FAIRWOOD CAPITAL REAL ESTATE FUND, LP  

NOTICE REGARDING PRIVACY OF FINANCIAL INFORMATION  

Pursuant to the Gramm-Leach-Bliley Act, Public Law No. 106-102, and the rule issued by the  Federal Trade Commission regarding the Privacy of Consumer Financial Information, 16 C.F.R.  Part 313, institutions that provide certain financial products or services to individuals to be used  for personal, family, or household purposes are required to provide written notices to their  customers regarding disclosure of nonpublic personal information. This notice is being provided  to you to comply with this requirement.  

We understand that it is our obligation to maintain the confidentiality of information with regard  to our investors. As a consequence, we do not disclose any nonpublic personal information  about our investors or former investors to anyone other than our affiliates and service providers,  except as permitted by law. Furthermore, consistent with industry practice we will continue to  distribute certain personally-identifiable financial information, such as the schedule of investors  to the fund agreement and capital account information, to all investors in each specific fund, to  any regulatory authority having jurisdiction over us or any of our funds; or in connection with  any litigation or other dispute or otherwise as necessary or appropriate to enforce the terms of  our agreements with you.  

In order to accurately and efficiently conduct the fund’s investment program, we must collect  and maintain certain non-public information about you and the fund’s other investors. We  collect, and may disclose to our affiliates and service providers (e.g., our attorneys, accountants  and entities that assist us with the distribution of stock to our investors) on a “need to know”  basis, certain nonpublic personal information about you from the following sources:  

∙ Information we receive from you as set forth in your subscription agreement, investor  questionnaire or similar forms, such as your name, address and social security or tax  identification number; and  

∙ Information about your transactions with us, our affiliates and service providers, or others,  such as your participation in each of our funds such as your capital account balance,  contributions and distributions and, in the case of an investor that is an individual retirement  account, information with regard to such account.  

We restrict access to nonpublic personal information about you to those employees who need to  know that information to provide services to the fund and its investors. We maintain physical,  electronic and procedural safeguards to guard your nonpublic personal information. In addition,  we will continue to assess new technology for protecting information with regard to our  investors. If we have your consent, we may also share your personal information with entities  other than our affiliates and service providers.  

We will provide notice of our privacy policy annually, as long as you maintain an investment  with us. This policy may change from time to time, but you can always review our current  policy by contacting us for a copy. 

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