This site does not constitute advice or a recommendation or offer to sell or a solicitation to deal in any security or financial product.

This site is for informational purposes only and is not an offer or a solicitation to sell or subscribe for any fund and does not constitute investment, legal, regulatory, business, tax, financial, accounting, or other advice or a recommendation regarding any securities of Crescent, of any fund or vehicle managed by Crescent, or of any other issuer of securities. Only a definitive offering document (i.e. Prospectus or Private Placement Memorandum) can make such an offer. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if the Prospectus is truthful or complete.

Any representation to the contrary is a criminal offense. No offering is made except by a prospectus. Capital commitments may be solicited through Emerson Equity LLC, Member of FINRA/SIPC, as Intermediary Manager.

Due to rapidly changing market conditions and the complexity of investment decisions, supplemental information and other sources may be required to make informed investment decisions based on your investment objectives and best interests. All expressions of opinions are subject to change without notice. AAM may make a market in or have other financial interests in any security or sector discussed.

Certain information contained herein has been obtained from third party sources and such information has not been independently verified by AAM. No representation, warranty, or undertaking, expressed or implied, is given to the accuracy or completeness of such information by AAM or any other person. While such sources are believed to be reliable, AAM does not assume any responsibility for the accuracy or completeness of such information. AAM does not undertake any obligation to update the information contained herein as of any future date.

Certain information contained herein constitutes “forward-looking statements,” which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “anticipate,” “project,” “estimate,” “intend,” “continue,” or “believe,” or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events, results or actual performance may differ materially from those reflected or contemplated in such forward-looking statements. Nothing contained herein may be relied upon as a guarantee, promise, assurance or a representation as to the future.

Past performance is not a guarantee of future results. All investments are subject to risk, including the loss of the principal amount invested. There is no guarantee of downside protection and losses may occur, including the loss of the entire principal amount invested.

RISKS: Alternative investments offer the potential for diversification, higher returns, and protection against inflation, however they come with their own set of risks and challenges. Alternative investments may lack transparency as to share price, valuation, and portfolio holdings. Complex tax structures often result in delayed tax reporting. Compared to mutual funds, private funds are subject to less regulation and often charge higher fees. An investor may not have access to their investment for an extended period of time. Market risk is prevalent since many of the companies invested in are unproven, which can lead to significant losses. Default risk is also higher with less established companies. Additional risks include limited operating history, uncertain distributions, inconsistent valuation of a portfolio, changing interest rates, leveraging of assets, reliance on the investment advisor, potential conflicts of interest, payment of substantial fees to the investment advisor and the dealer manager, potential illiquidity, and liquidation at more or less than the original amount invested. Performance may be volatile, and the NAV may fluctuate. Diversification will not guarantee profitability or protection against loss.

DEFINITIONS:  Correlation is a statistical measure of how two variables move in relation to each other with coefficients ranging from +1 to -1. A correlation coefficient of +1 implies that as one variable moves, the other will move in exact lockstep. Alternatively, a correlation coefficient of -1 implies that if one variable moves, the other moves in the same amount in the opposite direction. If the correlation is 0, the movements of the variables are completely random.

Securities offered through Emerson Equity LLC Member: FINRA/SIPC. Only available in states where Emerson Equity LLC is registered. Emerson Equity LLC is not affiliated with any other entities identified in this communication.

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