The contents herein constitute the current opinions and thoughts of Tetrahedron Capital Management, LLC, which may change without notice and with no obligation to update.

One should not rely on this presentation as the basis upon which to make an investment decision. There can be no assurance that investment objectives will be achieved. Clients must be prepared to bear the risk of a total loss of investment.

These materials do not constitute an offer to sell, or a solicitation of an offer to buy any security. Any such offering may be made only by a Private Placement Memorandum related to each investment (the “Private Placement Memorandum”) and the information contained herein will be superseded in its entirety by such memorandum in its final form. Investors must review the Private Placement Memorandum prior to making an investment decision.

  • Returns earned prior to the inception of Tetrahedron Capital Management, LLC will follow a substantially similar investment approach, portfolio construction, and risk management discipline; returns identified in this presentation reflect performance by the Portfolio Manager at prior firms, which occurred before Tetrahedron Capital Management, LLC was formed.
  • Certain performance calculations are prepared internally and have not been audited or verified by a third party. The use of a different methodology for preparing, calculating or presenting performance returns may lead to different results and such differences may be material.
  • Leverage is a critical component of the long / short strategy; the generally accepted degree of leverage ranges from 3x to 14x.
  • There can be no guarantee that Tetrahedron Capital Management, LLC ("Tetrahedron" or "the Adviser") will achieve its investment objectives. Any investment placed with the Adviser is speculative and involves substantial risks, including total loss of investment. Moreover, the past performance of the investment team should not be construed as an indicator of future performance. An investor should not make an investment unless it is prepared to lose all or a substantial portion of its entire investment.
  • You should not assume the future performance of any specific investment or strategy will be profitable or equal to past performance levels. No stock trading system or strategy can guarantee profits. The risk of substantial loss exists in equity trading and equity investments are not suitable for all investors. You should carefully assess your objectives and risk tolerance before investing. Data is deemed to be reliable, but the Adviser does not guarantee reliability or accuracy. Information provided is as of the date of this presentation and subject to change at any time. Certain performance calculations are prepared internally and have not been audited or verified by a third party. The use of a different methodology for preparing, calculating or presenting performance returns may lead to different results and such differences may be material.
  • Any target or estimated returns stated herein are subject to the realization of the assumptions on which the return forecast is based. The assumptions are subject to significant uncertainties and contingencies which may change materially in response to small changes in one or more of the assumptions. No representation or warranty is made by Tetrahedron as to the reasonableness of the assumptions that contributed to this target return or as to any other financial information contained in the analysis. As the assumptions represent Tetrahedron’s choices, they represent Tetrahedron’s selective judgment based on the experience of Tetrahedron’s management.
  • The person or persons who managed accounts at the previous advisers were also primarily responsible for achieving the prior performance results. The accounts managed at the prior firms are so similar to the account currently under management such that the performance results provide relevant information to prospective clients of Tetrahedron. All accounts managed at the prior firms were managed in a substantially similar manner. The previous accounts are separate from current client accounts and the past performance of the previous accounts is not indicative of the past or future performance of the current accounts managed by Tetrahedron. The performance results were from accounts managed at another entity.
  • Performance information shown from January 2008 to January 2018 is representative of the account managed by the Portfolio Manager of Tetrahedron, prior to the formation of the Adviser. These accounts were solely managed by the Portfolio Manager, using a substantially similar investment methodology to the one being used by Tetrahedron. The performance is not that of Tetrahedron and should not be viewed as an indication of how Tetrahedron would have performed in the past or will perform in the future.
  • Past performance is not indicative of future results. You should not assume the future performance of any specific investment or strategy will be profitable or equal to past performance levels.
  • References to any indices are for informational and general comparative purposes only. There are significant differences between such indices and the investment program of the Fund. The Fund will not invest in all or necessarily any significant portion of the securities, industries, or strategies represented by such indices. References to indices do not suggest that the Fund will, or is likely to, achieve returns, volatility, or other results similar to such indices. No representation is made hereby with respect to the accuracy or completeness of such data. The performance data of various indices mentioned in this update are updated and released on a periodic basis before finalization. The performance data of various indices presented herein was current as of the date of the presentation. Please refer to data returns of the separate indices if you desire additional or updated information. Indices are unmanaged, and their performance results do not reflect the impact of fees, expenses, or taxes that may be incurred through an investment in the Fund. Returns for indices assume dividend reinvestment. An investment cannot be made directly in an index. Accordingly, comparing results shown to those of such indices may be of limited use.