03.2.
Describe your policy on managing potential conflicts of interest in the investment process.
The funds' General Partner will consult with respective Advisory Committees regarding potential conflicts of interest. In addition, Falcon's Limited Partnership Agreements include various restrictions on conflicts transactions. These include, but are not limited to restrictions on outside activities that would take attention away from the management of Falcon and its portfolio investments. Falcon has also formed an allocation committee to facilitate the management of multiple strategies and portfolios.