Terms of Use

Effective Date: 2026

These Terms of Use (“Terms”) govern your access to and use of the website operated by The Blacksmith Fund LP and its affiliates (collectively, the “Company,” “we,” “our,” or “us”). By accessing or using this website (the “Website”), you agree to be bound by these Terms. If you do not agree, you should not use this Website.

The Blacksmith Fund LP does not provide investment advisory services to individuals, does not offer separately managed accounts, and does not accept retail investors.

1. Informational Purposes Only — No Reliance

The Company has no obligation to update or correct any information on this Website, and such information may become outdated. All content on this Website is provided solely for informational and educational purposes. Nothing on this Website constitutes investment, legal, tax, or other professional advice, nor should it be relied upon as such.

You agree that you will not rely on any information contained on this Website when making investment or financial decisions. Any investment decision should be made only after conducting your own independent due diligence and consulting with your own professional advisors. Any statements regarding expectations, strategies, or objectives are forward-looking in nature and subject to change without notice.

2. No Offer or Solicitation

This Website does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any offer or solicitation, if made, will be conducted solely through confidential offering documents and only to investors who have been verified as accredited under Rule 506(c) of Regulation D.

3. No Advisory Relationship

Your use of this Website does not create an investment advisory, fiduciary, client, or professional relationship between you and the Company.

The Company does not provide investment advice through this Website, and no information provided herein should be interpreted as personalized investment advice or a recommendation of any kind.

4. Limitation of Liability

To the maximum extent permitted by applicable law, the Company and its partners, affiliates, officers, employees, and agents shall not be liable for any direct, indirect, incidental, consequential, or punitive damages arising out of or related to:

Your use of or inability to use this Website
Any errors, omissions, or inaccuracies in Website content
Any reliance on information obtained through this Website

Your sole remedy for dissatisfaction with the Website is to discontinue use.

5. No Warranties

This Website is provided on an “as is” and “as available” basis, without warranties of any kind, either express or implied, including but not limited to warranties of accuracy, completeness, merchantability, fitness for a particular purpose, or non-infringement.

6. Intellectual Property

All content on this Website, including text, graphics, logos, and design elements, is the property of The Blacksmith Fund LP or its licensors and is protected by applicable intellectual property laws.

You may not reproduce, distribute, modify, or create derivative works from any content on this Website without prior written consent.

7. Third-Party Links

This Website may contain links to third-party websites. The Company does not control, endorse, or assume responsibility for the content, privacy practices, or availability of any third-party sites.

8. Governing Law & Jurisdiction

These Terms shall be governed by and construed in accordance with the laws of the State of Texas, without regard to conflict-of-law principles.

Any dispute arising out of or relating to these Terms or your use of the Website shall be subject to the exclusive jurisdiction of the state or federal courts located in Texas, and you hereby irrevocably consent to such jurisdiction and venue.

9. Changes to These Terms

The Company may modify these Terms at any time without prior notice. Updates will be posted on this page, and continued use of the Website constitutes acceptance of the revised Terms.

10. Contact Information

For questions regarding these Terms of Use, please contact the Company through the contact information provided on this Website.