SAIL Emerging Managers Segregated Portfolio Fund is a global multi-strategy, multimanager fund of hedge funds. Its investment objective is to achieve capital
appreciation with potentially higher volatility and low correlation to broader financial
markets. It aims to invest in younger, less established hedge fund managers who
typically have less than 1 year track record. The fund's return target is Libor + 600-
800 bps and risk target is 6%-8%.