Terms of Use

Last Updated and Effective December 9, 2025

By accessing and/or using this web site (inclusive of any information accessible through links contained on this website, the “Site”), you accept in their entirety the following terms and conditions of use of the Site (the “Terms of Use”). Birnam Oak Advisors, LP and its affiliates (collectively “Birnam Oak”) reserve the right to change the terms, conditions and notices under which this Site is offered without notice at any time. Each access or use of the Site constitutes your agreement to be bound by the then-current terms and conditions set forth in these Terms of Use.

  1. Limited License to Use the Site

    2. Except as specifically permitted below, nothing contained in these Terms of Use or the Site either grants or will be construed to grant to you or any third party any title or interest in, or any license or right to use or reproduce, any image, text, software, code, trademark, logo, or service mark contained in the Site, including without limitation the name or logo of Birnam Oak Advisors, LP or any of its affiliates.Birnam Oak reserves, and will enforce to the fullest extent possible, all rights that it may have with respect to copyright and trademark ownership of all material in the Site.Birnam Oak grants you a limited, nonexclusive license to display and otherwise access and/or use the Site solely for your own private, non-commercial informational purposes only, and to print pages from the Site only in connection with that access and/or use. You may not modify, distribute, transmit, perform, reproduce, publish, license, create derivative works from, transfer, sell, post, or frame this Site, including any text, graphics, video, audio, logos and other source-identifying symbols, designs, icons, images, or other information, software, code, or user interface design contained on or in the Site without Birnam Oak’s express written permission. You are prohibited from using the Site:

    • for any unlawful purpose;
    • to promote, advocate, or assist in any unlawful acts or to solicit others to perform or participate in any unlawful acts;
    • to violate any international, federal, provincial, or state regulations, rules, laws, or local ordinances;
    • to infringe upon or violate our intellectual property rights or the intellectual property rights of others;
    • to train artificial intelligence models or systems (e.g., Large Language Models (LLMs));
    • to harass, abuse, insult, harm, defame, slander, disparage, intimidate, or discriminate based on gender, sexual orientation, religion, ethnicity, race, age, national origin, or disability;
    • to upload or transmit any material or content that attempts to falsely state or otherwise misrepresent your identity or affiliation with a person or entity;
    • to upload or transmit viruses or any other type of malicious code that will or may be used in any way that will affect the functionality or operation of the Site or of any related website, other websites, or the Internet;
    • to upload or transmit any material or content that is pornographic, threatening, harassing, libelous, hate-oriented, harmful, defamatory, racist, xenophobic, or illegal;
    • to upload or transmit material or content that promotes, provides, or relates to instructional information about illegal activities or promotes physical harm or injury against any individual or group;
    • to upload or transmit or otherwise make available any unsolicited or unauthorized advertising, promotional materials, “junk mail,” “spam,” “chain letters,” “pyramid schemes,” or any other form of solicitation;
    • to collect or track the personal information of others;
    • to spam, phish, pharm, pretext, spider, crawl, or scrape;
    • for any obscene or immoral purpose; or
    • to interfere with or circumvent the security features of the Site or any related web site, other web sites, or the Internet.
  2. No Offer of Securities

    3. Under no circumstances should any material on the Site be used or considered as an offer to sell or a solicitation of an offer to buy any interest in any investment fund sponsored or managed by Birnam Oak Advisors, LP’s affiliates. Any such offer or solicitation can and will be made only by means of the confidential information memorandum of each such investment fund, only in jurisdictions in which such an offer would be lawful and only to individuals who meet the investor suitability and sophistication requirements of each such investment fund, including qualifying as accredited investors within the meaning of the Securities Act of 1933, as amended. Access to information about the investment funds, products and services provided by Birnam Oak is similarly limited to individuals who meet the applicable investor suitability and sophistication requirements.

  3. Links to Third Party Web Sites

    4. Birnam Oak has not necessarily reviewed all or any of the web sites that may be linked to the Site and is not responsible for their content. Birnam Oak is not responsible for the privacy practices of such other web sites. Your linking to or use of any off-site pages or other web sites is at your own risk. Birnam Oak’s inclusion of links to other web sites does not imply any endorsement of the material located on or linked to by such web sites.

  4. No Warranty

    5. TO THE FULLEST EXTENT PERMITTED BY LAW, BIRNAM OAK, AND ITS RESPECTIVE OFFICERS, DIRECTORS, PRINCIPALS, AGENTS, AND EMPLOYEES MAKE NO REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED, REGARDING THE ACCURACY, RELIABILITY, COMPLETENESS, SUITABILITY, OR OTHER CHARACTERISTICS OF THE INFORMATION AND MATERIALS CONTAINED ON OR PRESENTED THROUGH THE SITE. ANY CONTENT OF THE SITE IS SUBJECT TO CHANGE WITHOUT NOTICE. ALL SUCH INFORMATION AND MATERIALS ARE PROVIDED “AS IS,” WITHOUT (TO THE FULLEST EXTENT PERMITTED BY LAW) ANY WARRANTY OF ANY KIND. BIRNAM OAK HEREBY FURTHER DISCLAIMS ALL WARRANTIES AND CONDITIONS WITH REGARD TO SUCH INFORMATION AND MATERIALS, INCLUDING ALL IMPLIED WARRANTIES AND CONDITIONS OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, AND AVAILABILITY.

  5. Limitation of Liability

    6. TO THE FULL EXTENT PERMITTED BY APPLICABLE LAW, BIRNAM OAK AND ITS RESPECTIVE OFFICERS, DIRECTORS, PRINCIPALS, AGENTS, AND EMPLOYEES SHALL NOT BE LIABLE FOR ANY CLAIMS, LIABILITIES, LOSSES, COSTS, OR DAMAGES, INCLUDING DIRECT, INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL, OR CONSEQUENTIAL DAMAGES, ARISING OUT OF OR IN ANY WAY CONNECTED WITH (I) THE USE OF OR INABILITY TO USE THE SITE OR WITH ANY DELAY IN USING THE SITE, OR (II) ANY INFORMATION AND MATERIALS OBTAINED THROUGH THE SITE, OR (III) OTHERWISE ARISING OUT OF THE ACCESS AND/OR USE OF THE SITE IN ANY CASE, WHETHER BASED ON THEORIES ARISING IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. SUCH LIMITATIONS APPLY EVEN IF BIRNAM OAK OR ANY OF ITS RESPECTIVE OFFICERS, DIRECTORS, PRINCIPALS, AGENTS, OR EMPLOYEES HAVE BEEN ADVISED OF THE POSSIBILITY OF DAMAGES.

  6. Digital Millennium Copyright Act (“DMCA”) Notice

    7. Birnam Oak respects the intellectual property rights of others and expects its users to do the same. In accordance with the Digital Millennium Copyright Act of 1998, the text of which may be found on the U.S. Copyright Office website at http://www.copyright.gov/legislation/dmca.pdf, Birnam Oak will respond expeditiously to claims of copyright infringement committed using the Site that are reported to Birnam Oak’s Designated Copyright Agent, identified in the sample notice below.

    If you are a copyright owner, or are authorized to act on behalf of one, or authorized to act under any exclusive right under copyright, please report alleged copyright infringements taking place on or through the Site by completing the following DMCA Notice of Alleged Infringement and delivering it to Birnam Oak’s Designated Copyright Agent. Upon receipt of the Notice as described below, Birnam Oak will take whatever action, in its sole discretion, it deems appropriate, including removal of the challenged material from the Site.

    DMCA Notice of Alleged Infringement (“Notice”)

    1. Identify the copyrighted work that you claim has been infringed, or – if multiple copyrighted works are covered by this Notice – you may provide a representative list of the copyrighted works that you claim have been infringed.
    2. Identify the material that you claim is infringing (or to be the subject of infringing activity) and that is to be removed or access to which is to be disabled, and information reasonably sufficient to permit us to locate the material, including at a minimum, if applicable, the URL of the link shown on the Site where such material may be found.
    3. Provide your mailing address, telephone number, and, if available, email address.
    4. Include both of the following statements in the body of the Notice:
      • “I hereby state that I have a good faith belief that the disputed use of the copyrighted material is not authorized by the copyright owner, its agent, or the law (e.g., as a fair use).”
      • “I hereby state that the information in this Notice is accurate and, under penalty of perjury, that I am the owner, or authorized to act on behalf of the owner, of the copyright or of an exclusive right under the copyright that is allegedly infringed.”
    5. Provide your full legal name and your electronic or physical signature.

    Deliver this Notice, with all items completed, to Birnam Oak’s Designated Copyright Agent:

    DMCA Agent
    Birnam Oak Advisors, LP
    520 Madison Avenue, Suite 2104
    New York, NY 10022
    212-970-5802
    Email: legal@birnam-oak.com

    Upon receipt of a written DMCA Notice containing the above information, Birnam Oak will remove or disable access to the allegedly infringing materials and will promptly notify the individual who posted the materials that the content has been removed or access disabled.

    If you believe that the material that was removed or to which access was disabled is either not infringing or that you have the right to post and use such material, you may send a counter-notice containing the following information to the Designated Copyright Agent listed above:

    • Your physical or electronic signature, or the signature of a person authorized to act on your behalf;
    • Identification of the material that has been removed or to which access has been disabled and the location at which the material appeared before it was removed or access disabled;
    • Your contact information, including your name, address, telephone number, and, if available, e-mail address;
    • A statement under penalty of perjury that you have a good faith belief that the material was removed or disabled as a result of mistake or a misidentification of the material; and
    • A statement that you consent to the jurisdiction of the United States District Court for the judicial district in which your address is located (or if you reside outside the United States, for any judicial district in which the Site may be found), and that you will accept service of process from the person (or agent of the person) who provided Birnam Oak with the DMCA Notice at issue.

    The DMCA allows Birnam Oak to send a copy of the counter-notice to the original complaining party and to replace the removed material or cease disabling access to the material if the original complaining party does not provide Birnam Oak with notice that it has filed an action seeking a court order restraining the infringing activity within 10 business days of receipt of the counter-notification. If Birnam Oak replaces or restores access to the material, it will do so in 10 to 14 business days after receipt of the counter-notice.

  7. Contact Us

    8. If you have any questions or comments about these Terms of Use, please feel free to contact Birnam Oak at investors@birnam-oak.com or 212-970-5800.