Sespe Investment Group does not make investment recommendations and no communication, through this website or otherwise, should be construed as a recommendation of any security.  Alternative investments in private placements are highly illiquid and speculative and involve a high degree of risk.  Past performance is not indicative of future results.  Investors may not get back their money originally invested, and those who cannot afford to lose their entire investment should not invest.  Prior to investing, carefully consider the respective fund documentation for details about potential risks, charges, and expenses.  An investment in a private equity ("PE") fund or investment vehicle is not the same as a deposit with a banking institution.  Investors receive illiquid and/or restricted membership interests that may be subject to holding period requirements and/or liquidity concerns.  Investors who cannot hold an investment for the long term (10+ years) should not invest.  In the most sensible investment strategy, PE should only be part of your overall investment portfolio.  See full disclosures for more information.