Partnership: Sweetvale Primer, L.P. is a limited partnership. 

Investment Objectives:

The Partnership's investment object is to achieve above average capital appreciation with a low correlation to the S&P 500 and NASDAQ 100 Indexes. It invests aggressively in both long and short positions, primarily in equity

securities traded in the U.S. markets and in options on such securities. The Partnership may also use margin borrowings to leverage its returns. At any time, the Partnership may be fully invested and may be 100%(or more) net long or as much as 100% net short. Portfolio turnover rates may vary from year to year and at different times during the same year and will be relatively high.

The General Partner's investment process is opportunistic and concentrates on achieving maximum appreciation through active and aggressive trading strategies. The General Partner attempts to limit the volatility of the Partnership's portfolio by diversification among issuers and industry sectors, and by option investments. However, the Partnership's portfolio will be subject to fluctuations in

value. Investment in the Partnership therefore involves substantial risk and may be considered speculative.

Investment Strategy:

The General Partner uses proprietary technologies to screen technical factors of more than 10,000 equity securities daily for potential investments. These technical factors include the measure of returns on invested capital, balance sheet quality,

technical analysis, and relative valuation levels. Potential investments which trade at a discount based on the General Partner's equity valuation model are then analyzed further for more subjective and judgmental factors, such as sustainable growth, quality business model, superior management, and a company or industry-wide catalyst that will move the underlying stock price of an option up within 1-3 months. Additional technical factors, such as price volatility and market money flows, are considered to determine the appropriate time for investment in a security or in writing options. The trading model may be enhanced through long and short positions in equity securities, traded in U.S. markets.

Required:

(i) Describe five (5) of the main sources of returns for this particular Partnership from taking both long and short positions in equities.

(ii) There are some key roles that would be outlined in the Private Placement Memorandum. Provide a detailed description of the roles play by Specific Hedge Fund Administrator, the Prime Broker and Firmvest Investment Advisors, LLC.

(iii) Reference is made in the Summary of the Private Placement Memorandum to General Partner and Limited Partner. Compare and contrast the investment in the Partnership by the General Partner and the Limited Partners.

(iv) Investment in the Partnership would normally involve significant risk factors. Describe five (5) of the key risks which are expected to be encountered from investing in this Partnership.