THIS WEBSITE DOES NOT CONSTITUTE AN OFFERING OF INTERESTS (“INTERESTS’) IN BLUE LION CAPITAL OR ITS AFFILIATED FUNDS (THE “FUND”).  SUCH INTERESTS MAY ONLY BE OFFERED THROUGH A PRIVATE PLACEMENT MEMORANDUM, SUBSCRIPTION AGREEMENT AND INVESTOR QUESTIONNAIRE.  THIS DOCUMENT IS NOT, AND UNDER NO CIRCUMSTANCES IS TO BE CONSTRUED AS, A PROSPECTUS, ADVERTISEMENT OR OFFERING OF THE INTERESTS.  AN INVESTMENT IN THE FUND IS SPECULATIVE AND INVOLVES SIGNIFICANT RISKS AND COULD RESULT IN A LOSS OF ALL OR A PORTION OF AN INVESTMENT IN THE FUND CAPITAL.  PROSPECTIVE INVESTORS SHOULD CAREFULLY READ THE PRIVATE PLACEMENT MEMORANDUM, SUBSCRIPTION AGREEMENT AND INVESTOR QUESTIONNAIRE (INCLUDING SPECIFICALLY THE SECTIONS ENTITLED “INVESTMENT OBJECTIVES AND STRATEGIES”, “CONFLICTS OF INTEREST” AND “RISK FACTORS”) BEFORE MAKING ANY INVESTMENT DECISION.  A COPY OF THESE DOCUMENTS WILL BE PROVIDED UPON REQUEST.

THERE CAN BE NO ASSURANCE THAT THE INVESTMENT OBJECTIVES OF BLUE LION CAPITAL WILL BE ACHIEVED.  THE STATEMENT OF BLUE LION’S INVESTMENT OBJECTIVES AND THE STATEMENT OF THE RISK MANAGEMENT STRATEGY, ARE STATEMENTS OF OBJECTIVES ONLY.  THEY ARE NOT PROJECTIONS OF EXPECTED PERFORMANCE, NOR GUARANTEES OF ANTICIPATED INVESTMENT RESULTS.  THE WEIGHTING OF INVESTMENT POSITIONS IN THE FUND’S PORTFOLIO MAY VARY FROM TIME TO TIME AND MAY NOT MATCH THE PORTFOLIO CONSTRUCTION PARAMETERS SET FORTH HEREIN.  THE FUND MAY ENGAGE IN INVESTMENT STRATEGIES NOT DESCRIBED HEREIN THAT BLUE LION CONSIDERS APPROPRIATE.  IN ADDITION, THE ALLOCATION AMONG THE VARIOUS INVESTMENT STRATEGIES MAY CHANGE FROM TIME TO TIME AS BLUE LION CONSIDERS APPROPRIATE.  ACTUAL PERFORMANCE AND RESULTS MAY VARY SUBSTANTIALLY FROM THE STATED OBJECTIVES.  THERE CAN BE NO ASSURANCE THAT ANY SUCH OBJECTIVES WILL BE ACHIEVED, OR THAT SUCH STRATEGY WILL BE SUCCESSFUL.