Website Terms of Use

Version: April 22, 2025. Replaces all prior versions.

1. Introduction

These Terms of Use (“Terms”) govern your access to and use of the website operated by Anneal Investment Management LLC and its affiliates (“Anneal”). By accessing or using this website (the “Website”), you agree to be bound by these Terms, including our disclaimers and choice of New York law. If you do not agree, do not use the Website.

The Website is intended solely for U.S. residents aged 18 or older. If you are under 18 or located outside the U.S., you may not use the Website.

Anneal may update these Terms at any time without notice. Your continued use of the Website after any updates constitutes your acceptance of the revised Terms.

We may suspend, restrict, or terminate your access to the Website at any time, without notice or liability, for any reason, including violation of these Terms. Anneal may suspend, restrict, or terminate your access to the Website at any time, without notice or liability, for any reason, including violation of these Terms. You acknowledge that you have no ownership or proprietary rights in the Website or its content.

These Terms govern your use of the Website only. They do not modify or supersede any other agreements you may have with Anneal relating to investment products or services.

2. Ownership and Limited License

All content on this Website—including text, graphics, logos, software, and trademarks—is owned or licensed by Anneal and protected by intellectual property laws. No content may be copied, reproduced, or used without our prior written permission, except for limited personal, non-commercial viewing.

Anneal grants you a limited, nonexclusive license to access and use the Website for informational purposes only. This license does not permit resale, commercial use, or modification of the Website or its contents.

Any information you submit through the Website becomes Anneal’s property, subject to our Privacy Policy. Your use of the Website does not grant you any title, interest, or rights in the Website or its content.

3. Usage Parameters

Prohibited Conduct

You agree not to use the Website to:

  • Violate any law or regulation;
  • Harass, defame, abuse, or threaten others;
  • Upload harmful code or interfere with site functionality;
  • Collect or store personal data about others;
  • Infringe third-party intellectual property or privacy rights;
  • Transmit unauthorized advertising or solicitations;
  • Overload, damage, or impair any Anneal server or network; or
  • Compete with Anneal or misuse the Website for commercial gain.

Access Method Restrictions

You may only access the Website using standard browsers and interfaces. You may not use robots, spiders, scrapers, or other automated tools to extract data without Anneal’s prior written consent. You are responsible for maintaining up-to-date software and ensuring that your access method does not interfere with the site’s functionality.

Monitoring and Enforcement

Anneal reserves the right (but has no obligation) to monitor use of the Website and communications sent through it and may remove or restrict access at its discretion. Any data collected through such monitoring will be handled in accordance with our Privacy Policy. You waive any claim relating to our monitoring or enforcement practices.

Unsolicited Submissions

Anneal does not accept or consider unsolicited ideas, materials, or proposals, including for investment strategies, products, marketing, or technologies. If you submit any such content to us, you agree that Anneal may use it freely without compensation, attribution, or restriction, and that it will be treated as non-confidential and non-proprietary.

4. No Offer or Advice

The content on this Website is for general informational purposes only and does not constitute an offer to sell or a solicitation to buy any securities, futures, or investment products. Any such offering can only be made through formal offering materials and only where lawful, and only to investors who meet applicable eligibility criteria.

Access to information about Anneal’s investment funds or advisory services is restricted to investors who meet the required level of sophistication and suitability, including but not limited to being an “accredited investor,” “qualified client,” “qualified eligible person,” or “qualified purchaser” under applicable U.S. securities laws.

Nothing on this Website constitutes investment, legal, tax, or other professional advice, nor should any content be relied upon to make investment or other decisions. You should consult your own advisors before making any decisions based on the content of this Website.

This Website may contain forward-looking statements based on current expectations and projections. These statements involve risks and uncertainties, and actual results may differ materially. Anneal undertakes no obligation to update any forward-looking statements.

5. Password-Protected Areas

Certain areas of this Website are password-protected and may only be accessed by authorized users, such as current or prospective investors who have been granted access by Anneal or its representatives.

By accessing these areas, you acknowledge and agree that:

  • Past performance is not indicative of future results.
  • You may not attempt to gain unauthorized access or share your credentials.
  • You are responsible for maintaining the confidentiality of your password and for all activity that occurs under your account.

You agree to provide accurate and complete information during any registration process and to promptly update it if it changes. If you become aware of any unauthorized use of your account or password, you must notify Anneal immediately. Anneal is not responsible for any losses arising from unauthorized use of your credentials.

6. Privacy Policy

Your use of this Website is also subject to Anneal’s Privacy Policy, which explains how we collect, use, and protect personal information. By using the Website, you consent to the practices described in the Privacy Policy.

7. No Reliance

The information on this Website is provided for general informational purposes only and may be changed or removed at any time without notice. While Anneal aims to keep the content current and accurate, we make no guarantees regarding its completeness, reliability, or timeliness.

You agree not to rely on any Website content as a substitute for your own due diligence or professional advice. Access to this Website does not create any client, advisory, or fiduciary relationship between you and Anneal.

8. Full Context Required

All materials on this Website are intended to be reviewed in their entirety, including any footnotes, disclosures, hedge clauses, and copyright notices. Disclaimers and qualifications apply to any partial excerpt just as they do to the full document.

Do not rely on any excerpted, quoted, or partial content without reviewing the complete material, as context may be essential to understanding its meaning and limitations.

9. Third-Party Links

This Website may include links to third-party websites for your convenience. Anneal does not control or endorse, and is not responsible for, the content, policies, or practices of any third-party sites. Accessing any such site is at your own risk.

Anneal disclaims all liability related to the products, services, or information found on or through any external websites.

10. No Offer of Employment

Nothing on this Website constitutes an offer or promise of employment. Any descriptions of roles or opportunities are for informational purposes only and may be changed or removed at any time without notice.

Any employment offer that may arise from your submission of information will be subject to the specific terms of that offer, not the content of this Website.

11. No Warranty

This Website and all information contained on or available through it are provided “as is” and “as available,” without any warranties of any kind—express or implied.

Anneal makes no representations or warranties regarding the accuracy, completeness, reliability, timeliness, or availability of the Website or its content. To the fullest extent permitted by law, we disclaim all warranties, including implied warranties of merchantability, fitness for a particular purpose, title, non-infringement, and error-free or uninterrupted operation.

You are solely responsible for protecting your systems from viruses or other harmful code. Anneal is not liable for any damage to your computer or data resulting from use of the Website.

12. Limitation of Liability and Indemnification

To the fullest extent permitted by law, Anneal and its officers, directors, members, employees, and agents shall not be liable for any damages—including direct, indirect, incidental, special, punitive, or consequential damages—arising from or related to your use of this Website, even if advised of the possibility of such damages.

This includes, without limitation, any loss of data, revenue, profits, or goodwill; errors, omissions, or interruptions in service; and unauthorized access to or use of the Website.

If any part of this limitation is found to be unenforceable, Anneal’s total liability to you for all claims related to your use of the Website shall not exceed $50.

You agree to indemnify and hold harmless Anneal and its affiliates, officers, directors, employees, and agents from any claim, liability, loss, or expense (including attorneys’ fees) arising out of your violation of these Terms or your misuse of the Website.

13. Accessibility

Anneal is committed to making our website accessible to all users, including individuals with disabilities. If you have trouble accessing any part of our site or need information in a different format, please contact us at privacypolicy@anneal.co, and we will make reasonable efforts to assist you.

14. General Terms

These Terms are governed by the laws of the State of New York, without regard to conflict of law rules. You consent to exclusive jurisdiction and venue in the state or federal courts located in New York County, New York, and appoint the Secretary of State of New York as your agent for service of process.

You agree that any disputes will be resolved individually, without resort to any form of class action.

Anneal is not liable for any delay or failure to perform resulting from causes beyond its reasonable control, including natural disasters, war, terrorism, labor conditions, or governmental actions.

If any part of these Terms is found to be invalid or unenforceable, that portion will be modified to the extent necessary to be valid, and the rest of the Terms will remain in full force and effect.

Anneal’s failure to enforce any provision shall not constitute a waiver of that provision or any others.

15. Contact Us

For questions regarding these Terms, please email us at privacypolicy@anneal.co.