THIS SUMMARY DOES NOT PURPORT TO BE ALL-INCLUSIVE OR TO CONTAIN ALL OF THE INFORMATION THAT PROSPECTIVE INVESTORS MAY DESIRE IN INVESTIGATING THE FUND AND THEIR INVESTMENT.

THIS MEMORANDUM CONTAINS A FAIR SUMMARY OF THE MATERIAL TERMS OF THE DOCUMENTS PURPORTED TO BE SUMMARIZED HEREIN. HOWEVER, THIS IS A SUMMARY OF SUCH DOCUMENTS ONLY AND DOES NOT PURPORT TO BE COMPLETE.

COMPLETE COPIES OF THE PRIVATE PLACEMENT MEMORANDUM, AGREEMENTS AND DOCUMENTS WILL BE AVAILABLE TO PROSPECTIVE INVESTORS UPON REQUEST.

THE FUND IS NOT MAKING ANY REPRESENTATIONS OR WARRANTIES OF ANY KIND, AND NONE SHOULD BE INFERRED WITH RESPECT TO THE FUND OR THE ECONOMIC RETURNS OR TAX ADVANTAGES, IF ANY, WHICH MAY ACCRUE TO PROSPECTIVE INVESTORS.

MARKET DATA AND CERTAIN INDUSTRY FORECASTS AND MARKET RESEARCH, WHILE BELIEVED TO BE RELIABLE, HAVE NOT BEEN INDEPENDENTLY VERIFIED BY THE FUND OR ITS ADVISERS, AND NO REPRESENTATIONS AS TO THE ACCURACY OF SUCH INFORMATION IS BEING MADE.

USE OF MOVIE TITLES AND COMMERCIAL PRODUCTS IN THESE MATERIALS ARE FOR INFORMATIONAL AND ILLUSTRATIVE PURPOSES ONLY AND WITHOUT THE PERMISSION OF THE OWNERS AND/OR RIGHTS HOLDERS OF THE MOVIES OR COMMERCIAL PRODUCTS.