Any offer is made only in accordance with the relevant Constitutive Documents, which must be read in full. No offer to invest in the Fund will be made or accepted until PIC Funds has received from the prospective investor all appropriate documentation duly completed, including for the purposes of complying with Know Your Customer procedures ("KYC").
Nothing in this Disclaimer is binding or creates any obligations or commitments on the part of any prospective investor and PIC Funds, nor have specific needs or objectives been considered for any prospective investor.
PIC Funds disclaims any responsibility concerning actions taken based on any information contained in this Disclaimer, not guaranteeing its precision or completeness, and assumes no liability for any direct losses or that result from the application of this information.
Prior to making any investment decision, prospective investors should, at their own expense, consult with their own legal, investment, accounting, tax and other advisors to determine the consequences of any investment opportunities and make an independent evaluation of such opportunities. Prospective investors are also advised to carefully read the Fund’s Constitutive Documents.
The information provided by PIC Funds assumes that each prospective investor has adequate knowledge and skills to assess the benefits and risks associated with investing in private equity instruments, namely that there is no guarantee on the capital invested and that the income generated may be insufficient to adequately compensate the investor for the business and financial risks to which he or she is exposed. As such, prospective investors may lose all or part of the invested capital.
The historical performance of PIC Funds’ other funds under management is not necessarily an indication of future good performance of the Fund, and prospective investors must be aware that the investment in the Fund is a long term investment, and consequently no returns or capital distribution may be provided to the investors before the Fund’s term.
Macroeconomic conditions such as interest rates, exchange rates and availability of funding are subject to changes and may consequently deteriorate the conditions under which the Fund’s portfolio companies conduct their business. Also, applicable Regulations and Legislation may have an adverse impact on the benefits or income attributated to investors.
The success of the Fund substantially depends on the capacity of PIC Funds to identify, select and execute good investments. There are no guarantees that all the identified and appropriate investment opportunities will be realized, nor that all the Fund’s capital will be invested.
