IMPORTANT LEGAL INFORMATION

Warning

 

Information contained on this website as well as the products, services, tools and material contained or described herein (the “Website”) is only appropriate for viewing by sophisticated financial markets participants, which have an in-depth knowledge of financial markets, in particular of the private equity market.

 

 

By accessing this Website, you confirm that:

 

you are doing so at your own initiative and that any subsequent investment by you in a product or service related to Paros Capital AG may not be covered by the laws and regulations governing the sales of securities and provision of financial services in your jurisdiction;

 

you are permitted under the laws applicable to you and any organisation which you represent to access this Website.

 

In the event that you are unable to provide the confirmations above, you are forbidden from accessing the Website and Paros Capital AG disclaims all liability arising to you as a result of your prohibited access of the Website.

 

Notice to Swiss residents: The collective investment schemes described on this Website have not been approved by the Swiss Financial Market Supervisory Authority (“FINMA”) for distribution to non-qualified investors pursuant to Article 120 of the Federal Act of 23 June 2006 on Collective Investment Schemes, as amended (“CISA”). Any offering of, or advertising for, such collective investment schemes in or from Switzerland is only permitted vis-à-vis qualified investors in terms of Article 10 paras. 3 to 4 CISA (“Qualified Investors”). Accordingly, the content of this Website is addressed exclusively to Qualified Investors. Investors in the Funds benefit from the investor protection provided by CISA to a limited extent only and the collective investment schemes, as well as the entities and persons involved in their management and distribution, are subject to either no or only limited supervision by a supervisory authority.

 

Notice to US Persons and residents in the United Kingdom and Channel Islands: The products and services described on this Website are not available nor are they offered to (or for the benefit of) US persons and will furthermore not be publicly offered to persons residing in the United Kingdom, the Channel Islands or any other country restricting the offering of such products and services.

 

 

General

 

This Website is operated by Paros Capital AG AG, Zugerstrasse 8a, 6340 Baar, Switzerland, a limited liability company. Paros Capital AG assumes responsibility for the website (as defined hereinafter) in so far as compliance with Swiss laws and regulations is concerned.

 

Paros Capital AG, its officers, employees, affiliates and partners monitor and update the information on this Website. Despite reasonable care, data may subsequently have changed or be based on incorrect information from third parties. Paros Capital AG or any of its officers, employees, affiliates or partners do not make any representations (expressed or implied), or offer any guarantees, as to the accuracy, timeliness, reliability, completeness, fairness or availability of the information, the data and the opinions contained on this Website (or that this Website will not illegally be modified by third parties). This Website can be changed at any time without prior announcement or obligation to notify any persons of such changes.

 

Any liability (including for negligence of any kind) of Paros Capital AG, its officers, employees, affiliates and its partners for direct, indirect, special, incidental or consequential damages (including damages for losses on investments or lost profits or for any claim or demand by any third party, even if Paros Capital AG or any of its officers, employees, affiliates or partners knew or had reason to know of the possibility of such damages claim or demand arising under any theory of law in tort, contract, strict liability) from, or in connection with, the access (or the inability of access) to or use of the Website is excluded (and is hereby expressly disclaimed by Paros Capital AG) to the fullest extent permitted under applicable law and regulations. Similarly, Paros Capital AG, its officers, employees, affiliates and its partners shall not be held liable for factors beyond their control and for any loss or damage sustained to your technical environment, including your computers, software, network equipment (modems, routers, telephones, etc.) and any equipment used to access or use the service and/or information.

 

 

No offer or advice

 

Any information on this Website is supplied purely for information purposes. Nothing on this Website shall constitute an offer to buy or sell any products or services, including but not limited to any securities, financial instruments, investment fund shares or other investments or an investment, legal, tax or accounting advice. In particular, this Website is not and does not contain an offer to invest in investment vehicles and / or companies advised by Paros Capital AG (collectively the “investments”). Any offer, solicitation or invitation to invest in a company will be made solely pursuant to the final offering memoranda relating to that company (as amended, restated and/or supplemented from time to time)

 

 

Risk related to financial products/suitability

 

An investment in the financial instruments described on this Website involves risks. These risks may include or relate to, among others, equity market, bond market, foreign exchange, interest rate, credit, market volatility, insurance and political risks and any combination of these and other risks. Risk factors may occur simultaneously and/or may compound each other resulting in an unpredictable effect on the value of the funds. Some of these risk factors are discussed in the offering memoranda relating to these investment instruments. Prospective investors should be experienced with respect to sophisticated private equity investments. Investors should understand the risks associated with an investment in the Funds or investment company and should only reach an investment decision after careful consideration with their legal, tax, accounting, financial and other advisers of (i) the suitability of an investment in the light of their own particular financial, fiscal and other circumstances and (ii) the information set out in the offering memorandum relating to the respective Fund.

 

Investors should recognize that the interests in private equity investments may rise and decline in value. Investors should only contemplate investing in private equity (and other similar illiquid and high risk assets) if they are prepared and have the ability to sustain a total loss of their investment. The historical performance of an investment instrument is no guarantee of its current and future performance.

 

 

Forward-looking statements

 

This Website may contain statements that constitute forward-looking statements. Although Paros Capital AG believes the expectations reflected in such statements to be reasonable, by their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that predictions, forecasts, projections and other outcomes described or implied in forward-looking statements will not be achieved. The statements contained herein speak only as of the date that they were posted to the Website. Actual results may differ materially from any forward-looking statements due to a number of factors, including future and/or unforeseen changes or developments in the business, competitive environment and political, economic, legal and social conditions in investment jurisdictions. Given these uncertainties, persons accessing the Website are cautioned not to rely on such forward-looking statements, and should rely entirely on their own independent enquiries, investigations and advice regarding any information contained on the Website.

 

 

Material interests

 

Paros Capital AG, and its affiliates, may from time to time, to the extent permitted by applicable law and/or regulation, deal in, profit from the trading of, hold or act as market-makers or act as investment advisers or investment managers in relation to a investment company or other investment instruments described on this Website (or on instruments relating thereto) or other entities mentioned on this Website or be represented on the board of such funds, firms or entities. Employees of Paros Capital AG, and its affiliates or partners, or individuals connected to them may from time to time have a position in or be holding any such investment instruments.

 

Paros Capital AG, its officers, employees, affiliates or partners may, to the extent permitted by applicable law and/or regulation, act upon or use the information or opinions it presents on this Website, or the research or analysis on which such information or opinions are based, before the information is published.

 

 

Internet security/use of e-mail

 

When accessing this Website you should be aware that the internet is generally not regarded as a secure environment, and that data sent via the internet can be accessed by unauthorized third parties, potentially leading to disclosures, changes in content or technical failures. Data sent via the Internet may be transmitted across international borders even though both sender and receiver are located in the same country. Paros Capital AG does not accept any responsibility or liability for the security of data whilst in transit via the internet. In order to protect your privacy you may choose other means of communication in your communication with us such as fax or mail. We may store “cookies” on your computer system to facilitate your browsing. A “cookie” stores information concerning your browsing on this Website (pages already accessed, time and date). In this context we refer to our Privacy Policy (Appendix I – Cookie Policy).

 

 

Links

 

Activating certain links (if any) on this Website may cause you to leave this Website. Such links, addresses or hyperlinks are provided solely for your convenience and information. Paros Capital AG has not reviewed any of the websites linked with or connected to this Website, or which provide links to this Website, and does not accept any liability for their contents, the offered products or services or any other offers. Using links from this Website to any website not owned by Paros Capital AG is at your own risk.

 

 

IP Rights

 

The information and material on this Website (including all text, documents, information, graphics and images) is owned by or licensed to Paros Capital AG or its affiliates (or Paros Capital AG or its affiliates are otherwise permitted to use such information) and such information is subject to and protected by various intellectual property rights, including but not limited to copyright, trade secrets, trademarks, service marks, brand names and other proprietary rights whether under contract, statute or any similar provisions in the jurisdictions where Paros Capital AG or its affiliates conduct their business (“IP Rights”). All IP Rights are and shall remain the exclusive property of Paros Capital AG or its affiliates, their respective third party licensors or third parties to whom it is attributed and in registering and using the Website you shall not obtain any rights, title or other interest in or to any information and material on this Website or the related IP Rights. By accessing this Website, you agree at all times to protect and respect the IP Rights of Paros Capital AG, its affiliates and any third parties and to comply with all requests by Paros Capital AG, its affiliates or a third party in relation to such IP Rights. You agree to notify Paros Capital AG of any claim that the Website infringes the intellectual property rights of a third party. Subject to the above, you are entitled (subject to any applicable restrictions in your jurisdiction) to view the information and material on the Website and to copy and print such information for your personal use but only by using a publicly available standard internet browser. You are not permitted to sell or distribute or otherwise deal with the information on this Website or any deviations of such information without the prior written consent of Paros Capital AG.

 

 

Current references

 

All references to “euro” or “EUR” refer to the currency of the member states of the European Union that adopt the single currency in accordance with the Treaty establishing the European Economic Community (signed in Rome on 25 March 1957), as amended; to “USD” refer to the currency of the United States of America; to “CHF” refer to the currency of Switzerland.

 

 

Data Protection

 

Please refer to our Privacy Policy.

 

 

Changes to these Terms

 

We may alter these Terms at any time. Any such changes will become binding on you upon your first use of the Website after the changes have been implemented. You are therefore advised to check this Website from time to time. In the event of any conflict between the current version of these Terms and any previous version(s), the provisions current and in effect shall prevail unless it is expressly stated otherwise.

 

 

Law and Jurisdiction

 

These Terms shall be governed by and construed in accordance with Swiss law (to the exclusion of Swiss Private International Law and international treaties, in particular the Vienna Convention on the International Sale of Goods dated April 11, 1980). Any disputes concerning these Terms shall be subject to the jurisdiction of the competent courts at the domicile of Paros Capital AG in Baar.