Please read these Terms of Use (the “Terms”) carefully before proceeding as they explain certain restrictions imposed by law on the distribution of the information on all pages of this website and the Investor Portal made available therein (the “Website”).

1. About Taula Capital

1. The Website is operated and issued by Taula Capital Management (UK) LLP (“Taula Capital UK” or “we”, or “us”) which is authorised and regulated by the U.K. Financial Conduct Authority (the “FCA”) (Reference Number: 1002451), is registered with the U.S. Commodity Futures Trading Commission (the “CFTC”) as a commodity pool operator (“CPO”) under the U.S. Commodity Exchange Act of 1936, as amended (the “CEA”), is a member of the U.S. National Futures Association (“NFA”), and is registered with the U.S. Securities and Exchange Commission (the “SEC”) as an investment adviser under the U.S. Investment Advisers Act of 1940, as amended (the “Advisers Act”)). Registration with the SEC does not imply a level of skill or training.
2. Taula Capital UK is a limited liability partnership registered in England (Company Number: OC447685), with its registered office at 25 Sackville Street, London, W1S 3AX.
3. Taula Capital UK and its affiliates provide investment management to certain investment funds. Taula Capital UK and each of its affiliates are collectively referred to in this website as “Taula Capital”.
4. General enquiries about this website and enquiries about investments in any Taula Capital managed product should be sent to [email protected].

2. These Terms

1. These Terms set out the terms on which you may use this website, and apply to all pages, even where they are not individually disclaimed. These Terms also incorporate our Cookies Policy and Privacy Policy and Privacy Notice (please refer to paragraph 3 below) and all other policies and procedures that we may publish from time to time on this website. Each of these is incorporated by reference and may be updated from time to time without notice.
2. By using this website, you confirm that you accept these Terms, and that you will comply with them. If you do not agree to these Terms, you are not permitted use this website.

3. Cookies and Privacy

1. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. For information on cookies and how you can disable them, please visit our Cookies Policy.
2. For information on how Taula Capital uses certain other types of personal data, please refer to our Privacy Policy and Privacy Notice.

4. Intended Audience of the Website

1. This website is directed only at persons who are:

professional investors (for the purposes of the Alternative Investment Fund Managers Directive (2011/61/EU) (“AIFMD”)) (“Professional Investors”);
professional clients or eligible counterparties (for the purposes of the Markets in Financial Instruments Directive (Directive 2014/65/EU) (“MiFID”)) (“Professional Clients” or “Eligible Counterparties”);
“accredited investors”, as defined in Regulation D under the US Securities Act of 1933, and either a “qualified purchaser”, as defined in the US Investment Company Act or 1940 (“Company Act”), or a “knowledgeable employee”, as defined under Rule 3c-5 of the Company Act (“Eligible US Persons”);
or as otherwise defined under applicable local regulations and at whom this site and the information on it may lawfully be directed in any relevant jurisdiction.

Please contact us at [email protected] if you require any further information on your status.
2. By accepting these Terms, you hereby certify that you are a Professional Investor, a Professional Client, an Eligible Counterparty or an Eligible US Person.
3. The services, funds, and products described on this website are not available in all countries or to all investors. As such, this website and the information on it are not addressed to any person resident in the territory or country or jurisdiction where such distribution would be contrary to local law or regulation. Some funds are not available, and offering materials relating to them will not be distributed, to persons resident in any country where such distribution would be contrary to local law or regulation.
4. It is your responsibility to inform yourself, and to comply with, all relevant legal or regulatory requirements of any jurisdiction of which you are a citizen, in which you are resident, or in which you are accessing this website which may affect your eligibility to access the Website or subscribe to any investment services that Taula Capital offers. In particular, it may be illegal to view and/or download the information contained on this website in certain countries and we disclaim all responsibility if you access or download any information from this Website in breach of any law or regulation of the country in which you are a citizen, or in which you are resident or domiciled.
5. Any person subscribing for an investment, product, or service referred to on this website must be able to bear the risks involved with such investment, product, or service, and must meet the applicable suitability requirements relating to such investment, product or service. Some or all investment programs offered by Taula Capital may not be suitable for certain investors.
6. If you are not clear about the meaning of anything on this website or other information provided by Taula Capital, you should seek professional advice.

5. Right to Deny Access

1. Taula Capital reserves the right to deny you access to this website. We may immediately suspend or terminate your access to this website or disable any username or password (whether chosen by you or allocated to you by us), at any time, and at our sole discretion.
2. We may have reason to update the Website from time to time, though we are not under any obligation to do so. We may update or remove information from the Website without notice. From time to time, we may restrict or suspend access to some parts of the Website, or the entire Website, for example for maintenance purposes. As such, access to the Website is not necessarily permanent or guaranteed.

6. Your Responsibilities

When you use this website, you agree that you will not:

use the Website for any unlawful, improper or illegal purpose or activity, nor will you use this website to damage our name or reputation, or that of any third party;
misuse the Website by knowingly introducing viruses, Trojan horses, worms, logic bombs or other material which is malicious or technologically harmful. You must not try to gain unauthorised access to the Website, the server on which the Website is stored, or any server, computer or databases connected to our website. You must not attack the Website using a denial-of-service attack or a distributed denial-of service attack;
violate our, or any third party's copyright, trademark, proprietary or other intellectual property rights, as outlined further below;
access, copy, or otherwise use the Website, except as authorised by these Terms or as otherwise authorised in writing by Taula Capital UK in its sole and absolute discretion; and/or
impersonate any person or entity, use a fictitious name, or misrepresent your affiliation with a person or entity.

7. Use of Website Content

1. In the United Kingdom, the issue and communication of this website has been approved by Taula Capital UK. If you are in the United Kingdom you should note that this website may contain information or documents which constitute a financial promotion for the purposes of the Financial Services and Markets Act 2000 and the FCA Rules. This website is issued only to and/or is directed only at persons who are Professional Clients, Eligible Counterparties or Professional Investors.
2. Taula Capital does not provide investment advice to, nor receive and transmit orders from, investors in any funds, nor do we carry on any other activities with or for such investors that constitute 'MiFID or equivalent third country business' for the purposes of the FCA Rules.
3. Under no circumstances should any information presented on the Website be used or construed as an offer, or solicitation of any offer, or other form of invitation or inducement, to sell or buy any securities, fund or other investments, or to provide a forecast, research or advice regarding investments or a recommendation to purchase, sell or hold any security, fund or other investment, or to pursue any investment style or strategy.
4. The information presented on the Website is not intended to be and should not be construed as an investment recommendation and we do not give any advice or make any representations as to whether any investment, investment strategy or investment style is appropriate or suitable for you or will be profitable or avoid losses or is available in any particular jurisdiction.
5. The information and opinions contained on this website have been compiled, or arrived at, by us from sources believed by us to be reliable as at the date of publication, however it is subject to change with no notice.
6. This website is not intended to provide a sufficient basis on which to make any investment decision and you should not solely rely on it in evaluating the merits of investing in any investments, products or services referred to on this website.
7. There is no way to invest through the Website. Enquiries about investments in any Taula Capital managed product should be sent to [email protected].
8. All content available on or through the website is for informational purposes only. Nothing on the website is intended to be, and you should not consider anything on the website to be, investment, accounting, tax or legal advice. If you would like investment, accounting, tax or legal advice, you should consult with your own financial advisors, accountants or attorneys regarding your individual circumstances and needs.

8. Accuracy of Information

1. We have taken reasonable care to ensure that the information on this Website is accurate, current, fit for its intended purpose and compliant with applicable law and regulation. However, errors and omissions may occur due to circumstances beyond our control, and neither Taula Capital UK nor its affiliates offer any warranties or representations regarding the accuracy, validity or completeness of the information on this website.
2. As such, Taula Capital UK and its affiliates expressly exclude liability and responsibility arising from your reliance on the information and other materials on the Website, or the reliance of anyone with whom you share the materials.
3. You must conduct your own due diligence and investigations rather than relying on any information on this website. Any person who acts on, or changes their investment position in reliance on, the information contained on this website does so entirely at their own risk.

9. Our Liability

1. Further to paragraph 8, neither we nor our affiliates accept any responsibility for any reliance which is placed by any visitor to this Website, or by anyone who may be informed of any of its contents, on any information or opinions which are expressed herein and, to the extent permitted by law, expressly exclude all conditions, warranties, representations, undertakings and other terms which might otherwise be implied by statute, common law or in equity.
2. Taula Capital UK and its affiliates shall have no liability for any data transmission errors such as data loss or damage or alteration of any kind, including, but not limited to, any direct, indirect or consequential damage, arising out of the use of our Website or other services.
3. Further, you agree that if you transmit confidential or proprietary information through the Website, you do so entirely at your own risk.

10. Your Indemnity

You agree to indemnify, defend, and hold harmless Taula Capital UK, its affiliates and our respective officers, partners, employees, and agents from and against all claims, liabilities, damages, losses, or expenses, including legal fees and costs, arising out of or in any way connected with your breach of the Terms and/or access to or use of this website.

11. Third Party Websites

At times this website may contain links to or from other websites over which Taula Capital has no control. These links are solely for your convenience or information and may be subject to their own terms and conditions. Taula does not endorse the opinions of or warrant or verify the accuracy of facts or other information contributed to our Website by any third party (whether via a third party website or otherwise) nor does the inclusion of links to third party websites represent an endorsement or a recommendation of the third-party websites. Taula Capital accepts no liability for the content of any website to which the Websites link.

12. Investment Performance

Investments do involve risk and the past performance of any investment, investment strategy or investment style is not indicative of its future performance. The value of your investments and the income from them may go down as well as up, and returns are not guaranteed. Tax reliefs may change as per the UK budget from time to time, as they have done previously, and rates of exchange may cause the value of investments to go up or down.

13. Calls Recorded

For the protection of all parties, telephone calls to Taula Capital UK or its affiliates may be recorded.

14. Intellectual Property

We are the owner of all intellectual property rights in the Website, and the material published on it, including, among other things, all trade marks, logos, service marks and service names, whether they are registered or not. These works are protected by, among other things, copyright laws and treaties around the world. We reserve all such rights.
You may use, download, and reproduce in hard copy, the Website and any materials located on it for your own reference only. You must not otherwise copy, reproduce, republish, disassemble, decompile, reverse engineer, download, post, broadcast, transmit, make available to the public, or otherwise use Website content in any way without licence from us. You also agree not to adapt, alter or create a derivative work from any Website content.
Nothing on this website should be construed as granting any licence or right in relation to any of our trademarks, or any third party.

15. Changes to Terms

We may revise these Terms from time to time by updating this page. The revised Terms will take effect when they are posted. You are expected to check this page from time to time and to take notice of any changes we may have made, as by using this website you acknowledge that you have accepted any such amendments.

16. Severability

In the event that any provision of these Terms is determined to be unlawful, void or unenforceable, such provision shall nonetheless be enforceable to the fullest extent permitted by applicable law, and the unenforceable portion shall be deemed to be severed from these Terms (such determination shall not affect the validity and enforceability of any other remaining provisions). When used in these Terms the words 'includes', and 'including' shall be deemed to be followed by the phrase 'without limitation'.

17. Material Interests

We and our partners, officers and/or employees may have holdings in the investment funds referred to on this website and may otherwise be interested in transactions that you effect in those funds.

18. Term and Termination

These Terms will apply to you as soon as you access the Website and will continue to have effect until they are terminated or if you are no longer interacting with us.
We may terminate your right to use the functions of our Website at any time, including if you violate or breach these Terms or if allowing you to access and use the Website or its related functions would violate any applicable local, state, provincial, national and other laws, rules and regulations, or would expose Taula Capital to any legal liability whatsoever.
If these Terms are terminated or you are no longer interacting with Taula Capital, these Terms may no longer apply. However, any provisions of the Terms that by their nature should continue to apply after termination of these Terms will do so. This includes, without limitation, all limitations on liability, choices of law and judicial forum and intellectual property protections and licences.

19. No Waiver

No waiver by us shall be construed as a waiver of any preceding or succeeding breach of any provision.

20. Third parties

We shall have the benefit of the rights conferred on us by these Terms but otherwise no person who is not a party to these Terms may enforce its terms under the Contracts (Rights of Third Parties) Act 1999.

21. Entire agreement

These Terms (incorporating our Cookies Policy and Privacy Policy) shall form the entire agreement between you and us in relation to your use of this website.

22. Governing Law

These Terms and any non-contractual obligations arising from or connected with them shall be governed by and shall be construed in accordance with English law. English courts will have exclusive jurisdiction over any dispute arising from, or related to, use on this Website (whether arising out of or in connection with contractual or non-contractual obligations) ('proceedings') and it is a condition of using this website that you waive any objection to proceedings in such courts on the grounds of venue or that proceedings have been brought in an inconvenient forum, although we retain the right to bring proceedings against you for breach of these Terms in your country of residence or any other relevant country.

Disclosures