Nightscape Global Value Fund

L.P.

Fund Investment Objectives

The Nightscape Global Value Fund is a value-focused credit strategy that invests across the whole capital structure. The strategy, which launched on September 1, 2010 is designed to exploit the inefficiencies resulting from continued volatility in the European credit markets. It attempts to be uncorrelated to the markets and uses single-name alpha shorts. An Offshore fund is also available.