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Fund & Organizational Update

Jarrod Dean, CFA / August 3, 2026

Performance Update In the four months following its public launch (Dec 2025 – March 2026), Alpenglow Total Return (ATR) delivered […]

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30x Your Money in 30 days – The Access Arbitrage is Real…

Jarrod Dean, CFA / April 20, 2026

The best growth opportunities are staying private through the steepest part of their growth curve, while public investors get proxies and pay a premium for them.

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The Case for Private Markets

Jarrod Dean, CFA / February 27, 2026

As traditional public-market portfolio tailwinds reverse and much of the growth engine migrates out of reach, discover why private market inclusion has become an investment imperative.

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The Great Inflection

Jarrod Dean, CFA / February 13, 2026

As the speed of AI development explodes and model capabilities expand, access to private growth tech is an investment imperative.

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This mailing list is for educational and informational content purposes only. Subscription does not constitute a request for investment advisory services or information about investment opportunities. Interests in Alpenglow Total Return LP are available only to accredited investors as defined under Rule 501(a) of Regulation D of the Securities Act of 1933.

1. General Information
This website and its contents have been prepared by Alpenglow Private Capital LLC ("Alpenglow Capital" or the "Firm") for informational purposes only and are intended solely for the use of the individual or entity accessing this site. This website and its contents are confidential and may not be reproduced, distributed, or transmitted, in whole or in part, to any other person without the prior written consent of Alpenglow Capital.

2. Not an Offer or Solicitation
This website does not constitute an offer to sell or the solicitation of an offer to buy any securities, investment products, or investment advisory services. Any such offer or solicitation may only be made pursuant to a definitive Confidential Private Placement Memorandum ("PPM") and the Second Amended and Restated Limited Partnership Agreement of Alpenglow Total Return, LP (the "Partnership Agreement"), each as may be amended or supplemented from time to time, and only in jurisdictions where such offer or solicitation is permitted by applicable law.

3. Exempt Reporting Adviser Status
Alpenglow Private Capital LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission ("SEC") under the Investment Advisers Act of 1940, as amended (the "Advisers Act"). The Firm has filed as an Exempt Reporting Adviser ("ERA") with the State of Nevada under the private fund adviser exemption pursuant to Section 203(m) of the Advisers Act. The Firm's Form ADV is available at www.adviserinfo.sec.gov (CRD No. 342824). Registration with a regulatory authority does not imply a certain level of skill or training.

4. Unregistered Securities
The interests (the "Interests") in Alpenglow Total Return, LP (the "Partnership") have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), the Investment Company Act of 1940, as amended (the "Investment Company Act"), or the securities laws of any state or other jurisdiction. The Partnership is offered in reliance upon exemptions from registration under applicable federal and state securities laws. The Interests may not be offered, sold, transferred, or otherwise disposed of except in compliance with the requirements of applicable federal and state securities laws.

5. Qualified and Eligible Investors Only
The securities and investment advisory services described or referenced herein, if any, are available only to a limited number of sophisticated investors who meet certain eligibility requirements, including qualification as "accredited investors" as defined under Rule 501(a) of Regulation D promulgated under the Securities Act of 1933 and/or "qualified clients" as defined under Rule 205-3 of the Advisers Act. This website may not be relied upon by any person who does not meet such eligibility requirements.

6. Risk of Loss
An investment in the Partnership involves a high degree of risk, including the risk of loss of the entire amount invested. The Partnership's investment program is speculative in nature and employs strategies that may include, without limitation, investments in public and private markets, alternative assets, and other instruments that may be illiquid or subject to significant valuation uncertainty. Past performance is not indicative of future results. There is no guarantee that the Partnership's investment objectives will be achieved or that investors will receive a return of their capital.

7. No Regulatory Approval
Neither the SEC nor any state securities commission or regulatory authority has approved or disapproved the Interests, passed upon the accuracy or adequacy of this website, or made any recommendation as to whether any person should invest in the Partnership. Any representation to the contrary is unlawful.

8. Forward-Looking Statements
Certain statements contained on this website may constitute "forward-looking statements," which involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied. Forward-looking statements are based on current expectations and assumptions that are subject to change. Alpenglow Capital undertakes no obligation to update any forward-looking statements.

9. No Tax, Legal, or Investment Advice
Nothing contained on this website constitutes constitutes tax, legal, insurance, or investment advice. Prospective investors are urged to consult with their own independent legal, tax, and financial advisors regarding the suitability of an investment in the Partnership in light of their particular circumstances.

10. Confidentiality
By accessing this website, the visitor agrees to maintain the confidentiality of the information contained on this website and to use such information solely for the purpose of evaluating a potential investment in the Partnership.

11. ERISA and IRA Investors
In connection with investors in pension and retirement plans governed by the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), or individual retirement accounts ("IRAs"), Alpenglow Capital does not act or represent that it is acting in a fiduciary capacity to such investors and does not provide impartial "investment advice" or a recommendation that an investment in the Partnership is suitable, advisable, or appropriate for such investors.

12. CFTC Exemption
While the Partnership may trade commodity futures, options on futures, or financial futures, the General Partner is exempt from registration with the U.S. Commodity Futures Trading Commission ("CFTC") as a commodity pool operator ("CPO") pursuant to CFTC Regulation 4.13(a)(3). Therefore, unlike a registered CPO, the General Partner is not required to deliver a CFTC Disclosure Document to prospective investors.

13. Governing Law
This website is subject to the laws of the State of Nevada and applicable federal laws and regulations of the United States of America. Any disputes arising in connection with use of this website shall be resolved in accordance with applicable law.

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