The Unicorn Macro Fund, LP will be in the Incubation Period from its launch until the time it has obtained all the licenses and registrations required by the Security Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). During this period, Unicorn Capital Partners, LLC will not charge any fees and the Fund will operate under the exemptions provided by all the regulatory agencies. The most restrictive exemption is the CFTC Regulation 4.13(a)(3) exempting the Fund from registering as a Commodity Pool Operator (CPO) by limiting the gross capital contributions to $400,000 and limiting participants in the Fund to 15 accredited investors.