Interests in HBK’s funds may only be purchased pursuant to the applicable fund’s confidential memorandum, subscription agreement, organizational documents and audited financial statements (the "Fund Documents"). You must review the applicable Fund Documents in their entirety, including the risk factors, conflicts of interest and other cautionary disclosures contained therein, before making any investment decision. The Fund Documents supersede all other documents or disclosures in all respects, and you should rely only on the information contained in the Fund Documents.
In these various reports, and also in due diligence meetings, telephone conversations, email exchanges and other communications, we provide a range of information to investors and prospective investors. In every case, such information is qualified by the Fund Documents. In particular, all such information is qualified by all of the risk factors, conflicts of interest and other cautionary disclosures contained in the Fund Documents. None of our reports or other communications is intended to, and no one has been authorized to, make any representation or statement regarding any HBK fund that is inconsistent with the applicable Fund Documents or that qualifies, limits or contradicts any of the risk factors, conflicts of interest or other cautionary disclosures contained in the Fund Documents.
The information on this Site is not intended to provide, and should not be relied upon for, accounting, legal, tax or investment advice or recommendations. Investors must be willing and able to evaluate an investment in any HBK fund for themselves and to review and understand the applicable Fund Documents in their entirety. HBK is not making any investment recommendation or giving any investment advice to any existing or prospective investor. Investors must make their own decisions regarding any investment in any HBK fund, and each investor is responsible for engaging its own legal, tax, accounting, investment, and financial advisors and other consultants to whatever extent it deems necessary in connection therewith.
All of our investment programs involve substantial risk, and there can be no assurance that our investment, risk management or other objectives will be achieved. Past performance is not an indication of future performance. The investment objectives and strategies of the funds have varied over time and may, in the future, vary materially from those used in generating past results. The funds are permitted to invest in an unlimited range of instruments and may pursue an unlimited range of investment strategies, including strategies not previously pursued or described to investors. Investment losses may occur, and investors could lose some or all of their investment. Our portfolio is not subject to any fixed limits on concentration by industry, company, geographic region, asset type, degree of leverage, liquidity, exposure to market risk, or otherwise. We are not required to hedge any particular risk or type of risk, and our Funds may accept exposure to any risk or hold any position on an unhedged basis. Nothing herein is intended to imply that an investment in any HBK fund may be considered "conservative," "safe," or "risk-free.” No regulatory authority has passed upon or endorsed this document or the merits of an investment in any HBK fund.
The materials on THIS Site are provided "AS IS" and without warranties of any kind. THIS Site contains derived information that is not used in our internal operations and that is not independently verified, tested or audited. HBK expressly disclaims, to the fullest extent permitted under applicable law, any and all warranties, express or implied (including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, title and non-infringement), with respect to the use of or the result of the use of (A) THIS Site or (B) any information or materials available on THIS Site, including without limitation the accuracy, completeness, correctness, timeliness or reliability of such information or materials.
HBK assumes no responsibility for, and makes no warranties that, functions contained on THIS Site will be uninterrupted or error-free, that defects will be corrected or that THIS Site or the server that makes it available will be free of viruses or other harmful components. HBK shall not be liable for any damages to, viruses that may infect, or services, repairs or corrections that must be performed on your computer on account of your accessing THIS Site.
Limitation of Liability
Under no circumstances shall HBK or any of its officers, directors, principals, agents or employees be liable for any claims, liabilities, losses, costs or damages, including direct, indirect, punitive, incidental, special or consequential damages, arising out of or in any way resulting from the use of or inability to use THIS site or any delay in using THIS site or otherwise arising out of the use of THIS site, whether arising in contract, tort (including without limitation, negligence), strict liability or otherwise. such limitations apply even if HBK or any of its officers, directors, prinicipals, agents or employees have been advised of the possibility of such losses or damages. IF YOU LIVE IN A U.S. state OR A foreign country that does not allow the exclusion or limitation of liability or incidental or consequential damages, some or all of these limitations and exclusions may not apply to you.
Informational Use Only
THIS Site is provided for your information only and nothing contained on this Site constitutes any kind of recommendation or advice, including without limitation any investment, legal or tax advice. Decisions based on information contained on this Site are your sole and absolute responsibility.
No material or opinion contained on THIS Site is, and nothing on this Site shall be considered to be, an offer to sell or a solicitation of an offer to buy any product, security or service. Offers can only be made where lawful under, and in compliance with, applicable law. No security, product or service is offered or will be sold in any jurisdiction in which such offer or sale would be unlawful under the securities or other laws of such jurisdiction.
ANY PERFORMANCE INFORMATION PRESENTED ON THIS SITE IS HISTORICAL AND IS NOT AN INDICATION OF FUTURE PERFORMANCE. NO REPRESENTATION IS BEING MADE THAT ANY INVESTMENT WILL ACHIEVE OR IS LIKELY TO ACHIEVE RESULTS SIMILAR TO THOSE ACHIEVED IN THE PAST.
We reserve the right, in our sole discretion, at any time and without any prior notice or warning to you, to deny you access to the Site, to suspend or terminate your access to the Site or to disable your user name or password, if any.
Restrictions on Use of Materials
All content contained on this Site is owned or licensed by HBK and is protected by copyrights, trademarks, service marks, trade names, trade dress and/or other intellectual property rights. You may copy, reproduce or download any information or portion of this Site for your personal, non-commercial use only, provided you keep intact and properly display all copyright and other proprietary notices. You may not copy, distribute, modify, transmit, reuse, display, reproduce, publish, license, frame, create derivative works from, or otherwise use the content of this Site, including without limitation, any text, images, audio, video, software code or user interface, in whole or in part, for public or commercial purposes without first receiving our written permission. Modification or use of the information or materials on this Site for any other purpose will violate HBK’s intellectual property rights and is strictly prohibited.
Nothing contained on this Site should be construed as granting, by implication, estoppel or otherwise, any license or right to use any image, trademark, logo or service mark displayed on this Site without HBK’s prior written permission.
Local Laws and Other Jurisdictional Issues
You have accessed this Site at your own initiative and you are responsible for compliance with any local laws or regulations related to visiting this Site or accessing any information contained on this Site. The information and materials provided on this Website are not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject HBK to any registration requirement within such jurisdiction or country.
Privacy and Transmissions to and from Our Site
Links to and From Other Websites and Services
You shall not display hyperlinks on any website to this Site. If you desire to display on a website a hyperlink to this Site, you must first enter into a written agreement with us regarding such display.
1. Use this Site in any manner that could damage or overburden any HBK server or the third-party server that hosts this Site, or any network connected to any such servers;
2. Use this Site in any manner that would interfere with another party’s use of this Site;
3. Include the term “HBK,” or any HBK intellectual property or principal’s name, or any variation of the foregoing, as a meta-tag or hidden textual element;
4. Use any robot, spider, intelligent agent, other automatic device, or manual process to search, monitor or copy this Site or the reports, data, information, content, software, products services or other materials on, generated by or obtained from our Site, whether through links or otherwise (collectively, “Materials”), without our permission, provided that generally available third-party web browsers may be used without our permission; or
5. Use this Site or the Materials in any manner that could create an impression of affiliation, sponsorship or endorsement by HBK.
Waiver and Severability
Last updated May 2012