This website is the property of LongTail Alpha, LLC (“LongTail”). LongTail is registered with the Securities & Exchange Commission (“SEC”) as an investment adviser. LongTail is also registered with the Commodity Futures Trading Commission (“CFTC”) as a CTA and CPO and as a member of the National Futures Association (“NFA”). Neither registration with the SEC and CFTC, nor membership with the NFA implies a certain level of skill or training. All investing involves risk of loss, including the possible loss of all amounts invested.
You agree that the information on this site may not be transmitted (in any form) to any other person (other than your legal, accounting and financial advisors) without LongTail’s prior written consent. You agree to keep all such information confidential and to use such information solely for evaluating and/or monitoring an investment in an investment vehicle managed by LongTail. Certain portions of this website may be accessed only by (i) current LongTail investors, (ii) prospective investors who are qualified as to both suitability and net worth and with whom LongTail has a substantive preexisting relationship or (iii) the legal, accounting and financial advisors of persons described in (i) and (ii). Any investment strategies referred to herein may transact business in your state or jurisdiction only if first excluded or exempted from applicable registration requirements.
All materials on this site are meant to be reviewed in their entirety, including any footnotes, legal disclaimers, restrictions or disclosures, and any copyright or proprietary notices. Any disclaimers, restrictions or disclosures apply to any partial document or material in the same manner as they do the whole, and will be deemed incorporated in the portion of any material that you consult or download.
Qualified Eligible Persons
Information on this website is intended for use only by persons and entities that are “Qualified Eligible Persons” as defined in CFTC Regulation 4.7. Past results are not necessarily indicative of future results. Futures and options trading is extremely speculative and highly risky and is not suitable for all investors. There can be no assurance that an account or fund will earn any profits at all or will be able to avoid incurring substantial losses, including the entire loss of the investment.
Pursuant to an exemption from the CFTC in connection with accounts of qualified eligible persons, this document is not required to be, and has not been, filed with the commission. The CFTC does not pass upon the merits of participating in a trading program or upon the adequacy or accuracy of commodity trading advisor disclosure. Consequently, the CFTC has not reviewed or approved any of the trading programs or any of the information on this website. Nothing contained in this website constitutes investment, legal or tax advice.
Not Investment Advice or a Public Solicitation
This website and the information contained herein are for informational purposes only and do not constitute a complete description of our investment management services or investment vehicles. It is not intended as investment advice. The information contained herein constitutes neither an offer to sell nor a solicitation of an offer to purchase any securities. Such an offer will be made only to qualified investors by means of a private offering memorandum and related subscription documents and only in those jurisdictions where permitted by law.
Investment Risks and Performance Information
Hedge funds and other alternative investments are illiquid, subject to a substantial risk of loss and are not suitable for many investors. An investment in a LongTail investment strategy is subject to a variety of risks, certain of which are disclosed in the relevant investment vehicle’s private offering memorandum.
Past performance is not necessarily indicative of future results and is no guarantee of future returns. Return objectives are only targets and may not be achieved. Performance figures are unaudited estimates and are based on information from third-party sources that may be inaccurate or incomplete. Any comparison to an index is for illustrative purposes only. The investment strategies and risk characteristics of LongTail investment strategies are typically different from those of an index. Individual returns may vary due to, among other things, the timing of capital contributions and withdrawals, side pocket investments, tax withholding, special allocations of new issues and/or different fee arrangements.
LongTail believes that the information it provides is reliable. Nevertheless, neither LongTail nor its agents are liable for any deficiencies in the accuracy, completeness, availability or timeliness of such information. The information provided on this website does not necessarily reflect the most up to date or current information available on the investment vehicle in question. The information contained herein is provided without any warranty of any kind.
Ownership of Site, Copyright and Service Mark
This website is the property of LongTail. The LongTail website and any and all accompanying screens, information, materials, user documentation, user interfaces, images, arrangements of information, related software and other proprietary property of LongTail or its licensors is and shall remain the exclusive property of LongTail and its licensors, as the case may be. All rights to the website remain with LongTail or its licensors. This site is for your personal and non-commercial use. You may not modify, distribute, transmit, display, perform, reproduce, publish, license, create derivative works from, transfer or sell any information, software, products or services obtained from this site.
You acknowledge that any information provided through the internet may be potentially accessed by unauthorized third parties. Although LongTail will make reasonable efforts to protect the privacy of users of this site, no guarantee can be made that unauthorized third parties will not access the information contained on the website. You acknowledge that LongTail is not necessarily responsible for notifying you that unauthorized third parties have gained such access or that any data has been otherwise compromised during transmission across computer networks or telecommunications facilities, including, but not limited to, the internet.
Passwords and Security
You are responsible for the confidentiality and use of your password. Your password is an important means of protection for you. You agree to contact us immediately if you believe that an unauthorized person has obtained access to your password.
LongTail has not necessarily reviewed unaffiliated sites linked to this site, if any, and is not responsible for the content of off-site pages or any other site linked or linking to this site. Your browsing of any off-site pages or other sites is at your own risk. LongTail makes no representations whatsoever about the opinions of any third party appearing on a linked site, neither regularly monitors nor has control over the contents of such sites, and does not endorse, and disclaims all responsibility for, the content of such statements or websites.
No Warranty or Reliance
Performance information, market analyses or data or other information is not warranted by LongTail or its affiliates as to completeness or accuracy, express or implied, and such information is subject to change without notice.
The website, including information and materials contained in the website, text, graphics, software, links and other items are provided “as is,” “as available” without warranty of any kind, either express or implied, to the fullest extent permissible pursuant to applicable law. Without limitation, LongTail does not warrant the accuracy, adequacy, completeness, reliability, timeliness or availability of the website or any information on this site, and expressly disclaims liability for errors or omissions in the website. There is no warranty of merchantability, no warranty of fitness for a particular purpose, no warranty of non-infringement, no warranty of any kind, implied, express or statutory, in conjunction with the website. Any contents on this site are subject to change without notice. LongTail further assumes no responsibility for, and makes no warranties that, functions contained at this site will be uninterrupted or error-free, that defects will be corrected, or that the site or the server that makes it available will be free of viruses or other harmful components. Please note that some jurisdictions do not allow the exclusion of certain warranties, so some or all of the above exclusions may not apply to you.
Limitation of Liability
In no event will LongTail be liable for any damages, or for repairs or corrections that must be performed, to or on your computer, person or other property, including, without limitation, direct or indirect, special, incidental, or consequential damages, losses or expenses arising in connection with the website or use thereof or the inability by any party to use such site, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure, even if LongTail, or representatives thereof, are advised of the possibility of such damages, losses or expenses.