This material does not constitute an offer or a solicitation to purchase an interest in Deep Fork Partners, LP (the ‘Fund’). Any such offer will be made only through the Fund’s confidential private placement memorandum (the “Memorandum”). An investment in the Fund is speculative and is subject to a risk of loss, including a risk of loss of principal. There is no secondary market for interests in the Fund and none is expected to develop. No assurance can be given that the Fund will achieve its objective or that an investor will receive a return of all or part of its investment. All statements herein are qualified in their entirety by reference to the Memorandum, and to the extent that this document contradicts the Memorandum, the Memorandum shall govern in all respects.
This material may not be distributed or reproduced in whole or in part without the express written consent of Deep Fork Capital, LLC (the “Investment Manager”). Unless otherwise stated, the information in this document is not personalized investment advice or an investment recommendation on the part of the Investment Manager. No representation, warranty, or undertaking, express or implied, is given as to the accuracy or completeness of the information or opinions contained in this document, and no liability is accepted as to the accuracy or completeness of any such information or opinions. This material is not intended to provide, and should not be relied on for, tax, legal, or accounting advice.
The performance data discussed herein do not represent the performance of the Fund, but rather, represent the performance of a personal IRA account of Daniel Myers, the principal of the Investment Manager, and are included for informational purposes only. Due to the differing circumstances of managing proprietary capital in a personal account and managing outside capital, the results generated in the Fund once outside capital is admitted could be materially different than those results shown. The results shown reflect the deduction of: (i) a performance allocation of 25%, taken annually, subject to a 5.0% per annum “hurdle” and a “high water mark;” and (ii) transaction fees and other expenses actually incurred. The performance allocation has been applied retroactively and does not reflect actual fees charged. None of the results shown reflect the deduction of certain organizational and operating expenses common to investment funds, which would serve to decrease profits or otherwise increase losses. All results were achieved using the investment strategy as articulated in the Memorandum.
Results are compared to the performance of the performance of the S&P 500 Total Return Index (SPTR) (the “Comparative Index”) for informational purposes only. The Fund’s investment program does not mirror the Comparative Index and the volatility of the Fund’s investment program may be materially different from the volatility of the Comparative Index. The securities included in the Comparative Index are not necessarily included in the Fund’s investment program and criteria for inclusion in the Comparative Index differ from the criteria for investment by the Fund. The performance of the Comparative Index reflects the reinvestment of dividends, as appropriate. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
This material contains certain forward-looking statements and projections regarding market trends, investment strategy, and the future asset allocation of the Fund, including indicative guidelines regarding position limits, exposures, position sizing, diversification, and other indications regarding the Fund’s strategy. These projections and guidelines are included for illustrative purposes only, are inherently predictive, speculative, and involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. The guidelines included herein do not reflect strict rules or limitations on the Fund’s investment program and the Fund may deviate from the guidelines described herein. There are a number of factors that could cause actual events and developments to differ materially from those expressed or implied by these forward-looking statements, projections, and guidelines, and no assurances can be given that the forward-looking statements in this document will be realized or followed, as described. These forward-looking statements will not necessarily be updated in the future.
All performance results presented herein were achieved through the actual management of a personal individual retirement account of Daniel Myers, principal of the Investment Manager, during the period July 2022 through June 2026, utilizing the investment strategy articulated in the Fund’s Confidential Private Placement Memorandum (the “Memorandum”). There are no material deviations between the investment strategy of the Fund and the strategy employed to generate the results shown. All results were achieved using the investment strategy as articulated in the Memorandum.
Results are presented net of fees and expenses under each of the Fund’s two incentive allocation structures, applied retroactively: one table reflects the deduction of a 25% performance allocation subject to a 5% hard hurdle and high water mark, and the other reflects the deduction of a 50% allocation on returns in excess of the Comparative Index. Each table is representative of the net results an investor would have achieved under the corresponding fee structure.
The Investment Manager has managed no other accounts utilizing the same investment strategy; the account reflected herein, operated from July 2022 through June 2026, is the sole account managed by Daniel Myers employing this strategy.
Interests in the Fund are available only to investors who are both “accredited investors” and “qualified clients” (or “qualified purchasers”) as defined under applicable federal securities laws.