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FREQUENTLY ASKED QUESTIONS

These Frequently Asked Questions (FAQs) are for informational purposes only and do not replace or amend the Membership Agreement or the documents applicable to each transaction or structure, which shall prevail in all cases.

6

Secondary Transactions in the Club

Secondary transactions are the internal mechanism that allows a member to sell, and another member to buy, exposure to an asset already held within the Club structure.

They allow members to adjust their positions without waiting for a full exit of the asset.

They are not a public market, not an exchange, and not an automated matching system. They do not guarantee liquidity, execution, or price.

They are a structured way to facilitate transactions between members when there is real interest on both sides.