Individuals who access the information made available on CBAM’s web site (the “Website”) agree to the following. All references to “CBAM” shall include CBAM Partners, LLC and its affiliates, and their respective directors, officers, members, partners or employees.

PLEASE READ THESE TERMS AND CONDITIONS OF USE CAREFULLY BEFORE USING THE SITE. EACH TIME YOU USE THE SITE, YOUR USE INDICATES YOUR FULL ACCEPTANCE OF AND AGREEMENT TO ABIDE BY THESE TERMS AND CONDITIONS IN CURRENT FORM. IF YOU DO NOT ACCEPT THE TERMS AND CONDITIONS STATED HEREIN, DO NOT USE THE SITE. IF YOU DO NOT AGREE TO THESE TERMS AND CONDITIONS OF USE, YOU AGREE THAT YOUR SOLE AND EXCLUSIVE REMEDY IS TO DISCONTINUE USING THE SITE.

YOUR COMPLIANCE WITH THESE TERMS AND CONDITIONS OF USE AND ALL OTHER RULES, PROCEDURES, POLICIES, TERMS AND CONDITIONS THAT GOVERN ALL OR ANY PORTION OF THE SITE IS A CONDITION TO YOUR RIGHT TO ACCESS THE SITE. YOUR BREACH OF ANY PROVISION OF THESE TERMS AND CONDITIONS OF USE OR OTHER RULES, PROCEDURES, POLICIES, TERMS AND CONDITIONS THAT GOVERN ALL OR ANY PORTION OF THE SITE WILL AUTOMATICALLY, WITHOUT THE REQUIREMENT OF NOTICE OR OTHER ACTION, REVOKE AND TERMINATE YOUR RIGHT TO ACCESS THE SITE AND YOU WILL BE FULLY LIABLE FOR CONVERSION, MISAPPROPRIATION, TRESPASS TO CHATTELS AND ALL OTHER CLAIMS AND CAUSES, REGARDLESS OF THE IDENTITY OF CLAIMANT OR INJURED PARTY, ARISING FROM OR RELATING TO YOUR CONTINUED USE OF THE SITE AFTER SUCH BREACH.

Limited Right to Use:

CBAM grants you a limited right to use the Site. Your right to use the Site is subject to your agreement to abide by these Terms and Conditions of Use in their entirety, as well as any other rules, procedures, policies, terms or conditions that govern all or any portion of the Site. At any time and for any reason CBAM may revoke your right to use all or any portion of the Site.

Updates to the Site:

CBAM reserves the right to make changes to the Site and these Terms and Conditions of Use at any time without prior notice to you. For this reason, each time you use the Site, you should visit and review the then-current Terms and Conditions of Use that apply to your use of the Site.

For Information Only
The information contained herein does not constitute a distribution, an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction in which such distribution or offer is not authorized, is contrary to local law or regulation or that would subject CBAM to any registration requirement within such jurisdiction. In particular, the information herein is not for distribution and does not constitute an offer to sell or the solicitation of any offer to buy any securities in the United States (“US”) to or for the benefit of any US person (being residents of the US or partnerships or corporations organized under the laws of the US). No information in this Website constitutes investment, legal, tax or other advice nor is it to be relied upon in making any investment decision. Subscriptions for share or units in any CBAM portfolios or funds will only be made on the basis of the current prospectus or offering circular (or other offering document) for the relevant fund.

Risk Factors
Our strategies are available only to qualified investors who have reviewed detailed information concerning investment terms and risks. These risks include, among others, the following:

  • Performance can be volatile, and an investor could lose some or all of an investment.
  • The strategy may use leverage.
  • The investor does not retain any trading authority over assets placed with us.
  • None of our strategies is intended, by itself, to provide an investor with an investment program that is diversified or otherwise tailored to suit any individual investor’s overall investment needs.
  • Investments may not be liquid or transferrable.
  • Fees and expenses may offset trading profits.
  • CBAM is subject to certain conflicts of interest.

Investment Performance
There is no assurance that CBAM or any investment strategy will meet its investment objectives or target returns or achieve performance in line with past results. Investors should seek financial advice regarding the appropriateness of investing in any securities or investment strategies discussed or recommended in this website and should understand that statements regarding future prospects may not be realized. Investors should note that income from such investments fluctuates and prices or values will rise or fall, causing gains or losses. Past performance is no guarantee of future results.

AUM
AUM calculated on a trade date basis, including proprietary and pre-warehouse assets.

Past Performance:

Past performance is not indicative of future results; no representation is being made that any investment will or is likely to achieve profits or losses similar to those achieved in the past, or that significant losses will be avoided.

No Warranties
All information and content on this website is furnished “AS IS,” without warranty of any kind, express or implied, including but not limited to implied warranties of merchantability, fitness for a particular purpose, or investor suitability. No representation, warranty or undertaking, express or implied, is given with respect to the accuracy or completeness of the information contained in the Website; no reliance may be placed for any purpose on such information; and no liability is accepted by any person for the accuracy and completeness of any such information. CBAM will not assume any liability for any loss or damage of any kind, arising, whether direct or indirect, caused by the use of any part of the information provided and will not be liable to you for any direct, indirect, consequential, or incidental damages or any other damages of any kind even if CBAM or any party has been advised of the possibility thereof.

Effect on Other Agreements:

Nothing contained in these Terms and Conditions of Use is intended to modify or amend any other written agreement you may have with CBAM (including without limitation any customer agreement, participation agreement or account agreement) (collectively, “Other Agreements”), if any, that may currently be in effect. In the event of any inconsistency between these Terms and Conditions of Use and any Other Agreement, the Other Agreement will govern. Some pages within the Site contain supplemental terms and conditions and additional disclosure and disclaimers, which are in addition to these Terms and Conditions of Use. In the event of a conflict, such supplemental terms and conditions and additional disclosures and disclaimers will govern for those sections or pages.

Proprietary Rights
All copyrights and intellectual property rights to information or materials on the Website belong to or are licensed to CBAM. If you download or copy any information from this Website, you agree that you will not copy or remove or obscure any copyright or other notices or legends containing such information. No permission is granted to copy, distribute, modify, post or frame any text, graphics, video, audio, software code, or user interface design or logos, in whole or in part, in any medium, without the prior written permission of CBAM. The entire website is subject to copyright with all rights reserved. CBAM reserves the right to monitor at its discretion any and all use of the Website.

Use of Links
This website may contain hyperlinks to websites operated by other parties. CBAM does not control the content or accuracy of information on such websites and does not otherwise endorse the material placed on such sites. The hyperlinks are provided for your reference only.

Governing Law and Jurisdiction
These terms and your use of the Website shall be governed by the laws of the United States of America and the State of New York without regard to its conflicts of laws principles. Any legal proceeding or action related to this Website shall be brought exclusively in a federal or state court of competent jurisdiction sitting in New York.

Business Continuity Summary Disclosure Statement:

CBAM maintains a Business Continuity Program as a framework to prepare the firm in the event of extended service outages caused by factors beyond its control (e.g., hurricanes, natural disasters, man-made events) and to restore services to the widest extent possible in a minimum time frame.  The Program outlines the steps the firm will take in the event of a crisis to:

Protect and preserve human life, health and well-being
Protect and preserve limited partner assets
Prevent or minimize loss, damage or disruption to facilities, resources and operations
Provide essential services and operations
Present and analyze information to support decision-making and action plans
Communicate internally with employees and externally with company vendors, regulators and stakeholders

If you cannot contact CBAM through normal channels, please check CBAM’s web site (www.cbam.com) for alternative means of communication. 

Contact Information:

CBAM
51 Astor Place, 12th Floor
New York, NY 10003
Phone: 212-583-5000
Web Site: www.cbam.com

CBAM’s Business Continuity Program is subject to change at any time in CBAM’s sole discretion.

The terms and conditions above relate only to the Website and are subject to change without notice.