Introduction and Applicability
These Investor Terms and Conditions ("ITC") govern the legal relationship between Paligan c/o Weiss Group LLC ("Paligan") and any individual or legal entity ("Investor") engaging with Paligan in connection with investment opportunities. By accessing or participating in investment activities presented by Paligan, the Investor agrees to be legally bound by these terms, as well as the overarching General Terms and Conditions ("GTC").
These ITC are intended to clarify the nature of Paligan’s services, define the obligations of Investors, and promote responsible conduct in line with professional private markets standards.
Scope of Services
Paligan provides professional investors with discretionary access to selected private market investment opportunities. These opportunities may involve venture capital, private equity, or other direct investments, and may be structured via special purpose vehicles (SPVs), convertible loans, or direct equity participation.
As part of its service offering, Paligan may provide:
Initial investment memos, summaries, or fact sheets;
Access to deal documentation and data rooms;
Coordination of the investment process, including liaising with legal and financial advisors;
Post-investment updates and communication regarding portfolio developments.
Paligan does not guarantee that every engagement will result in an available investment or a completed transaction.
Investor Eligibility
Investors must qualify as professional clients or qualified investors within the meaning of applicable Swiss financial regulations. Paligan reserves the right to request proof of such status prior to allowing access to any deal or investment structure.
Paligan is not a supervised financial intermediary and does not offer its services to retail clients or the general public.
Fees and Compensation
Paligan may charge fees in connection with its services, including but not limited to:
Structuring or placement fees (typically embedded in deal terms);
Administrative or coordination fees for SPV participation;
Success-based performance fees (e.g., carried interest, if applicable).
Any applicable fees will be clearly disclosed in the relevant investment documentation or subscription materials. Investors must review and accept such terms prior to participation.
Confidentiality and Use of Information
All information shared with the Investor by Paligan, including investment memos, financial data, valuation models, or business plans, is strictly confidential. The Investor agrees not to disclose any such information to third parties, nor to use it for any purpose other than evaluating potential investment opportunities via Paligan.
This obligation remains in effect indefinitely, unless the information:
Becomes public through no fault of the Investor;
Was known to the Investor prior to disclosure;
Is required to be disclosed by law or judicial order (in which case Paligan shall be notified in advance, where legally permissible).
Conduct and Non-Circumvention
To preserve the integrity of Paligan’s platform and relationships, the Investor agrees:
Not to engage directly with any Candidate, Portfolio Company, or investment target introduced by Paligan, without Paligan’s prior written consent;
Not to solicit, bypass, or circumvent Paligan in relation to any deal flow, contacts, or opportunities originated or presented by Paligan;
To act in good faith, and to refrain from any conduct that could impair Paligan’s commercial position, reputation, or rights.
Violation of this clause may result in immediate termination of the relationship and legal recourse.
Investment Risk Acknowledgment
The Investor understands and accepts that:
Investments in private markets are inherently risky and illiquid;
No assurance of return, liquidity, or performance is provided;
Past results do not guarantee future success;
Each Investor is solely responsible for assessing suitability and risks.
Paligan does not provide investment advice or financial advisory services under these ITC. All investment decisions are made at the Investor’s sole discretion and risk.
Limitation of Liability
Paligan shall not be liable for any loss or damage arising from:
The performance (or lack thereof) of any investment;
Delays or failures in deal execution caused by third parties;
Reliance on information provided in good faith but originating from external sources.
Paligan’s liability is excluded to the fullest extent permitted by law, except in cases of gross negligence or willful misconduct.
Governing Law and Jurisdiction
These ITC are governed exclusively by the laws of Switzerland. The place of jurisdiction for any dispute arising from or in connection with these terms shall be the courts of Zurich, Switzerland.
Amendments
Paligan reserves the right to amend these ITC at any time. Any such amendments will be communicated via email or published on Paligan’s website. Continued engagement following any amendment shall constitute acceptance of the revised terms.
Relationship to Other Policies
These ITC are to be read in conjunction with the General Terms and Conditions (GTC), the Privacy Policy, and the Disclosure & Conflict of Interest Policy. In the event of inconsistency, these ITC shall prevail for matters specific to Investors.