cat list three

Hedge funds are speculative securities which involve a high degree of risk. Only those investors which can bear the loss of their entire investment should invest in these interests. This offering is not underwritten. The offering price has been arbitrarily set by the general partner. There can be no assurance that any of the securities will be sold. This offering contains forward-looking statements based on the experience of the General Partner and the Investment Manager and expectations about the markets in which the Fund intends to invest and the methods by which the General Partner and the Investment Manager expect to invest in those markets.