This page and the information included herein is not intended to be, and should not be construed as an offer or a solicitation of an offer of securities of any of the funds managed by Esplanade Capital. Access to information about the funds is limited to investors who either qualify as accredited investors within the meaning of the Securities Act of 1933, as amended, or those investors who generally are sophisticated in financial matters, such that they are capable of evaluating the merits and risks of prospective investments.

©2004 Esplanade Capital LLC