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You must read the Terms and Conditions below, which set out the terms and conditions for accessing this site. By selecting the “Continue” button and by continuing to access this site, you expressly acknowledge that you have read and understood the Terms and Conditions and you agree to comply with them at all times. If you do not agree with the Terms and Conditions, you are not permitted to access this site.

If you access or use (or attempt to use or access) this site in breach of any of the Terms and Conditions, neither Portman Square Capital LLP nor any of its associates or affiliates will be liable to you for any loss or damage that may result to you or a third party (including without limitation, any direct, indirect, incidental or consequential loss or damage, or any loss of revenue, business profits, goodwill, data, or any opportunity) in connection with such use or access (or attempt to use or access) of this site.

Restrictions on Accessing this Site in the United States:

The information within this site is issued by Portman Square Capital LLP to sophisticated investors who are “Accredited Investors” as defined in Regulation D promulgated under the U.S. Securities Act 1933 as amended (“the Securities Act”) and “Qualified Purchasers” as defined under the U.S. Investment Company Act 1940 as amended (“the Company Act”). The provision of the information in this web site does not constitute an offer to purchase or the solicitation of an offer to sell any securities to any person in the United States or to any U.S. Person as such term is defined under the Securities Act, as amended. The information contained in this site about Portman Square Capital LLP is not directed to any person in the United States.

Terms and Conditions

In these Terms and Conditions, references to "you" and "your" are references to any person using or accessing (or attempting to use or access) this site.

Information on this Site:

The information on this site is issued by Portman Square Capital LLP ("PSC LLP"), which is authorised and regulated by the Financial Conduct Authority of the United Kingdom ("FCA").
The information on this site is directed only at persons or entities in any jurisdiction or country where such access to and use of information is not contrary to local law or regulation. Accordingly, all persons who access this site are required to inform themselves of and to comply with any such restrictions.

Information on this Site:

This site contains both general information about PSC LLP, including certain regulatory disclosures ("General Information") and information about certain alternative investment funds (the “Funds”) which may be managed, advised or promoted by PSC LLP ("Fund Information").

The Funds are not recognised collective investment schemes for the purposes of the Financial Services and Markets Act 2000 of the United Kingdom (the "Act"). The promotion of the Funds and the distribution of offering materials in relation to the Funds in the United Kingdom is accordingly restricted by law. Fund Information is directed only at persons who are professional clients and eligible counterparties for the purposes of the FCA Rules. Information on this site must not be accessed (or attempted to be accessed), relied on, or acted upon by any other persons. If you have any doubts about your status, you must NOT access this site.  Please contact PSC LLP if you require any further information on your status.

It may be unlawful to access or download the information contained in this site in certain countries and PSC LLP disclaims all responsibility if you access or download any information from this site in breach of any law or regulation of the country in which you are residing.

An application for shares in any of the Funds referred to on this site should only be made having read fully the relevant prospectus and other offering information for the Fund. It is your responsibility to use such documentation and by making an application you will be deemed to represent that you have read such applicable documentation and agree to be bound by its contents.

No Advice:

The information on this site is provided solely on the basis that you make your own investment decisions and does not constitute a personal recommendation or investment advice. Should you have any queries about the Funds, you should contact your financial adviser. Unless separately and expressly agreed, PSC LLP neither provides investment advice to, nor receives and transmits orders from, nor carries on any other MiFID investment services and activities for, users of this site.

Risk Factors:

There are significant risks associated with any investment in any of the Funds. Investment in any Fund is intended only for sophisticated investors who can accept the risks associated with such an investment (including, without limitation, a substantial or complete loss of their investment), and who have no need for immediate liquidity in their investment. Investments will be subject to strict limitations on transferability and withdrawal. There will be no secondary or public market.

Past performance may not be repeated and should not be seen as a guide to future performance. The value of investments and the income from them may go down as well as up, and investors may not get back the amount originally invested. Exchange rates may cause the value of overseas investments and the income arising from them to rise or fall. The levels and bases of and reliefs from taxation may change. Investors in any Fund should consult their own tax adviser in order to understand any applicable tax consequences.

The foregoing list of risk factors is not complete and reference should be made to the relevant prospectus or other offering memorandum for the Fund. An investment may only be made after receiving and reviewing the prospectus or offering memorandum and the risk factors contained therein.

Accuracy of Information:

The information contained on this site (including any expression of opinion or forecast) has been obtained from, or is based on, sources believed by PSC LLP to be reliable, but is not guaranteed as to its accuracy or completeness. Such information is provided without obligation on the part of PSC LLP and its associated companies and on the understanding that any person who acts upon it or changes his investment position in reliance on it does so entirely at his own risk. The information contained on this site does not constitute an offer to buy or sell, or an invitation to make an offer to buy or sell, shares in any investment.

Information posted on this site is current only as at the date it is first posted and may no longer be true or complete when viewed by you. All information contained on this site may be changed or amended without prior notice, although PSC LLP does not undertake to update this site regularly. No representation, warranty or undertaking is given as to the accuracy or completeness of the information contained on this site by PSC LLP or any of its associated companies and no liability is accepted by such persons for the accuracy or completeness of such information. In no event will PSC LLP or any of its associated companies be liable to any person for any direct, indirect, special or consequential damages arising out of any use of the information contained on this site, or on any other hyper-linked site, including, without limitation, any lost profits, business interruption, loss of programs or data on your equipment, or otherwise, even if PSC LLP is expressly advised of the possibility or likelihood of such damages.

You should be aware that the Internet is not a completely reliable transmission medium. PSC LLP does not accept any liability for any data transmission errors such as data loss or damage or alteration of any kind, including, but not limited to any direct, indirect or consequential damage, arising out of the use of the products or services referred to on this site.

Notwithstanding any other statement herein, nothing in these Terms and Conditions is intended to exclude or restrict any duty or liability that PSC LLP has to its customers under the "regulatory system" in the United Kingdom (as such term is defined in the FCA Rules) or which may not be excluded or restricted as a matter of applicable law.


You agree to indemnify and hold harmless PSC LLP, its affiliates and licensors, and the officers, partners, employees, and agents of PSC LLP and its affiliates and licensors, from and against any and all claims, liabilities, damages, losses, or expenses, including legal fees and costs, arising out of or in any way connected with your breach of these Terms and Conditions.

Linked Websites:

This site may be linked to third party websites or contain information provided by third parties. PSC LLP does not make any representation as to the accuracy or completeness of such websites or information, has not and will not review or update such websites or information, and cautions you that any use made of such websites or information is at your own risk. PSC LLP does not accept any liability arising out of the information contained on any linked website or information on this site provided by a third party and the use of such sites and information is at your own risk.

Copyright, Trademarks and Other Rights:

Copyright, trademarks, database rights, patents and all similar rights in this site and the information contained in it are owned by PSC LLP, its licensors or relevant third party content providers. You may use the information on this site and reproduce it in hard copy for your personal reference only. Such information may not otherwise be reproduced, distributed or transmitted to any other person or incorporated in any way into another database, document or other materials without our prior written consent. Nothing on this site should be considered as granting any licence or right in relation to any trademark of PSC LLP or any third party.

Privacy and Cookies:

PSC LLP is as concerned as you are about the privacy of any personal information you may provide to it through this site. A "cookie" is a piece of information that is saved to your computer's hard disk by the web server. Confirmation of reading and accepting these terms and conditions will place a cookie on your computer's hard disk. This will facilitate your navigation of this website by not showing these terms and conditions again during this browser session. It will also allow PSC LLP to record your visit. This cookie is temporary and will be removed when you close your browser.


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