Wexford Capital User Agreement

The information contained in this website does not constitute an offering of interests in any Wexford Fund and any offering in a Fund may be made only by the private offering memorandum of that Fund. This website is qualified in its entirety by the private offering memorandums for each Wexford Fund which contains, among other things, a description of the risks of an investment in and fees and expenses of, that Fund. Capitalized terms used, but not otherwise defined herein, have the meanings set forth in the private offering memorandum.

Past performance is no guarantee of future performance. An investment in any of the Funds involves a high degree of risk, the performance of each Fund may be highly volatile and each Fund has limited or no liquidity. There is no guarantee that any Fund will achieve its investment objective. Each Fund may use leverage and may lack diversification, which can increase the risk of loss to that Fund. Each Fund is a speculative investment and entails significant risks. The interests of the Investment Manager or the General Partner may conflict with the interests of the Funds. The General Partner, the Investment Manager and their affiliates also provide discretionary investment management services to managed accounts and other funds, some of which may have investment programs substantially similar to that of the Funds.

Please see “Risk Factors” in each Fund’s private offering memorandum. Risk factors include but are not limited to risk of adverse or unanticipated market developments, risk of counterparty or issuer default, risk of illiquidity, use of leverage, foreign investments, low credit quality securities, derivatives, concentration, illiquid investments, short selling, option transactions, foreign exchange risk exposure, foreign exchange speculation, swaps, stock index options, lending portfolio securities, valuation, business cycle, high yield securities, troubled company investments, non-performing nature of debt, uncertain exit strategies, bank loans and participations, bankruptcy claims, litigation, investment in ventures and other equities, non-U.S. securities, risks of industry focus, highly volatile markets, commodity futures contracts, limited liquidity, control position, lack of operating history and investment strategy risk factors.

The foregoing does not describe all of the risks of an investment in any Wexford Fund. Prospective investors should carefully read each Fund’s private offering memorandum and ensure that they fully understand all risk factors and any legal, tax and accounting considerations applicable to them prior to investing.

This material may not be reproduced, distributed or transmitted to any other person or incorporated in any way into another document or other material without the prior written consent of Wexford.