can only be made where lawful under, and in compliance with, applicable law.  Sierra Peak Investments makes no representations that transactions, products or services discussed on the Site are available or appropriate for sale or use in all jurisdictions or by all institutional investors. Those who access the Site do so at their own initiative and are responsible for compliance with local laws or regulations. The information in this website does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice. Any such offer, if made, will only be made by means of a confidential prospectus, offering memorandum or management agreement. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.
 

ACCURACY AND COMPLETENESS OF INFORMATION

While Sierra Peak Investments strive to ensure that the information contained in this Site is accurate and reliable, Sierra makes no warranties or representations as to the accuracy, correctness, reliability or otherwise with respect to such information, and assumes no liability or responsibility for any omissions or errors in the content of this Site.
 

MODIFICATION OF SITE

Sierra Peak Investments will periodically revise the information, services and resources contained in this Site and reserves the right to make such changes without any obligation to notify past, current or prospective visitors.
 

YOUR USE OF THIS WEBSITE IS RESTRICTED

You may not use this Website for any illegal purpose or in any manner inconsistent with these Terms of Use.  You agree not to use, transfer, distribute or dispose of any information available on this Website in any manner that could compete with the business of Sierra Peak Investments.  You are not permitted to decompose, decompile, reverse engineer, disassemble or otherwise deconstruct all or any portion of this Website. You may not use this Website in any manner that could damage or overburden Sierra Peak Investment’s server, or any network connected to any Sierra server.
 

UNSOLICITED SUBMISSIONS

Sierra Peak Investments does not accept or consider any creative ideas, suggestions or materials from the public ("Submissions"), therefore, you should not make any Submissions to Sierra Peak Investments. If you do send us a Submission, despite our request not to do so, then such Submission will be considered non-confidential and non-proprietary and shall immediately become the property of Sierra Peak Investments. Sierra shall exclusively now and hereinafter own all rights, title and interest therein. Sierra Peak Investments will be free to use any Submissions for any purpose whatsoever.
 

PRIVACY NOTICE

Sierra Peak Investments’ use of any personal data you submit to the Site is governed by the Site's Privacy Notice.
 

DISCLAIMERS

THE WEBSITE IS PROVIDED ON AN "AS IS" BASIS. SIERRA PEAK INVESTMENTS EXPRESSLY DISCLAIMS ALL WARRANTIES, INCLUDING THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT. SIERRA PEAK INVESTMENTS DISCLAIMS ALL RESPONSIBILITY FOR ANY LOSS, INJURY, CLAIM, LIABILITY OR DAMAGE OF ANY KIND RESULTING FROM, ARISING OUT OF OR ANY WAY RELATED TO (A) ANY ERRORS IN OR OMISSIONS FROM THIS WEBSITE AND THE CONTENT, INCLUDING BUT NOT LIMITED TO TECHNICAL INACCURACIES AND TYPOGRAPHICAL ERRORS, (B) ANY THIRD PARTY WEB SITES OR CONTENT THEREIN DIRECTLY OR INDIRECTLY ACCESSED THROUGH LINKS IN THIS WEBSITE, INCLUDING BUT NOT LIMITED TO ANY ERRORS IN OR OMISSIONS THEREFROM, (C) THE UNAVAILABILITY OF THE WEBSITE OR ANY PORTION THEREOF, (D) YOUR USE OF THIS WEBSITE OR (E) YOUR USE OF ANY EQUIPMENT OR SOFTWARE IN CONNECTION WITH THE WEBSITE.
 

LIMITATION OF LIABILITY

In no event and under no legal or equitable, whether in tort, contract, strict liability or otherwise, shall Sierra Peak Investments be liable for any direct, indirect, special, incidental or consequential damages arising out of any use of the information contained herein, including, without limitation, damages for lost profits, loss of goodwill, loss of data, work stoppage, accuracy of results, or computer failure or malfunction.
 

INDEMNIFICATION

You agree to defend, indemnify and hold Sierra Peak Investments harmless from and against any and all claims, damages, costs and expenses, including attorney's fees, arising from and related to your use of the Site.
 

COPYRIGHT NOTICE

Unless otherwise noted, the graphic images, buttons and text contained in this Site are the exclusive property of Sierra Peak Investments and its subsidiaries. Except for personal use, these items may not be copied, distributed, displayed, reproduced, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise without prior written permission of Sierra Peak Investments.
 

TRADEMARKS

This Site features logos, brand identities and other trademarks and service marks (collectively, the "Marks") that are the property of, or are licensed to Sierra Peak Investments and its subsidiaries. Nothing contained on this Site should be construed as granting, by implication, estoppel, or otherwise, any license or right to use any Mark displayed on this Site without written permission of Sierra Peak Investments or any such third party that may own a Mark displayed on the Site.
 

USE OF LINKS TO THIRD PARTY WEBSITES

This Website may contain links to other websites. Sierra does not exercise control over third party websites and is not responsible for the content of any other website linked to this Website. Hyperlinks to or from this Website do not constitute endorsement of, sponsorship by or affiliation with Sierra and is not an endorsement of their products or services or practices. In no event will Sierra, nor any of its directors, employees or advisors accept any liability with regard to the information contained in other hyperlinked or referred-to websites.

Any links to other websites are included as a convenience, and Sierra assumes no liability for the content or the presentation of linked sites. Third party links to this site are permitted only with Sierra’s prior written consent. No representations or warranties are made for any software, if any, that may be downloaded from this Website. Sierra is not liable for any loss or damage arising from your use of or in connection with the RSS feeds, podcasts, webcasts and e-mail updates.
 

CAUTIONARY LANGUAGE REGARDING FORWARD-LOOKING STATEMENTS

This Site may contain statements, estimates or projections that constitute "forward-looking statements" as defined under U.S. federal securities laws. Any such forward looking statements are inherently speculative and are based on currently available information, operating plans and projections about future events and trends. As such, they are subject to numerous risks and uncertainties. Actual results and performance may be significantly different from Sierra Peak Investment’s historical experience and our present expectations or projections. Sierra undertakes no obligation to publicly update or revise any forward-looking statements.
 

JURISDICTIONAL ISSUES

The information contained on this web site is not an offer to sell or solicitation to buy any security or product. No security or product is offered or will be sold in any jurisdiction in which such offer or solicitation, purchase or sale would be unlawful under the securities, insurance or other laws of such jurisdiction.