In the UK, First Avenue Partners LLP is authorised and regulated by the Financial Conduct Authority (“FCA”). First Avenue Partners (London) Limited is an Appointed Representative of First Avenue Partners LLP.
In the US, FAP USA L.P. is a member of FINRA and SIPC.
In Hong Kong, First Avenue Partners (Asia) Limited (CE number: BGY753) is licensed by the Hong Kong Securities and Futures Commission (“SFC”) to conduct Type 1 (dealing in securities) regulated activity in Hong Kong.
VAT No: GB250398405
First Avenue receives compensation for endorsing investment adviser(s) and placing investors in private funds managed by such advisers. As a result, First Avenue has a conflict of interest in recommending advisers and such private funds. In addition, First Avenue personnel may from time to time make commitments to funds sponsored by such investment adviser(s).
FAP USA, L.P. and First Avenue Partners LLP (collectively, “First Avenue”) have been engaged by fund managers (each a “Fund Manager” and together with its affiliates, the “Fund Sponsor”) to provide securities placement, marketing and representative services (“Promoter Services”) in connection with the offering and sale of the securities of funds managed by the Fund Manager and/or the Fund Sponsor and parallel funds (the “Fund”).
The following disclosures are being provided to you in connection with Promoter Services.
First Avenue is not a current client of the Fund Manager, although it is possible that one or more affiliates of First Avenue or employees of First Avenue or its affiliates may be, or may subsequently become, a client of the Fund Sponsor.
First Avenue will receive cash compensation from the Fund Sponsor for its Promoter Services.
A material conflict of interest exists on the part of First Avenue because it receives compensation for providing its Promoter Services to the Fund Manager and Fund Sponsor.
First Avenue has an incentive to solicit or introduce you to purchase interests in the Fund, or to indicate its approval, support, or recommendation of the Fund Manager or Fund Sponsor or any of its directors, officers, principals, or employees, because First Avenue receives more compensation as investors commit additional capital to the Fund.