Indication of Interest

The information contained herein does not constitute, and does not form part of, an offering document and must not be construed or relied upon as such. This is not an offer to sell, or a solicitation of an offer to purchase, any shares or interests in any fund (each such fund, a “Fund” and together the “Funds”) advised by Liwa Capital Advisors (“Liwa Capital”). Any such offer or solicitation may be made via, and in accordance with, the terms of the application or subscription documents, prospectus, private placement or offering memorandum or other offering document (each, a “PPM”) and the constitutional documents of each Fund. You have received access to this portal only at the invitation of Liwa Capital.

The Funds are not guaranteed, the Funds’ interests’ value change frequently and past performance may not be repeated or indicative of future results. Please see “Risk Factors” in the relevant PPM for more details.

Liwa Capital is not presently registered with the U.S. Securities and Exchange Commission or any other regulatory authority as an investment adviser, the Funds are not U.S. registered investment companies, and the interests in the Funds have not been registered under the Securities Act of 1933, as amended.

The information contained herein is intended for persons to whom such information can be lawfully communicated without any approval being obtained for any other action being taken to permit such communication where approval or other action for such purpose is required. The information herein is not directed at and is not for use by any other person and it may not be lawful to access the information in certain jurisdictions. Potential investors should obtain and carefully review the applicable PPM, which contains important information concerning the applicable Fund and the risks and expenses associated with such an investment. Any person subscribing for shares or interests in a Fund must be able to bear the risks involved and must meet that fund’s suitability requirements. Some or all alternative investment programs may not be suitable for certain investors. No assurance can be given that a Fund’s investment objectives will be achieved.

This is not intended to constitute legal, tax or accounting advice, or investment recommendations. Additional information is available from Liwa Capital upon request. None of Liwa Capital, the Funds, nor any of their affiliates is acting as your adviser or agent. Prior to making any investment decision based on the information contained in the PPM, you should determine, without reliance upon Liwa Capital, the Funds or any of their affiliates, the economic risks and merits, as well as the legal, tax and accounting consequences of such investment decision. Information herein (some of which has been obtained from third parties without verification) is believed by Liwa Capital to be reliable. However, none of Liwa Capital, the Funds or their affiliates, or any of their directors, officers, employees, representatives or agents make any representation of any kind, including as to the accuracy, completeness or correctness of the information herein or accept any liability or loss arising from its use or otherwise arising in connection therewith.

Any comparative indices are provided for general information purposes only and do not necessarily reflect the investment objective, general composition or risk profile of a Fund. Certain information provided has been obtained from third party sources or compiled based on information provided by third party sources. Liwa Capital does not guarantee their accuracy or completeness. Performance numbers are neither audited nor independently verified. Potential investors should read the applicable PPM and the constitutional documents of such Fund in order to fully understand all of the important terms regarding an investment in a Fund.