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Morrison Street Debt Opportunities Fund, LP

Beginning in November 2015, Morrison Street Capital began investing on behalf of Morrison Street Debt Opportunities Fund. MSDO targets office, industrial, retail, multi-family and hotel assets, making debt investments nationwide. MSDO has $200 million of capital commitments and is expected to fully invest by March 2018. The Fund's investments include preferred equity, mezzanine loans, and B Notes.

This summary is neither an offer to sell nor a solicitation to buy any securities. Any such offers and solicitations may be made only pursuant to a private placement memorandum for each fund.

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