The investment objective of the Kane Street Fund LP is to generate long-term capital appreciation through the identification of investments that have superior risk-return characteristics. The Investment Manager will seek to achieve its investment objective primarily by taking long and short positions in equities, as well as in fixed income securities and derivatives such as options. The Partnership may also make investments in currencies, commodities, futures, forward contracts, investments in special purpose vehicles, co-investment vehicles, managed accounts and private investment funds. The Partnership's portfolio may include illiquid securities. The Investment Manager's investing style will be flexible and opportunistic and will not be constrained by any rigid models. The Partnership may utilize leverage.