Legal Notices and Terms of Use

Thank you for visiting the website of Brahma Management Ltd (“Brahma”, “we” or “us”). By accessing this website (the “Site”), you agree to accept the following Terms of Use pertaining to the use of the Site, which constitute a legal agreement between you and Brahma, as well as our Privacy Policy. If you do not accept these Terms of Use, you may not use the Site. Brahma reserves the right to modify these Terms of Use without notice, and each use of the Site constitutes your acceptance to be bound by the terms set forth in the Terms of Use as modified at the time of such use.

Investment Performance

Past performance is not indicative of future results. No representation is being made that any investment or transaction will or is likely to achieve profits or losses similar to those achieved in the past, or that significant losses will be avoided. The investment return and principal value of an investment will fluctuate and, as a result, your redemption value may be more or less than original cost.

The information contained herein does not include certain information regarding investments in alternative investment vehicles, including important disclosures and risk factors associated with an investment in an alternative investment vehicle, and is subject to change without notice. If any offer is made to invest in an alternative investment vehicle, it shall be pursuant to a definitive Private Placement Memorandum prepared by or on behalf of the alternative investment vehicle which contains detailed information concerning the investment terms, risks, fees and expenses associated with such investment. Neither the Securities and Exchange Commission nor any national or state securities administrator has approved or disapproved, passed on, or endorsed, the merits of these securities.

Risks

The Alternative investment vehicles and investment programs described herein are designed only for sophisticated investors who are able to bear the economic risk of losing all of their investment. Alternative investments and alternative investment vehicles: (1) often engage in leverage and other speculative investment practices that may increase the risk of investment loss; (2) can be highly illiquid; (3) are not required to provide periodic pricing or valuation information to investors; (4) may involve complex tax structures and delays in distributing important tax information; (5) are not subject to the same regulatory requirements as mutual funds; and (6) often charge high fees.

Permitted Uses of Our Site and Content

All content, including but not limited to trademarks, service marks, trade names, trade dress, logos, copyrights and other intellectual property, displayed on the Site (“Content”) are owned by, controlled by or licensed to Brahma or their respective owners. We have listed below the permitted uses of our Content. We reserve the right to change our permitted uses at any time.

• Brahma grants you a limited, revocable, nonexclusive and nontransferable right to view, store, bookmark, download, copy and print pages from the Site for your personal and noncommercial use only. Unless you receive our permission in advance, you may not exploit any of the Content commercially, forward it as a mass distribution, or post it on another site.
• If you link other websites to this Site, you may not imply or suggest that Brahma has endorsed or is affiliated with such websites and you may not display this Site as "framed" within another website.

No Offers or Advice/Forward-Looking Statements/Historical Information

Any transactions described on the Site as having been engaged in by Brahma are included as representative transactions for illustrative purposes only.

Linked Sites

Brahma does not review or monitor any websites linked from or to the Site and is not responsible for the content of any such websites. Accordingly, Brahma cannot be held responsible for the information, materials, products or services obtained on or from such other websites, nor will we be liable in any respect whatsoever for any damages arising from your access to such websites. Any links from or to other websites are provided merely for the convenience of the users of the Site and the inclusion of these links does not imply an endorsement, representation or warranty by Brahma with respect to any such linked websites or the content, products or services contained or accessible through such websites or their operators. Brahma DISCLAIMS RESPONSIBILITY FOR THE PRIVACY POLICIES AND CUSTOMER INFORMATION PRACTICES OF THIRD-PARTY INTERNET WEBSITES HYPERLINKED FROM THE SITE. Your following links from or to such websites is at your sole risk.

Limitation of Liability

IN NO EVENT SHALL BRAHMA OR ITS RELATED PERSONS BE LIABLE TO ANY PARTY FOR ANY CLAIMS, LIABILITIES, LOSSES, COSTS OR DAMAGES, INCLUDING BUT NOT LIMITED TO ANY DIRECT, INDIRECT, PUNITIVE, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES ARISING OUT OF OR IN CONNECTION WITH ANY ACCESS, USE (OR INABILITY TO USE) OR DISTRIBUTION OF THE SITE OR ANY INFORMATION OR MATERIALS OBTAINED THROUGH USE OF THE SITE. THIS IS TRUE EVEN IF BRAHMA HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES OR LOSSES.

Disclaimer and Indemnity

Brahma and its officers, directors, managers, partners, members, shareholders, employees, affiliates and agents (collectively “Related Persons”) make no representations or warranties of any kind, express or implied, as to the accuracy, reliability, completeness, availability or other characteristics of the information or materials presented on the Site. Such information or materials are provided “as is” and “as available”.

To the fullest extent permissible pursuant to applicable law, Brahma specifically disclaims any and all warranties of any kind, express or implied, including but not limited to all warranties of and conditions of merchantability, fitness for a particular purpose, title, non-infringement, availability, accuracy or completeness.

Brahma does not warrant that the information in this Site is accurate, reliable or correct, that this Site will be available at any particular time or location, or that this Site is free of viruses or other harmful components. Electronic communications can be intercepted by third parties and, accordingly, electronic mail and other transmissions to and from the Site or made via the Site may not be secure.

Governing Law and Forum

The laws of the State of New York govern these Terms of Use. You agree that any legal action relating to these Terms of Use may take place only in the New York State Supreme Court located in New York County, New York, or the United States District Court for the Southern District of New York located in New York County, New York, and you consent and submit to the personal jurisdiction of those courts for the purpose of litigating any action with Brahma.

You agree that any cause of action you may have with respect to your use of the Site must be commenced within one year after the claim or cause of action arises or will be deemed to have been waived.

Integration and Severability; Waiver

This Agreement represents the entire agreement between Brahma and the user relating to the subject matter herein. If, for any reason, a court of competent jurisdiction finds any provision in this Agreement to be unenforceable, that provision shall be enforced to the maximum extent permissible so as to effect the intent of this Agreement, and the remainder shall continue in full force and effect.

No waiver by Brahma of any right under or term or provision of this Agreement will be deemed a waiver of any other right, term, or provision of this Agreement at that time or a waiver of that or any other right, term, or provision of this Agreement at any other time.