BOARDWALK - BEFORE — Blackacre Management

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BOARDWALK - AFTER

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This website is intended for the user's own use in reviewing information available here about Blackacre Management and its affiliates ("Blackacre"). By accessing this website, you agree to be bound by the terms and conditions that appear herein. These terms and conditions are subject to change. Blackacre reserves the right to modify these terms and conditions, which it may do by posting changes to the website. If you do not agree with these terms and conditions, please do not access the website.

*Investing involves risk, including loss of principal. Past performance does not guarantee or indicate future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. While the data we use from third parties is believed to be reliable, we cannot ensure the accuracy or completeness of data provided by investors or other third parties. Neither Blackacre Management, LLC, its principals, nor any of its affiliates provide tax advice and do not represent in any manner that the outcomes described herein will result in any particular tax consequence. Offers to sell, or solicitations of offers to buy, any security can only be made through official offering documents that contain important information about investment objectives, risks, fees and expenses. Prospective investors should consult with a tax and/or legal adviser before making any investment decision.

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