ISSUER AND RELATIONSHIP TO INFORMATION MEMORANDUM
This document has been prepared and issued by Tanarra Capital Australia Pty Ltd (ABN 88 114 164 331) (“Tanarra” or the “Manager”) to provide background information for persons considering applying for units in one or more unregistered Australian unit trusts (the “Trusts”) forming part of the Tanarra LTV Fund 2 (“Fund”)..
It is to be read together with the Information Memorandum dated August 2021 for the Fund (“Information Memorandum”). Terms used in this document and not otherwise defined have the meanings given in the Information Memorandum. The Important Notice section of the Information Memorandum is taken to be included in this document as if set out in full.
No person other than Tanarra have caused or authorised the issue of this document nor do they take any responsibility for the preparation or contents of this document.
The Fund will comprise one or more Trusts, as well as other entities or mandates that may be established and designated by the Manager to be constituent entities or mandates of the Fund. Persons who successfully subscribe to the Fund will become holders of units (the “Units” or “Interests”) in one or more of the Trusts.
Each Trust will have an external trustee (the “Trustee”). The trustee of the first Trust to be established, Tanarra Long Term Value Fund No. 2 Trust, is The Trust Company (RE Services) Limited (the “Perpetual Trustee”), and the Perpetual Trustee is also expected to be trustee of any further Trusts to be established.
Tanarra will be appointed by the Trustee to manage the Fund and, as Manager, will source and present investment opportunities to the Fund. The Manager holds Australian financial services licence (“AFSL”) No. 290098.
Investments in the Fund will be by invitation only. Any offer or invitation accompanied by this Memorandum is only available in Australia to Wholesale Clients. This Memorandum does not constitute an offer or invitation in any place or to any person in or outside of Australia where it would be unlawful to make such an offer or invitation. Any offer or invitation is not available in the United States or to US persons (as defined in the relevant US securities law) unless otherwise approved by the Manager. No public offer of Interests in the Fund is proposed.
GENERAL ADVICE WARNING
Investors should read the Memorandum in its entirety and understand that the Memorandum is general in nature and is not to be considered as investment, legal or tax advice. Before making an investment decision in relation to the Fund, investors should consider whether investing in the Fund is suitable to their own individual circumstances and seek advice from a qualified financial adviser.
To the extent any content in this Memorandum constitutes or includes financial product advice, you are warned that:
• the advice has been prepared without taking account of your objectives, financial situation or needs; and
• because of that, you should, before acting on the advice, consider the appropriateness of the advice having regard to your objectives, financial situation and needs.
No cooling off period applies.
Neither Tanarra nor any other person accepts any responsibility to update this document or the Information Memorandum.