Privateopps News On Changes to Unit Redemption process

Privateopps is grwoing, see news:

PrivateOpps is growing rapidly (over 5,500 members as of early March) and becoming ever more popular. We currently handle over a thousand transactions per day (Unit purchases, redemptions, deposits, and withdrawals) and continue to hire more staff and add various technological advancements to help handle the increasing work load. This also requires us to make changes to the program from time to time to ensure the longevity and stablility of our program.

Beginning today, Redemption orders will be processed within 6 business days (replacing the current "12 hours or less" policy).

This change became necessary in order to significantly reduce the private clubs' overhead and allow for sufficient time to efficiently take funds out of the market and ensure their availability for fulfillment of future withdrawal requests.

This will undoubtly increase the productivity and efficiency of all private clubs. Moving forward, they will be able to maintain better money management practices, as the new policy provides a clear outlook over the amounts to be withdrawn from the markets almost a week in advance.

Please note that our Participant Agreement has been modified accordingly (Section 6.2 now reads "within 6 business days" instead of "within 12 hours or less") and made effective immediately.

This is one of several upcoming improvements slated to be introduced later this month. PrivateOpps continues to provide its members with a state-of-the-art investing platform that is second to none, and is growing stronger each day.