Disclosures

Confidentiality

Materials provided by Ibis Capital, LLC, including fund presentations and offering documents, are confidential and intended solely for the person or entity to whom they have been provided. They may not be reproduced, distributed, or disclosed to any third party without the prior written consent of Ibis Capital, LLC. By accepting such materials, the recipient agrees to maintain their confidentiality and to return or destroy all copies upon request.

Not an Offer to Sell Securities

This website does not constitute an offer to sell, or a solicitation of an offer to buy, any security or investment product. Any such offer or solicitation will be made only pursuant to definitive offering documents, including a confidential private placement memorandum, limited partnership agreement, and subscription agreement, which will contain additional information about the investment, including its risks, fees, and terms. If anything on this website is inconsistent with or contrary to the offering documents, the offering documents shall control. Interests in the fund have not been and will not be registered under the Securities Act of 1933, as amended, or any state or other securities laws, and the fund has not been and will not be registered under the Investment Company Act of 1940, as amended. This website is for informational purposes only and should not be relied upon as the basis for any investment decision.

Not Investment Advice

Nothing on this website constitutes investment, legal, tax, or accounting advice. Prospective investors should consult their own advisors before making any investment. Ibis Capital, LLC does not provide tax or legal advice.

Publications and Commentary

From time to time, Ibis Capital, LLC publishes articles, market commentary, quarterly briefs, and other materials on this website, through social media platforms such as LinkedIn, and by email, and Ibis Capital personnel may participate in interviews, podcasts, and other media appearances (collectively, “Commentary”). Commentary is provided for general informational and educational purposes only. The views and opinions expressed in Commentary are those of Ibis Capital as of the date of publication or appearance and are subject to change without notice. Commentary is general in nature and does not constitute investment, legal, tax, or accounting advice. It does not take into account the investment objectives, financial situation, or particular needs of any reader or listener, is not intended to form the basis of any investment decision, and should not be considered as a recommendation by Ibis Capital, any of its affiliates or representatives, any of its personnel, or any other person. References to specific markets, sectors, asset classes, operators, or transactions are for illustrative purposes only. Any modeled or illustrative figures are hypothetical, depend on the assumptions stated, and are not a projection of the results of Ibis Capital Fund I, LP or any other fund or account managed by Ibis Capital. Commentary speaks only as of its date, and Ibis Capital is under no duty to update it. Ibis Capital is not responsible for how third-party publishers or hosts edit, excerpt, or present Commentary. Each item of Commentary is subject to the disclosures that accompany it and to the disclosures on this page.

Third-Party Information

Certain information on this website and in Commentary, including market data, statistics, and industry information, has been obtained from third-party sources believed by Ibis Capital to be reliable but has not been independently verified. While such information has been prepared in good faith, no representation or warranty, express or implied, is made as to its accuracy, reliability, or completeness. References to third-party sources, and links to third-party websites, do not constitute an endorsement, and Ibis Capital is not responsible for the content of any third-party website.

Tax Considerations

Certain information on this website and in Commentary describes tax features of real asset investments, including cost segregation and bonus depreciation. Discussions of tax matters are general summaries and do not address every rule that may apply to a particular investor. Tax benefits depend on each investor’s circumstances, may be limited by passive activity rules, and are generally subject to depreciation recapture on sale. Tax laws are subject to change, possibly with retroactive effect. Ibis Capital, LLC does not provide tax advice, and investors should consult their own tax advisors.

Prior Platform Experience

Certain information on this website, including representative transactions, deployment figures, and operator relationships, reflects the prior professional experience of Kevin Van Hoesen before founding Ibis Capital, LLC. These investments were made through a prior institutional platform and are not investments of Ibis Capital or any fund managed by Ibis Capital. They are presented solely to illustrate process, asset class coverage, and underwriting discipline. Past results from the prior platform are not indicative of future performance of Ibis Capital or any fund it manages.

Operator Track Record

Operator track record data presented on this website has been provided directly by each operator partner and has not been independently audited. These results were achieved independently by the operators and are not investments of Ibis Capital or any fund it manages. Past performance is not indicative of future results. Operator identities and detailed references are available upon request during formal due diligence.

Track Record

Ibis Capital Fund I, LP has not yet completed a full investment cycle. The firm has no realized fund-level returns. All performance metrics, target returns, projected yields, and portfolio construction examples shown on this website are illustrative targets based on assumptions and models that may not be realized. Actual results may differ materially from those projected. There is no assurance that the fund will achieve its investment objectives or that any investor will receive a return of capital.

Forward-Looking Statements

This website and Commentary may contain forward-looking statements, including targeted returns, projected cash yields, pipeline estimates, portfolio construction assumptions, and views on market conditions. These statements reflect current expectations and are based on assumptions that are subject to significant risks and uncertainties. Actual results may differ materially from those expressed or implied. Ibis Capital undertakes no obligation to update these statements.

Risk Factors

Investment in a private fund involves a high degree of risk, including the potential loss of the entire investment. Interests in the fund are illiquid and there is no secondary market for them. The fund will invest in real asset sectors that are subject to risks including but not limited to: market and economic conditions, interest rate fluctuations, leverage, operator execution risk, regulatory changes, concentration risk, environmental factors, and risks specific to individual asset classes. The fund is managed by a single key person, creating key-person risk. The use of leverage at the underlying investment level may amplify both gains and losses. The fund's investment strategy involves investing in lower middle-market transactions with limited liquidity and limited publicly available information. Prospective investors should carefully review the risk factors detailed in the confidential private placement memorandum before investing.

Eligible Investors

Securities described on this website are offered only to investors who qualify as accredited investors as defined under Regulation D of the Securities Act of 1933, as amended, and as qualified clients as defined under Rule 205-3 under the Investment Advisers Act of 1940, as amended. Ibis Capital Fund I, LP is offered under Rule 506(c) of Regulation D, and investor accreditation will be verified prior to subscription. This website is not directed at any person who does not meet these qualifications.

Regulatory Status

Ibis Capital, LLC is a registered investment adviser with the Idaho Department of Finance. Registration does not imply a certain level of skill or training, nor does it constitute an endorsement of the firm by any regulatory authority. A copy of the firm's Form ADV Part 2A is available upon request.

Fees and Expenses

The fund's returns will be reduced by management fees, fund expenses, and carried interest as described in the fund's offering documents. Fee structures described on this website are summaries only and are qualified in their entirety by the definitive terms in the limited partnership agreement.