PRIVACY POLICY

Angeles Equity Partners, LLC (together with its affiliated advisory entities, “Angeles Equity Partners” or “we”) values the trust and confidence of its investors. We appreciate that, as a result of that trust and confidence, we have access to information about our existing and prospective investors that is not generally publicly available. We are committed to maintaining the privacy of our investors and to safeguarding their nonpublic personal information.
 
This Notice of Privacy Policy relates to the privacy policy of each of the private investment partnerships managed by Angeles Equity Partners (the “Funds”) with regard to their investors and is being provided by the Funds to such investors. This notice describes the measures we have taken to protect the confidentiality, integrity and security of nonpublic personal information relating to investors. It also describes the limited extent to which we may share that information with affiliates and nonaffiliated third parties of the Funds.
 
For purposes of this Notice of Privacy Policy, an affiliate is an entity that (i) controls the Funds, (ii) is controlled by the Funds, or (iii) is under common control with the Funds. Nonaffiliated third parties are parties who are not affiliates of the Funds.
 
This Notice of Privacy Policy and the policies described herein are subject to change at any time.
 
Collection of Information
 
The Funds may collect or verify nonpublic personal information from and about you from different sources including, without limitation, the following:

  • Information we receive from you, or, if applicable, your financial intermediary on subscription agreements, investor questionnaires, applications or other documents, which may include personally identifiable financial information;
  • Information about your account history, including transactions with us, our affiliates, or others, including information about your capital account, such as capital contributions, profit and loss allocations and distributions and withdrawals from the Funds and other various transactions with the Funds;
  • Information we receive from a consumer reporting agency or other sources we may engage in conducting due diligence; and
  • Correspondence and communication with the Funds' representatives and their affiliates. 

Disclosure of Information
 
It is our policy that nonpublic personal information regarding investors is not disclosed to anyone other than as described in this Notice of Privacy Policy. The Funds generally may disclose all of the personal nonpublic information that the Funds collect regarding an investor with the Funds' affiliates, to owners and managers of companies in which it is considering making an investment, and the employees or consultants, attorneys, accountants, agents, insurers and financial advisors of such affiliates for legitimate business purposes. For example, the Funds may disclose information about an investor to an affiliate in order to service the investor's accounts.
 
In addition, the Funds may disclose information that the Funds collect regarding an investor to nonaffiliated third parties under one or more of the following circumstances:

  • As authorized - for example, as authorized by investor subscription agreements or organizational documents for the Funds and as authorized by you or your designated representatives.
  • As required by applicable law or in connection with regulatory or law enforcement inquiries - for example, to cooperate with regulators during periodic regulatory examinations.
  • As permitted by applicable law - for example, sharing information (i) with companies that maintain, process or service investor or Fund accounts, (ii) with prospective lenders to, or other creditors of, a Fund or a portfolio company in which a Fund has or is considering investing, (iii) in connection with the making, management or disposition of any Fund investment or (iv) as otherwise necessary to effect, administer or enforce investor or Fund transactions. Among other activities, the Funds may also share information with their lawyers, accountants, custodians and broker-dealers, and with persons otherwise acting in a representative or fiduciary capacity on behalf of investors or the Funds.

You may not limit the sharing noted above. U.S. federal law gives you the right to limit only:

  • sharing for affiliates’ everyday business purposes;
  • affiliates from using your information to market to you;
  • sharing for non-affiliates to market to you.

State laws may provide additional rights to limit sharing.
 
Information Safeguarding Policy
 
Any party that receives nonpublic personal information relating to investors from the Funds is permitted to use the information only for legitimate business purposes or as otherwise required or permitted by applicable law or regulation. In this regard, for officers, employees and agents of the Funds and their affiliates, access to such information is restricted to those who need such access in order to provide services to the Funds and their investors. The Funds maintain safeguards and written policies and procedures to protect investor nonpublic personal information. Third parties that handle this information also agree to follow the standards the Funds have established.
 
Additional Information
 
If you are located in a jurisdiction where specific laws, rules or regulations require us to provide you with additional or different privacy-related rights beyond what is set forth herein, then we will use our reasonable best efforts to comply with those specific laws, rules or regulations.
 
Changes to Our Notice of Privacy Policy
 
Angeles Equity Partners provides the initial Notice of Privacy Policy to investors by including it in the subscription agreements or similar documents.  The Notice of Privacy Policy is delivered annually thereafter in a manner deemed appropriate by Angeles Equity Partners (typically along with the audited financial statements or a quarterly statement to investors).  If we make material changes to this Notice of Privacy Policy, we will notify you by e-mail or through a posting on our investor portal.
 
Contact Information
 
Should you have any questions, comments, or concerns about this Notice of Privacy Policy, please contact Annie Chau, our Chief Compliance Officer, at 310-844-9205 or annie@angelesequity.com.