Senior Living Fund

[CJ Wallace]

Hello,

Has anyone ever invested in Senior Living Fund I would like to and I just want to get some more information on this company. Thanks in advance guys. I am doing my homework as well and am tempted to jump.

[Nikos Michalakis]

Hello,

I have actually invested in SLF I after doing my due diligence. If it helps, the way I went about it was the following:

0. I was researching the space and run into their website from google searching.

1. Emailed them to get their documents. Initially their PPM and after reading it I asked for the Underwriting process doc, The Operating agreement and Subscription agreement which had more details and legal bindings.

2. I reviewed the docs together with a friend/advisor who had more experience than me in private equity investments.

3. I went through 4-5 rounds of questions about all I had read directly to the fund manager, Dan Brewer (I believe he is a BP member). This probably lasted 2 weeks. Depending on the complexity of the questions he'd either email me straight back or call me on the phone.

4. I asked for references and Dan gave me two names of people who'd invested with him in the past. I talked to one of them over the phone and heard their story and whether they trusted Dan and how he treated them. I had a detailed enough conversation that I didn't pursue the 2nd reference.

5. From steps 2, 3 and 4 I got satisfactory answers that addressed my concerns.

6. Dan Brewer was planning a visit to the Bay Area where I live and even though I had made up my mind to invest at that point and was done with paperwork, it didn't hurt that we met in person. We went over the details of how he runs his organization, what his investment vision is for the future regarding the senior living space etc.

My advise is if you read the paperwork and you're serious about investing, try to schedule a time to talk to Dan over the phone and raise any concerns you might have.

Hope this helps,

Nikos