Offerings Disclaimer

Each Fund on this website is a collective investment scheme. They have not been approved by the Financial Services Authority or any other regulatory authority and are accordingly unregulated schemes and cannot be marketed to the general public in the UK. Future Capital Partners (FS) Limited, which is authorised and regulated by the Financial Services Authority, has approved the contents of this website only for communication to persons qualifying as investment professionals and by them to persons under the CIS Promotion Order or under the rules of the Financial Services Authority, including communication by an Investment Adviser to those of its clients for whom the Investment Adviser considers investment in an LLP to be suitable.

This website does not constitute an offer to sell or a solicitation of an offer to purchase securities and in particular does not constitute an offering in any state, country or other jurisdiction where, or to any person or entity to whom, an offer or sale would be prohibited. No offering of any interests in any partnership established pursuant to the proposals in this Proposal is intended to be registered in accordance with any securities or investment funds legislation in the United States of America. In particular, the offering of Partnership interests will not be registered under the US Securities Act 1933 and the partnerships will not be registered as investment companies pursuant to the US Investment Company Act 1940. Accordingly, no interest in any such partnership is permitted to be issued or transferred to, or acquired by, any US person (as that term is defined in accordance with Regulation S promulgated under the Securities Act 1933).

Where this Proposal is communicated by any person who is "authorised" under the FSMA to any other person, it is to be so communicated only to (and is directed only at) other authorised persons or permitted persons but not otherwise. Any recipient of the information on the website who is not an authorised person may not communicate it or the information in it, or otherwise promote participation in the LLPs, to any other person in the United Kingdom.

Permitted persons include (but are not limited to):

 - "established" or "newly accepted" customers of any authorised person in respect of whom that authorised person has taken reasonable steps to ensure that investment
in an unregulated collective investment schemes is suitable..

- "investment professionals", customers who have professional experience in participating in unregulated collective investment schemes;

- "high net worth companies, unincorporated associations, partnerships or trustees of high value trusts" - an entity that qualifies as follows:

An undertaking with share capital or nest assets of at least £5Million;

 - "high net worth individuals" - a person who is able to certify one of the following:
            (a) I had, during the financial year immediately preceding the date below, an annual income to the value of £100,000 or more; or
            (b) I held, throughout the financial year immediately preceding the date below, net assets to the value of £250,000 or more. Net assets for these purposes do notinclude-
                    (i) the property which is my primary residence or any loan secured on that residence;
                        (ii) any rights of mine under a qualifying contract of insurance; or
- "sophisticated investors"- a person who is able to certify one of the following:

- "sophisticated investors"- a person who is able to certify one of the following:
                (a) I am a member of a network or syndicate of business angels and have been so for at least the last six months prior to the date below;
            (b) I have made more than one investment in an unlisted company in the two years prior to the date below;
            (c) I am working, or have worked in the two years prior to the date below, in a professional capacity in the private equity sector, or in the provision of finance for small and medium enterprises;
            (d) I am currently, or have been in the two years prior to the date below, a director of a company with an annual turnover of at least £1 million.