This material has been prepared based upon information that we believe to be reliable, however, Goldman Sachs (Cayman) Trust, Limited, Goldman Sachs Bank USA, Goldman Sachs Administration Services Company Limited, or Goldman Sachs Administration Services (Canada) Co. (all doing business as Goldman Sachs Administration Services) and each of their affiliates and their respective officers, directors, agents and employees (together, “Goldman Sachs”) do not represent that the material or information contained herein is accurate, complete and up to date and accept no liability if it is not. Goldman Sachs does not accept any responsibility to update any opinions or other information contained in this e-mail. By requesting the provision of this information you acknowledge and agree that Goldman Sachs shall have no responsibility to you or (if you are an investment advisor) any fund that you manage, in relation to the correctness or otherwise of the material or information contained herein.
Goldman Sachs has not been retained as, and is not, an independent valuation agent. If Goldman Sachs maintains the books and records of the Fund, Goldman Sachs will seek, where practicable, to verify prices reported by the Manager/Fund to the extent such prices are obtained from publicly available pricing sources or from third party reports made available to Goldman Sachs. However, Goldman Sachs does not assume any duty or liability with respect to the accuracy of any underlying data from such publicly available sources or such third party reports. In certain situations set forth in the agreement between the Fund and Goldman Sachs, the Fund may direct Goldman Sachs to accept the price of the Manager, without verification of such price by Goldman Sachs, even if the price differs from valuations that Goldman Sachs may accept from other clients or valuations that affiliates of Goldman Sachs may use in connection with their customer or proprietary businesses. Goldman Sachs has no duty or responsibility to inform you of which prices it had been so directed to accept from the Manager. Goldman Sachs assumes no liability or responsibility for ensuring that any price(s) or value(s) provided to Goldman Sachs by the Fund, the Manager or other authorized agent(s) of the Fund have been determined in accordance with the relevant valuation methodology disclosed in the Fund’s offering document (or otherwise disclosed to investors) and / or the valuation policies and procedures of the Fund (and those of the Manager to the extent the Fund acts through a Manager). Goldman Sachs may not have verified the existence of all positions (securities, cash and otherwise) and may rely upon the Manager or the Fund as to the existence of certain positions. Any price or value is as of the date indicated and does not necessarily reflect the value that could be realized upon sale, for example, the Fund may contain valuations of illiquid or restricted positions that do not reflect accurate liquidation value.
Any information contained in this e-mail is not the product of the Investment Research Department within The Goldman Sachs Group, Inc. If there is any discrepancy between the information contained in this e-mail and the Fund’s official NAV statement, the Fund’s official NAV statement shall prevail. Please immediately notify the sender of this e-mail of any such discrepancy. None of the information displayed, other than the annual financial statements, has been audited. If this communication contains estimated portfolio valuation information or, if you are a manager, if this communication indicates estimated levels of ERISA or pension plan investment in any fund which you manage, such information is strictly an estimated valuation or indication provided at your express request and solely as an accommodation to you in connection with your monitoring of investment activity. The materials and information provided are based upon information received from third parties.
Goldman Sachs Administration Services Company Limited is regulated by the Central Bank of Ireland. Goldman Sachs (Cayman) Trust, Limited is regulated by the Cayman Islands Monetary Authority. Goldman Sachs Bank USA is regulated by The New York State Banking Department and the Board of Governors of the Federal Reserve System and the FDIC.