Please read these terms and conditions carefully. By accessing this website and any pages hereof, you are indicating that you have read, acknowledge and agree to be bound by these Terms of Use. If you do not agree to these Terms of Use, do not access this website. Drexel Morgan Capital Advisers (“DMCA”) reserves the right to change these Terms of Use, which you are responsible for regularly reviewing and your continued use of this website constitutes agreement to all such changes.


DMCA reserves the right, in its sole discretion, without any obligation and without any notice requirement, to change, improve or correct the information, materials and descriptions on this website and to suspend and/or deny access to this website for scheduled or unscheduled maintenance, upgrades, improvements or corrections. The information and materials on this website may contain typographical errors or inaccuracies. Any dated information is published as of its date only, and DMCA does not undertake any obligation or responsibility to update or amend any such information. DMCA may discontinue or change any product or service described in or offered on this website at any time.


The rights granted to you herein terminate immediately upon any violation by you of these Terms of Use. DMCA, in its sole discretion, reserves the right to temporarily or permanently terminate your access to and use of this website at any time and for any reason whatsoever, without notice or liability. DMCA will not be liable to you or any third party for any termination of your access to or use of this website.


You must not misuse this website by knowingly introducing viruses, trojans, worms, logic bombs or other material which is malicious or technologically harmful. You must not attempt to gain unauthorized access to the website, the server on which the website is stored, or any server, computer or database connected to the website. You must not attack our site via a denial-of-service or distributed denial-of-service attack or take any action with similar effect.

You agree to indemnify, defend, and hold harmless DMCA, its subsidiaries and affiliates, each of its and their officers, directors, employees, and agents, licensors, and vendors from and against all claims, demands, liabilities, damages, losses, or expenses, including attorney’s fees and costs, arising out of or related to your improper access to or use of this website, or any violation by you of these Terms of Use


All right, title and interest in this website and any content contained herein is the exclusive property of DMCA, except as otherwise stated. Unless otherwise specified, this website is for your personal and non-commercial use only and you may print, copy and download any information or portion of this website for your personal use only. You may not modify, copy, distribute, transmit, display, perform, reproduce, publish, license, frame, create derivative works from, transfer, or otherwise use in any other way for commercial or public purposes in whole or in part any information or services obtained from this website, except for the purposes expressly provided herein, without DMCA’s prior written approval. If you copy or download any information from this website, you agree that you will not remove or obscure any copyright or other notices or legends contained in any such information.  You may not use any trademarks, service marks, or other identifier of DMCA without express written consent from DMCA. 


The information, products and services on this website are provided on an “AS IS,” “WHERE IS” and “WHERE AVAILABLE” basis. DMCA does not warrant the information or services provided herein or your use of this website generally, either expressly or impliedly, for any particular purpose and expressly disclaims any implied warranties, including but not limited to, warranties of title, non-infringement, merchantability or fitness for a particular purpose. Although the information provided to you on this website is obtained or compiled from sources we believe to be reliable, DMCA cannot and does not guarantee the accuracy, validity, timeliness or completeness of any information or data made available to you for any particular purpose. 

Neither DMCA, nor any of its affiliates, directors, officers or employees, nor any third party vendor, will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or interruption of this website, or resulting from the act or omission of any other party involved in making this website, the data contained herein or the products or services offered on this website available to you, or from any other cause relating to your access to, inability to access, or use of the website or these materials, whether or not the circumstances giving rise to such cause may have been within the control of DMCA or of any vendor providing services. In no event will DMCA or any such parties be liable to you, whether in contract or tort, for any direct, special, indirect, consequential or incidental damages or any other damages of any kind even if DMCA or any other such party has been advised of the possibility thereof. This limitation on liability includes, but is not limited to, the transmission of any viruses which may infect a user’s equipment, failure of mechanical or electronic equipment or communication lines, telephone or other interconnect problems (e.g., you cannot access your internet service provider), unauthorized access, theft, operator errors, strikes or other labor problems or any force majeure. DMCA cannot and does not guarantee continuous, uninterrupted or secure access to the website.


None of the information contained in this website constitutes a recommendation, solicitation or offer by DMCA to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.  Private funds managed by DMCA are only offered to eligible investors pursuant to the applicable offering documents and consistent with the applicable exemptions from securities registration.

The information contained in this website has been prepared without reference to any particular user’s investment requirements or financial situation. Certain transactions give rise to substantial risk and are not suitable for all investors. Prior to the execution of any transaction by you involving information you received from this website, you should consult your business advisor, attorney and tax and accounting advisors with respect to the price, suitability, value, risk or other aspects of any stock, mutual fund, security or other investment. Decisions based on information on this website are the sole responsibility of the visitor, and in exchange for using this website, the visitor agrees to hold DMCA harmless against any claims for damages arising from any decisions that the visitor makes based on such information.

Pricing and other information generated through the use of data or services made available herein may not reflect actual prices or values that would be available in the market at the time provided or at the time that the user may want to purchase or sell a particular security or other instrument.

Compliance with Local Law

The information and services provided on this website are not provided to and may not be used by any person or entity in any jurisdiction where the provision or use thereof would be contrary to applicable laws, rules or regulations of any governmental authority or regulatory or self-regulatory organization or clearing organization or where DMCA is not authorized to provide such information or services. Some products and services described in this website may not be available in all jurisdictions or to all clients. 

The information in this website is only directed to United States residents.  Because of the global nature of the Internet, you agree to comply with all local rules with respect to your use of this website, including all laws, rules, codes, and regulations of the country in which you reside and the country from which you access this Site, including without limitation, all laws, rules, codes, regulations, decrees, acts, orders, directives, legislation, bills, and statutes pertaining to tax, contracts, intellectual property, securities, e-commerce, banking, technology, computers, fraud, and privacy. 


DMCA may process personal data as part of and/or in connection with your access and/or use of this website. This includes using cookies and similar technology to collect information about your use of our website and your preferences. By accessing or using this website you consent to DMCA’s processing personal data and using cookies as further detailed in our Privacy Policy. To find out more information about how DMCA processes personal data and how we use cookies, see our Privacy Policy .  


E-mail submitted to or through this website should be considered neither secure nor confidential. DMCA makes no representation whatsoever concerning the security or confidentiality of your e-mail messages and specifically makes no representation that any e-mail message submitted through this site will be received by DMCA.

Any communications or material you transmit to this website by electronic mail or otherwise, including data, questions, comments or suggestions, will be treated as nonconfidential and nonproprietary and will become the property of DMCA or its affiliates. Such communications or material shall be used for any purpose, including, but not limited to, reproduction, disclosure, transmission, publication, broadcast and posting. Furthermore, DMCA is free to use any ideas, concepts, know-how or techniques contained in any communication you send to this website for any purpose whatsoever, including, but not limited to, developing and marketing products using such information.


This website is not directed to individuals under the age of thirteen (13). DMCA does not intentionally collect information through this website from those individuals who DMCA knows are under 13, and DMCA requests that these individuals do not provide personal information through the website.


These Terms of Use shall be governed by and construed in accordance with the laws of the state of [Pennsylvania], without regard to conflicts of laws provisions. Sole and exclusive jurisdiction for any action or proceeding arising out of or related to these Terms of Use shall be in an appropriate state or federal court located in the State of [Pennsylvania] and the parties unconditionally waive their respective rights to a jury trial. Any cause of action you may have with respect to your use of this website must be commenced within one (1) year after the claim or cause of action arises. 


If for any reason a court of competent jurisdiction finds any provision of these Terms of Use, or a portion thereof, to be unenforceable, that provision shall be enforced to the maximum extent permissible so as to affect the intent of these Terms of Use, and the remainder of these Terms of Use shall continue in full force and effect. 


These Terms of Use constitute the entire agreement between DMCA and you with respect to this site and it supersedes all prior or contemporaneous communications, agreements and understandings between DMCA and you with respect to the subject matter hereof. A printed version of these Terms of Use shall be admissible in judicial or administrative proceedings.

Effective as of August 6, 2020