Risks

PLEASE READ THE FOLLOWING INFORMATION CAREFULLY 

When considering investing in alternative investments, such as hedge funds and fund of funds, you should consider the risks including the fact that some hedge fund and fund of funds products use leverage and other speculative investment practices that may increase the risk of investment loss, can be illiquid, may involve complex tax structures and delays in distributing important tax information, are not subject to the same regulatory requirements as mutual funds, often charge high fees, and in many cases the underlying investments are not transparent and are known only to the investment manager.

You should be aware that investing in alternative investment strategies such as those offered by Ascendant Capital Partners presents special risks:

• Hedge funds and fund of hedge funds generally offer less liquidity than other investment securities, and are generally not subject to regulation under the U.S. federal securities laws.

• Hedge funds and fund of hedge funds are often dependent upon the efforts of one or a relatively few number of individuals for their success.

• Hedge funds and fund of hedge funds typically offer only periodic redemptions, and there is generally no secondary market for investors to access for liquidity purposes.

As a strategy that invests in hedge funds, Ascendant’s approach presents additional considerations for investors:

• The strategy is dependent upon the ability of Ascendant to select and hold individual hedge funds.

• Investors cannot readily sell or dispose of their interests in the secondary market, and may not look to Ascendant for liquidity.

• The strategy involves fees to Ascendant, which adds additional fees and expenses and can materially impact an investor’s returns

Limited Regulatory Oversight

While the strategies offered by Ascendant are registered under the Investment Company Act of 1940, as amended (the “1940 Act”), it is not anticipated that any of the underlying hedge fund managers invested with will be registered under the same Act.

This website is offered for informational purposes only and does not constitute an offer to sell any securities. An offer or solicitation will be made only through the Prospectus and Subscription Agreement. The Prospectus contains additional information that is needed to make an informed evaluation of the Fund and the risks it may present. The Prospectus also outlines detailed information regarding fees and expenses. Before making any investment decision, potential investors should read the Prospectus carefully.

Investing in the Ascendant Capital Partner portfolios is not suitable for all investors. The investment is illiquid and not listed on any exchange. This type of investment is mean for sophisticated investors who understand the risks involved.

Ascendant Capital Partners is not acting as the adviser or agent for any clients purchasing shares. Investors should not rely on Ascendant in making any individual investment decisions

Keep in mind that the past performance of any investment is not necessarily indicative of future results. You should only commit risk capital to any investment product. Alternative investment products, including hedge funds and fund of hedge funds, are not for everyone and entail risks that are different from more traditional investments. You should obtain investment and tax advice from your advisors before deciding to invest.