Prime Brokerage – Capital Introduction – Sample Disclosure

This model disclosure is intended to accompany communications about an SEC-registered investment adviser or a private fund advised by such IA that are made by a U.S. broker-dealer to potential investors in such private funds in the course of such BD providing capital introduction services to the IA. This disclosure is intended to help IAs satisfy their obligations under Rule 206(4)-1 under the Investment Advisers Act of 1940, as amended with respect to cap intro communications if and to the extent that such IAs determine that such communications may constitute or be construed as Advertisements under the Marketing Rule.