1. About Glen Point
The Glen Point Capital LLP website “www.glenpointcapital.com” (“our site”) is a website operated by Glen Point Capital LLP (“us” and the expression “we” and “our” shall be construed accordingly) and the information on our site is issued by us both inside and outside the United Kingdom. We are registered in England and Wales with registration number OC401536 and have our registered office at 4th Floor Reading Bridge House, George Street, Reading, Berkshire, RG1 8LS. Our principal place of business is 10 Stratton Street, London W1J 8LG. Glen Point Capital LLP is authorised and regulated by the Financial Conduct Authority of the United Kingdom.
2. Important Information
This site may contain information or documents which constitute a financial promotion for the purposes of the Financial Services and Markets Act 2000 and the handbook of rules and guidance issued from time to time by the UK Financial Conduct Authority (the "FCA Rules"). The information on this site is issued by us only to and/or is directed only at (i) persons who have professional experience in matters relating to investments (being "investment professionals" within the meaning of Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "FPO")) or (ii) persons falling within Article 49(2) ("high net worth companies, unincorporated associations etc") of the FPO or (iii) persons who are otherwise permitted by law to receive it (all such persons being "Relevant Persons"). The information contained on this site is not intended to be viewed by, passed on or distributed (directly or indirectly) to, any other category of persons. Any investment or investment activity to which information on this site relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. Information on this site must not be acted or relied upon by persons who are not Relevant Persons.
FOR PROSPECTIVE INVESTORS IN THE EUROPEAN ECONOMIC AREA: in relation to each member state of the EEA (each a “Member State”) which has implemented the Alternative Investment Fund Managers Directive (Directive (2011/61/EU)) (the “AIFMD”), information relating to any investment fund described on this site is only available and interests in any such investment fund will only be offered or placed to the extent that: (1) such investment fund is permitted to be marketed to professional investors in the relevant Member State in accordance with AIFMD (as implemented into the local law/regulation of the relevant Member State); or (2) such information may otherwise be lawfully distributed and the interests in the relevant investment fund may otherwise be lawfully offered or placed in that Member State (including at the initiative of the investor).
INFORMATION FOR U.S. INVESTORS: Glen Point Capital LLP does not offer investment advisory services to the public in the United States. We are not registered with the U.S. Securities and Exchange Commission (the “SEC”) or any state securities commission as an investment adviser. Any investment fund described on this site is not being offered to the public in the United States. If an investment fund described on this site is offered on a private placement basis to selected U.S. investors, the offering will be limited as described in the fund’s offering materials in order to comply with U.S. laws. Neither the SEC nor any other U.S. regulatory authority has reviewed the contents of this website or endorsed or commented upon the information set forth in this website. Any representation to the contrary is a criminal offense.
Each of Glen Point Global Macro Macro Fund Limited and Glen Point Emerging Markets Debt Fund Limited have appointed Hugo Fund Services SA, 6 Cours de Rive, 1204 Geneva, Switzerland, as their Swiss Representative. Banque Heritage SA, 61 Route de Chêne, CH-1208 Geneva, Switzerland is the Swiss Paying Agent for both funds. In Switzerland, shares in both these funds shall be distributed exclusively to qualified investors. The offering documents, articles of association and audited financial statements of these funds can be obtained free of charge from the Representative. The place of performance for shares in both these funds distributed in or from Switzerland is the registered office of the Representative
This site is not intended to constitute, and should not be construed as, investment advice. Potential investors in any investment fund described on this site should seek their own independent financial advice. This site has been provided for informational purposes only and may not be relied upon by you in evaluating the merits of investing in any securities or interests referred to on this site. This site is not intended as and is not to be taken as an offer or solicitation with respect to the purchase or sale of any security or interest or any investment service, nor does it constitute an offer or solicitation in any jurisdiction, including those in which such an offer or solicitation is not authorised or to any person to whom it is unlawful to make such a solicitation or offer. The distribution of information contained on this site in certain countries may be restricted by law and persons who access it are required to inform themselves and to comply with any such restrictions. Persons interested in receiving further information about any investment or service should inform themselves as to: (i) the legal requirements within the countries of their nationality, residence, ordinary residence or domicile; (ii) any foreign exchange control requirement which they might encounter; and (iii) the income tax and other tax consequences which might be relevant.
Any decision to purchase securities or interests with respect to any investment fund described on this site must be based solely upon the information contained in the relevant offering memorandum for that investment fund, including any supplements thereto, which must be received and reviewed prior to any investment decision. Any person subscribing for an investment must be able to bear the risks involved and must meet the suitability requirements relating to such investments. Some or all alternative investment programs may not be suitable for certain investors.
3. Risk factors and other information
Nothing contained on this site constitutes investment, legal, tax or other advice, nor is it to be relied upon when making investment or other decisions. The information on this site is provided solely on the basis that you make your own investment decisions. You should obtain relevant and specific professional advice before making any decision to enter into an investment transaction.
Past performance may not be repeated and should not be seen as a guide to future performance. The value of investments and the income from them may go down as well as up and investors may not get back the amount originally invested. Because of this, you are not certain to make a profit on your investments and you may lose money.
Exchange rates may cause the value of overseas investments and the income arising from them to rise or fall. The levels and bases of and reliefs from taxation may change. Any tax reliefs referred to are those currently available and their value depends on the circumstances of the individual investor. Investors should consult their own tax adviser in order to understand any applicable tax consequences.
4. Your use of our site
You must NOT use our site (or permit or procure others to use it) as follows:
When using our site, you must comply with all applicable local, national and international laws and regulations, including those related to data privacy, international communications and exportation of technical or personal data. It may be illegal to download the information contained on our site in certain countries and we and our affiliated companies disclaim all responsibility if you download any information from our site in breach of any law or regulation of the country in which you reside.
5. User identification code
You will be provided with a user name and password to access our site. You must treat this information as confidential and you must not disclose it to any third party or allow any third party to access our site using your user name or password. You agree to notify us immediately if you suspect any unauthorised use of our site or of your user name or password.
6. Termination and suspension of access to our site
We reserve the right to deny you access to our site, or immediately to suspend or terminate your access to our site, or to disable any user name or password (whether chosen by you or allocated by us) at any time (in our sole discretion).
7. Liability for use of our site
Access to our site is permitted on a temporary basis and we reserve the right to withdraw or amend the service we provide on our site without notice. We do not accept any liability if for any reason our site is unavailable at any time or for any period.
The information and any opinions contained on the site are subject to change, are for background purposes only and are not to be relied upon as advice or interpreted as a recommendation. The information and opinions contained in our site have been compiled, or arrived at, by us from sources believed by us to be reliable as at the date of publication. However, we, our affiliated companies and other third parties connected to us do not accept any responsibility for any reliance which is placed by any visitor to our site, 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.
We, our affiliated companies and other third parties connected to us hereby expressly exclude any liability and responsibility arising from any reliance placed on such materials and information by any visitor to our site, or by anyone who may be informed of any of its contents, for (i) the accuracy, validity, timeliness, merchantability or completeness of, any information or data (whether prepared by us or by any third party) for any particular purpose or use or that the information or data will be free from error and (ii) any direct, indirect or consequential loss or damage of any kind incurred by any visitor to our site, or by anyone who may be informed of any of its contents, in connection with our site or in reliance on the information or opinions contained in it, or in connection with the use, inability to use, or results of the use of our site or any websites linked to it or materials posted on it. This does not affect our liability for any loss or damage which cannot be excluded or limited under applicable law and does not exclude or restrict any duty or liability that we have to our customers under the regulatory system in the United Kingdom.
The internet is not a completely reliable transmission medium and neither we nor any of our affiliated companies accept any liability for any data transmission errors such as data loss or damage or alteration of any kind or for the security or confidentiality of information transmitted across the internet to or from us or any of our affiliated companies. Any such transmission of information is entirely at your own risk. This does not exclude or restrict any duty or liability that we have to our customers under the regulatory system in the United Kingdom.
9. Intellectual property rights
We are the owner or the licensee of all intellectual property rights in our site, and in the materials published on it. Those works are protected by laws and treaties around the world. All such rights are reserved. You may use the materials on our site and download and reproduce them in hard copy for your own reference only. Such materials may not otherwise be reproduced, distributed, stored in a data retrieval system or transmitted, in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) without our prior written consent. Nothing on our site should be construed as granting any licence or right in relation to any of our trademarks or those of our affiliated companies or any third party.
11. Material Interests
We and our partners, officers and/or employees may have holdings in the investment funds referred to on this site and may otherwise be interested in transactions that you effect in those funds.
12. Your personal data
13. How we use your personal information
The provision of personal information by you may be necessary where we have a legitimate interest to carry out the following purposes: (i) to contact you and respond to your enquiry or provide you access to specific information or offers; (ii) to support our relationship with you; (iii) to understand how we can improve our products and services; (iv) to personalize your visit to the website and to assist you while you use the website; (v) to send marketing communications to you; (vi) to improve the website by helping us understand who uses the website; and (vii) to comply with applicable laws, regulations or codes of practice. Please note that you have a right to object to the processing of your personal information where that processing is carried out for our legitimate interest or for direct marketing.
Information about past, current and prospective investors in the Glen Point funds may be used by us (a) for the purposes of discussing and reviewing potential investments in Glen Point funds (b) assessing an investor’s appropriateness to invest in the fund as an unregulated collective investment scheme (c) to carry out our obligations relating to contracts to be entered into between Glen Point funds and you; (d) for the general administration of potential investments into the Glen Point funds; and (e) to comply with legal or regulatory obligations applicable to us.
14. Sharing Your Personal Information
Similarly, we may share your personal information as required or permitted by law to comply with a subpoena or similar legal process or government request, or when we believe in good faith that disclosure is legally required or otherwise necessary to protect our rights and property or the rights, property or safety of others, including to advisers, law enforcement agencies, judicial and regulatory authorities. We may also transfer your personal information to a third party that acquires all or part of our assets or shares, or that succeeds us in carrying on all or a part of our business, whether by merger, acquisition, reorganization or otherwise.
15. Data Transfers
Given the global nature of our activities, where you are located in the European Economic Area (the “EEA”), personal information collected from you, including via our website, may be transferred to recipients including other Glen Point entities in countries located outside the EEA, including the U.S., which are not considered by the European Commission to provide an adequate level of data protection.
We have entered into EU standard contractual clauses (“Model Contracts”) for intra-group transfers of personal information. You can request a copy of these Model Contracts by submitting your request via email to: email@example.com.
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When you visit our website, we may place a “cookie” or other online tracking device (e.g. web beacons) in order to improve your experience by recognising you when you visit the website, such as by assigning a session ID and to deliver content specific to your interests. The cookies we place may also collect information about your IP address, or click stream data within our website (i.e. the actions taken in connection with the website). This information helps us improve the functionality of the website.
15. Law and variation
16. Entire agreement