By accessing this web site and any materials presented herein (the “Site”), you accept in their entirety the following terms and conditions pertaining to the use of the Site. Charleston Capital Management, LLC and its affiliates (collectively “Charleston Capital”) reserves the right to change the terms, conditions and notices under which this Site is offered without notice at any time. Each use of the Site constitutes your agreement to be bound by the then-current terms and conditions set forth in these Terms of Use.


1. Limited License to Use the Site

Except as specifically permitted below, nothing contained in these Terms of Use or the Site itself either grant or will be construed to grant to you or any third party any title or interest in, or any license or right to use or reproduce, any image, text, software, code, trademark, logo or service mark contained in the Site, including without limitation the name or logo of Charleston Capital or any of its affiliates. Charleston Capital reserves, and will enforce to the fullest extent possible, all rights that it may have with respect to copyright and trademark ownership of all material contained in the Site.

Charleston Capital grants you a limited, nonexclusive license to display and otherwise use portions of the Site solely for your own private, non-commercial informational purposes only, and to print pages from the Site only in connection with that use. You may not modify, distribute, transmit, perform, reproduce, publish, license, create derivative works from, transfer or sell any text, graphics, logos and other source-identifying symbols, designs, icons, images, or other information, software or code obtained from the Site.

2. No Offer of Employment

The Site does not constitute an offer or promise of employment with respect to any employment position described on this Site. Without notice, Charleston Capital may eliminate, modify or change any aspects of any employment described on the Site. This Site does not provide binding employment offers or any terms or conditions of employment. Any employment offer that may ensue as a result of your submission of information to Charleston Capital shall be solely in accordance with the specific terms of such employment offer, not the terms of the Site.

3. No Offer of Securities

Under no circumstances should any material at the Site be used or considered as an offer to sell or a solicitation of an offer to buy any interest in any investment fund sponsored or managed by Charleston Capital's affiliates. Any such offer or solicitation can and will be made only by means of the Private Placement Memorandum of each such investment fund, only in jurisdictions in which such an offer would be lawful and only to individuals who meet the investor suitability and sophistication requirements of each such investment fund, including qualifying as accredited and/or qualified investors within the meaning of the Securities Act of 1933, as amended. Access to information about the investment funds is similarly limited to individuals who meet the applicable investor suitability and sophistication requirements.

4. Privacy Policy

The personal information you provide to Charleston Capital when applying for a position (e.g., résumés, standardized test scores, etc.) will be processed by Charleston Capital exclusively for recruiting and employment purposes (recording, examination, assessment, selection, conclusion of an employment offer, storage in our recruitment database for a possible future offer of employment, etc.). Except to the extent necessary in connection with accommodations requested as part of the application or employment process, please do not provide sensitive data, as may be defined by your country’s laws (e.g., personal information regarding sexual orientation, race, ethnic origin, religion, health or disability).

The personal information collected for recruiting purposes will be transferred to Charleston Capital's headquarters located in Charleston, South Carolina. 

Only Charleston Capital will have access to your personal information. Charleston Capital will not disclose your personal information to third parties purposes other than recruitment, without your prior consent, except as may be required by law (such as a subpoena, search warrant or other court order, or pursuant to the order of any regulatory body having jurisdiction over Charleston Capital) or to protect the integrity of the Site.

If you would like to access, correct, update or delete your personal information, you may contact Charleston Capital Management, LLC by sending an email to or by writing to Charleston Capital Management, LLC, 259 Seven Farms Drive, Suite 301A, Charleston, SC 29492, Attention: Recruiting.

In general, Charleston Capital's business practices limit access to personal information obtained through your use of the Site to those personnel who need to know such information to conduct Charleston Capital's operations. Charleston Capital maintains physical, electronic and procedural safeguards designed to protect such information from unauthorized access or use. Charleston Capital will use personal information obtained through your use of the Site only in accordance with the privacy policy in effect at the time such information was provided.

By sending your personal information to apply for a position in our company, you give your consent to the processing of your personal information in the above manner. In addition, you affirm that all information contained within your submission is accurate and that you have the right to provide us with any and all information that you submit.

If you do not consent to the terms of this Privacy Policy, please do not use the Site, and, if you have provided personal identifying data, please contact Charleston Capital about how you would like Charleston Capital to handle such data.

5. Links to Third Party Web Sites

Charleston Capital has not reviewed any of the web sites that may be linked to the Site, and is not responsible for their content. Charleston Capital is not responsible for the privacy practices of such other web sites. Your linking to or use of any off-site pages or other web sites is at your own risk. Charleston Capital's inclusion of links to other web sites does not imply any endorsement of the material located on or linked to by such web sites.

6. No Warranty

Charleston Capital, and its respective officers, directors, principals, agents and employees make no representations or warranties, express or implied, regarding the accuracy, reliability, completeness, suitability or other characteristics of the information and materials contained on or presented through the site. Any content of the site is subject to change without notice. all such information and materials are provided “as is”, without any warranty of any kind. Charleston Capital hereby further disclaims all warranties and conditions with regard to such information and materials, including all implied warranties and conditions of merchantability, fitness for a particular purpose, title, non-infringement and availability.

7. Limitation of Liability

In no event shall Charleston Capital, and its respective officers, directors, principals, agents and employees be liable for any claims, liabilities, losses, costs or damages, including direct, indirect, punitive, incidental, special or consequential damages, arising out of or in any way connected with (i) the use of or inability to use the site or with any delay in using the site, or (ii) any information and materials obtained through the site, or (iii) otherwise arising out of the use of the site; in any case whether based on theories arising in contract, tort, strict liability or otherwise. Such limitations apply even if Charleston Capital or any of its respective officers, directors, principals, agents or employees have been advised of the possibility of damages.

8. General

These Terms of Use are governed by the internal laws of the State of South Carolina, without reference to their conflicts of laws provisions. You consent to the jurisdiction of, and venue shall lie in, any federal or state court located in Charleston County, South Carolina, U.S.A., as the exclusive jurisdiction and venue for the adjudication of all disputes arising out of or relating to the use of the Site.

Except with regard to requests pertaining to personal information (which address is provided in Section 4 above) any notice to Charleston Capital shall be given in writing and sent by registered mail to Charleston Capital Management, LLC, 259 Seven Farms Drive, Suite 301A, Charleston, SC 29492, Attention: General Counsel.

If any provision of these Terms of Use is held to be invalid or unenforceable in any jurisdiction, such provision shall be deemed modified to the minimum extent necessary so that such provision shall no longer be held to be invalid or unenforceable, and these Terms of Use shall be interpreted so as to achieve the intent expressed herein to the greatest extent possible in the jurisdiction in question. Any such modification, invalidity or unenforceability shall be strictly limited both to such provision and to such jurisdiction.

“Charleston Capital” and related marks, images and symbols are the exclusive properties of Charleston Capital Management, LLC. “Charleston Capital” and the Charleston Capital logo are trademarks of Charleston Capital Management, LLC and are registered or are pending registration in the United States and several other jurisdictions.

9. Disclosures

This document and the information contained herein is not and must not be construed as an offer to sell securities and is qualified in its entirety by the fund’s private placement offering memorandum. This document is for information purposes only and does not represent an offer or solicitation to purchase securities of any kind. While the fund has taken reasonable efforts to ensure the correctness of the information contained herein, the fund and its manager make no representations or warranties as to the accuracy or completeness of such information.  Nothing contained herein is, or should be relied on as, a promise, representation or prediction as to the future performance of the fund.

An investment in the fund is highly speculative and involves a significant degree of risk. The fund is newly formed as of March 2016 and accordingly has a very limited history of performance. Only persons who can afford to lose their entire investment should consider an investment in the fund. Past performance of the investment professionals associated with Charleston Capital Management should not be construed as an indicator of future performance. The investment portfolio of Drift Credit Opportunities Fund, LP consists of illiquid assets and investors may be subject to lengthy redemption terms. Risk management procedures and process employed by the fund may not be successful in preventing, limiting or identifying any form of loss.

Individual investor returns may vary based on date of investment and any capital additions or withdrawals. This chart assumes a $1,000,000 investment was made at the inception of the fund, no additions or withdrawals of capital are made, and the accumulated capital balance reflects the full deduction of all applicable fees over the time period shown for an inception date fund investor.

Important risk disclosure: an investment in the interests offered by the partnership should be viewed as a non-liquid investment and involves a high degree of risk. There is no public market for the interests nor is any expected to develop. Due to the nature of the partnership’s investment strategy the portfolio may be affected by, among other things, regulatory changes impacting the marketplace lending industry and the merchant cash advances business in particular, lack of potential Forward Purchase Agreements (FPAs) to invest in and poor economic conditions in the regions in which the instruments are originated.

The partnership’s investment program entails substantial risks and there can be no assurance that its investment objectives will be achieved, and investment results may vary substantially over time and from period to period. An investment in the partnership involves significant risks not associated with other investment vehicles and is suitable only for persons of adequate financial means who have no need for liquidity in this investment.

In addition to general market risk, risk factors relating to FPAs also apply to loans the partnership may invest in. These risks include risk of seller default, false information supplied by sellers, seller Merchant Cash Advances (MCAs) are unsecured obligations of sellers, inaccurate credit information, credit ratings do not predict future defaults, use of MCA originators to default, exclusive right of MCA originators to investigate identity theft claims, limited historical performance data, increase in loss rates, no restriction of incurrence of additional debt, internet lending is a new lending method, debtor relief under bankruptcy law, structured finance securities, investments in distressed securities, options and other derivative instruments.

Accredited Investor: In the United States, to be considered an accredited investor, one must have a net worth of at least $1,000,000, excluding the value of one's primary residence, or have income at least $200,000 each year for the last two years (or $300,000 combined income if married) and have the expectation to make the same amount this year. The term "accredited investor" is defined in Rule 501 of Regulation D of the U.S. Securities and Exchange Commission.

Conventional sources of capital: these include small business loans, venture capital, angel investors, public or private grants.

Senior secured loan: a debt financing obligation issued by a bank or similar financial institution to a company or individual that holds legal claim to the borrower's assets above all other debt obligations.

Asset-backed loan: a business loan secured by collateral (assets). The asset-backed loan, or line of credit, is secured by inventory, accounts receivable, equipment, and/or other balance-sheet assets.

Loan security agreement: a document that provides a lender a security interest in a specified asset or property that is pledged as collateral. In the event that the borrower defaults, the pledged collateral can be seized and sold. A security agreement mitigates the default risk the lender faces.

Alternative commercial lending market: through the use of big data technologies and advanced algorithms to evaluate borrowers' creditworthiness, alternative commercial lenders make loans that traditional commercial lenders (banks, credit unions, etc.) Consider too small, difficult to service or outside their established lending guidelines.