1. About us and regulatory status
This website (www.vaiuk.finance) is operated by Virgil Alternative Investments UK Ltd (“VAI”, “we”, “us” or “our”), a company incorporated in England and Wales and registered at Companies House under number 12432050, with its registered office at 37-38 Long Acre, London, United Kingdom, WC2E 9JT.
VAI is authorised and regulated by the Financial Conduct Authority (“FCA“) under Firm Reference Number (FRN) 1003843. Details of our authorisation and of the regulated activities we are permitted to carry on can be verified on the FCA Financial Services Register at https://register.fca.org.uk.
2. Purpose of the information
The information, analysis, research, opinions and other materials made available on this website (together, the “Content“) are provided for general information purposes only. Nothing on this website constitutes, or is intended to constitute, investment, legal, tax, accounting or other advice, nor a personal recommendation within the meaning of the FCA Handbook. The Content does not take into account the particular investment objectives, financial situation, knowledge, experience or needs of any specific person.
Nothing on this website constitutes an offer, invitation or solicitation to buy, sell or subscribe for any security, product, service or investment, nor shall it (or any part of it), or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract, commitment or investment decision. Any offer of an investment will be made only to eligible persons, and only on the basis of the relevant offering, subscription or transaction documentation, which will supersede the Content in its entirety.
3. No reliance and independent advice
Before making any investment decision you should seek your own independent legal, tax, accounting, regulatory, financial and other professional advice, and make your own assessment of the commercial merits, suitability and risks of any transaction in the light of your own circumstances, objectives and financial resources. Any decision to invest must be made solely on the basis of the relevant offering or transaction documentation and not on the Content of this website. VAI shall not be liable for any decision taken, or failure by any recipient to obtain such advice, in reliance on the Content.
4. Accuracy of information and limitation of liability
The Content has been compiled from sources believed to be reliable, but no guarantee, warranty or representation, express or implied, is given by VAI as to its accuracy, adequacy, reliability or completeness. The Content may be correct only as at its stated date of issue and is subject to change without notice; VAI is under no obligation to update it.
To the fullest extent permitted by applicable law and regulation, neither VAI nor any of its affiliates, officers, directors, employees or consultants accepts any liability for any errors or omissions, or for any direct, indirect, special, incidental, consequential or other loss or damage of any kind arising from the use of, or reliance on, the Content, even if advised of the possibility of such loss.
Nothing in this disclaimer shall exclude or restrict any duty or liability owed by VAI under the regulatory system (including under the rules of the FCA) or any liability that cannot lawfully be excluded, including liability for fraud, death or personal injury caused by negligence.
5. Financial promotion and restricted audience
To the extent that any part of the Content amounts to a “financial promotion” for the purposes of section 21 of the Financial Services and Markets Act 2000 (“FSMA“), it is issued and approved by VAI as an authorised person, or otherwise communicated in reliance on an available exemption.
Given VAI’s focus on alternative and private markets, Content relating to specific investment opportunities is intended only for, and is directed only at, persons who are professional clients or eligible counterparties as defined in the FCA Handbook, and/or who fall within one or more of the following categories under the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order“): investment professionals (Article 19), high net worth companies and unincorporated associations (Article 49), certified high net worth individuals, and certified or self-certified sophisticated investors — together with any other person to whom the Content may lawfully be communicated.
The investments to which such Content relates are available only to, and any invitation, offer or agreement to subscribe for, purchase or otherwise acquire them will be engaged in only with, such persons. The Content is not directed at, and should not be acted or relied upon by, retail clients or any person who does not fall within the categories above.
6. Risk warning
Alternative investments and private market investments involve a high degree of risk and are not suitable for all investors. In particular, and without limitation:
- your capital is at risk and you may lose all or a substantial part of your investment;
- such investments are typically illiquid, may have no secondary market, and may be difficult or impossible to realise or value;
- performance may be volatile, and investments may employ leverage which can magnify losses;
- such investments may carry high fees and expenses that reduce returns;
- past performance is not a reliable indicator of future results, and any forecasts or forward-looking statements are not guarantees of future outcomes.
Where the Content refers to a valuation, fair value, or the result of any modelling exercise (such as a discounted cash flow or peer comparison), this is theoretical and represents the outcome of a study of a range of possible scenarios; it is not a forecast, a target price, or a representation that any particular outcome will be achieved. Where the Content refers to a particular tax treatment, that treatment depends on the individual circumstances of each investor and may be subject to change in the future.
7. Jurisdictional restrictions
The Content is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation, or which would subject VAI or any of its affiliates to any registration, licensing or authorisation requirement within such jurisdiction or country. In particular, the Content is not directed at, and is not intended for, any US person, nor for distribution in the United States.
Persons who access this website or the Content from outside the United Kingdom are responsible for ensuring compliance with all applicable local laws and regulations.
8. Conflicts of interest
As an FCA-authorised firm active in capital raising and private markets, VAI may provide corporate finance, placement, arranging, advisory and other investment services to, and may act for, the companies, issuers and legal entities referred to in the Content, and may receive fees or other remuneration from them in connection with such services.
VAI maintains conflicts of interest and personal account dealing policies designed to identify, prevent and manage conflicts that may arise from these relationships, and to restrict dealing by its staff and consultants in relevant financial instruments. Further information about how we manage conflicts of interest is available on request.
9. Intellectual property
The Content is the property of VAI or its licensors and is protected by intellectual property laws. No part of the Content may be reproduced, stored in a retrieval system or transmitted in any form or by any means — electronic, mechanical, photocopying, recording or otherwise — without the prior written permission of VAI.
10. Acceptance and governing law
By accessing this website and the Content, you agree to be bound by the terms of this notice. This notice, and any dispute or claim arising out of or in connection with it, shall be governed by and construed in accordance with the laws of England and Wales, and you submit to the exclusive jurisdiction of the courts of England and Wales.
Virgil Alternative Investments UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 1003843). Registered in England and Wales, company number 12432050. Registered office: 37-38 Long Acre, London, United Kingdom, WC2E 9JT.