Note: (1) Gross IRR (for this purpose) is an annualized return and on a pre-tax basis (at the investor level) and does not reflect the deduction of management fees, performance compensation or operating and administrative expenses. Targets are not guarantees of future performance, are presented for informational purposes only, and there is no assurance that they will be achieved. While the Manager believes all targets to be reasonable and sound under the current circumstances, they are based on numerous assumptions and actual returns may differ materially. Past performance is no guarantee of future results. (2) Represents annualized net return on initial capital after the deduction of management fee and performance compensation, but it does not reflect the deduction of operating and administrative expenses. (3) Distributions of the net profits are not a guaranteed distribution and are subject to the cash availability of the fund. The manager and the fund make no guarantees, assurances, or commitments to the distribution of any returns. The manager will only make distributions to the extent cash is available, in the sole and absolute discretion of the manager, and the extent that any distributions will not impact the continuing operations of the fund. (4) Subject to the conditions and limitations set forth in the respective Limited Liability Company Operating Agreements. (5) Withdrawal requests are processed on the 1st and 15th day of each month upon the Manager's approval. Approval decision to be made within 45 days of request. Fund must have available cash flow to satisfy the requested withdrawal and Manager may take into consideration other factors such as the Fund’s financial condition and prospective transactions in assets. Withdrawal is at a first come first serve basis with quarterly and annual withdrawal amount limitation and subject to a processing fee