Perseus, L.L.C. Privacy Policy and User Agreement

 

Thank you for visiting this website (the “Website”) of Perseus, L.L.C. and the entities directly or indirectly managed by Perseus, L.L.C. and/or its affiliates (collectively, “Perseus”).  By using the Website, you signify your consent to the following terms and conditions of use without limitation or qualification.  If you do not agree to these terms, do not use the Website.  Perseus may change this Privacy Policy and User Agreement (collectively, this “Policy”) from time to time, based upon any changes to its Website and its users’ experiences on it. 

 

Perseus may need to change this Policy from time to time in order to address new issues and reflect changes on the Website or in the law.  Any such changes will be posted here.  Perseus will post an announcement on the home page of the Website if it makes any material changes to this Policy.

 

BY USING THE WEBSITE, YOU CONSENT TO PERSEUS’ USE OF ANY INFORMATION THAT YOU PROVIDE TO PERSEUS OR ANY INFORMATION THAT PERSEUS COLLECTS, IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THIS POLICY.

 

Privacy Policy

 

Perseus is committed to handling information regarding its past, current and prospective clients and other users of the Website responsibly.  New technologies have dramatically changed the way information of all kinds is gathered, used and stored, but the importance of preserving the security and confidentiality of client information has remained a core value of Perseus.  Perseus recognizes and respects the privacy expectations of each of our clients and users of our Website.  The confidentiality and protection of client and user information is one of our fundamental responsibilities.

 

For purposes of this Policy, the term “user” means any natural person, corporation, limited liability company, and other entity who visits the Website and/or provides non-public personal information to Perseus through the Website.

 

Collection and Disclosure of User Information

User information collected by or on behalf of Perseus is obtained directly from the user, from the user’s professional advisors or other representatives, or on behalf of the user from other third parties, and generally is entered on the Website or comes from the following sources: subscription agreements, advisory agreements, other required forms and agreements, correspondence, and written or telephone contacts with users regarding their accounts.

 

The information Perseus collects (the “Information”) may include a user’s name, address, social security or employee identification number, assets, net worth, income, investments, beneficial interests, investment history, information about investment goals and risk tolerance and other identifying information or personal financial or non-financial data. 

 

Perseus may record certain data about your use of the Website.  Perseus may use your IP address to help diagnose problems with its server, and to administer the Website. 

 

The Information you may provide to Perseus via the Website is used for reasonable business purposes and the purpose for which you provided it, including, without limitation, to respond to your request or correspondence.  The Information may also be analyzed so that Perseus can provide you with useful information and serve you in the best manner possible through new features and functions on its Website.

 

Perseus may employ outside agents or third-party service providers to operate the Website and employ others to perform functions on its behalf, such as sending postal mail and e-mail and analyzing data.  These third parties may have access to personally-identifiable information needed to perform their functions.  These third parties may not use your Information for any other purpose. 

 

Perseus may disclose your Information to certain third parties: (i) as authorized by you, (ii) as permitted by applicable law, for example, to service providers who maintain or service customer accounts for Perseus; or (iii) as required by applicable law, for example, as part of a regulatory or similar filing with certain regulatory and/or governmental agencies.    You hereby authorize Perseus to disclose your Information in those circumstances.

 

Security of User Information

If Perseus collects any Information about you, it will take reasonable precautions to protect your Information from loss, misuse or alteration.  Perseus restricts access to your Information to those employees who need to know that Information to provide products or services to you.  Perseus maintains physical, electronic, and procedural safeguards that comply with applicable federal regulations to guard your Information. You should recognize, however, that there is no such thing as “perfect security” on the Internet and consequently Perseus cannot ensure or warrant the security of any information you transmit to it.

 

Perseus adheres to the policies and practices described in this Policy regardless of whether or not the user is a current or former client.

 

Correcting or Updating Personal Information

If Perseus collects any personal information about you and your personal information changes, Perseus will gladly correct, update, or remove any data you have previously provided.  You may change your personal information at any time by sending Perseus an e-mail at perseusllc@perseusllc.com.  Perseus may retain a copy of the prior version for its records.

 

User Agreement

 

No Offer

The information, tools and material presented in the Website are provided to you for informational purposes only and are not intended to be, and should not be, used or considered as an offer, recommendation or a solicitation to sell, or an offer, recommendation or solicitation to buy or subscribe to any financial instruments, investment management services or advisory services. 

 

No Advice

The Website does not intend to provide investment, tax or legal advice.  Perseus does not represent that any of the products or services presented in the Website (if any) are suitable or appropriate for all investors.  Decisions based on information contained in the Website are the sole responsibility of the user.  Depending on the user’s specific investment objectives and financial position, the investments discussed in the Website may or may not be suitable.  It is up to the user to weigh any decision carefully.    

 

Links to Third Party Sites

The Website may contain links to sites owned and operated by other parties.  Perseus is not responsible for and has no control over the privacy policies or content of those sites.  Perseus encourages you to review the privacy policies of those sites prior to providing such sites with any information. 

 

Ownership of Content

All text, images, graphics, sounds and software code (“Content”) on the Website are copyrighted property of Perseus, its affiliates or others.  Content may only be used for the personal education of visitors to the Website and it may not be placed in the public domain.  You may not reproduce, redistribute, publish or otherwise use by electronic or any other means any of the Content without the prior written consent of Perseus. 

 

Trademarks

All trademarks, service marks and company names and logos appearing on the Website are the property of their respective owners.

 

Children Under 18

Children under 18 are not eligible to use the Website. 

 

Disclaimer of Warranties

Past investment results of Perseus or any other person described in the Website are for illustrative purposes only and should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future investment results.  The nature of, and risks associated with, Perseus’ future investments may differ substantially from those investments and strategies undertaken historically by Perseus.  There can be no assurance that any of Perseus’ future investments will perform as well as the past investments described on the Website, or that Perseus will be able to avoid future losses.  Opinions and/or estimates reflect a judgment at the original date of publication by Perseus and are subject to change without notice.  The price, value of and income from any of the financial instruments mentioned on the Website may change over time.

 

Certain information contained in the Website may constitute “forward-looking statements,” which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “anticipate,” “project,” “estimate,” “intend,” “continue” or “believe” or the negatives thereof or other variations thereon or comparable terminology.  Due to various risks and uncertainties, actual events or results or the actual performance of the Perseus entities may differ materially from those reflected or contemplated in such forward-looking statements.


The Website is subject to periodic update and revision.  Perseus reserves the right, in its sole discretion, without any obligation and without any notice, to change, modify or delete the information, materials and descriptions on the Website and to suspend or deny access to it.  Perseus may discontinue or change any product or services described on the Website at any time.  Materials should only be considered current as of the date of initial publication, without regard to the date on which you may access the information.

 

 

You expressly acknowledge and agree that:

 

(a) YOUR USE OF THE WEBSITE IS AT YOUR SOLE RISK.  THE WEBSITE IS PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS.  TO THE FULLEST EXTENT PERMISSIBLE PURSUANT TO APPLICABLE LAW, PERSEUS EXPRESSLY DISCLAIMS ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF TITLE, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT.

 

(b) PERSEUS DOES NOT WARRANT OR REPRESENT THAT (i) THE WEBSITE WILL MEET YOUR REQUIREMENTS, (ii) USE OF THE WEBSITE WILL BE UNINTERRUPTED, TIMELY, SECURE OR ERROR-FREE, (iii) THE RESULTS THAT MAY BE OBTAINED FROM THE USE OF THE WEBSITE WILL BE ACCURATE OR RELIABLE, (iv) THE QUALITY OF ANY INFORMATION, SERVICES OR OTHER MATERIAL OBTAINED BY YOU THROUGH THE WEBSITE WILL MEET YOUR EXPECTATIONS, (v) THE SERVERS THAT MAKE THE WEBSITE AVAILABLE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS, OR (vi) ANY ERRORS IN THE WEBSITE WILL BE CORRECTED.

 

(c) ANY MATERIAL DOWNLOADED OR OTHERWISE OBTAINED THROUGH THE USE OF THE WEBSITE IS DOWNLOADED OR OBTAINED AT YOUR OWN DISCRETION AND RISK AND YOU WILL BE SOLELY RESPONSIBLE FOR ANY DAMAGE TO YOUR COMPUTER SYSTEM OR LOSS OF DATA THAT RESULTS FROM THE DOWNLOADING OR OBTAINING OF ANY SUCH MATERIAL.  YOU (AND NOT PERSEUS OR ANY OF ITS AFFILIATED COMPANIES OR ANY OF THEIR RESPECTIVE LICENSORS OR SUPPLIERS) ASSUME THE ENTIRE COST OF ALL NECESSARY SERVICING, REPAIR OR CORRECTION. 

 

(d) NO ADVICE OR INFORMATION, WHETHER ORAL OR WRITTEN, OBTAINED BY YOU FROM PERSEUS OR THROUGH OR FROM THE SITE OR ANY OF THE SERVICES AVAILABLE ON THE WEBSITE SHALL CREATE ANY WARRANTY NOT EXPRESSLY STATED IN THIS POLICY.

 

Limitation of Liability

Perseus and its affiliates, members, partners, shareholders, officers, directors, employees and agents shall not be liable for any direct, indirect, incidental, special or consequential damages, resulting from the use or the inability to use the Website or services; or resulting from any information or services obtained or messages received or transactions entered into through the Website; or resulting from unauthorized access to or alteration of your transmissions of data, including, but not limited to, damages for loss of profits, use, data or other intangible losses, even if Perseus has been advised of the possibility of such damages. 


Because certain jurisdictions do not allow the exclusion or limitation of liability for consequential or incidental damages, in such states liability is limited to the fullest extent permitted by applicable law.

 

If you are dissatisfied with any portion of the Website, or with any of these terms of use, your sole and exclusive remedy is to discontinue using the Website.

 

Applicable Law

This Policy will be governed by and construed in accordance with the laws of the State of New York, without regard to any principles of conflicts of law.  You agree that any action at law or in equity that arises out of or relates to any use of the Website will be filed only in the state or federal courts located in New York County and you hereby consent and submit to the personal jurisdiction of such courts for the purposes of litigating any such action.

 

Contacts

Thank you for visiting the Website.  Please contact Perseus at perseusllc@perseusllc.com if you have any questions about the Website or this Policy.