This blog post is not an advertisement nor an offer to sell nor a solicitation of an offer to invest in any entity or other investment vehicle and has been published for informational and market commentary purposes.  The information herein is not intended to be used as a guide to investing or as a source of any specific investment recommendation, and it makes no implied or express recommendation concerning the suitability of an investment for any particular investor.  Neither Point72 Private Investments, LLC nor any of its affiliates (collectively, “Point72”) accepts any liability for such information’s fairness, correctness, accuracy, reasonableness or completeness—no reliance should be placed on this document or the information contained herein.  Point72 is under no obligation to update this document or to otherwise notify a reader if any matter stated statement or information contained here changes or subsequently is shown to be inaccurate. The opinions, projections and other forward-looking statements are based on assumptions that the authors’ believe to be reasonable but are subject to a wide range of risks and uncertainties, and, therefore, actual outcomes and future events may differ materially from those expressed or implied by such statements.  Investment strategies, such as those discussed herein, contain inherent risks and limitations, including that such investments may be subject to unfavorable competitive dynamics or that the methods described herein may not be successful in achieving investment objectives. All investments carry a risk of loss.