Private Equity Group
Alternative Investments such as hedge funds are subject to less regulation than other types of pooled investment vehicles such as mutual funds, may make speculative investments, may be illiquid and can involve a significant use of leverage, making them substantially riskier than the other investments. An Alternative Investment Fund may incur high fees and expenses that would offset trading profits. Alternative Investment Funds are not required to provide periodic pricing or valuation information to investors. The Manager of an Alternative Investment Fund has total investment discretion over the investments of the Fund, and the use of a single advisor applying generally similar trading programs could mean a lack of diversification and, consequently, higher risk. Investors may have limited rights with respect to their investments, including limited voting rights and participation in the management of the Fund.
Alternative Investments, by their nature, involve a substantial degree of risk, including the risk of total loss of an investor's capital. Fund performance can be volatile. There may be conflicts of interest between the Alternative Investment Fund and other service providers, including the investment manager and sponsor of the Alternative Investment. Similarly, interests in an Alternative Investment are highly illiquid and generally are not transferable without the consent of the sponsor, and applicable securities and tax laws will limit transfers.
There may be conflicts of interest relating to the Alternative Investment and its service providers, including Goldman Sachs and its affiliates, who are engaged in businesses and have interests other than that of managing, distributing and otherwise providing services to the Alternative Investment. These activities and interests include potential multiple advisory, transactional and financial and other interests in securities and instruments that may be purchased or sold by the Alternative Investment, or in other investment vehicles that may purchase or sell such securities and instruments. These are considerations of which investors in the Alternative Investment should be aware. Additional information relating to these conflicts is set forth in the offering materials for the Alternative Investment.
The material provided herein is for informational purposes only. It does not constitute an offer to sell or a solicitation of an offer to buy any securities relating to any of the products referenced herein, notwithstanding that any such securities may be currently being offered to others. Any such offering will be made only in accordance with the terms and conditions set forth in the Offering Memorandum pertaining to such Fund. Prior to investing, investors are strongly urged to review carefully the Offering Memorandum (including the risk considerations described therein), the Subscription Agreement and all related fund documents, to ask such additional questions of the Investment Manager as they deem appropriate and to discuss any prospective investment in the Fund with their legal and tax advisers.
No person has been authorized to give any information or to make any representation, warranty, statement or assurance not contained in the Offering Memorandum, and if given or made, such other information or representation, warranty, statement or assurance may not be relied upon.
The portfolio risk management process includes an effort to monitor and manage risk but does not imply low risk.
Past performance is not indicative of future results, which may vary. The value of investments and the income derived from investments can go down as well as up. Future returns are not guaranteed, and a loss of principal may occur.
Opinions expressed are current opinions as of the date appearing in this material only. No part of this material may, without Goldman Sachs Asset Management’s prior written consent, be (i) copied, photocopied or duplicated in any form, by any means, or (ii) distributed to any person that is not an employee, officer, director or authorised agent of the recipient.
This presentation has been communicated in the United Kingdom by Goldman Sachs Asset Management International, which is authorized and regulated by the Financial Services Authority (FSA).
This presentation has been issued or approved for use in or from Hong Kong by Goldman Sachs (Asia) L.L.C.
This presentation has been issued or approved for use in or from Singapore by Goldman Sachs (Singapore) Pte. (Company Number: 198602165W).
Goldman, Sachs & Co., member FINRA, is the distributor of the Goldman Sachs Funds.
GS Distressed OpportunitiesSM, GS PEP TechnologySM, GS Private Equity PartnersSM, and GS VintageSM are service marks of Goldman, Sachs & Co.