This web site is neither an offer to sell nor a solicitation of any offer to buy any securities of The Carpenter’s Fund, L.P. (the “Fund”). Any offering is made only pursuant to the private placement memorandum of the Fund and the relevant subscription documents, all of which must be read in their entirety. No offer to purchase securities will be made or accepted prior to receipt by the offeree of such documents and the satisfactory completion of all appropriate documentation. Past performance of the Pilot Fund or its management is no guarantee as to the Fund’s performance in the future. This web site is not an advertisement.