This concept would be treated as a Very Private Fund in Jersey and as an independent closed-ended off-shore property company (advised by LCP) in the UK. The opportunity is aimed at investors who are sufficiently sophisticated to understand the nature of the investments and the risks involved. The risk factors set out below are important. There is a risk that the investment objectives will not be realised. Projections or forecasts are subject to many assumptions, some of which may not come to pass. Interim distributions are issued on the basis of portfolio value accretion. Interim distributions are not guaranteed and are subject to Directors’ approval. Property prices and the income from property may fall due to a wide variety of general or localised economic factors. The value of property may be affected by general factors affecting supply and demand, interest rates, global capital flows, market confidence, political instability etc. which could all have an impact on the performance. Any investment should be regarded as fixed term in nature to be held wind up, after a period of approximately 5 years, unless extended by the majority vote of investors. Property assets have limited liquidity and there may be certain circumstances where it may prove difficult to dispose of a property asset. This factor may extend the time that it takes to wind up. The capital value of any shares may fall and the anticipated income may fall and investors may not get back the amount originally invested. Past performance of property investments is not a guide to the future. PCL means the London boroughs of Westminster and Kensington and Chelsea only. Please note that the reported past performance of LCPPF and LCRRF and LCP’s clients relates to the performance of one and two bedroom flats, whereas the PCL market as a whole, includes a wide variety of properties. The independent market data reported solely relates to capital values and does not reflect the overall performance of the funds which would include transaction costs, SDLT, refurbishment costs, rental income, letting fees, financing costs, maintenance costs, the costs of management and administration of each fund, audit and valuation fees etc. Please be aware that the details set out above are subject to change and it is recommended that investors should undertake research for the purposes of due diligence. An offer of securities will be set out in detail in an Investment Memorandum and any investment should be made solely on this basis. This will be aimed at persons in the United Kingdom and outside of the European Union, other than anyone in any jurisdiction where such promotion would be illegal, notably the United States of America. Any investor based outside the UK should take into account any possible currency fluctuations and the impact this might have on their returns. If you are in any doubt or have any queries, potential investors should seek advice from an adviser specialising in such investments before making any decision. This financial promotion is issued by LCP Capital Investments Ltd and approved as a financial promotion under Section 21 of the Financial Services and Markets Act 2000 by F2 Capital Ventures LLP (authorised and regulated by the Financial Conduct Authority in the UK). LCP Capital Investments Ltd is an appointed representative of F2 Capital Ventures LLP.