Investor Presentaiton
4
CONFIDENTIAL
I}}
Important Information
BEFORE INVESTING YOU SHOULD CAREFULLY CONSIDER THE FUND'S INVESTMENT OBJECTIVES, RISKS, CHARGES
AND EXPENSES. THIS AND OTHER INFORMATION IS IN THE PROSPECTUS, A COPY OF WHICH MAY BE OBTAINED
FROM FLOWSTONE PARTNERS AT 312-429-2488 PLEASE READ THE PROSPECTUS CAREFULLY BEFORE YOU
INVEST.
The Shares are speculative and illiquid securities involving substantial risk of loss. An investment in the Fund is appropriate only
for those investors who do not require a liquid investment, for whom an investment in the Fund does not constitute a complete
investment program, and who fully understand and can assume the risks of an investment in the Fund. Investors should carefully
review and consider potential risks before investing. The Fund has been organized as a non-diversified, closed-end management
investment company and designed primarily for long-term investors. An investor should not invest in the Fund if the investor needs
a liquid investment. The Fund could experience fluctuations in its performance due to several factors. As a result of these factors,
results for any previous period should not be relied upon as being indicative of performance in future periods.
The Fund Investments may include low grade or unrated debt securities ("high yield” or “junk” bonds or leveraged loans) or
investments in securities of distressed companies. Such investments involve substantial, highly significant risks. The Fund may
invest in mezzanine debt instruments, which are expected to be unsecured and made in companies with capital structures having
significant indebtedness ranking ahead of the investments, all or a significant portion of which may be secured. The Portfolio Fund
Managers and (subject to applicable law) the Fund may employ leverage through borrowings or derivative instruments and are
likely to directly or indirectly acquire interests in companies with highly leveraged capital structures. The Fund and Portfolio Fund
Managers may use derivatives and the use of derivative instruments for hedging or speculative purposes by the Fund or the
Portfolio Fund Managers could present significant risks, including the risk of losses in excess of the amounts invested. The overall
performance of the Fund's secondary investments will depend in large part on the acquisition price paid, which may be negotiated
based on incomplete or imperfect information. Secondary investments may also incur contingent liability risk and syndicate risk.
Potential lack of diversification and resulting higher risk due to concentration of allocation authority when a single adviser is
utilized. The Adviser does not control the investments or operations of the Portfolio Funds. For a complete discussion of risks
please review the prospectus carefully.
FlowStone Funds are distributed by UMB Distribution Services, LLC. Not affiliated with FlowStone PartnersView entire presentation