Individuals who access the information made available on the TORO Properties Group ('TORO') web site (the 'website') agree to the following:

For Information Only

The information contained herein does not constitute a distribution, an offer to sell or the solicitation of an offer to buy any securities or investments in any jurisdiction in which such distribution or offer is not authorized. In particular, the information herein is not for distribution and does not constitute an offer to sell or the solicitation of any offer to buy any securities or investments in the United States ("US") to or for the benefit of any US person (being residents of the US or partnerships or corporations organized under the laws of the US).

No information in this website constitutes investment, legal, tax or other advice nor is it to be relied upon in making an investment decision.

Subscriptions for investment in any TORO investment or fund will only be made on the basis of the current investment prospectus or offering circular (or other offering document) for the relevant investment or fund.

Risk Factors
Our strategies are available only to qualified investors who have reviewed detailed information concerning investment terms and risks. These risks may include the following:

• Performance can be volatile, and an investor could lose a substantial amount of his or her investment.
• The strategy may use leverage.
• The investor typically retains very little to no control over assets placed with us.
• None of our strategies is intended, by itself, to provide an investor with an investment program that is diversified or otherwise tailored to suit any investor's overall investment needs.
• An investor's account may not be liquid or transferable.
• Fees and expenses may offset investment profits.
• We may be subject to certain conflicts of interest.

Investment Performance

Investors should seek financial advice regarding the appropriateness of investing in any investment strategies discussed or recommended in this website and should understand that statements regarding future prospects may not be realized. Investors should note that income or gains from such investments may fluctuate and that each investment’s value may rise or fall. Accordingly, investors may receive back less than originally invested. Past performance is not necessarily a guide to future performance.

No Warranties

All information and content on this website is furnished "AS IS," without warranty of any kind, express or implied, including but not limited to implied warranties of merchantability, fitness for a particular purpose, or investor. TORO, its managing partners, subsidiaries or affiliates will not assume any liability for any loss or damage of any kind, arising from, whether direct or indirect, or caused by the use of any part of the information provided.

Proprietary Rights

No permission is in shall not be published, rewritten for broadcast or publication or redistributed in any medium without granted to copy, distribute, modify, post or frame any text, graphics, video, audio, software code, or user interface design or logos. The entire website is subject to copyright with all rights reserved.

The information contained in shall not be published, rewritten for broadcast or publication or redistributed in any medium without prior written permission from TORO.

Use of Links

This website may contain hyperlinks to websites operated by other parties. TORO does not control the content or accuracy of information on such websites and does not otherwise endorse the material placed on such sites. The hyperlinks are provided for your reference only.