This information is confidential. Accordingly, it should not be copied, distributed, published, referenced or reproduced, in whole or in part, or disclosed by any recipient to any other person. By accepting this, the recipient agrees that neither it nor its employees or advisors shall use the information contained herein for any other purpose than evaluating the transaction. This website, and the information contained herein, is not for viewing, release, distribution or publication in any jurisdiction where applicable laws prohibit its release, distribution or publication.
This website is published by Tosca Debt Capital LLP (“TDC”). TDC is an Appointed Representative of Toscafund Asset Management LLP which is authorised and regulated by the Financial Conduct Authority (“FCA”) and registered with the U.S. Securities and Exchange Commission as an Investment Adviser. It is intended for Eligible Counterparties and Professional Clients only, it is not intended for Retail Clients.
The collective investment schemes managed by Toscafund (the “Funds”) are unregulated collective investment schemes, which pursuant to sections 238 and 240 of the Financial Services and Markets Act 2000 may only be promoted to persons who are sufficiently experienced and sophisticated to understand the risks involved and satisfy the criteria relating to investment professionals. Persons other than those who would be regarded as investment professionals must not act upon the information in this document or acquire units/shares in the schemes to which this document relates.
The information contained in this website is believed to be accurate at the time of publication but no warranty is given as to its accuracy and the information, opinions or estimates are subject to change without notice. Views expressed are those of Toscafund only. The information contained was obtained from various sources, has not been independently verified by Toscafund or any other person and does not constitute a recommendation from Toscafund or any other person to the recipient. In furnishing this information Toscafund undertakes no obligation to provide the recipient with access to any additional information to update or correct the information.
The information contained in this website does not constitute a distribution, an offer to sell or the solicitation of an offer to buy any securities or products in any jurisdiction in which such an offer or invitation is not authorised and/or would be contrary to local law or regulation. Specifically, this statement applies to the United States of America (“USA”) (whether residents of the USA or partnerships or corporations organised under the laws of the USA, state or territory), South Africa and France. Any offering is made only pursuant to the relevant offering and the relevant subscription application, all of which must be read in their entirety. No offer to purchase securities will be made or accepted prior to receipt by the offeree of these documents and the completion of all appropriate documentation.
Prospective investors should inform themselves and take appropriate advice as to any applicable legal requirements and any applicable taxation and exchange control regulations in the countries of their citizenship, residence or domicile which might be relevant to the subscription, purchase, holding, exchange, redemption or disposal of any investments in the Funds. In certain jurisdictions the circulation and distribution of this document and the sale of interests in the Funds are restricted by law. The information provided herein is for general guidance only, and it is the responsibility of any person proposing to purchase interests in any of the Funds to inform himself, herself or itself of, and to observe, all applicable laws and regulations of any relevant jurisdiction. Prospective investors must determine that: (i) they have the authority to purchase interests; (ii) there are no legal restrictions on their purchase of interests; and (iii) the offer or sale of interests is lawful in the jurisdiction applicable to them.
Funds managed by Toscafund have agreed to modify investment terms for certain investors for bona fide commercial reasons, subject to applicable law and regulation. Lower performance and management fees were negotiated in the case of certain institutions and individuals who made seed investments, substantial investments or who agreed to specified lock-up periods. An investor was also provided with the right to the same preferential treatment agreed with (if so agreed) subsequent similar or smaller investors. None of the investors with whom modifications have been agreed have any legal or economic links (other than as investors) with the funds managed by Toscafund and/or with Toscafund. Notwithstanding the foregoing, reduced fees may be payable by Toscafund partners and employees. To the extent there have been any modifications, these have not resulted in an overall material disadvantage to other investors.
No liability is accepted by any person within Toscafund for any losses or damage arising from the use or reliance on the information contained in this website including, without limitation, any loss or profit, or any other damage; direct or consequential. No person has been authorised to give any information or to make any representation, warranty, statement or assurance not contained in the relevant offering and, if given or made, such other information, representation, warranty, statement or assurance may not be relied upon. The content of this website may not be reproduced, redistributed, or copied in whole or in part for any purpose without Toscafund’s prior express consent. This website is not an advertisement and is not intended for public use or distribution. The source of all graphs and data is as stated, otherwise the source is Toscafund.
For Swiss prospective investors: The Funds marketed by TDC have not been approved for distribution in or from Switzerland by the Swiss Financial Market Supervisory Authority. As a result, the Fund’s shares/units may only be offered or distributed to qualified investors within the meaning of Swiss law. The Representative of the Fund in Switzerland is Bastions Partners Office SA with registered office at Route de Chêne 61A, 1208 Geneva, Switzerland. The Paying Agent in Switzerland is Banque Heritage, with registered office at Route de Chêne 61, 1208 Geneva, Switzerland. The place of performance and jurisdiction for Shares/Units of the Fund distributed in or from Switzerland are at the registered office of the Representative.
Past performance is not an indicator of future performance and the value of investments and the income derived from those investments can go down as well as up. Future returns are not guaranteed and a total loss of principal may occur. Please note that performance information is not available for five years.
© 2017, Toscafund, All rights reserved