Website Terms of Service

1. Parties

The Website is owned and operated by Recursus Capital Partners and/or its affiliated entities, including investment management entities, general partner entities, management companies, and affiliates (collectively, "Recursus," "we," "us," or "our").

2. Informational and Educational Purposes Only

The Website is provided solely for informational and educational purposes. Nothing on the Website constitutes an offer to sell or a solicitation of an offer to buy any securities, investment, legal, accounting, tax, or other professional advice, a recommendation regarding any investment, strategy, or security, an offer or solicitation in any jurisdiction where such offer or solicitation would be unlawful, or a promise or guarantee of future performance.

Any offer or solicitation relating to an investment vehicle managed or advised by Recursus will be made only through definitive offering documents, including a confidential private placement memorandum, subscription documents, limited partnership agreement, operating agreement, or similar governing documents, and only to qualified investors in jurisdictions where permitted by law. The Website does not constitute a complete description of any investment vehicle, strategy, or investment opportunity.

3. Accredited Investors and Qualified Purchasers

Certain information or services accessible through the Website may relate to private investment funds or exempt offerings that are available only to persons who qualify as "Accredited Investors" under Regulation D of the Securities Act of 1933, "Qualified Clients" under the Investment Advisers Act of 1940, "Qualified Purchasers" under the Investment Company Act of 1940, and/or other similarly situated sophisticated investors.

Nothing on the Website is intended for retail investors or the general public. Recursus reserves the right to request verification of investor status and to deny access to materials or opportunities at its sole discretion.

4. No Investment Advice; No Fiduciary Relationship

Your use of the Website does not create an investment advisory relationship, fiduciary relationship, client relationship, broker-dealer relationship, or any other professional relationship. You acknowledge that any investment decisions you make are based solely on your own independent evaluation and consultation with your own professional advisers. You should not rely on any information on the Website in making investment decisions.

5. Risk Disclosures

Investing involves substantial risk, including the possible loss of principal. Alternative investments, hedge funds, private funds, and related investment strategies involve significant risks, including illiquidity, use of leverage, market volatility, concentrated positions, valuation uncertainty, counterparty risk, operational risk, regulatory risk, tax risk, strategy risk, and complete loss of invested capital.

Past performance is not indicative of future results. No assurance can be given that any investment objective will be achieved or that any investment strategy will be successful. Hypothetical, targeted, projected, or backtested returns are inherently speculative and may not reflect actual future performance.

6. Forward-Looking Statements

The Website may contain forward-looking statements, projections, estimates, targets, expectations, or opinions. These statements are based on assumptions, estimates, expectations, and subjective judgments that may prove to be inaccurate. Actual results may differ materially from those expressed or implied. Recursus undertakes no obligation to update forward-looking statements.

7. Performance Information

Any performance information presented on the Website may be unaudited, estimated, model-based, hypothetical, backtested, or preliminary. Performance results may exclude fees, expenses, or taxes; reflect model portfolios or simulated accounts; be based on assumptions that may not be realized; and be revised without notice. Past performance does not guarantee future results.

8. Third-Party Information

The Website may contain information obtained from third-party sources believed to be reliable. Recursus does not guarantee the accuracy, completeness, or timeliness of third-party information. Third-party content may contain errors or omissions, and third-party opinions do not necessarily reflect the views of Recursus. References to third-party entities, securities, indices, or investments are for illustrative purposes only and do not constitute endorsements or recommendations.

9. Confidentiality and Restricted Use

Certain materials accessible through the Website may constitute confidential or proprietary information. You agree not to reproduce, distribute, transmit, publish, display, modify, or create derivative works from Website content without prior written consent; share confidential materials with unauthorized parties; use Website content for competitive purposes; or attempt to gain unauthorized access to restricted portions of the Website. Unauthorized use may violate securities laws, intellectual property laws, confidentiality obligations, or other applicable laws.

10. No Reliance

You acknowledge that you are solely responsible for evaluating the merits and risks associated with use of the Website, you are not relying on Recursus for legal, tax, accounting, or investment advice, and you will consult your own professional advisers before making investment decisions.

11. Regulatory Status

Any references on the Website to regulatory filings, exempt reporting adviser status, registrations, or exemptions are provided solely for informational purposes. Such references do not imply endorsement by any governmental authority, approval by the U.S. Securities and Exchange Commission ("SEC") or any state securities regulator, or any particular level of skill or training.

12. User Conduct

You agree not to violate any applicable law or regulation; use the Website in connection with unlawful, fraudulent, or deceptive activities; interfere with Website operations or security; introduce malware, malicious code, or harmful material; attempt unauthorized access to systems or data; harvest or scrape information from the Website; or use automated systems to access the Website without authorization.

13. Contact Forms and Communications

If you submit information through the Website, you represent that the information is accurate and lawful to provide, consent to Recursus contacting you regarding your inquiry, and understand that electronic communications may not be secure. You should not submit sensitive personal information, banking credentials, Social Security numbers, account passwords, material nonpublic information, or confidential third-party information. Submission of a contact form does not create any client, advisory, fiduciary, or contractual relationship.

14. Electronic Communications Disclaimer

Email and internet communications may not be secure and may be intercepted, corrupted, lost, delayed, incomplete, or otherwise compromised. Recursus disclaims liability arising from electronic communications transmitted through the Website or email.

15. Intellectual Property

All Website content, including text, graphics, logos, branding, software, layouts, designs, research, analyses, and other materials, are owned by Recursus or its licensors and are protected by intellectual property laws. Except as expressly permitted, no content may be copied, reproduced, distributed, modified, displayed, republished, transmitted, or exploited without prior written consent.

16. Links to Third-Party Websites

The Website may contain links to third-party websites or services. Recursus does not control third-party websites, is not responsible for their content, policies, or security, and does not endorse third-party content or services. Your use of third-party websites is at your own risk.

17. Website Availability and Security

Recursus does not guarantee continuous Website availability, error-free operation, freedom from viruses or harmful components, or accuracy or completeness of Website content. Recursus may modify, suspend, restrict, or discontinue the Website at any time without notice.

18. Disclaimer of Warranties

THE WEBSITE AND ALL CONTENT ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY. TO THE MAXIMUM EXTENT PERMITTED BY LAW, RECURSUS DISCLAIMS ALL WARRANTIES, INCLUDING MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, TITLE, ACCURACY, RELIABILITY, SECURITY, AND AVAILABILITY.

19. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, RECURSUS AND ITS AFFILIATES, MEMBERS, MANAGERS, EMPLOYEES, AGENTS, SERVICE PROVIDERS, AND REPRESENTATIVES SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, EXEMPLARY, PUNITIVE, OR LOST PROFITS DAMAGES ARISING OUT OF OR RELATING TO USE OF THE WEBSITE, RELIANCE ON WEBSITE CONTENT, WEBSITE INTERRUPTIONS, CYBERSECURITY EVENTS, THIRD-PARTY CONTENT, OR COMMUNICATION FAILURES. THIS LIMITATION APPLIES REGARDLESS OF LEGAL THEORY AND EVEN IF ADVISED OF THE POSSIBILITY OF DAMAGES.

20. Indemnification

You agree to indemnify and hold harmless Recursus and its affiliates, officers, managers, members, employees, service providers, and agents from and against any claims, liabilities, damages, losses, costs, or expenses arising from your use of the Website, your violation of these Terms, your violation of applicable law, or your infringement of third-party rights.

21. Geographic Restrictions

The Website is not directed toward persons in jurisdictions where access or use would violate applicable law or regulation. Users accessing the Website from outside the United States do so at their own initiative and are responsible for compliance with local laws.

22. California Privacy Rights

California residents may have certain rights under the California Consumer Privacy Act ("CCPA"), California Privacy Rights Act ("CPRA"), and other applicable privacy laws. Please review our Privacy Policy for additional details.

23. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the State of Delaware, without regard to conflict of law principles.

24. Venue and Jurisdiction

Any dispute arising out of or relating to these Terms or the Website shall be brought exclusively in the state or federal courts located in Delaware. You consent to the jurisdiction of such courts.

25. Severability

If any provision of these Terms is held invalid or unenforceable, the remaining provisions shall remain in full force and effect.

26. Waiver

Failure to enforce any provision of these Terms shall not constitute a waiver of any rights.

27. Changes to Terms

Recursus may modify these Terms at any time without prior notice. Updated Terms become effective upon posting. Your continued use of the Website constitutes acceptance of revised Terms.

28. Investor Portal, Benchmarks, and Biographies

Any investor portal or login functionality made available through the Website is provided solely as a convenience to authorized users. Recursus reserves the right to suspend, restrict, or terminate portal access at any time without notice. Users are responsible for maintaining the confidentiality of login credentials.

References to benchmarks, volatility targets, downside protection, or risk-adjusted return objectives are illustrative only and do not represent guarantees of future performance or investment outcomes. Benchmark and index references are provided solely for illustrative and comparative purposes. Indices are unmanaged, unavailable for direct investment, and may materially differ from the strategy's composition, volatility, holdings, fees, and performance characteristics.

Descriptions of prior experience, prior employers, or prior business successes are included solely for background purposes and do not imply future investment success or endorsement by any referenced organization.

29. Contact Information

Recursus Capital Partners
Email: web@recursuscapital.com
Website: www.recursuscapital.com