Terms & Conditions

Please read the following information carefully. The information contained on this website is communicated and issued by Proprium Capital Partners, L.P. (“Proprium”) in accordance with the following terms and conditions. By accessing any part of this website, you will be deemed to have accepted the terms and conditions in this Legal Notice in full. If you do not accept these terms and conditions, please do not continue to access this website.

Proprium is registered as an investment adviser with the U.S. Securities & Exchange Commission (“SEC”) and has filed with the SEC, and will be required to update periodically, Form ADV. Part 2 to the Form ADV contains essential information about a given investment advisory firm, including information about firm management, clients, fee arrangements and the handling of conflicts of interests. Proprium Capital Management (UK) LLP is authorised and regulated by the Financial Conduct Authority in the United Kingdom. Proprium Capital Partners (Hong Kong) Limited is registered with the Securities and Futures Commission in Hong Kong.

No Offer or Advice

The information contained on this website is not intended to and does not constitute an offer, solicitation, inducement, invitation or commitment to purchase, subscribe to, provide or sell any securities, service or product or to provide any recommendations on which visitors to this website should rely for financial, securities, investment or other advice or to take any decision based on such information. Visitors to this website are encouraged to seek individual advice from their legal, financial, personal and other advisers before making any investment or financial decision or purchasing any financial, securities or investment related service or product.

Access to information about the funds is limited to investors who either qualify as accredited investors within the meaning of the Securities Act of 1933, as amended, qualified purchasers within the meaning in the Investment Company Act of 1940 or those investors who generally are sophisticated in financial matters, such that they are capable of evaluating the merits and risks of prospective investments.

Accuracy of Information

Although Proprium has taken reasonable care that the information contained on this website or delivered to you by e-mail, if any, is accurate at the time of publication, such information is provided “as is” for only informational purposes as of the date of publication, and no representation or warranty (including liability towards third parties), expressed or implied, is made (or accepted) as to its accuracy or completeness or fitness for any purpose by Proprium or its affiliates. Under no circumstances will Proprium or its affiliates be liable for any direct, indirect, incidental, special or consequential loss or damage caused by reliance on this information or for the risks inherent in the financial markets. Information related to Proprium’s assets under management is as of December 31, 2014, as reported in Proprium’s most recent ADV.

Past Performance

To the extent included herein, information regarding the past performance of an investment is not necessarily indicative of the future performance of that or any other investment. The value of investments may fall as well as rise.

Material to be Consulted in its Entirety

All materials in this site are meant to be reviewed in their entirety, including any footnotes, legal disclaimers, restrictions or disclosures, and any copyright or proprietary notices. Any disclaimers, restrictions, disclosures or hedge clauses apply to any partial document or material in the same manner as they do to the whole, and will be deemed incorporated in the portion of any material or document that you consult or download.

Transaction Information

Any transactions listed or pictured on this website are included for illustrative purposes only and are not reflective of overall performance. A complete list of Proprium’s investment recommendations is available upon request. It should not be assumed that Proprium’s investment recommendations made in the future will be profitable or will be comparable to the performance of the transactions described herein. Additionally, there can be no assurance that Proprium will make investments similar to such transactions in the future.

Forward-Looking Statements

This website may include statements that are, or may be deemed to be, “forward looking statements”. These forward looking statements can be identified by the use of forward looking terminology, including the terms “believes”, “estimates”, “anticipates”, “expects”, “intends”, “may”, “will” or “should” or, in each case, their negative or other variations or comparable terminology. These forward looking statements include all matters that are not historical facts. They may appear in a number of places throughout this website and include statements regarding the intentions, beliefs or current expectations of Proprium concerning, among other things, the investment performance, results of operations, financial condition, liquidity and prospects of Proprium. By their nature, forward looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Forward looking statements are not guarantees of future performance. Actual investment performance, results of operations, financial condition and liquidity may differ materially from the impression created by the forward looking statements contained on this website.

Limitations of Liability

To the maximum extent permitted by applicable law and regulatory requirements, Proprium specifically disclaims any liability for errors, inaccuracies or omissions on this website and for any loss (whether direct or indirect) or damage resulting from its use, whether caused by negligence or otherwise. Visitors who choose to access this website do so on their own initiative and agree to assume responsibility for determining whether any legal or regulatory considerations limit their access to or use of information contained on this website. Visitors are responsible for compliance with all local laws and regulations.

Ownership

Unless otherwise expressly noted, all content included on this website, including, without limitation, images, logos, articles and other materials, are protected by copyrights, and/or other intellectual property owned, controlled or licensed by Proprium or its affiliates. All trademarks and logos displayed on this website are the property of their respective owners, who may or may not be affiliated with Proprium. Visitors are responsible for complying with all applicable copyright, trademark and other applicable laws. We allow visitors to make copies of this website as necessary incidental acts during their viewing of the website. Visitors can print, for their personal use, as much of the website as is reasonable for private purposes. All other use is strictly prohibited.

Linked Websites

Visitors cannot link our website to another website without our express permission. We do not permit others to link to or frame this website or any portion thereof. We are not responsible for the security, content, or privacy policies of any other website, including any website through which visitors may have gained access to our website, or to which visitors may gain access from our website. We do not accept any liability in connection with any such websites or links. Where we provide a link to a third party’s website, we do so because we believe in good faith that such website contains or may contain material which is relevant to that on our website. The link does not signify that we have reviewed or approved the contents of the third party’s website. We have no control over the contents of third party websites, and accept no responsibility for them or from any loss or damage that may arise from your use of them.

Selling Restrictions

Access to the information contained on this website may be restricted by laws and regulations applicable to the user. The information on this website does not constitute either an offer to sell or a solicitation of an offer to purchase in any jurisdiction in which this type of offer or solicitation is unlawful, or in which a person making such an offer or solicitation does not hold the necessary authorization to do so, or at all. Accordingly, persons accessing the information on this website are themselves responsible for ascertaining the legal requirements which would affect their acquisition or sale of any securities or investment.

Privacy

Please be advised that Proprium may record certain usage information, including, but not limited to, the number and frequency of visitors to this website. As you navigate through a website, certain personally non-identifiable information can be passively collected (that is, gathered without your actively providing the information) using various technologies and means, such as Internet Protocol addresses, cookies and navigational data collection. This website only uses Internet Protocol (IP) addresses. An IP Address is a number assigned to your computer by your Internet service provider so you can access the Internet and is generally considered to be non-personally identifiable information, because in most cases an IP address is dynamic (changing each time you connect to the Internet), rather than static (unique to a particular user’s computer). Proprium uses your IP address to diagnose problems with Proprium’s server, report aggregate information, determine the fastest route for your computer to use in connecting to the website, and administer and improve the website.

Governing Law

The terms and conditions of this legal notice shall be governed by and construed in accordance with the laws of the State of New York. Visitors agree that any dispute or action at law or in equity arising out of or relating to these terms or any visitor’s use of this website shall be commenced only in the state or federal courts located in New York county, New York, and visitors hereby consent and submit to the personal jurisdiction of such courts for the purposes of any such dispute or action.

Access and Variation

Proprium reserves the right to disable or restrict any user’s access if in its opinion such user has failed to comply with any of the terms of this Legal Notice. Proprium also reserves the right to vary the terms of this Legal Notice from time to time by amending this page, and users should check it from time to time to note any changes made.