Unicorn Capital Partners, LLC shall act on behalf of and in the name of the Unicorn Macro Fund, LP and without notice to the Limited Partners
§1.7;
- a. act as Investment Manager of the Fund and direct the formulation of investment and trading policies and strategies for the Fund;
- b. borrow or raise monies or utilize any other forms of leverage;
- c. open, maintain and close accounts with brokers, which power shall include the authority to issue all instructions
and authorizations to brokers regarding securities and money therein and to pay, or authorize the payment and reimbursement of, brokerage commissions;
- d. open, maintain and close bank accounts and authorize the drawing of checks or other orders for the payment of monies;
- e. engage one or more custodians, attorneys, independent accountants, consultants and any other persons that the Investment Manager deems necessary or advisable;
- f. bring or defend, pay, collect, compromise, arbitrate, resort to legal action, or otherwise adjust claims or demands of or against the Unicorn Macro Fund, LP;
- g. deposit, withdraw, invest, pay, retain and distribute the Unicorn Macro Fund, LP’s funds in a manner consistent with the provisions of this Agreement;
- h. accept or refuse new Subscriptions and/or Additions of capital to the Fund;
- i. return capital to the Limited Partner(s) in order to rebalance the AUM of the Fund;
- j. terminate the Fund and return its capital to the Limited partners.