Risk & lock-up disclosures.
Read this before you invest. This is a template your legal counsel must review and adapt to your jurisdiction and licences.
Capital at risk
Private credit and venture investments can lose some or all of their value. Target yields are estimates, not guarantees, and past repayment performance does not predict future results.
Default and restructuring
Borrowers may pay late, pay partially, or stop paying. Loans can be restructured, which may reduce or delay distributions. Collateral may be worth less than expected and recovery can take time and cost money.
Lock-up and liquidity
Each allocation is locked for the pool's stated period from the date you allocate. You cannot redeem it during that time. There is no secondary market, and withdrawal requests are reviewed before payment.
Concentration and sector risk
Pools concentrate exposure in one sector (real estate, commodities, agriculture or business finance). Sector downturns, currency moves and regulatory changes can affect many loans at once.
Stablecoin and transfer risk
Deposits in USDC/USDT depend on the issuer and network. Sending the wrong token or using the wrong network can result in permanent loss.
Fees
Distributions are paid after a management fee, operating expenses and the platform's carried interest, as set out in the waterfall shown in each distribution statement.