/* Folclore landing — string dictionary.
   Languages: en · es · pt (Brasil) · fr · zh (Hans).
   The fund's proper name "Folclore Latin Fund I" and partner names are never translated. */

const PODCAST_URL = "https://www.titansofluxury.com";
const LOGIN_URL = "login.html";
const TERMS_URL = "Terms.html";

const TEAM_BIOS = {
  nick: {
    bio: "https://drive.google.com/file/d/1MWQqumeiNkuecSx9-_dB-lBYPBWNEIll/view?usp=sharing",
    linkedin: "https://www.linkedin.com/in/nicolaswalker/",
  },
  dolly: {
    bio: "https://drive.google.com/file/d/1VztiQE47AQOKUn-ugqUmZowUqutN14YC/view?usp=sharing",
    linkedin: "https://www.linkedin.com/in/dolly-moorhead-a12689b3/",
  },
  henrique: {
    bio: "https://drive.google.com/file/d/1uiUPE2PZ8ZZ1S5ya0nYcUVrRs3BDJnbl/view?usp=sharing",
    linkedin: "https://www.linkedin.com/in/henrique-lamim-cfa-95240040/",
  },
  camila: {
    bio: "https://drive.google.com/file/d/1jjsm1JJlxCo2uMOrLbfLu9tZyNEcATEb/view?usp=sharing",
    linkedin: "https://www.linkedin.com/in/camila-pierotti-6396711/",
  },
  denis: {
    linkedin: "https://www.linkedin.com/in/denisoflynnobrien/",
  },
  michele: {
    linkedin: "https://www.linkedin.com/in/michele-levy/",
  },
};

const I18N = {
  en: {
    name: "English", short: "EN", dir: "ltr",
    nav: { mission: "Mission", contact: "Contact", more: "More", team: "Team", podcast: "Podcast", login: "LP Login" },
    footer: { terms: "Terms & Conditions" },
    hero: {
      eyebrow: "Folclore Latin Fund I",
      headline: "Heritage, held to a higher standard.",
      cta: "Discover our mission",
      footnote: "New World Luxury · The Americas",
    },
    mission: {
      eyebrow: "Our Mission",
      body: [
        "At Folclore Latin Fund I, we pioneer transformative private equity investments across Latin America's most dynamic markets. Our deep regional expertise and cultural understanding enable us to identify exceptional opportunities where others see complexity.",
        "We partner with visionary entrepreneurs and established businesses, providing not just capital but strategic guidance to unlock unprecedented value. Our approach combines institutional rigor with local insight, creating sustainable growth that benefits all stakeholders.",
        "Through disciplined investment strategies and operational excellence, we build enduring enterprises that shape the future of Latin American commerce while delivering superior returns to our limited partners.",
      ],
      caption: "",
    },
    contact: {
      eyebrow: "Contact", heading: "Get in touch",
      note: "Available to qualified institutional investors and family offices.",
      offices: "New York · Rio de Janeiro · Zurich",
    },
    terms: {
      eyebrow: "Legal", title: "Terms & Conditions",
      updated: "Last updated: October 2026",
      placeholder: "Important. This website is published for general information only. It is not an offer to sell, or a solicitation of an offer to buy, any security or any interest in Folclore Latin Fund I or any other vehicle. It is directed only at qualified institutional investors and family offices. If that is not you, or if the laws of your jurisdiction do not permit you to receive this information, do not use this website and do not share it.",
      sections: [
        { heading: "1. The parties", body: "These Terms & Conditions (“Terms”) govern your access to and use of folclore.capital and the pages and materials made available through it, including any limited-partner data room (together, the “Site”). The Site is operated by Folclore Capital Partners (“Folclore,” “we,” or “us”). Where the context requires, references to Folclore include its affiliates and the investment vehicles they manage or advise, including Folclore Latin Fund I. “You” means the person accessing the Site and, if you do so for an organization, that organization." },
        { heading: "2. Acceptance", body: "By accessing the Site you agree to these Terms. If you do not agree, do not use the Site. We may update these Terms by posting a revised version and changing the date above. Continued use after an update is acceptance of the revised Terms. If you use the Site for an organization, you represent that you have authority to bind it." },
        { heading: "3. Who may use the Site", body: "The Site is intended solely for qualified institutional investors, family offices, and other persons who are permitted under applicable law to receive information about private funds. In the United States, that means persons who are accredited investors and, where required, qualified purchasers. In the European Economic Area and the United Kingdom, the Site is directed only at professional clients and eligible counterparties, not at retail clients. In Brazil, it is directed only at investidores qualificados and investidores profissionais. In Switzerland, it is directed only at qualified investors. If you do not meet the standard that applies to you, you must leave the Site. Each time you access the Site you represent that you meet that standard, that you are not located in a jurisdiction where this access is unlawful and will not transmit the Site into one, and that any information you give us about yourself or your organization is accurate." },
        { heading: "4. No offer or solicitation", body: "Nothing on the Site is an offer to sell, or a solicitation of an offer to buy, any security, partnership interest, or other investment product, and nothing on the Site is a prospectus, private placement memorandum, or other offering document. No offering of interests in Folclore Latin Fund I or any other vehicle will be made except under definitive confidential offering documents, and only to persons who meet applicable investor-qualification, sophistication, and jurisdictional requirements. Any such offering, if made, will be made in reliance on exemptions from registration, including, in the United States, exemptions under the Securities Act of 1933 and the Investment Company Act of 1940. Those interests will not be registered under those statutes, and no public market for them should be expected. No securities authority — including the U.S. Securities and Exchange Commission, the Brazilian CVM, or the Swiss FINMA — has approved or disapproved the information on this Site. We do not undertake to make the Site, or any fund, available in any particular jurisdiction." },
        { heading: "5. Where this information may not be sent", body: "The Site is not directed at any person in a jurisdiction where its publication, or your access to it, would be contrary to local law or would require a registration, license, or filing we have not made. In the United Kingdom, this content is directed only at persons who have professional experience in matters relating to investments and at other persons to whom it may lawfully be communicated under the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005. You are responsible for knowing whether you may lawfully access the Site. You may not copy, forward, or otherwise distribute any page or material from the Site to a person who is not permitted to receive it, or into a jurisdiction where that distribution would be unlawful. We may refuse access from any jurisdiction, or to any person, where we choose not to make the Site available." },
        { heading: "6. No advice and no reliance", body: "Content on the Site is for general information only. It is not investment, legal, tax, accounting, or other professional advice, and it is not a recommendation to buy, sell, or hold any security or to pursue any strategy. Do not rely on it in making a decision. Consult your own qualified advisers. We have no duty to update the Site, and information may be incomplete, condensed, or out of date." },
        { heading: "7. Performance, targets, and models", body: "Past performance is not indicative of future results. Any target return, projection, case study, or portfolio figure is illustrative. It is not a promise or a guarantee, and it may not reflect actual fees, expenses, taxes, or market conditions. Financial models in the data room, including fund-return and investment models, are hypothetical tools for discussion with qualified investors. They are not forecasts. Gross figures, where shown, do not reflect management fees, carried interest, or expenses, all of which reduce returns. An investment in a private fund involves a high degree of risk, including loss of the entire commitment, illiquidity, and leverage. Read the relevant offering documents, including the risk factors, before making any investment decision." },
        { heading: "8. Data room and confidentiality", body: "Some materials are available only after we grant access, including through the limited-partner login. Credentials are personal and non-transferable, and must be kept confidential. You may not share a login, screenshot, download, or excerpt with anyone we have not separately authorized. Data-room materials are confidential. They are provided for evaluation by the authorized recipient only, and they may not be reproduced, published, or distributed, in whole or in part, without our prior written consent. You may share them with your professional advisers who are bound by equivalent confidentiality obligations and who need them in order to advise you. We may refuse, suspend, or revoke access at any time, without notice, and we may require materials to be returned or destroyed. Unauthorized access or redistribution is a material breach of these Terms." },
        { heading: "9. Intellectual property", body: "The Site and its contents — including text, graphics, logos, photographs, layout, models, and software — are owned by Folclore or its licensors and are protected by intellectual-property laws. We grant you a limited, revocable, non-exclusive license to access and view the Site for your own internal information, subject to these Terms. You may not copy, scrape, frame, mirror, modify, or create derivative works from the Site, and you may not use any Folclore name or mark, except with our prior written consent or where the law expressly allows it. All rights not expressly granted are reserved." },
        { heading: "10. Acceptable use", body: "You will not use the Site in a way that breaks the law or infringes anyone’s rights, and you will not probe, scan, or attempt to breach the Site’s security or access controls. You may not introduce malware, overload the Site, or misrepresent your identity or investor status when you request information or access. You may not use automated means to collect content from the Site. We may investigate violations and cooperate with authorities." },
        { heading: "11. Third-party sites", body: "The Site may link to third-party sites, including the Titans of Luxury podcast. We do not control those sites. A link is not an endorsement, and we are not responsible for their content, terms, or privacy practices." },
        { heading: "12. Disclaimer of warranties", body: "The Site is provided “as is” and “as available.” To the fullest extent permitted by law, Folclore disclaims all warranties, express or implied, including warranties of accuracy, completeness, merchantability, fitness for a particular purpose, title, and non-infringement, and any warranty that the Site will be uninterrupted, secure, or free of errors." },
        { heading: "13. Limitation of liability", body: "To the fullest extent permitted by law, Folclore and its partners, officers, employees, agents, and affiliates will not be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages, or for any loss of profits, data, goodwill, or investment opportunity, arising out of or related to the Site or these Terms, whether in contract, tort, or otherwise, even if advised of the possibility. Our aggregate liability for any claim arising out of the Site will not exceed one hundred U.S. dollars (US$100), except where a mandatory law does not allow that limit. Nothing in these Terms excludes liability that cannot legally be excluded, including liability for fraud or willful misconduct, or any non-waivable right you have as a consumer where such a right applies. The Site is not directed at consumers." },
        { heading: "14. Indemnity", body: "You will indemnify and hold harmless Folclore and its partners, officers, employees, agents, and affiliates from any claim, loss, liability, and reasonable legal expense arising out of your use of the Site, your breach of these Terms, your redistribution of Site or data-room materials, or your violation of law or of any third party’s rights." },
        { heading: "15. Suspension and termination", body: "We may suspend or discontinue the Site, or any part of it, and we may end your access, at any time. Provisions that by their nature should survive — including confidentiality, intellectual property, disclaimers, limitation of liability, indemnity, and governing law — will survive." },
        { heading: "16. Governing law and disputes", body: "These Terms are governed by the laws of the State of New York, without regard to conflict-of-laws rules. Subject to any non-waivable right to bring a claim elsewhere, the state and federal courts located in New York County, New York, have exclusive jurisdiction over disputes arising out of these Terms or the Site, and you consent to that jurisdiction and venue. You and Folclore waive any right to a jury trial in such a dispute, to the extent the waiver is enforceable. Nothing in these Terms limits a mandatory investor-protection rule of the place where you live, to the extent that rule cannot be varied by contract. These Terms govern the Site only. They do not amend any limited partnership agreement, subscription agreement, side letter, or other contract you may enter with a Folclore vehicle." },
        { heading: "17. General", body: "If a provision of these Terms is held unenforceable, the remaining provisions continue in effect. Our failure to enforce a provision is not a waiver. These Terms are the entire agreement between you and Folclore about the Site. You may not assign these Terms. We may assign them to an affiliate or a successor. Headings are for convenience only. The English version of these Terms controls. A translation is provided for convenience; if it conflicts with the English text, the English text prevails." },
        { heading: "18. Contact", body: "Questions about these Terms may be directed to hello@folclore.capital. Folclore Capital Partners — New York, Rio de Janeiro, and Zurich." },
      ],
    },
    login: {
      eyebrow: "Prospective investors",
      title: "Data Room",
      termsBefore: "Access is subject to our ",
      termsLink: "Terms & Conditions",
      termsAfter: ". Materials in the data room are confidential and may not be copied or redistributed.",
      emailLabel: "Email",
      submit: "Send magic link",
      sending: "Sending…",
      checking: "Checking access…",
      checkEmail: "Check {email} for a sign-in link. The link expires in 24 hours and is single use. If you run into issues, please contact us at support@folclore.capital.",
      useDifferentEmail: "Use a different email",
      unauthorized: "This email is not authorized for the data room. Reach out to support@folclore.capital if you need access.",
      error: "We could not send a link. Check the email address and try again.",
      back: "Return to public site",
      confidentiality: {
        eyebrow: "Folclore Latin Fund I",
        title: "Confidentiality reminder",
        body: [
          "Materials in this data room are confidential. They are provided for your evaluation only, and may not be reproduced, published, or distributed, in whole or in part, without our prior written consent.",
          "If you need to invite a professional adviser to review materials, please request access at support@folclore.capital and they will receive an invitation. Your login is personal and non-transferable.",
        ],
        termsBefore: "This reminder sits alongside our ",
        termsLink: "Terms & Conditions",
        termsAfter: ".",
        checkbox: "I understand these materials are confidential and agree to keep them confidential.",
        enter: "Enter the data room",
        decline: "Not now",
      },
    },
    portal: {
      eyebrow: "Family offices & qualified investors",
      title: "Choose a room",
      intro: "Two rooms are open to you. Select one to continue.",
      welcomeLabel: "Welcome Note",
      welcomeBody: "Welcome. We are glad you are here. These rooms hold the firm and Folclore Latin Fund I — for assessment before launch. Choose the one you came for, and please keep what you read to yourself.",
      welcomeSign: "Nick & Dolly",
      generalEyebrow: "The firm",
      generalTitle: "General Fund Information",
      generalSubtitle: "Who we are",
      generalBody: "The partnership, the mission, and how Folclore invests.",
      fundEyebrow: "Fund I",
      fundTitle: "Folclore Latin Fund I Data Room",
      fundBody: "The opportunity, category notes, models, and materials for prospective investors.",
      enter: "Enter",
      allRooms: "All rooms",
      signOut: "Sign out",
      generalBadge: "General Fund Information",
      generalName: "Who we are",
      generalIntro: "Folclore Capital Partners. The partnership behind Folclore Latin Fund I.",
    },
    dataroom: {
      badge: "Confidential · Investor Data Room",
      fundName: "Folclore Latin Fund I",
      logout: "Sign out",
      mobileNotice: {
        kicker: "On a phone",
        title: "Better on a desktop or iPad",
        body: "This data room is easier to read and use on a desktop computer or an iPad.",
        follow: "If you run into a major issue, or you would like a more mobile-friendly experience, get in touch.",
        continueLabel: "Continue",
      },
      disclaimer: "For qualified investors only. Materials are confidential and may not be reproduced or distributed. Financial models and scenario figures are hypothetical — for discussion, not a forecast or track record.",
      hypotheticalNote: "Hypothetical · for discussion · not a forecast",
      illustrativeLabel: "Illustrative scenario",
      searchPlaceholder: "Search the room…",
      searchEmpty: "No matches.",
      resetAssumptions: "Reset",
      pendingTitle: "Not yet uploaded",
      pendingBody: "This file is prepared for formation. Add it at the path below and set status to ready.",
      pendingPathLabel: "Storage path",
      navGroups: {
        fund: "Fund I",
        verticalsCore: "Verticals · Core",
        verticalsSecondary: "Verticals · Secondary",
        caseStudies: "Case Studies",
        caseEurope: "Europe",
        caseBrazil: "Brazil",
        caseUsa: "USA",
        also: "Also in the Room",
        documentsDirectory: "Fund Documents Directory",
        finalStep: "Final Step",
        opportunity: "The Opportunity",
        analysts: "For Your Analysts",
        firm: "The Firm",
      },
      nav: {
        overview: "Dashboard",
        fundOverview: "Fund Overview",
        documents: "Fund Documents",
        onboarding: "LP Onboarding",
        team: "Team & Advisors",
        strategy: "Strategy & Structure",
        returnModel: "Return Model (Simple)",
        fundPacing: "Return Model (Full)",
        pipeline: "Pipeline (NDA)",
        media: "Media & Podcast",
        questions: "LP Questions",
        articles: "Article Library",
        opportunity: "Dashboard",
        verticals: "Verticals",
        casesOverview: "Overview",
        casesCompare: "Compare Two",
        scenarios: "Pipeline (NDA)",
        markets: "Markets",
        returns: "Fund Model",
        models: "Lenny Niemeyer",
        firm: "Team & Track Record",
      },
      opportunity: {
        eyebrow: "Dashboard",
        title: "Folclore Latin Fund I",
        lead: "A growth equity firm partnering with Latin America's heritage luxury houses to build their business abroad.",
        termsTitle: "Fund terms",
        termsNote: "Strategy terms from the origination brief — not a private placement memorandum.",
        terms: [
          { label: "Target fund size", value: "$150M" },
          { label: "Partnerships", value: "Up to 5" },
          { label: "Per partnership", value: "~$25M" },
          { label: "Structure", value: "Minority & Call Option" },
          { label: "Preferred brand age", value: "30+ years" },
        ],
        nestingTitle: "How we partner · the nesting doll",
        nesting: [
          { step: "01", title: "Minority stake", body: "A minority position and a board seat in the home company. The family keeps control at home." },
          { step: "02", title: "Global license", body: "Rights outside the home market are licensed to a U.S. company we fund, for an upfront fee and an ongoing royalty." },
          { step: "03", title: "Growth abroad", body: "Most of the capital builds the brand internationally: wholesale and e-commerce first, led from New York and Miami." },
          { step: "04", title: "Path to combination", body: "A long-dated option to acquire the home company on pre-agreed terms — a defined route to liquidity for the family." },
        ],
        categoriesTitle: "Categories · premium and luxury",
        doorsTitle: "Continue",
        doors: {
          case: { title: "The case", body: "Lenny Niemeyer — swimwear, Brazil, the worked model." },
          model: { title: "The model", body: "For your analysts — fund returns under Bear, Base, and Bull." },
          firm: { title: "The firm", body: "Nick & Dolly, Titans of Luxury, and the research library." },
        },
        screenTitle: "The screen · every point must hold",
        screen: [
          "Founded and run in Latin America. Brazil and Argentina are our core initial markets.",
          "Premium to luxury in its home market.",
          "Revenue US$10M+, ideally US$15–60M. EBITDA margin 10%+. Audited or auditable accounts.",
          "Revenue stable or growing over the last three years.",
          "Owns its trademarks outright and can license them abroad. U.S. marks registered, or clear to register.",
          "Owners open to a minority partner with a board seat, and to a long-term path to full combination.",
        ],
        outOfScopeTitle: "Out of scope",
        outOfScope: [
          "Loss-making businesses and turnarounds.",
          "Mass-market, discount or private-label positioning.",
          "Owners seeking a full sale or control today.",
          "Brands licensed in, rather than owned.",
          "Perishable food and drink.",
        ],
        scenarioTitle: "Illustrative scenario book",
        scenarioNote: "Hypothetical figures for discussion only. Not a track record, not capital at work, not reported performance.",
        scenarioMetrics: [
          { label: "Scenario fund size", value: "$250M", link: null },
          { label: "Scenario deployed", value: "$142M", link: "scenarios" },
          { label: "Scenario net IRR", value: "18.4%", link: "returns" },
          { label: "Scenario TVPI", value: "1.42x", link: "returns" },
        ],
        firmTitle: "The firm",
        podcastTitle: "Titans of Luxury",
        podcastBody: "Our point of view on how luxury houses are built — as dynasties, cultural artifacts, and financial machines.",
        podcastCta: "Visit Titans of Luxury",
        researchTitle: "From the research library",
        researchCta: "Open research",
      },
      fundOverview: {
        eyebrow: "Fund overview",
        title: "Folclore Latin Fund I",
        lead: "Target size, partnership terms, and how the fund is put together.",
        snapshotTitle: "Snapshot",
        snapshotNote: "A high-level view of the strategy. The offering documents, when uploaded, govern.",
        snapshot: [
          { label: "Thesis", value: "A minority partnership with a heritage luxury house, to build the business abroad." },
          { label: "Ownership", value: "Minority stake and a board seat. The family keeps control at home." },
          { label: "Core markets", value: "Brazil and Argentina." },
          { label: "Categories", value: "Fashion, leather goods, swimwear, beauty, jewelry, spirits and wine." },
          { label: "Abroad", value: "Rights outside the home market are licensed to a U.S. company the fund builds, with a long-dated option to combine." },
        ],
        execSummaryTitle: "Executive Summary",
        execSummaryCta: "Download Executive Summary",
        execSummaryNote: "The short brief for prospective limited partners.",
        doorBody: "Fund terms, a snapshot of the strategy, and the Executive Summary.",
      },
      verticals: {
        eyebrow: "Verticals",
        title: "The houses we are looking for",
        intro: "Six core categories, and nine we track but do not lead with. Each page states what we know, what we believe, and what is not yet on file.",
        indexResearchTitle: "Context for the whole set",
        emptyResearch: "No dedicated articles in this category yet.",
        screenTitle: "What must be true",
        signalsTitle: "Strong signals",
        outTitle: "What we will not do",
        researchTitle: "Research",
        scenarioTitle: "Illustrative companies in this category",
        caseTitle: "Worked case",
        caseCta: "Open Lenny Niemeyer model",
        backToIndex: "All verticals",
        openArticle: "Read",
        coreKicker: "Sector thesis · Core vertical {n} of {total}",
        contentsLabel: "Contents",
        pipelineLink: "Active opportunities sit in the Pipeline room, under NDA.",
        pipelineCta: "Open the Pipeline room",
        landscapePublicNote: "Public information only. No relationship, engagement or interest is implied. Houses under consideration are held in the Pipeline room.",
        schematicCaption: "Schematic — not a forecast. Illustrates relative seasonal demand.",
        previousLabel: "Previous",
        nextLabel: "Next",
        holdLabel: "Hold",
        buyersLabel: "Natural buyers",
        criteriaHeaders: ["Criterion", "Threshold", "Why"],
        riskPairHeaders: ["Risk", "Mitigant"],
        landscapeHeaders: ["House", "Origin", "Segment · Tier", "Why it matters"],
        leverHeaders: ["Lever", "Timing"],
        categories: [
          {
            id: "fashion",
            name: "Fashion",
            tier: "core",
            blurb: "Heritage apparel houses with a signature line and the rights to grow abroad.",
            outNote: "Private label and licensed-in marks are out of scope.",
          },
          {
            id: "leather-goods",
            name: "Leather Goods",
            tier: "core",
            blurb: "Ateliers that make their own product — bags, small leather, footwear — under owned trademarks.",
            outNote: "Brands licensed in rather than owned are out of scope.",
          },
          {
            id: "swimwear",
            name: "Swimwear",
            tier: "core",
            blurb: "Heritage swim and resort houses, proven at home and under-built abroad. The question is how large the US business must become.",
            outNote: "Mass-market and discount positioning are out of scope.",
            hasCase: true,
          },
          {
            id: "beauty",
            name: "Perfumes & Cosmetics",
            tier: "core",
            blurb: "Premium to luxury perfume and cosmetics houses founded in Latin America, with marks they own and can license.",
            outNote: "Private label and licensed-in marks are out of scope.",
          },
          {
            id: "jewelry",
            name: "Jewelry",
            tier: "core",
            blurb: "Artisan and house jewelry with a signature product and a path to international wholesale.",
            outNote: "Mass-market and private-label positioning are out of scope.",
          },
          {
            id: "spirits-and-wine",
            name: "Spirits and Wine",
            tier: "core",
            blurb: "Cellar-door and estate brands — craft spirits and wine with provenance. Not perishable food.",
            outNote: "Perishable food and drink are out of scope. Estate and cellar-door brands remain in.",
          },
          {
            id: "home-goods",
            name: "Home Goods",
            tier: "secondary",
            blurb: "Design-led home houses. Tracked beside the core categories, not a lead allocation.",
            outNote: "Mass-market home and perishable goods are out of scope.",
          },
          {
            id: "eyewear",
            name: "Eyewear",
            tier: "secondary",
            blurb: "Heritage eyewear houses. Tracked beside the core categories, not a lead allocation.",
            outNote: "Licensed-in marks are out of scope.",
          },
          {
            id: "hospitality-and-travel",
            name: "Hospitality & Travel",
            tier: "secondary",
            blurb: "Hotels, lodges and travel houses with a name they own. Tracked beside the core categories, not a lead allocation.",
            outNote: "Mass-market lodging and brands licensed in are out of scope.",
          },
          {
            id: "aviation-and-yachting",
            name: "Aviation & Yachting",
            tier: "secondary",
            blurb: "Heritage aviation and yachting houses. Tracked beside the core categories, not a lead allocation.",
            outNote: "Operators without an owned marque, and licensed-in marks, are out of scope.",
          },
          {
            id: "automobiles",
            name: "Automobiles",
            tier: "secondary",
            blurb: "Coachbuilt and collector automobile houses with marks they own. Tracked beside the core categories, not a lead allocation.",
            outNote: "Mass-market automobiles and licensed-in marks are out of scope.",
          },
          {
            id: "real-estate",
            name: "Real Estate",
            tier: "secondary",
            blurb: "Branded residences and estate houses. Tracked beside the core categories, not a lead allocation.",
            outNote: "Development without an owned marque is out of scope.",
          },
          {
            id: "gastronomy-and-fine-dining",
            name: "Gastronomy & Fine Dining",
            tier: "secondary",
            blurb: "Restaurants and culinary houses with a name they own. Not perishable food. Tracked beside the core categories, not a lead allocation.",
            outNote: "Perishable food and drink, and mass-market dining, are out of scope.",
          },
          {
            id: "selective-retailing",
            name: "Selective Retailing",
            tier: "secondary",
            blurb: "Specialty retailers of luxury goods. Tracked beside the core categories, not a lead allocation.",
            outNote: "Mass-market, discount and private-label retail are out of scope.",
          },
          {
            id: "watches",
            name: "Watches",
            tier: "secondary",
            blurb: "Heritage watch houses with marks they own and can license. Tracked beside the core categories, not a lead allocation.",
            outNote: "Licensed-in marks and mass-market watches are out of scope.",
          },
        ],
        signals: [
          "30+ years trading under its own name.",
          "A signature product, unchanged for decades.",
          "Export demand already arriving unprompted.",
          "Makes its own product, with room to scale.",
          "A family planning succession this decade.",
        ],
      },
      strategy: {
        eyebrow: "Strategy & structure",
        title: "How Fund I is built",
        lead: "A minority partnership at home, a license to grow abroad, and a defined path to combination. The screen below is what every house must pass. The models sit underneath it.",
        modelTitle: "Fund model",
        modelBody: "Hypothetical net returns under Bear, Base, and Bull. For your analysts — not a forecast.",
        modelCta: "Open the fund model",
        marketsTitle: "Markets",
        marketsBody: "Brazil and Argentina are the core first markets. Other countries appear only in the illustrative book.",
        marketsCta: "Open the market map",
        caseTitle: "Worked case",
        caseBody: "Lenny Niemeyer — swimwear, Brazil — is the worked model of the structure.",
        caseCta: "Open the Lenny Niemeyer model",
      },
      media: {
        eyebrow: "Media & podcast",
        title: "Titans of Luxury",
        lead: "The case studies behind the thesis. Episodes that bear on a single category are also listed on that vertical's page.",
        libraryNote: "Longer reading lives in the article library, and on each vertical under Research.",
        libraryCta: "Open the article library",
      },
      questions: {
        eyebrow: "LP questions",
        title: "Questions we are asked first",
        lead: "Short answers from the materials in this room. The offering documents, when uploaded, govern.",
        items: [
          { q: "Is this an offer?", a: "No. Nothing in this room is an offer to sell or a solicitation of an offer to buy an interest in the fund. An offer, if made, is made only through definitive offering documents." },
          { q: "What does Fund I buy?", a: "A minority stake and a board seat in the home company. Rights outside the home market are licensed to a U.S. company the fund builds. A long-dated option sets a path to combination. The family keeps control at home." },
          { q: "How large, and how many partnerships?", a: "Target fund size is $150 million. Up to five partnerships, about $25 million each. Preferred brand age is 30 years or more. Core markets are Brazil and Argentina." },
          { q: "Which categories are in the room?", a: "Core: fashion, leather goods, swimwear, perfumes and cosmetics, jewelry, spirits and wine. Secondary, tracked but not a lead allocation: home goods, eyewear, hospitality and travel, aviation and yachting, automobiles, real estate, gastronomy and fine dining, selective retailing, and watches. Perishable food and drink are out of scope." },
          { q: "What is hypothetical?", a: "The fund model, the Lenny Niemeyer case, and the companies under Pipeline are hypothetical, for discussion. They are not a forecast, a track record, or capital at work. A vertical with no live opportunity says so." },
          { q: "Where are the documents?", a: "Offering, legal, and reporting files are in the Fund Documents Directory at the bottom of the menu. LP onboarding is the last section, and it opens at Level 4. Files marked pending are prepared at formation." },
          { q: "Who do we write to?", a: "General enquiries: hello@folclore.capital. Origination: deals@folclore.capital." },
        ],
      },
      firm: {
        eyebrow: "Team & track record",
        title: "Who stewards Fund I",
        intro: "A small partnership with deep roots across the Americas. The podcast sits under Media & podcast.",
        podcastTitle: "Titans of Luxury",
        podcastBody: "Not another business podcast. Luxury intelligence and storytelling — how desirability was engineered, empires were built, and legacies endure.",
        podcastCta: "Visit Titans of Luxury",
        contactTitle: "Contact",
        dealsNote: "For origination partners",
        helloNote: "General enquiries",
      },
      fundReturns: {
        eyebrow: "Fund model",
        title: "Fund I — returns forecast",
        intro: "Hypothetical projection of net LP returns across the fund life. Adjust capital base, fee structure, and hold period — then compare Bear / Base / Bull outcomes on the TVPI trajectory below.",
        downloadXlsx: "Download Excel model",
        chartTitle: "Forecast TVPI by scenario",
        chartNote: "Total value to paid-in capital (TVPI) including realized distributions and residual NAV. Illustrative only.",
        assumptionsTitle: "Fund assumptions",
        projectionTitle: "Year-by-year projection",
        scenarioCompare: "Terminal returns by scenario",
        sliders: {
          fundSize: "Target fund size",
          committed: "Committed capital",
          deploymentYears: "Investment period",
          fundLife: "Fund life",
          mgmtFee: "Management fee",
          carry: "Carried interest",
          preferredReturn: "Preferred return",
        },
        cols: { year: "Year", called: "Called ($M)", nav: "NAV ($M)", distributed: "Distributed ($M)", tvpi: "TVPI", dpi: "DPI" },
        metrics: {
          netIrr: "Net IRR (projected)",
          netMoic: "Net MOIC (projected)",
          terminalDpi: "Terminal DPI",
          grossMoic: "Gross portfolio MOIC",
        },
      },
      returnModel: {
        eyebrow: "Fund I · Return model",
        title: "Return model",
        italic: "— follow a dollar from commitment to distribution.",
        lede: "An illustrative model of Folclore Latin Fund I, built on the base case the fund puts forward: five houses entered over the first four years, one of which fails, sold between years 8 and 12. Change the cheques, the timing and the multiples, and see how proceeds pass through the waterfall to limited partners and the general partner.",
        disclaimer: "Illustrative only. The figures are hypothetical and do not forecast Fund I performance. Capital is called as houses are entered and as fees and expenses fall due; each house is sold in the year shown and proceeds are distributed that year. The limited partnership agreement governs.",
      },
      fundPacing: {
        eyebrow: "Fund I · Fund model",
        title: "Fund model",
        intro: "Illustrative 14-year portfolio construction and pacing. Change the deals, follow-on reserves, and exits — fees, capital calls, and the European waterfall recalculate.",
      },
      lnModel: {
        eyebrow: "Worked case",
        title: "Lenny Niemeyer — investment model",
        intro: "Interactive version of LN_Investment_Model_Folclore.xlsx. Adjust deal structure, FX, and exit assumptions across Bear / Base / Bull. Ratchet call option mechanics included.",
        nestingNote: "The nesting doll in practice: minority stake at home, license abroad, capital to build the international company, and a long-dated option to combine.",
        downloadXlsx: "Download Excel model",
        dealStructure: "Deal structure & assumptions",
        returnsTitle: "Returns analysis",
        ratchetTitle: "Call option ratchet",
        projectionTitle: "Brazil operations projection",
        scenarioCompare: "Scenario comparison",
        holdSensitivity: "Hold period sensitivity (workbook)",
        holdSensitivityNote: "Published sensitivity from the Excel model — does not recompute from the sliders above.",
        sensitivityTitle: "MOIC sensitivity — EBITDA CAGR vs. exit multiple",
        sensitivityNote: "Click a cell to set the Brazil exit multiple and inspect the selected CAGR. Values from the base-case table in the Excel model.",
        sliders: {
          entryMultiple: "Entry EV/EBITDA",
          ebitda2024: "2024 EBITDA",
          stake: "Stake acquired",
          fxEntry: "Entry FX (BRL/USD)",
          fxDepreciation: "Annual BRL depreciation",
          intlBudget: "Int'l expansion budget",
          holdYears: "Hold period",
          exitMultiple: "Brazil exit multiple",
        },
        rows: {
          entryEv: "Entry EV (Brazil)",
          costStake: "Cost of stake (USD)",
          exitEbitda: "Exit EBITDA (R$M)",
          ebitdaCagr: "EBITDA CAGR from entry",
          strikeMultiple: "Implied strike multiple",
          brazilProceeds: "Brazilian proceeds",
          optionValue: "Call option value",
          intlProceeds: "International proceeds",
          dividends: "Cumulative dividends",
        },
      },
      articles: {
        eyebrow: "Article library",
        title: "Article library",
        intro: "Curated industry research on luxury, fashion, markets, and venture. Select an article to read in-browser or download the PDF.",
        searchPlaceholder: "Search articles…",
        available: "articles",
        pending: "Pending",
        openNew: "Open",
        download: "Download",
        selectArticle: "Select an article from the library to preview.",
        emptySearch: "No articles match that search.",
        placeholderAlert: "{file} is not yet uploaded. Add the PDF to dataroom/11-article-library/ and set status to ready in articles-manifest.jsx.",
      },
      analytics: {
        eyebrow: "Markets",
        title: "Geographic scenario map",
        intro: "Where an illustrative scenario book might sit. Select a market to see thesis and hypothetical companies — not reported fund exposure.",
        deploymentTitle: "Scenario capital by vintage",
        geoTitle: "Scenario geographic mix",
        marketIntelTitle: "Market notes",
        holdingsTitle: "Illustrative companies here",
        noHoldings: "No scenario companies mapped to this market.",
      },
      portfolio: {
        eyebrow: "Pipeline",
        title: "Pipeline",
        intro: "The Fund I deal pipeline. Level 1 shows counts only; project names open at Level 2. House names open at Level 4.",
        investedLabel: "Scenario capital",
        ownershipLabel: "Ownership",
        vintageLabel: "Scenario year",
        marketLabel: "Market",
        ebitdaLabel: "EBITDA margin",
        entryLabel: "Entry multiple",
        exitLabel: "Exit multiple",
        revenueTitle: "Revenue trajectory ($M)",
        relatedDocs: "Related materials",
        verticalLink: "Category",
        noVertical: "Not mapped to a vertical in this room — kept here as a hypothetical only.",
        companies: [
          { id: "casa-aurelia", name: "Casa Aurelia", sector: "Jewelry · Leather goods", country: "Brazil", status: "Illustrative scenario", invested: "$25M", ownership: "Minority", vintage: "2024", verticals: ["jewelry", "leather-goods"], description: "Omni-channel luxury house curating Brazilian artisan jewelry and leather goods for global distribution." },
          { id: "andina-spirits", name: "Andina Spirits", sector: "Spirits and wine", country: "Colombia", status: "Illustrative scenario", invested: "$22M", ownership: "Minority", vintage: "2023", verticals: ["spirits-and-wine"], description: "Craft spirits platform elevating Andean botanical heritage with boutique hospitality tie-ins." },
          { id: "pacifica-home", name: "Pacifica Home", sector: "Home goods", country: "Mexico", status: "Illustrative scenario", invested: "$31M", ownership: "Minority", vintage: "2024", verticals: ["home-goods"], description: "Design-led home furnishings brand sourcing from Oaxacan ateliers. Secondary vertical — hypothetical only." },
          { id: "vistamar-logistics", name: "Vistamar Logistics", sector: "Infrastructure", country: "Chile", status: "Illustrative scenario", invested: "$19M", ownership: "Minority", vintage: "2025", verticals: [], description: "Cold-chain logistics. Outside the brief (and perishable food & drink is out of scope) — hypothetical only." },
          { id: "terra-fina", name: "Terra Fina", sector: "Agriculture", country: "Argentina", status: "Illustrative scenario", invested: "$24M", ownership: "Minority", vintage: "2023", verticals: [], description: "Regenerative viticulture and olive estates. Perishable food is out of scope in the brief — kept as a hypothetical only." },
          { id: "lumen-atelier", name: "Lumen Atelier", sector: "Fashion", country: "Peru", status: "Pipeline scenario", invested: "$18M committed", ownership: "Minority", vintage: "2026", verticals: ["fashion"], description: "Alpaca and textile house modernizing Andean craft for international luxury houses." },
        ],
      },
      documents: {
        eyebrow: "Fund Documents Directory",
        title: "Fund data room",
        intro: "Offering, legal, financial, and reporting files for Folclore Latin Fund I. Choose a folder in the directory. Files marked Pending are prepared at formation.",
        emptySearch: "No documents match that search.",
        searchPlaceholder: "Search documents…",
        statsLabel: "Documents available",
        statsReady: "files ready",
        filesLabel: "files",
        statusReady: "Ready",
        statusPending: "Pending",
        filterAll: "All",
        filterReady: "Ready",
        filterPending: "Pending",
        selectFile: "Select a file to preview or download.",
        spreadsheetNote: "Spreadsheets open by download.",
        formationNote: "Prepared at formation",
        placeholderAlert: "{file} is not yet uploaded. Path: {path}",
        frameworkNote: "Framework defined in /dataroom/ and dataroom-manifest.jsx.",
      },
      onboarding: {
        eyebrow: "Level 4 · Final step",
        title: "LP onboarding",
        intro: "Subscription documents, tax forms, and the operational setup for a new limited partner. This is the last step, and it opens at Level 4.",
      },
      access: {
        loggedInAs: "You are logged in as {email}",
        yourLevel: "Your level of access is Level {level} — {name}",
        levelPill: "Level {level} · {name}",
        upgradeAccess: "Upgrade access",
        upgradeTo: "To reach Level {level} — {name}",
        upgradeCta: "Upgrade · {action}",
        laterCta: "Then · {action}",
        nextBadge: "Your next step",
        panelTitle: "Your access",
        panelIntro: "See below to upgrade your access. If you have any questions, please contact support@folclore.capital.",
        currentBadge: "Your level",
        lockEyebrow: "Restricted",
        lockTitle: "Level {level} — {name}",
        signNda: "Sign the NDA",
        ndaNote: "Access is raised after we receive the signed NDA.",
        ndaCopyLink: "Preview & download a copy of the NDA",
        scheduleCall: "Schedule a call",
        byInvitation: "By invitation only",
        invitationNote: "If you believe you should have this access, write to support@folclore.capital or the partner you are working with.",
        levels: [
          {
            id: 1,
            name: "Initial access",
            audience: "For prospects who have expressed interest.",
            materials: "Fund overview, investment presentation, team biographies, high-level terms and strategy.",
          },
          {
            id: 2,
            name: "Qualified LP diligence",
            audience: "For investors progressing through diligence.",
            materials: "Fund model, detailed strategy, sample investment memorandum, available track-record evidence, portfolio construction and draft legal terms.",
          },
          {
            id: 3,
            name: "Advanced diligence",
            audience: "For serious LPs and their authorized advisers.",
            materials: "Detailed attribution, complete DDQ and ODD materials, sensitive financial information, service-provider documentation, draft LPA and relevant compliance materials.",
          },
          {
            id: 4,
            name: "Restricted or transaction-specific",
            audience: "Only when access is justified.",
            materials: "Confidential portfolio-company data, sensitive third-party information, transaction documents, LP onboarding, and other restricted materials, subject to applicable confidentiality and legal requirements.",
          },
        ],
      },
      markets: {
        eyebrow: "Markets",
        title: "Latin American market map",
        intro: "Core first markets are Brazil and Argentina. Other countries appear in the illustrative scenario book only.",
        gdpLabel: "GDP (nominal)",
        exposureLabel: "Scenario mix",
        dealsLabel: "Scenario companies",
        focusLabel: "Focus",
        countries: [
          { name: "Brazil", gdp: "$2.3T", exposure: "40%", deals: "1", focus: "Core · all categories", thesis: "Core initial market. Deepening luxury consumer base and artisan supply chains for heritage houses with export potential." },
          { name: "Argentina", gdp: "$640B", exposure: "25%", deals: "1", focus: "Core · fashion & wine", thesis: "Core initial market. Terroir and design houses seeking a minority partner and a path abroad." },
          { name: "Mexico", gdp: "$1.8T", exposure: "15%", deals: "1", focus: "Scenario only", thesis: "Nearshoring and design culture — appears in the scenario book; not a core first market in the brief." },
          { name: "Colombia", gdp: "$420B", exposure: "10%", deals: "1", focus: "Spirits", thesis: "Biodiversity and craft distilling — scenario exposure for spirits and wine." },
          { name: "Chile", gdp: "$340B", exposure: "5%", deals: "1", focus: "Scenario only", thesis: "Scenario only. Logistics and perishable export plays are outside the brief." },
          { name: "Peru", gdp: "$285B", exposure: "5%", deals: "1", focus: "Fashion · textiles", thesis: "Andean textile heritage — scenario exposure for fashion." },
        ],
      },
      performance: {
        eyebrow: "Scenario deployment",
        title: "Illustrative deployment",
        intro: "Hypothetical capital by vintage for discussion.",
        chartTitle: "Scenario capital by vintage",
        deployments: [
          { year: "2023", amount: "$46M", pct: 46 },
          { year: "2024", amount: "$59M", pct: 59 },
          { year: "2025", amount: "$37M", pct: 37 },
        ],
      },
      /* Legacy keys kept for mergeDataroom fallbacks */
      overview: {
        eyebrow: "The opportunity",
        title: "Folclore Latin Fund I",
        intro: "A growth equity firm partnering with Latin America's heritage luxury houses to build their business abroad.",
        metrics: [],
        thesisTitle: "Investment thesis",
        thesis: "A growth equity firm partnering with Latin America's heritage luxury houses to build their business abroad.",
        sectorsTitle: "Categories",
        sectors: ["Fashion", "Leather goods", "Swimwear", "Beauty", "Jewelry", "Spirits and wine"],
      },
      dashboard: {
        allocationTitle: "Scenario sector mix",
        sectorMix: [
          { label: "Fashion", value: 20, color: "#C5A059" },
          { label: "Jewelry", value: 18, color: "#D4B679" },
          { label: "Leather goods", value: 16, color: "#9A7A3C" },
          { label: "Swimwear", value: 16, color: "#6E9A82" },
          { label: "Spirits and wine", value: 15, color: "#4C5B7A" },
          { label: "Beauty", value: 15, color: "#A9B2C4" },
        ],
        snapshotTitle: "Strategy snapshot",
        snapshotCols: ["Metric", "Value", "Note"],
        snapshotRows: [
          ["Target fund size", "$150M", "Origination brief"],
          ["Partnerships", "Up to 5", "~$25M each"],
          ["Ownership", "Minority", "Board seat"],
          ["Preferred brand age", "30+ years", ""],
          ["Core markets", "Brazil · Argentina", "Initial focus"],
        ],
      },
    },
    team: {
      eyebrow: "Team",
      heading: "The stewards behind Fund I.",
      standfirst: "Folclore is led by a small partnership with deep roots across the Americas.",
      comingSoon: "Biography coming soon.",
      bioDownload: "Download biography",
      members: [
        {
          name: "Nick Walker",
          role: "Co-Founder · Managing Partner",
          place: "New York",
          bio: TEAM_BIOS.nick.bio,
          linkedin: TEAM_BIOS.nick.linkedin,
        },
        {
          name: "Dolly Moorhead",
          role: "Co-Founder · Partner · Head of Investor Relations",
          place: "New York",
          bio: TEAM_BIOS.dolly.bio,
          linkedin: TEAM_BIOS.dolly.linkedin,
        },
        {
          name: "Henrique Lamim, CFA",
          role: "Partner",
          place: "Rio de Janeiro",
          bio: TEAM_BIOS.henrique.bio,
          linkedin: TEAM_BIOS.henrique.linkedin,
        },
      ],
      advisorsLabel: "Advisors",
      advisors: [
        {
          name: "Camila Pierotti",
          role: "Advisor",
          place: "New York",
          bio: TEAM_BIOS.camila.bio,
          linkedin: TEAM_BIOS.camila.linkedin,
        },
        {
          name: "Denis O’Flynn O’Brien",
          role: "Advisor",
          place: "Philadelphia",
          linkedin: TEAM_BIOS.denis.linkedin,
        },
        {
          name: "Michele Levy",
          role: "Advisor",
          place: "New York",
          linkedin: TEAM_BIOS.michele.linkedin,
        },
      ],
      closing: "For media, speaking, and partnership enquiries, please",
      closingLink: "get in touch.",
    },
    rights: "© 2026 Folclore Capital Partners",
  },

  es: {
    name: "Español", short: "ES", dir: "ltr",
    nav: { mission: "Misión", contact: "Contacto", more: "Más", team: "Equipo", podcast: "Podcast", login: "Acceso LP" },
    footer: { terms: "Términos y Condiciones" },
    hero: {
      eyebrow: "Folclore Latin Fund I",
      headline: "Herencia, a la altura de un estándar superior.",
      cta: "Descubra nuestra misión",
      footnote: "Nuevo Lujo Mundial · Las Américas",
    },
    mission: {
      eyebrow: "Nuestra Misión",
      body: [
        "En Folclore Latin Fund I, somos pioneros en inversiones transformadoras de capital privado en los mercados más dinámicos de América Latina. Nuestra profunda experiencia regional y comprensión cultural nos permiten identificar oportunidades excepcionales donde otros ven complejidad.",
        "Nos asociamos con emprendedores visionarios y empresas establecidas, proporcionando no solo capital sino orientación estratégica para desbloquear un valor sin precedentes. Nuestro enfoque combina el rigor institucional con el conocimiento local, creando un crecimiento sostenible que beneficia a todas las partes interesadas.",
        "A través de estrategias de inversión disciplinadas y excelencia operativa, construimos empresas duraderas que dan forma al futuro del comercio en América Latina, al tiempo que ofrecemos rendimientos superiores a nuestros socios comanditarios.",
      ],
      caption: "El atelier — donde la procedencia se crea, no se fabrica.",
    },
    contact: {
      eyebrow: "Contacto", heading: "Hablemos",
      note: "Disponible para inversores institucionales cualificados y family offices.",
      offices: "Nueva York · Río de Janeiro · Zúrich",
    },
    terms: {
      eyebrow: "Legal", title: "Términos y Condiciones",
      updated: "Última actualización: octubre de 2026",
      placeholder: "Aviso importante. Este sitio se publica únicamente con fines informativos generales. No constituye una oferta de venta ni una solicitud de oferta de compra de ningún valor ni de participación alguna en Folclore Latin Fund I o cualquier otro vehículo. Está dirigido exclusivamente a inversores institucionales cualificados y family offices. Si usted no lo es, o si la ley de su jurisdicción no le permite recibir esta información, no utilice este sitio ni lo comparta.",
      sections: [
        { heading: "1. Las partes", body: "Estos Términos y Condiciones (“Términos”) rigen su acceso y uso de folclore.capital y de las páginas y materiales disponibles a través de él, incluida cualquier sala de datos para socios comanditarios (en conjunto, el “Sitio”). El Sitio es operado por Folclore Capital Partners (“Folclore”, “nosotros”). Cuando el contexto lo exija, las referencias a Folclore incluyen a sus afiliadas y a los vehículos de inversión que administran o asesoran, incluido Folclore Latin Fund I. “Usted” es la persona que accede al Sitio y, si lo hace en nombre de una organización, esa organización." },
        { heading: "2. Aceptación", body: "Al acceder al Sitio, usted acepta estos Términos. Si no está de acuerdo, no utilice el Sitio. Podemos actualizar estos Términos publicando una versión revisada y modificando la fecha indicada arriba. El uso continuado después de una actualización constituye la aceptación de los Términos revisados. Si utiliza el Sitio en nombre de una organización, declara que tiene autoridad para obligarla." },
        { heading: "3. Quién puede usar el Sitio", body: "El Sitio está destinado exclusivamente a inversores institucionales cualificados, family offices y demás personas a quienes la ley aplicable permita recibir información sobre fondos privados. En los Estados Unidos, ello significa personas que sean accredited investors y, cuando corresponda, qualified purchasers. En el Espacio Económico Europeo y el Reino Unido, el Sitio se dirige únicamente a clientes profesionales y contrapartes elegibles, y no a clientes minoristas. En Brasil, se dirige únicamente a investidores qualificados e investidores profissionais. En Suiza, se dirige únicamente a inversores cualificados. Si usted no cumple el estándar que le sea aplicable, debe abandonar el Sitio. Cada vez que accede al Sitio, declara que cumple ese estándar, que no se encuentra en una jurisdicción en la que este acceso sea ilícito y que no transmitirá el Sitio a dicha jurisdicción, y que cualquier información que nos facilite sobre usted o su organización es exacta." },
        { heading: "4. Sin oferta ni captación", body: "Nada en el Sitio constituye una oferta de venta ni una solicitud de oferta de compra de ningún valor, participación o producto de inversión, ni un folleto, memorando de colocación privada u otro documento de oferta. Ninguna oferta de participaciones en Folclore Latin Fund I o en cualquier otro vehículo se realizará salvo en virtud de documentos de oferta confidenciales definitivos, y únicamente a personas que cumplan los requisitos aplicables de cualificación, sofisticación y jurisdicción. Cualquier oferta, de realizarse, se hará al amparo de exenciones de registro, incluso, en los Estados Unidos, las previstas en la Securities Act de 1933 y la Investment Company Act de 1940. Las participaciones no estarán registradas conforme a esas leyes, y no debe esperarse un mercado público para ellas. Ninguna autoridad de valores —incluida la SEC de los Estados Unidos, la CVM de Brasil o la FINMA de Suiza— ha aprobado o desaprobado la información de este Sitio. No nos comprometemos a poner el Sitio, ni fondo alguno, a disposición en una jurisdicción determinada." },
        { heading: "5. Dónde no puede enviarse esta información", body: "El Sitio no se dirige a ninguna persona en una jurisdicción donde su publicación o su acceso sería contrario a la ley local o exigiría un registro, licencia o presentación que no hayamos efectuado. En el Reino Unido, el contenido se dirige únicamente a personas con experiencia profesional en materia de inversiones y a aquellas a quienes pueda comunicarse lícitamente conforme a la Financial Services and Markets Act 2000 (Financial Promotion) Order 2005. Usted es responsable de determinar si puede acceder lícitamente al Sitio. No puede copiar, reenviar ni distribuir de otro modo ninguna página o material del Sitio a una persona que no esté autorizada a recibirlo, ni hacia una jurisdicción en la que esa distribución sea ilícita. Podemos denegar el acceso desde cualquier jurisdicción, o a cualquier persona, a la que decidamos no ofrecer el Sitio." },
        { heading: "6. Sin asesoramiento y sin confianza", body: "El contenido del Sitio tiene carácter meramente informativo. No es asesoramiento de inversión, jurídico, fiscal, contable ni de otro tipo profesional, y no es una recomendación de comprar, vender o mantener ningún valor ni de seguir estrategia alguna. No debe basarse en él para tomar una decisión. Consulte a sus propios asesores cualificados. No tenemos obligación de actualizar el Sitio, y la información puede ser incompleta, resumida o estar desactualizada." },
        { heading: "7. Rentabilidad, objetivos y modelos", body: "La rentabilidad pasada no es indicativa de resultados futuros. Cualquier rentabilidad objetivo, proyección, caso o cifra de cartera es ilustrativa, no constituye una promesa ni una garantía, y puede no reflejar comisiones, gastos, impuestos o condiciones de mercado reales. Los modelos financieros de la sala de datos, incluidos los modelos de rentabilidad del fondo y de inversión, son herramientas hipotéticas para la discusión con inversores cualificados. No son previsiones. Las cifras brutas, cuando se muestran, no reflejan comisiones de gestión, carried interest ni gastos, que reducen la rentabilidad. Una inversión en un fondo privado entraña un alto grado de riesgo, incluida la pérdida de la totalidad del compromiso, la iliquidez y el apalancamiento. Antes de cualquier decisión de inversión debe leer los documentos de oferta correspondientes, incluidos los factores de riesgo." },
        { heading: "8. Sala de datos y confidencialidad", body: "Ciertos materiales solo están disponibles después de que concedamos acceso, incluso a través del inicio de sesión para socios comanditarios. Las credenciales son personales, intransferibles y deben mantenerse confidenciales. No puede compartir un acceso, captura de pantalla, descarga o extracto con nadie que no haya sido autorizado por separado por nosotros. Los materiales de la sala de datos son confidenciales, se facilitan únicamente para la evaluación del destinatario autorizado y no pueden reproducirse, publicarse ni distribuirse, total o parcialmente, sin nuestro consentimiento previo por escrito. Puede compartirlos con sus asesores profesionales sujetos a obligaciones de confidencialidad equivalentes y que los necesiten para asesorarle. Podemos denegar, suspender o revocar el acceso en cualquier momento, sin previo aviso, y exigir la devolución o destrucción de los materiales. El acceso o la redistribución no autorizados constituyen un incumplimiento esencial de estos Términos." },
        { heading: "9. Propiedad intelectual", body: "El Sitio y su contenido —incluidos textos, gráficos, logotipos, fotografías, maquetación, modelos y software— son propiedad de Folclore o de sus licenciantes y están protegidos por las leyes de propiedad intelectual e industrial. Le concedemos una licencia limitada, revocable y no exclusiva para acceder al Sitio y visualizarlo para su propio uso informativo interno, con sujeción a estos Términos. No puede copiar, extraer de forma automatizada, enmarcar, replicar, modificar ni crear obras derivadas del Sitio, ni usar ningún nombre o signo de Folclore, salvo con nuestro consentimiento previo por escrito o cuando la ley lo permita de forma expresa. Todos los derechos no concedidos expresamente quedan reservados." },
        { heading: "10. Uso aceptable", body: "Usted se compromete a no utilizar el Sitio de un modo que infrinja la ley o derechos de terceros, ni a intentar sondear, explorar o vulnerar la seguridad o los controles de acceso del Sitio. No puede introducir software malicioso, sobrecargar el Sitio ni falsear su identidad o su condición de inversor al solicitar información o acceso. No puede emplear medios automatizados para recopilar contenido del Sitio. Podemos investigar los incumplimientos y cooperar con las autoridades." },
        { heading: "11. Sitios de terceros", body: "El Sitio puede enlazar a sitios de terceros, incluido el podcast Titans of Luxury. Esos sitios no están bajo nuestro control. Un enlace no implica respaldo, y no somos responsables de su contenido, condiciones o prácticas de privacidad." },
        { heading: "12. Exclusión de garantías", body: "El Sitio se facilita “tal cual” y “según disponibilidad”. En la máxima medida permitida por la ley, Folclore excluye toda garantía, expresa o implícita, incluidas las de exactitud, integridad, comerciabilidad, idoneidad para un fin determinado, titularidad y no infracción, así como cualquier garantía de que el Sitio será ininterrumpido, seguro o libre de errores." },
        { heading: "13. Limitación de responsabilidad", body: "En la máxima medida permitida por la ley, Folclore y sus socios, directivos, empleados, agentes y afiliadas no serán responsables de daños indirectos, incidentales, especiales, consecuentes, ejemplares o punitivos, ni de la pérdida de beneficios, datos, fondo de comercio u oportunidad de inversión, que se deriven del Sitio o de estos Términos, ya sea por contrato, responsabilidad extracontractual u otra causa, incluso si se advirtió de su posibilidad. Nuestra responsabilidad agregada por cualquier reclamación derivada del Sitio no excederá de cien dólares estadounidenses (100 USD), salvo que una ley imperativa no permita ese límite. Nada en estos Términos excluye una responsabilidad que no pueda excluirse legalmente, incluido el dolo, ni ningún derecho irrenunciable que le corresponda como consumidor allí donde tal derecho aplique. El Sitio no se dirige a consumidores." },
        { heading: "14. Indemnización", body: "Usted indemnizará y mantendrá indemnes a Folclore y a sus socios, directivos, empleados, agentes y afiliadas frente a cualquier reclamación, pérdida, responsabilidad y gasto legal razonable derivados de su uso del Sitio, del incumplimiento de estos Términos, de la redistribución de materiales del Sitio o de la sala de datos, o de la infracción de la ley o de derechos de terceros." },
        { heading: "15. Suspensión y terminación", body: "Podemos suspender o interrumpir el Sitio, o cualquier parte de él, o terminar su acceso, en cualquier momento. Las disposiciones que por su naturaleza deban sobrevivir —incluidas la confidencialidad, la propiedad intelectual, las exclusiones, la limitación de responsabilidad, la indemnización y la ley aplicable— sobrevivirán." },
        { heading: "16. Ley aplicable y controversias", body: "Estos Términos se rigen por las leyes del Estado de Nueva York, sin atención a sus normas de conflicto de leyes. Con sujeción a cualquier derecho irrenunciable de reclamar en otro lugar, los tribunales estatales y federales del condado de Nueva York tendrán jurisdicción exclusiva sobre las controversias derivadas de estos Términos o del Sitio, y usted consiente esa jurisdicción y competencia. Usted y Folclore renuncian a cualquier derecho a un juicio con jurado en tal controversia, en la medida en que esa renuncia sea exigible. Nada en estos Términos limita una norma imperativa de protección del inversor del lugar donde usted resida, en la medida en que esa norma no pueda excluirse por contrato. Estos Términos rigen únicamente el Sitio. No modifican ningún contrato de sociedad limitada, documento de suscripción, side letter u otro contrato que usted celebre con un vehículo de Folclore." },
        { heading: "17. Disposiciones generales", body: "Si alguna disposición de estos Términos se declara inaplicable, las demás permanecerán en vigor. El hecho de que no exijamos el cumplimiento de una disposición no constituye renuncia. Estos Términos constituyen el acuerdo íntegro entre usted y Folclore respecto del Sitio. Usted no puede ceder estos Términos. Nosotros podemos cederlos a una afiliada o sucesora. Los encabezados se incluyen solo por conveniencia. La versión en inglés de estos Términos es la que prevalece. Cualquier traducción se ofrece únicamente por conveniencia; si contradice el texto en inglés, prevalece el texto en inglés." },
        { heading: "18. Contacto", body: "Las consultas sobre estos Términos pueden dirigirse a hello@folclore.capital. Folclore Capital Partners — Nueva York, Río de Janeiro y Zúrich." },
      ],
    },
    login: {
      eyebrow: "Socios Comanditarios",
      title: "Sala de Datos",
      termsBefore: "El acceso está sujeto a nuestros ",
      termsLink: "Términos y Condiciones",
      termsAfter: ". Los materiales de la sala de datos son confidenciales y no pueden copiarse ni redistribuirse.",
      emailLabel: "Correo electrónico",
      submit: "Enviar enlace mágico",
      sending: "Enviando…",
      checking: "Comprobando acceso…",
      checkEmail: "Revise {email} para un enlace de acceso. El enlace caduca en 24 horas y es de un solo uso. Si tiene algún problema, contáctenos en support@folclore.capital.",
      useDifferentEmail: "Usar otro correo",
      unauthorized: "Este correo no está autorizado para la sala de datos. Escriba a support@folclore.capital si necesita acceso.",
      error: "No pudimos enviar el enlace. Verifique el correo e inténtelo de nuevo.",
      back: "Volver al sitio público",
      confidentiality: {
        eyebrow: "Folclore Latin Fund I",
        title: "Recordatorio de confidencialidad",
        body: [
          "Los materiales de esta sala de datos son confidenciales. Se facilitan únicamente para su evaluación y no pueden reproducirse, publicarse ni distribuirse, en todo o en parte, sin nuestro consentimiento previo por escrito.",
          "Si necesita invitar a un asesor profesional a revisar materiales, solicite el acceso en support@folclore.capital y recibirá una invitación. Su acceso es personal e intransferible.",
        ],
        termsBefore: "Este recordatorio acompaña nuestros ",
        termsLink: "Términos y Condiciones",
        termsAfter: ".",
        checkbox: "Entiendo que estos materiales son confidenciales y acepto mantenerlos como tales.",
        enter: "Entrar en la sala de datos",
        decline: "Ahora no",
      },
    },
    portal: {
      eyebrow: "Socios Comanditarios",
      title: "Elija una sala",
      intro: "Tiene dos salas abiertas. Seleccione una para continuar.",
      welcomeLabel: "Nota de bienvenida",
      welcomeBody: "Bienvenido. Nos alegra que esté aquí. Estas salas reúnen a la firma y a Folclore Latin Fund I. Elija la que vino a ver, y le pedimos que conserve para usted lo que lea.",
      welcomeSign: "Nick & Dolly",
      generalEyebrow: "La firma",
      generalTitle: "Información general del fondo",
      generalSubtitle: "Quiénes somos",
      generalBody: "La sociedad, la misión y la forma en que Folclore invierte.",
      fundEyebrow: "Fund I",
      fundTitle: "Folclore Latin Fund I Data Room",
      fundBody: "Materiales de oferta, modelos, cartera e informes confidenciales.",
      enter: "Entrar",
      allRooms: "Todas las salas",
      signOut: "Cerrar sesión",
      generalBadge: "Información general del fondo",
      generalName: "Quiénes somos",
      generalIntro: "Folclore Capital Partners. La sociedad detrás de Folclore Latin Fund I.",
    },
    team: {
      eyebrow: "Equipo",
      heading: "Los custodios del Fund I.",
      standfirst: "Folclore está dirigida por una pequeña sociedad con raíces profundas en las Américas.",
      comingSoon: "Biografía próximamente.",
      bioDownload: "Descargar biografía",
      members: [
        {
          name: "Nick Walker",
          role: "Cofundador · Socio Director",
          place: "Nueva York",
          bio: TEAM_BIOS.nick.bio,
          linkedin: TEAM_BIOS.nick.linkedin,
        },
        {
          name: "Dolly Moorhead",
          role: "Cofundadora · Socia · Directora de Relaciones con Inversores",
          place: "Nueva York",
          bio: TEAM_BIOS.dolly.bio,
          linkedin: TEAM_BIOS.dolly.linkedin,
        },
        {
          name: "Henrique Lamim, CFA",
          role: "Socio",
          place: "Río de Janeiro",
          bio: TEAM_BIOS.henrique.bio,
          linkedin: TEAM_BIOS.henrique.linkedin,
        },
      ],
      advisorsLabel: "Asesores",
      advisors: [
        {
          name: "Camila Pierotti",
          role: "Asesora",
          place: "Nueva York",
          bio: TEAM_BIOS.camila.bio,
          linkedin: TEAM_BIOS.camila.linkedin,
        },
        {
          name: "Denis O’Flynn O’Brien",
          role: "Asesor",
          place: "Filadelfia",
          linkedin: TEAM_BIOS.denis.linkedin,
        },
        {
          name: "Michele Levy",
          role: "Asesora",
          place: "Nueva York",
          linkedin: TEAM_BIOS.michele.linkedin,
        },
      ],
      closing: "Para consultas de prensa, ponencias y alianzas, le invitamos a",
      closingLink: "ponerse en contacto.",
    },
    dataroom: {
      mobileNotice: {
        kicker: "En un teléfono",
        title: "Mejor en un ordenador o un iPad",
        body: "Esta data room se lee y se usa con más facilidad en un ordenador o en un iPad.",
        follow: "Si encuentra un problema importante, o si desea una experiencia más adaptada al móvil, póngase en contacto con nosotros.",
        continueLabel: "Continuar",
      },
      access: {
        loggedInAs: "Ha iniciado sesión como {email}",
        yourLevel: "Su nivel de acceso es el Nivel {level} — {name}",
        levelPill: "Nivel {level} · {name}",
        upgradeAccess: "Elevar el acceso",
        upgradeTo: "Para alcanzar el Nivel {level} — {name}",
        upgradeCta: "Elevar · {action}",
        laterCta: "Después · {action}",
        nextBadge: "Su siguiente paso",
        panelTitle: "Su acceso",
        panelIntro: "Los materiales se abren por nivel. Firme un NDA, programe una llamada o solicite una invitación para avanzar. Elevamos su nivel después de cada paso.",
        currentBadge: "Su nivel",
        lockEyebrow: "Restringido",
        lockTitle: "Nivel {level} — {name}",
        signNda: "Firmar el NDA",
        ndaNote: "El acceso se eleva cuando recibamos el NDA firmado.",
        ndaCopyLink: "Ver y descargar una copia del NDA",
        scheduleCall: "Programar una llamada",
        byInvitation: "Solo por invitación",
        invitationNote: "Si cree que debería tener este acceso, escriba a support@folclore.capital o al socio director con quien trabaja.",
        levels: [
          {
            id: 1,
            name: "Acceso inicial",
            audience: "Para prospectos que han expresado interés.",
            materials: "Resumen del fondo, presentación de inversión, biografías del equipo, términos y estrategia de alto nivel.",
          },
          {
            id: 2,
            name: "Diligencia de LP cualificado",
            audience: "Para inversores en diligencia.",
            materials: "Modelo del fondo, estrategia detallada, memorando de inversión de muestra, evidencia de track record, construcción de cartera y términos legales preliminares.",
          },
          {
            id: 3,
            name: "Diligencia avanzada",
            audience: "Para LPs serios y sus asesores autorizados.",
            materials: "Atribución detallada, DDQ y ODD completos, información financiera sensible, documentación de proveedores, borrador de LPA y materiales de cumplimiento.",
          },
          {
            id: 4,
            name: "Restringido o específico de transacción",
            audience: "Solo cuando el acceso esté justificado.",
            materials: "Datos confidenciales de compañías de cartera, información sensible de terceros, documentos de transacción, incorporación de LPs y otros materiales restringidos.",
          },
        ],
      },
    },
    rights: "© 2026 Folclore Capital Partners",
  },

  pt: {
    name: "Português", short: "PT", dir: "ltr",
    nav: { mission: "Missão", contact: "Contato", more: "Mais", team: "Equipe", podcast: "Podcast", login: "Acesso LP" },
    footer: { terms: "Termos e Condições" },
    hero: {
      eyebrow: "Folclore Latin Fund I",
      headline: "Herança, mantida a um padrão superior.",
      cta: "Conheça nossa missão",
      footnote: "Novo Luxo Mundial · As Américas",
    },
    mission: {
      eyebrow: "Nossa Missão",
      body: [
        "No Folclore Latin Fund I, somos pioneiros em investimentos transformadores de private equity nos mercados mais dinâmicos da América Latina. Nossa profunda experiência regional e compreensão cultural nos permitem identificar oportunidades excepcionais onde outros veem complexidade.",
        "Fazemos parcerias com empreendedores visionários e empresas estabelecidas, fornecendo não apenas capital, mas também orientação estratégica para desbloquear um valor sem precedentes. Nossa abordagem combina rigor institucional com visão local, criando um crescimento sustentável que beneficia todas as partes interessadas.",
        "Através de estratégias de investimento disciplinadas e excelência operacional, construímos empresas duradouras que moldam o futuro do comércio latino-americano, proporcionando retornos superiores aos nossos parceiros limitados.",
      ],
      caption: "O atelier — onde a procedência é feita, não fabricada.",
    },
    contact: {
      eyebrow: "Contato", heading: "Fale conosco",
      note: "Disponível para investidores institucionais qualificados e family offices.",
      offices: "Nova York · Rio de Janeiro · Zurique",
    },
    terms: {
      eyebrow: "Legal", title: "Termos e Condições",
      updated: "Última atualização: outubro de 2026",
      placeholder: "Aviso importante. Este site é publicado apenas para informação geral. Ele não constitui oferta de venda nem solicitação de oferta de compra de qualquer valor mobiliário ou de qualquer participação no Folclore Latin Fund I ou em qualquer outro veículo. É dirigido exclusivamente a investidores institucionais qualificados e family offices. Se você não for uma dessas pessoas, ou se a lei da sua jurisdição não permitir que você receba estas informações, não use este site e não o compartilhe.",
      sections: [
        { heading: "1. As partes", body: "Estes Termos e Condições (“Termos”) regem seu acesso e uso de folclore.capital e das páginas e materiais disponibilizados por meio dele, inclusive qualquer data room de parceiros limitados (em conjunto, o “Site”). O Site é operado pela Folclore Capital Partners (“Folclore”, “nós”). Quando o contexto exigir, as referências à Folclore incluem suas afiliadas e os veículos de investimento que administram ou assessoram, inclusive o Folclore Latin Fund I. “Você” é a pessoa que acessa o Site e, se o fizer em nome de uma organização, essa organização." },
        { heading: "2. Aceitação", body: "Ao acessar o Site, você concorda com estes Termos. Se não concordar, não utilize o Site. Podemos atualizar estes Termos publicando uma versão revisada e alterando a data indicada acima. O uso continuado após uma atualização constitui aceitação dos Termos revisados. Se você utilizar o Site em nome de uma organização, declara que tem autoridade para vinculá-la." },
        { heading: "3. Quem pode usar o Site", body: "O Site destina-se exclusivamente a investidores institucionais qualificados, family offices e outras pessoas a quem a lei aplicável permita receber informações sobre fundos privados. Nos Estados Unidos, isso significa pessoas que sejam accredited investors e, quando exigido, qualified purchasers. No Espaço Econômico Europeu e no Reino Unido, o Site dirige-se apenas a clientes profissionais e contrapartes elegíveis, e não a clientes de varejo. No Brasil, dirige-se apenas a investidores qualificados e investidores profissionais. Na Suíça, dirige-se apenas a investidores qualificados. Se você não atender ao padrão que lhe for aplicável, deve deixar o Site. Cada vez que acessa o Site, você declara que atende a esse padrão, que não se encontra em jurisdição na qual esse acesso seja ilícito e que não transmitirá o Site a tal jurisdição, e que qualquer informação que nos fornecer sobre você ou sua organização é exata." },
        { heading: "4. Sem oferta ou solicitação", body: "Nada no Site constitui oferta de venda ou solicitação de oferta de compra de qualquer valor mobiliário, participação ou produto de investimento, nem prospecto, memorando de colocação privada ou outro documento de oferta. Nenhuma oferta de participações no Folclore Latin Fund I ou em qualquer outro veículo será feita senão com base em documentos de oferta confidenciais definitivos, e somente a pessoas que atendam aos requisitos aplicáveis de qualificação, sofisticação e jurisdição. Qualquer oferta, se realizada, será feita com base em isenções de registro, inclusive, nos Estados Unidos, as isenções da Securities Act de 1933 e da Investment Company Act de 1940. Essas participações não serão registradas segundo essas leis, e não se deve esperar um mercado público para elas. Nenhuma autoridade de valores — inclusive a SEC dos Estados Unidos, a CVM do Brasil ou a FINMA da Suíça — aprovou ou desaprovou as informações deste Site. Não nos comprometemos a disponibilizar o Site, nem qualquer fundo, em uma jurisdição específica." },
        { heading: "5. Para onde estas informações não podem ser enviadas", body: "O Site não se dirige a qualquer pessoa em jurisdição na qual sua publicação, ou o seu acesso a ele, seja contrário à lei local ou exija registro, licença ou protocolo que não tenhamos feito. No Reino Unido, este conteúdo dirige-se apenas a pessoas com experiência profissional em matéria de investimentos e a outras pessoas às quais possa ser comunicado licitamente nos termos da Financial Services and Markets Act 2000 (Financial Promotion) Order 2005. Você é responsável por saber se pode acessar o Site licitamente. Você não pode copiar, encaminhar ou de outro modo distribuir qualquer página ou material do Site a pessoa que não esteja autorizada a recebê-lo, nem para jurisdição em que essa distribuição seja ilícita. Podemos recusar o acesso a partir de qualquer jurisdição, ou a qualquer pessoa, em relação à qual decidamos não disponibilizar o Site." },
        { heading: "6. Sem aconselhamento e sem confiança", body: "O conteúdo do Site é apenas informativo. Não constitui aconselhamento de investimento, jurídico, fiscal, contábil ou de outra natureza profissional, e não é recomendação para comprar, vender ou manter qualquer valor mobiliário ou para seguir qualquer estratégia. Não se baseie nele para tomar uma decisão. Consulte seus próprios assessores qualificados. Não temos o dever de atualizar o Site, e as informações podem estar incompletas, resumidas ou desatualizadas." },
        { heading: "7. Desempenho, metas e modelos", body: "O desempenho passado não é indicativo de resultados futuros. Qualquer retorno-alvo, projeção, estudo de caso ou número de portfólio é ilustrativo. Não é promessa nem garantia, e pode não refletir taxas, despesas, tributos ou condições de mercado reais. Os modelos financeiros da data room, inclusive os modelos de retorno do fundo e de investimento, são ferramentas hipotéticas para discussão com investidores qualificados. Não são previsões. Os valores brutos, quando apresentados, não refletem taxa de administração, carried interest nem despesas, que reduzem os retornos. Um investimento em fundo privado envolve alto grau de risco, inclusive a perda de todo o compromisso, iliquidez e alavancagem. Leia os documentos de oferta pertinentes, inclusive os fatores de risco, antes de qualquer decisão de investimento." },
        { heading: "8. Data room e confidencialidade", body: "Alguns materiais ficam disponíveis somente depois que concedemos acesso, inclusive pelo login de parceiros limitados. As credenciais são pessoais, intransferíveis e devem ser mantidas em sigilo. Você não pode compartilhar um login, captura de tela, download ou trecho com quem não tenhamos autorizado separadamente. Os materiais da data room são confidenciais. São fornecidos apenas para avaliação do destinatário autorizado e não podem ser reproduzidos, publicados ou distribuídos, no todo ou em parte, sem nosso consentimento prévio por escrito. Você pode compartilhá-los com seus assessores profissionais que estejam sujeitos a obrigações equivalentes de confidencialidade e que precisem deles para assessorá-lo. Podemos recusar, suspender ou revogar o acesso a qualquer momento, sem aviso, e podemos exigir a devolução ou a destruição dos materiais. O acesso ou a redistribuição não autorizados constituem violação relevante destes Termos." },
        { heading: "9. Propriedade intelectual", body: "O Site e seu conteúdo — inclusive textos, gráficos, logotipos, fotografias, layout, modelos e software — pertencem à Folclore ou a seus licenciadores e são protegidos pelas leis de propriedade intelectual. Concedemos a você uma licença limitada, revogável e não exclusiva para acessar e visualizar o Site para sua própria informação interna, sujeita a estes Termos. Você não pode copiar, extrair de forma automatizada, emoldurar, espelhar, modificar ou criar obras derivadas do Site, nem usar qualquer nome ou marca da Folclore, exceto com nosso consentimento prévio por escrito ou quando a lei o permitir expressamente. Todos os direitos não concedidos expressamente são reservados." },
        { heading: "10. Uso aceitável", body: "Você não usará o Site de modo que viole a lei ou direitos de terceiros, e não sondará, vasculhará nem tentará violar a segurança ou os controles de acesso do Site. Você não pode introduzir malware, sobrecarregar o Site nem falsear sua identidade ou sua condição de investidor ao solicitar informações ou acesso. Você não pode usar meios automatizados para coletar conteúdo do Site. Podemos investigar violações e cooperar com as autoridades." },
        { heading: "11. Sites de terceiros", body: "O Site pode remeter a sites de terceiros, inclusive o podcast Titans of Luxury. Não controlamos esses sites. Um link não é endosso, e não somos responsáveis por seu conteúdo, termos ou práticas de privacidade." },
        { heading: "12. Exclusão de garantias", body: "O Site é fornecido “no estado em que se encontra” e “conforme disponível”. Na máxima extensão permitida por lei, a Folclore exclui todas as garantias, expressas ou implícitas, inclusive garantias de exatidão, integralidade, comerciabilidade, adequação a uma finalidade específica, titularidade e não violação, e qualquer garantia de que o Site será ininterrupto, seguro ou livre de erros." },
        { heading: "13. Limitação de responsabilidade", body: "Na máxima extensão permitida por lei, a Folclore e seus sócios, diretores, empregados, agentes e afiliadas não serão responsáveis por danos indiretos, incidentais, especiais, consequenciais, exemplares ou punitivos, nem por perda de lucros, dados, fundo de comércio ou oportunidade de investimento, decorrentes do Site ou destes Termos, seja por contrato, responsabilidade civil ou de outro modo, ainda que avisados da possibilidade. Nossa responsabilidade agregada por qualquer reclamação decorrente do Site não excederá cem dólares dos Estados Unidos (US$ 100), salvo quando lei cogente não permitir esse limite. Nada nestes Termos exclui responsabilidade que não possa ser legalmente excluída, inclusive por dolo ou conduta intencional, nem qualquer direito irrenunciável que você tenha como consumidor onde tal direito se aplique. O Site não se dirige a consumidores." },
        { heading: "14. Indenização", body: "Você indenizará e isentará a Folclore e seus sócios, diretores, empregados, agentes e afiliadas de qualquer reclamação, perda, responsabilidade e despesa jurídica razoável decorrente do seu uso do Site, da violação destes Termos, da redistribuição de materiais do Site ou da data room, ou da violação da lei ou de direitos de terceiros." },
        { heading: "15. Suspensão e término", body: "Podemos suspender ou descontinuar o Site, ou qualquer parte dele, e podemos encerrar seu acesso, a qualquer momento. As disposições que por sua natureza devam sobreviver — inclusive confidencialidade, propriedade intelectual, exclusões, limitação de responsabilidade, indenização e lei aplicável — sobreviverão." },
        { heading: "16. Lei aplicável e disputas", body: "Estes Termos são regidos pelas leis do Estado de Nova York, sem consideração a suas regras de conflito de leis. Sujeito a qualquer direito irrenunciável de propor ação em outro foro, os tribunais estaduais e federais situados no condado de Nova York têm jurisdição exclusiva sobre disputas decorrentes destes Termos ou do Site, e você consente com essa jurisdição e foro. Você e a Folclore renunciam a qualquer direito a julgamento por júri em tal disputa, na medida em que a renúncia seja exigível. Nada nestes Termos limita norma cogente de proteção do investidor do lugar onde você reside, na medida em que essa norma não possa ser afastada por contrato. Estes Termos regem apenas o Site. Eles não alteram qualquer contrato de sociedade limitada, documento de subscrição, side letter ou outro contrato que você venha a celebrar com um veículo da Folclore." },
        { heading: "17. Disposições gerais", body: "Se uma disposição destes Termos for considerada inexequível, as demais continuarão em vigor. O fato de não exigirmos o cumprimento de uma disposição não é renúncia. Estes Termos constituem o acordo integral entre você e a Folclore a respeito do Site. Você não pode ceder estes Termos. Nós podemos cedê-los a uma afiliada ou sucessora. Os títulos existem apenas por conveniência. A versão em inglês destes Termos prevalece. Qualquer tradução é fornecida por conveniência; se conflitar com o texto em inglês, prevalece o texto em inglês." },
        { heading: "18. Contato", body: "Dúvidas sobre estes Termos podem ser dirigidas a hello@folclore.capital. Folclore Capital Partners — Nova York, Rio de Janeiro e Zurique." },
      ],
    },
    login: {
      eyebrow: "Parceiros Limitados",
      title: "Data Room",
      termsBefore: "O acesso está sujeito aos nossos ",
      termsLink: "Termos e Condições",
      termsAfter: ". Os materiais da data room são confidenciais e não podem ser copiados nem redistribuídos.",
      emailLabel: "E-mail",
      submit: "Enviar link mágico",
      sending: "Enviando…",
      checking: "Verificando acesso…",
      checkEmail: "Verifique {email} para um link de acesso. O link expira em 24 horas e é de uso único. Se tiver algum problema, entre em contato conosco em support@folclore.capital.",
      useDifferentEmail: "Usar outro e-mail",
      unauthorized: "Este e-mail não está autorizado para a data room. Entre em contato com support@folclore.capital se precisar de acesso.",
      error: "Não foi possível enviar o link. Verifique o e-mail e tente novamente.",
      back: "Voltar ao site público",
      confidentiality: {
        eyebrow: "Folclore Latin Fund I",
        title: "Lembrete de confidencialidade",
        body: [
          "Os materiais desta data room são confidenciais. São fornecidos apenas para a sua avaliação e não podem ser reproduzidos, publicados ou distribuídos, no todo ou em parte, sem o nosso consentimento prévio por escrito.",
          "Se precisar convidar um assessor profissional para revisar materiais, solicite o acesso em support@folclore.capital e ele receberá um convite. Seu acesso é pessoal e intransferível.",
        ],
        termsBefore: "Este lembrete acompanha os nossos ",
        termsLink: "Termos e Condições",
        termsAfter: ".",
        checkbox: "Entendo que estes materiais são confidenciais e concordo em mantê-los como tais.",
        enter: "Entrar na data room",
        decline: "Agora não",
      },
    },
    portal: {
      eyebrow: "Parceiros Limitados",
      title: "Escolha uma sala",
      intro: "Duas salas estão abertas para você. Selecione uma para continuar.",
      welcomeLabel: "Nota de boas-vindas",
      welcomeBody: "Bem-vindo. Ficamos felizes por você estar aqui. Estas salas reúnem a firma e o Folclore Latin Fund I. Escolha a que veio ver e, por favor, guarde para si o que ler.",
      welcomeSign: "Nick & Dolly",
      generalEyebrow: "A firma",
      generalTitle: "Informações gerais do fundo",
      generalSubtitle: "Quem somos",
      generalBody: "A sociedade, a missão e a forma como a Folclore investe.",
      fundEyebrow: "Fund I",
      fundTitle: "Folclore Latin Fund I Data Room",
      fundBody: "Materiais de oferta, modelos, portfólio e relatórios confidenciais.",
      enter: "Entrar",
      allRooms: "Todas as salas",
      signOut: "Sair",
      generalBadge: "Informações gerais do fundo",
      generalName: "Quem somos",
      generalIntro: "Folclore Capital Partners. A sociedade por trás do Folclore Latin Fund I.",
    },
    team: {
      eyebrow: "Equipe",
      heading: "Os guardiões do Fund I.",
      standfirst: "A Folclore é liderada por uma pequena sociedade com raízes profundas nas Américas.",
      comingSoon: "Biografia em breve.",
      bioDownload: "Baixar biografia",
      members: [
        {
          name: "Nick Walker",
          role: "Cofundador · Sócio-Diretor",
          place: "Nova York",
          bio: TEAM_BIOS.nick.bio,
          linkedin: TEAM_BIOS.nick.linkedin,
        },
        {
          name: "Dolly Moorhead",
          role: "Cofundadora · Sócia · Diretora de Relações com Investidores",
          place: "Nova York",
          bio: TEAM_BIOS.dolly.bio,
          linkedin: TEAM_BIOS.dolly.linkedin,
        },
        {
          name: "Henrique Lamim, CFA",
          role: "Sócio",
          place: "Rio de Janeiro",
          bio: TEAM_BIOS.henrique.bio,
          linkedin: TEAM_BIOS.henrique.linkedin,
        },
      ],
      advisorsLabel: "Assessores",
      advisors: [
        {
          name: "Camila Pierotti",
          role: "Assessora",
          place: "Nova York",
          bio: TEAM_BIOS.camila.bio,
          linkedin: TEAM_BIOS.camila.linkedin,
        },
        {
          name: "Denis O’Flynn O’Brien",
          role: "Assessor",
          place: "Filadélfia",
          linkedin: TEAM_BIOS.denis.linkedin,
        },
        {
          name: "Michele Levy",
          role: "Assessora",
          place: "Nova York",
          linkedin: TEAM_BIOS.michele.linkedin,
        },
      ],
      closing: "Para imprensa, palestras e parcerias, por favor",
      closingLink: "fale conosco.",
    },
    dataroom: {
      mobileNotice: {
        kicker: "No telefone",
        title: "Melhor no computador ou no iPad",
        body: "Esta data room é mais fácil de ler e usar em um computador ou em um iPad.",
        follow: "Se encontrar um problema importante, ou se quiser uma experiência mais adequada ao celular, entre em contato conosco.",
        continueLabel: "Continuar",
      },
      access: {
        loggedInAs: "Você está conectado como {email}",
        yourLevel: "Seu nível de acesso é o Nível {level} — {name}",
        levelPill: "Nível {level} · {name}",
        upgradeAccess: "Elevar o acesso",
        upgradeTo: "Para chegar ao Nível {level} — {name}",
        upgradeCta: "Elevar · {action}",
        laterCta: "Depois · {action}",
        nextBadge: "Seu próximo passo",
        panelTitle: "Seu acesso",
        panelIntro: "Os materiais abrem por nível. Assine um NDA, agende uma chamada ou peça um convite para avançar. Elevamos seu nível após cada etapa.",
        currentBadge: "Seu nível",
        lockEyebrow: "Restrito",
        lockTitle: "Nível {level} — {name}",
        signNda: "Assinar o NDA",
        ndaNote: "O acesso é elevado depois que recebermos o NDA assinado.",
        ndaCopyLink: "Ver e baixar uma cópia do NDA",
        scheduleCall: "Agendar uma chamada",
        byInvitation: "Somente por convite",
        invitationNote: "Se acredita que deveria ter este acesso, escreva para support@folclore.capital ou para o sócio-diretor com quem trabalha.",
        levels: [
          {
            id: 1,
            name: "Acesso inicial",
            audience: "Para prospects que expressaram interesse.",
            materials: "Visão geral do fundo, apresentação de investimento, biografias da equipe, termos e estratégia de alto nível.",
          },
          {
            id: 2,
            name: "Diligência de LP qualificado",
            audience: "Para investidores em diligência.",
            materials: "Modelo do fundo, estratégia detalhada, memorando de investimento amostral, evidência de track record, construção de portfólio e termos legais preliminares.",
          },
          {
            id: 3,
            name: "Diligência avançada",
            audience: "Para LPs sérios e seus assessores autorizados.",
            materials: "Atribuição detalhada, DDQ e ODD completos, informações financeiras sensíveis, documentação de prestadores, minuta de LPA e materiais de compliance.",
          },
          {
            id: 4,
            name: "Restrito ou específico de transação",
            audience: "Somente quando o acesso for justificado.",
            materials: "Dados confidenciais de empresas do portfólio, informações sensíveis de terceiros, documentos de transação, onboarding de LPs e outros materiais restritos.",
          },
        ],
      },
    },
    rights: "© 2026 Folclore Capital Partners",
  },

  fr: {
    name: "Français", short: "FR", dir: "ltr",
    nav: { mission: "Mission", contact: "Contact", more: "Plus", team: "Équipe", podcast: "Podcast", login: "Accès LP" },
    footer: { terms: "Conditions Générales" },
    hero: {
      eyebrow: "Folclore Latin Fund I",
      headline: "Le patrimoine, tenu au plus haut standard.",
      cta: "Découvrir notre mission",
      footnote: "Nouveau Luxe Mondial · Les Amériques",
    },
    mission: {
      eyebrow: "Notre Mission",
      body: [
        "Chez Folclore Latin Fund I, nous sommes pionniers dans les investissements en capital-investissement transformateurs à travers les marchés les plus dynamiques d'Amérique latine. Notre profonde expertise régionale et notre compréhension culturelle nous permettent d'identifier des opportunités exceptionnelles là où d'autres voient de la complexité.",
        "Nous nous associons à des entrepreneurs visionnaires et des entreprises établies, fournissant non seulement du capital mais aussi des conseils stratégiques pour libérer une valeur sans précédent. Notre approche combine rigueur institutionnelle et connaissance locale, créant une croissance durable qui profite à toutes les parties prenantes.",
        "Grâce à des stratégies d'investissement disciplinées et à l'excellence opérationnelle, nous construisons des entreprises durables qui façonnent l'avenir du commerce latino-américain tout en offrant des rendements supérieurs à nos commanditaires.",
      ],
      caption: "L'atelier — où la provenance se façonne, ne se fabrique pas.",
    },
    contact: {
      eyebrow: "Contact", heading: "Entrons en contact",
      note: "Réservé aux investisseurs institutionnels qualifiés et family offices.",
      offices: "New York · Rio de Janeiro · Zurich",
    },
    terms: {
      eyebrow: "Juridique", title: "Conditions Générales",
      updated: "Dernière mise à jour : octobre 2026",
      placeholder: "Avis important. Ce site est publié à titre d'information générale uniquement. Il ne constitue pas une offre de vente, ni une sollicitation en vue de l'achat, d'un titre ou d'une participation dans Folclore Latin Fund I ou dans tout autre véhicule. Il s'adresse exclusivement aux investisseurs institutionnels qualifiés et aux family offices. Si vous n'êtes pas une telle personne, ou si le droit de votre juridiction ne vous permet pas de recevoir ces informations, n'utilisez pas ce site et ne le transmettez pas.",
      sections: [
        { heading: "1. Les parties", body: "Les présentes conditions générales (« Conditions ») régissent votre accès à folclore.capital et aux pages et documents qui y sont mis à disposition, y compris toute data room de commanditaires (ensemble, le « Site »), ainsi que leur utilisation. Le Site est exploité par Folclore Capital Partners (« Folclore », « nous »). Lorsque le contexte l'exige, les références à Folclore comprennent ses affiliés et les véhicules d'investissement qu'ils gèrent ou conseillent, y compris Folclore Latin Fund I. « Vous » désigne la personne qui accède au Site et, si elle le fait pour le compte d'une organisation, cette organisation." },
        { heading: "2. Acceptation", body: "En accédant au Site, vous acceptez les présentes Conditions. Si vous n'acceptez pas, n'utilisez pas le Site. Nous pouvons mettre à jour les présentes Conditions en publiant une version révisée et en modifiant la date indiquée ci-dessus. L'utilisation continue après une mise à jour vaut acceptation des Conditions révisées. Si vous utilisez le Site pour le compte d'une organisation, vous déclarez avoir le pouvoir de l'engager." },
        { heading: "3. Qui peut utiliser le Site", body: "Le Site est destiné exclusivement aux investisseurs institutionnels qualifiés, aux family offices et aux autres personnes autorisées par le droit applicable à recevoir des informations sur des fonds privés. Aux États-Unis, il s'agit des personnes qui sont des accredited investors et, lorsque cela est requis, des qualified purchasers. Dans l'Espace économique européen et au Royaume-Uni, le Site s'adresse uniquement aux clients professionnels et aux contreparties éligibles, et non aux clients de détail. Au Brésil, il s'adresse uniquement aux investidores qualificados et aux investidores profissionais. En Suisse, il s'adresse uniquement aux investisseurs qualifiés. Si vous ne remplissez pas le critère qui vous est applicable, vous devez quitter le Site. Chaque fois que vous accédez au Site, vous déclarez remplir ce critère, ne pas vous trouver dans une juridiction où cet accès est illicite et ne pas transmettre le Site vers une telle juridiction, et que toute information que vous nous communiquez sur vous-même ou sur votre organisation est exacte." },
        { heading: "4. Absence d'offre ou de sollicitation", body: "Rien sur le Site ne constitue une offre de vente, ni une sollicitation en vue de l'achat, d'un titre, d'une participation ou d'un autre produit d'investissement, ni un prospectus, un mémorandum de placement privé ou un autre document d'offre. Aucune offre de participations dans Folclore Latin Fund I ou dans tout autre véhicule ne sera faite autrement qu'au moyen de documents d'offre confidentiels définitifs, et uniquement à des personnes qui satisfont aux exigences applicables de qualification, de sophistication et de juridiction. Toute offre, si elle est faite, le sera en vertu d'exemptions d'enregistrement, y compris, aux États-Unis, les exemptions prévues par le Securities Act de 1933 et l'Investment Company Act de 1940. Ces participations ne seront pas enregistrées au titre de ces lois, et aucun marché public ne doit être attendu. Aucune autorité des marchés — y compris la SEC des États-Unis, la CVM du Brésil ou la FINMA suisse — n'a approuvé ni désapprouvé les informations figurant sur ce Site. Nous ne nous engageons pas à rendre le Site, ni un quelconque fonds, disponible dans une juridiction particulière." },
        { heading: "5. Où ces informations ne peuvent pas être envoyées", body: "Le Site ne s'adresse à aucune personne se trouvant dans une juridiction où sa publication, ou votre accès à celui-ci, serait contraire au droit local ou exigerait un enregistrement, une licence ou un dépôt que nous n'avons pas effectué. Au Royaume-Uni, ce contenu s'adresse uniquement aux personnes ayant une expérience professionnelle en matière d'investissements et aux autres personnes auxquelles il peut être licitement communiqué en vertu du Financial Services and Markets Act 2000 (Financial Promotion) Order 2005. Il vous appartient de savoir si vous pouvez accéder licitement au Site. Vous ne pouvez pas copier, transmettre ou autrement distribuer une page ou un document du Site à une personne qui n'est pas autorisée à le recevoir, ni vers une juridiction où cette distribution serait illicite. Nous pouvons refuser l'accès depuis toute juridiction, ou à toute personne, à l'égard de laquelle nous choisissons de ne pas rendre le Site disponible." },
        { heading: "6. Absence de conseil et de confiance", body: "Le contenu du Site est fourni à titre d'information générale uniquement. Il ne constitue pas un conseil en investissement, juridique, fiscal, comptable ou autre conseil professionnel, et il ne constitue pas une recommandation d'acheter, de vendre ou de détenir un titre ou de suivre une stratégie. Ne vous y fiez pas pour prendre une décision. Consultez vos propres conseils qualifiés. Nous n'avons pas l'obligation de mettre le Site à jour, et les informations peuvent être incomplètes, résumées ou obsolètes." },
        { heading: "7. Performance, objectifs et modèles", body: "Les performances passées ne préjugent pas des résultats futurs. Tout rendement cible, toute projection, toute étude de cas ou tout chiffre de portefeuille est illustratif. Il ne constitue ni une promesse ni une garantie, et peut ne pas refléter les frais, dépenses, impôts ou conditions de marché réels. Les modèles financiers de la data room, y compris les modèles de rendement du fonds et d'investissement, sont des outils hypothétiques destinés à la discussion avec des investisseurs qualifiés. Ce ne sont pas des prévisions. Les chiffres bruts, lorsqu'ils sont indiqués, ne tiennent pas compte des frais de gestion, du carried interest ni des dépenses, qui réduisent les rendements. Un investissement dans un fonds privé comporte un degré de risque élevé, y compris la perte de la totalité de l'engagement, l'illiquidité et l'effet de levier. Lisez les documents d'offre pertinents, y compris les facteurs de risque, avant toute décision d'investissement." },
        { heading: "8. Data room et confidentialité", body: "Certains documents ne sont disponibles qu'après que nous avons accordé un accès, y compris par la connexion des commanditaires. Les identifiants sont personnels, incessibles, et doivent rester confidentiels. Vous ne pouvez pas partager une connexion, une capture d'écran, un téléchargement ou un extrait avec une personne que nous n'avons pas autorisée séparément. Les documents de la data room sont confidentiels. Ils sont fournis uniquement pour l'évaluation du destinataire autorisé et ne peuvent être reproduits, publiés ou distribués, en tout ou en partie, sans notre consentement écrit préalable. Vous pouvez les communiquer à vos conseils professionnels, liés par des obligations de confidentialité équivalentes et qui en ont besoin pour vous conseiller. Nous pouvons refuser, suspendre ou révoquer l'accès à tout moment, sans préavis, et nous pouvons exiger la restitution ou la destruction des documents. Un accès ou une redistribution non autorisé constitue une violation substantielle des présentes Conditions." },
        { heading: "9. Propriété intellectuelle", body: "Le Site et son contenu — y compris les textes, graphiques, logos, photographies, mise en page, modèles et logiciels — appartiennent à Folclore ou à ses concédants et sont protégés par les lois de propriété intellectuelle. Nous vous accordons une licence limitée, révocable et non exclusive d'accéder au Site et de le consulter pour votre information interne, sous réserve des présentes Conditions. Vous ne pouvez pas copier, extraire de manière automatisée, cadrer, mettre en miroir, modifier le Site ou créer des œuvres dérivées, ni utiliser un nom ou une marque de Folclore, sauf avec notre consentement écrit préalable ou lorsque la loi l'autorise expressément. Tous les droits qui ne sont pas expressément accordés sont réservés." },
        { heading: "10. Usage acceptable", body: "Vous n'utiliserez pas le Site d'une manière qui enfreint la loi ou les droits d'autrui, et vous ne sonderez pas, n'analyserez pas et ne tenterez pas de compromettre la sécurité ou les contrôles d'accès du Site. Vous ne pouvez pas introduire de logiciel malveillant, surcharger le Site, ni présenter de façon inexacte votre identité ou votre qualité d'investisseur lorsque vous demandez des informations ou un accès. Vous ne pouvez pas utiliser de moyens automatisés pour collecter le contenu du Site. Nous pouvons enquêter sur les violations et coopérer avec les autorités." },
        { heading: "11. Sites tiers", body: "Le Site peut renvoyer vers des sites tiers, y compris le podcast Titans of Luxury. Nous ne contrôlons pas ces sites. Un lien n'est pas une approbation, et nous ne sommes pas responsables de leur contenu, de leurs conditions ou de leurs pratiques en matière de confidentialité." },
        { heading: "12. Exclusion de garanties", body: "Le Site est fourni « en l'état » et « selon disponibilité ». Dans toute la mesure permise par la loi, Folclore exclut toute garantie, expresse ou implicite, y compris les garanties d'exactitude, d'exhaustivité, de qualité marchande, d'adéquation à un usage particulier, de titre et d'absence de contrefaçon, ainsi que toute garantie que le Site sera ininterrompu, sécurisé ou exempt d'erreurs." },
        { heading: "13. Limitation de responsabilité", body: "Dans toute la mesure permise par la loi, Folclore et ses associés, dirigeants, employés, mandataires et affiliés ne seront pas responsables des dommages indirects, accessoires, spéciaux, consécutifs, exemplaires ou punitifs, ni de toute perte de profits, de données, de clientèle ou d'opportunité d'investissement, découlant du Site ou des présentes Conditions, que ce soit sur le fondement contractuel, délictuel ou autre, même s'ils ont été avisés de la possibilité de tels dommages. Notre responsabilité globale pour toute réclamation découlant du Site n'excédera pas cent dollars des États-Unis (100 USD), sauf lorsqu'une loi impérative n'autorise pas cette limite. Rien dans les présentes Conditions n'exclut une responsabilité qui ne peut légalement être exclue, y compris en cas de dol ou de faute intentionnelle, ni un droit auquel vous ne pouvez pas renoncer en qualité de consommateur lorsque ce droit s'applique. Le Site ne s'adresse pas aux consommateurs." },
        { heading: "14. Indemnisation", body: "Vous indemniserez et dégagerez de toute responsabilité Folclore ainsi que ses associés, dirigeants, employés, mandataires et affiliés de toute réclamation, perte, responsabilité et frais juridiques raisonnables découlant de votre utilisation du Site, de votre violation des présentes Conditions, de votre redistribution de documents du Site ou de la data room, ou de votre violation de la loi ou des droits d'un tiers." },
        { heading: "15. Suspension et résiliation", body: "Nous pouvons suspendre ou interrompre le Site, ou toute partie de celui-ci, et nous pouvons mettre fin à votre accès, à tout moment. Les stipulations qui, par leur nature, doivent survivre — y compris la confidentialité, la propriété intellectuelle, les exclusions, la limitation de responsabilité, l'indemnisation et le droit applicable — survivront." },
        { heading: "16. Droit applicable et litiges", body: "Les présentes Conditions sont régies par les lois de l'État de New York, sans égard à ses règles de conflit de lois. Sous réserve de tout droit auquel il ne peut être renoncé de saisir un autre for, les tribunaux d'État et fédéraux situés dans le comté de New York ont compétence exclusive pour connaître des litiges découlant des présentes Conditions ou du Site, et vous acceptez cette compétence et ce for. Vous et Folclore renoncez à tout droit à un procès devant jury dans un tel litige, dans la mesure où cette renonciation est opposable. Rien dans les présentes Conditions ne limite une règle impérative de protection des investisseurs du lieu où vous résidez, dans la mesure où cette règle ne peut être écartée par contrat. Les présentes Conditions régissent uniquement le Site. Elles ne modifient aucun contrat de société en commandite, bulletin de souscription, side letter ou autre contrat que vous pourriez conclure avec un véhicule de Folclore." },
        { heading: "17. Stipulations générales", body: "Si une stipulation des présentes Conditions est jugée inapplicable, les autres stipulations demeurent en vigueur. Le fait de ne pas exiger l'exécution d'une stipulation ne constitue pas une renonciation. Les présentes Conditions constituent l'intégralité de l'accord entre vous et Folclore concernant le Site. Vous ne pouvez pas céder les présentes Conditions. Nous pouvons les céder à un affilié ou à un successeur. Les titres ne figurent qu'à titre de commodité. La version anglaise des présentes Conditions prévaut. Toute traduction est fournie à titre de commodité ; en cas de contradiction avec le texte anglais, le texte anglais prévaut." },
        { heading: "18. Contact", body: "Les questions relatives aux présentes Conditions peuvent être adressées à hello@folclore.capital. Folclore Capital Partners — New York, Rio de Janeiro et Zurich." },
      ],
    },
    login: {
      eyebrow: "Commanditaires",
      title: "Data Room",
      termsBefore: "L'accès est soumis à nos ",
      termsLink: "Conditions Générales",
      termsAfter: ". Les documents de la data room sont confidentiels et ne peuvent être ni copiés ni redistribués.",
      emailLabel: "E-mail",
      submit: "Envoyer le lien magique",
      sending: "Envoi…",
      checking: "Vérification de l'accès…",
      checkEmail: "Consultez {email} pour un lien de connexion. Le lien expire dans 24 heures et est à usage unique. En cas de difficulté, contactez-nous à support@folclore.capital.",
      useDifferentEmail: "Utiliser un autre e-mail",
      unauthorized: "Cet e-mail n'est pas autorisé pour la data room. Contactez support@folclore.capital si vous avez besoin d'accès.",
      error: "Impossible d'envoyer le lien. Vérifiez l'e-mail et réessayez.",
      back: "Retour au site public",
      confidentiality: {
        eyebrow: "Folclore Latin Fund I",
        title: "Rappel de confidentialité",
        body: [
          "Les documents de cette data room sont confidentiels. Ils vous sont fournis uniquement pour évaluation et ne peuvent être reproduits, publiés ni diffusés, en tout ou en partie, sans notre accord écrit préalable.",
          "Si vous devez inviter un conseiller professionnel à examiner des documents, demandez l'accès à support@folclore.capital et il recevra une invitation. Votre accès est personnel et non transférable.",
        ],
        termsBefore: "Ce rappel s'ajoute à nos ",
        termsLink: "Conditions Générales",
        termsAfter: ".",
        checkbox: "Je comprends que ces documents sont confidentiels et m'engage à les garder confidentiels.",
        enter: "Entrer dans la data room",
        decline: "Pas maintenant",
      },
    },
    portal: {
      eyebrow: "Commanditaires",
      title: "Choisissez une salle",
      intro: "Deux salles vous sont ouvertes. Sélectionnez-en une pour continuer.",
      welcomeLabel: "Mot de bienvenue",
      welcomeBody: "Bienvenue. Nous sommes heureux que vous soyez ici. Ces salles rassemblent la société et Folclore Latin Fund I. Choisissez celle que vous êtes venu voir, et gardez pour vous ce que vous y lisez.",
      welcomeSign: "Nick & Dolly",
      generalEyebrow: "La société",
      generalTitle: "Informations générales du fonds",
      generalSubtitle: "Qui nous sommes",
      generalBody: "Le partenariat, la mission et la manière dont Folclore investit.",
      fundEyebrow: "Fund I",
      fundTitle: "Folclore Latin Fund I Data Room",
      fundBody: "Documents d'offre, modèles, portefeuille et reporting confidentiels.",
      enter: "Entrer",
      allRooms: "Toutes les salles",
      signOut: "Se déconnecter",
      generalBadge: "Informations générales du fonds",
      generalName: "Qui nous sommes",
      generalIntro: "Folclore Capital Partners. Le partenariat derrière Folclore Latin Fund I.",
    },
    team: {
      eyebrow: "Équipe",
      heading: "Les gardiens du Fund I.",
      standfirst: "Folclore est dirigée par un petit partenariat aux racines profondes à travers les Amériques.",
      comingSoon: "Biographie à venir.",
      bioDownload: "Télécharger la biographie",
      members: [
        {
          name: "Nick Walker",
          role: "Cofondateur · Associé Gérant",
          place: "New York",
          bio: TEAM_BIOS.nick.bio,
          linkedin: TEAM_BIOS.nick.linkedin,
        },
        {
          name: "Dolly Moorhead",
          role: "Cofondatrice · Associée · Directrice des Relations Investisseurs",
          place: "New York",
          bio: TEAM_BIOS.dolly.bio,
          linkedin: TEAM_BIOS.dolly.linkedin,
        },
        {
          name: "Henrique Lamim, CFA",
          role: "Associé",
          place: "Rio de Janeiro",
          bio: TEAM_BIOS.henrique.bio,
          linkedin: TEAM_BIOS.henrique.linkedin,
        },
      ],
      advisorsLabel: "Conseillers",
      advisors: [
        {
          name: "Camila Pierotti",
          role: "Conseillère",
          place: "New York",
          bio: TEAM_BIOS.camila.bio,
          linkedin: TEAM_BIOS.camila.linkedin,
        },
        {
          name: "Denis O’Flynn O’Brien",
          role: "Conseiller",
          place: "Philadelphie",
          linkedin: TEAM_BIOS.denis.linkedin,
        },
        {
          name: "Michele Levy",
          role: "Conseillère",
          place: "New York",
          linkedin: TEAM_BIOS.michele.linkedin,
        },
      ],
      closing: "Pour la presse, les conférences et les partenariats, veuillez",
      closingLink: "nous contacter.",
    },
    dataroom: {
      mobileNotice: {
        kicker: "Sur téléphone",
        title: "Mieux sur ordinateur ou iPad",
        body: "Cette data room se lit et s’utilise plus facilement sur un ordinateur ou un iPad.",
        follow: "Si vous rencontrez un problème important, ou si vous souhaitez une expérience plus adaptée au mobile, contactez-nous.",
        continueLabel: "Continuer",
      },
      access: {
        loggedInAs: "Vous êtes connecté en tant que {email}",
        yourLevel: "Votre niveau d'accès est le Niveau {level} — {name}",
        levelPill: "Niveau {level} · {name}",
        upgradeAccess: "Élever l'accès",
        upgradeTo: "Pour atteindre le Niveau {level} — {name}",
        upgradeCta: "Élever · {action}",
        laterCta: "Ensuite · {action}",
        nextBadge: "Votre prochaine étape",
        panelTitle: "Votre accès",
        panelIntro: "Les documents s'ouvrent par niveau. Signez un NDA, planifiez un appel ou demandez une invitation pour progresser. Nous élevons votre niveau après chaque étape.",
        currentBadge: "Votre niveau",
        lockEyebrow: "Restreint",
        lockTitle: "Niveau {level} — {name}",
        signNda: "Signer le NDA",
        ndaNote: "L'accès est élevé après réception du NDA signé.",
        ndaCopyLink: "Consulter et télécharger une copie du NDA",
        scheduleCall: "Planifier un appel",
        byInvitation: "Sur invitation uniquement",
        invitationNote: "Si vous estimez devoir disposer de cet accès, écrivez à support@folclore.capital ou à l'associé gérant avec lequel vous travaillez.",
        levels: [
          {
            id: 1,
            name: "Accès initial",
            audience: "Pour les prospects ayant exprimé un intérêt.",
            materials: "Présentation du fonds, présentation d'investissement, biographies de l'équipe, termes et stratégie de haut niveau.",
          },
          {
            id: 2,
            name: "Diligence LP qualifié",
            audience: "Pour les investisseurs en diligence.",
            materials: "Modèle du fonds, stratégie détaillée, mémorandum d'investissement type, éléments de track record, construction de portefeuille et termes juridiques préliminaires.",
          },
          {
            id: 3,
            name: "Diligence avancée",
            audience: "Pour les LPs sérieux et leurs conseillers autorisés.",
            materials: "Attribution détaillée, DDQ et ODD complets, informations financières sensibles, documentation des prestataires, projet de LPA et documents de conformité.",
          },
          {
            id: 4,
            name: "Restreint ou spécifique à une transaction",
            audience: "Uniquement lorsque l'accès est justifié.",
            materials: "Données confidentielles de sociétés en portefeuille, informations sensibles de tiers, documents de transaction, onboarding des LPs et autres éléments restreints.",
          },
        ],
      },
    },
    rights: "© 2026 Folclore Capital Partners",
  },

  zh: {
    name: "中文", short: "中文", dir: "ltr", cjk: true,
    nav: { mission: "使命", contact: "联系", more: "更多", team: "团队", podcast: "播客", login: "LP 登录" },
    footer: { terms: "条款与条件" },
    hero: {
      eyebrow: "Folclore Latin Fund I",
      headline: "传承，恪守至臻标准。",
      cta: "了解我们的使命",
      footnote: "新世界奢华 · 美洲",
    },
    mission: {
      eyebrow: "我们的使命",
      body: [
        "在 Folclore Latin Fund I，我们在拉丁美洲最具活力的市场中率先进行变革性的私募股权投资。我们深厚的地域专长和文化底蕴使我们能够在他人视为复杂的情况下发现非凡的机遇。",
        "我们与有远见的企业家和成熟的企业合作，不仅提供资金，还提供战略指导，以释放前所未有的价值。我们的方法将机构严谨性与本地洞察力相结合，创造了造福所有利益相关者的可持续增长。",
        "通过纪律严明的投资策略和卓越运营，我们建立持久的企业，塑造拉丁美洲商业的未来，同时为我们的有限合伙人提供卓越的回报。",
      ],
      caption: "匠坊——传承在此铸就，而非制造。",
    },
    contact: {
      eyebrow: "联系", heading: "联系我们",
      note: "面向合格的机构投资者及家族办公室。",
      offices: "纽约 · 里约热内卢 · 苏黎世",
    },
    terms: {
      eyebrow: "法律", title: "条款与条件",
      updated: "最后更新：2026年10月",
      placeholder: "重要提示。本网站仅供一般信息之用。其不构成出售任何证券或 Folclore Latin Fund I 或其他任何载体权益的要约，亦不构成购买该等权益的要约邀请。本网站仅面向合格机构投资者及家族办公室。如果您不属于上述人士，或您所在司法辖区的法律不允许您接收本信息，请勿使用本网站，亦勿转发。",
      sections: [
        { heading: "1. 主体", body: "本条款与条件（「条款」）规范您对 folclore.capital 及其所提供页面和资料（包括任何有限合伙人数据室，合称「本网站」）的访问与使用。本网站由 Folclore Capital Partners（「Folclore」、「我们」）运营。在文意所需时，Folclore 包括其关联方及其管理或提供顾问服务的投资载体，包括 Folclore Latin Fund I。「您」指访问本网站的人士；如您代表某一机构访问，则亦指该机构。" },
        { heading: "2. 接受", body: "访问本网站即表示您同意本条款。如不同意，请勿使用本网站。我们可通过发布修订版本并更改上方日期的方式更新本条款。更新后您继续使用，即视为接受修订后的条款。如您代表某一机构使用本网站，即表示您有权约束该机构。" },
        { heading: "3. 使用对象", body: "本网站仅面向合格机构投资者、家族办公室以及适用法律允许其接收私募基金信息的其他人士。在美国，指 accredited investors，并在需要时指 qualified purchasers。在欧洲经济区及英国，本网站仅面向专业客户及合格对手方，不面向零售客户。在巴西，仅面向 investidores qualificados 及 investidores profissionais。在瑞士，仅面向合格投资者。如果您不符合适用于您的标准，您必须离开本网站。您每次访问本网站，即声明您符合该标准，您并非位于访问本网站属于违法的司法辖区，亦不会将本网站传送至该等司法辖区，并且您向我们提供的有关您或您所在机构的信息是准确的。" },
        { heading: "4. 不构成要约或招揽", body: "本网站的任何内容均不构成出售任何证券、合伙权益或其他投资产品的要约或购买要约邀请，亦不构成招募说明书、私募备忘录或其他发行文件。Folclore Latin Fund I 或任何其他载体的权益，仅会依据最终保密发行文件、且仅向符合适用投资者资格、专业程度及司法辖区要求的人士发售。任何发行（如进行）将依据注册豁免进行，在美国包括《1933年证券法》及《1940年投资公司法》项下的豁免。该等权益不会根据上述法律注册，亦不应预期存在公开市场。包括美国证券交易委员会、巴西 CVM 及瑞士 FINMA 在内的任何证券监管机构，均未批准或否决本网站的信息。我们不承诺在任何特定司法辖区提供本网站或任何基金。" },
        { heading: "5. 不得发送本信息的情形", body: "本网站不面向其所在司法辖区的法律禁止其接收本网站、或接收本网站将要求我们办理尚未办理的注册、许可或备案的任何人士。在英国，本内容仅面向在投资事务方面具有专业经验的人士，以及根据《2000年金融服务与市场法》（Financial Promotion）2005年命令可以合法接收该等内容的其他人士。您有责任自行确认是否可以合法访问本网站。您不得将本网站的任何页面或资料复制、转发或以其他方式分发给无权接收的人士，或分发至该等分发属于违法的司法辖区。我们可以拒绝来自我们选择不提供本网站的任何司法辖区或任何人士的访问。" },
        { heading: "6. 不构成建议，不得依赖", body: "本网站内容仅供一般参考。其不构成投资、法律、税务、会计或其他专业建议，亦不构成买入、卖出或持有任何证券或采取任何策略的建议。您不应据此作出任何决定。请咨询您自己的合格顾问。我们没有更新本网站的义务，信息可能不完整、经过压缩或已经过时。" },
        { heading: "7. 业绩、目标与模型", body: "过往业绩并不预示未来结果。任何目标回报、预测、案例或投资组合数字均为示例，并非承诺或保证，且可能未反映实际费用、开支、税款或市场状况。数据室中的财务模型，包括基金回报模型与投资模型，是供与合格投资者讨论的假设工具，并非预测。所列出的总额（如有）未反映管理费、附带权益或开支，而这些会降低回报。投资私募基金具有高度风险，包括损失全部承诺资本、缺乏流动性以及杠杆。在作出任何投资决定之前，您应阅读相关发行文件，包括风险因素。" },
        { heading: "8. 数据室与保密", body: "部分资料仅在我们授予访问权限后才可获得，包括通过有限合伙人登录获得的资料。登录凭据专属于个人、不得转让，并且必须保密。您不得与未经我们另行授权的任何人共享登录权限、截图、下载内容或摘录。数据室资料属于机密，仅供被授权的接收方评估之用，未经我们事先书面同意，不得全部或部分复制、公布或分发。您可以将该等资料提供给负有同等保密义务、并且为向您提供建议而需要该等资料的专业顾问。我们可以随时拒绝、暂停或撤销访问，无需事先通知，并可以要求归还或销毁资料。未经授权的访问或转发构成本条款的重大违约。" },
        { heading: "9. 知识产权", body: "本网站及其内容（包括文字、图形、标识、照片、版式、模型和软件）归 Folclore 或其许可方所有，受知识产权法保护。我们授予您一项有限、可撤销、非独占的许可，供您为自身内部信息用途访问和浏览本网站，但须遵守本条款。除非获得我们事先书面同意，或法律明确允许，您不得复制、抓取、嵌套、镜像、修改本网站或创作衍生作品，亦不得使用任何 Folclore 名称或标志。凡未明示授予的权利均予保留。" },
        { heading: "10. 合理使用", body: "您不得以违反法律或侵犯他人权利的方式使用本网站，亦不得试图探测、扫描或突破本网站的安全措施或访问控制。您不得植入恶意软件、使本网站过载，或在索取信息或访问权限时不实陈述您的身份或投资者资格。您不得以自动化方式采集本网站内容。我们可以调查违规行为并配合主管机关。" },
        { heading: "11. 第三方网站", body: "本网站可能链接至第三方网站，包括 Titans of Luxury 播客。该等网站不受我们控制。链接不构成认可，我们亦不对其内容、条款或隐私做法负责。" },
        { heading: "12. 保证的排除", body: "本网站按「现状」及「可用」基础提供。在法律允许的最大范围内，Folclore 否认一切明示或默示保证，包括关于准确性、完整性、适销性、特定用途适用性、权属及不侵权的保证，以及关于本网站将不间断、安全或无错误的任何保证。" },
        { heading: "13. 责任限制", body: "在法律允许的最大范围内，Folclore 及其合伙人、管理人员、雇员、代理人和关联方，不对因本网站或本条款引起或与之相关的任何间接、附带、特殊、后果性、惩戒性或惩罚性损害，或任何利润、数据、商誉或投资机会的损失承担责任，无论该等责任基于合同、侵权或其他原因，即使已被告知发生该等损害的可能性。除强制性法律不允许该限制外，我们就因本网站引起的任何索赔承担的合计责任不超过一百美元（100美元）。本条款不排除法律不能排除的责任，包括欺诈或故意不当行为的责任，亦不排除在适用的情况下您作为消费者享有且不得放弃的权利。本网站不面向消费者。" },
        { heading: "14. 赔偿", body: "对于因您使用本网站、违反本条款、转发本网站或数据室资料，或违反法律或任何第三方权利而产生的任何索赔、损失、责任及合理的法律费用，您应赔偿 Folclore 及其合伙人、管理人员、雇员、代理人和关联方，并使其免受损害。" },
        { heading: "15. 暂停与终止", body: "我们可以随时暂停或停止本网站或其任何部分，或终止您的访问。依其性质应当存续的规定，包括保密、知识产权、免责声明、责任限制、赔偿及适用法律，在终止后继续有效。" },
        { heading: "16. 适用法律与争议", body: "本条款受纽约州法律管辖，但不适用其法律冲突规则。在不限制您于其他地方提起诉讼的任何不可放弃的权利的前提下，位于纽约州纽约县的州法院及联邦法院对因本条款或本网站引起的争议拥有专属管辖权，且您同意该管辖权及审判地。在该等弃权可以执行的范围内，您与 Folclore 放弃就该等争议由陪审团审理的任何权利。在您居住地关于投资者保护的强制性规则不能以合同排除的范围内，本条款不限制该等规则。本条款仅规范本网站。其不修改您可能与 Folclore 的载体订立的有限合伙协议、认购文件、补充协议或其他合同。" },
        { heading: "17. 一般规定", body: "如本条款的任一规定被认定为不可执行，其余规定继续有效。我们未执行某一规定并不构成弃权。本条款构成您与 Folclore 之间关于本网站的完整协议。您不得转让本条款。我们可以将其转让给关联方或承继方。标题仅为方便而设。本条款的英文版本为作准文本。任何译文仅为方便而提供；如与英文文本不一致，以英文文本为准。" },
        { heading: "18. 联系", body: "有关本条款的问题，请发送至 hello@folclore.capital。Folclore Capital Partners——纽约、里约热内卢及苏黎世。" },
      ],
    },
    login: {
      eyebrow: "有限合伙人",
      title: "数据室",
      termsBefore: "访问受我们的",
      termsLink: "条款与条件",
      termsAfter: "约束。数据室资料属于机密，不得复制或转发。",
      emailLabel: "电子邮箱",
      submit: "发送魔法链接",
      sending: "发送中…",
      checking: "正在验证访问权限…",
      checkEmail: "请查收 {email} 中的登录链接。链接将在 24 小时后过期，且仅可使用一次。如遇问题，请联系 support@folclore.capital。",
      useDifferentEmail: "使用其他邮箱",
      unauthorized: "此邮箱无权访问数据室。如需访问，请联系 support@folclore.capital。",
      error: "无法发送链接。请检查邮箱后重试。",
      back: "返回公开网站",
      confidentiality: {
        eyebrow: "Folclore Latin Fund I",
        title: "保密提示",
        body: [
          "本数据室材料属于机密，仅供您评估之用。未经我们事先书面同意，不得全部或部分复制、公布或传播。",
          "如需邀请专业顾问审阅材料，请向 support@folclore.capital 申请访问权限，对方将收到邀请。登录凭证为个人专用，不得转让。",
        ],
        termsBefore: "本提示与我们的",
        termsLink: "条款与条件",
        termsAfter: "一并适用。",
        checkbox: "我理解这些材料属于机密，并同意予以保密。",
        enter: "进入数据室",
        decline: "暂不进入",
      },
    },
    portal: {
      eyebrow: "有限合伙人",
      title: "选择资料室",
      intro: "您可以进入两间资料室。请选择一间继续。",
      welcomeLabel: "欢迎辞",
      welcomeBody: "欢迎。很高兴您来到这里。这两间资料室分别介绍公司与 Folclore Latin Fund I。请选择您要进入的一间，并请将所读内容自行留存。",
      welcomeSign: "Nick & Dolly",
      generalEyebrow: "公司",
      generalTitle: "基金一般信息",
      generalSubtitle: "我们是谁",
      generalBody: "合伙团队、使命，以及 Folclore 的投资方式。",
      fundEyebrow: "Fund I",
      fundTitle: "Folclore Latin Fund I Data Room",
      fundBody: "保密的发行材料、模型、投资组合与报告。",
      enter: "进入",
      allRooms: "全部资料室",
      signOut: "退出",
      generalBadge: "基金一般信息",
      generalName: "我们是谁",
      generalIntro: "Folclore Capital Partners。Folclore Latin Fund I 背后的合伙团队。",
    },
    team: {
      eyebrow: "团队",
      heading: "Fund I 的守护者。",
      standfirst: "Folclore 由一支精干的合伙团队领导，深耕美洲。",
      comingSoon: "简介即将公布。",
      bioDownload: "下载简介",
      members: [
        {
          name: "Nick Walker",
          role: "联合创始人 · 管理合伙人",
          place: "纽约",
          bio: TEAM_BIOS.nick.bio,
          linkedin: TEAM_BIOS.nick.linkedin,
        },
        {
          name: "Dolly Moorhead",
          role: "联合创始人 · 合伙人 · 投资者关系负责人",
          place: "纽约",
          bio: TEAM_BIOS.dolly.bio,
          linkedin: TEAM_BIOS.dolly.linkedin,
        },
        {
          name: "Henrique Lamim, CFA",
          role: "合伙人",
          place: "里约热内卢",
          bio: TEAM_BIOS.henrique.bio,
          linkedin: TEAM_BIOS.henrique.linkedin,
        },
      ],
      advisorsLabel: "顾问",
      advisors: [
        {
          name: "Camila Pierotti",
          role: "顾问",
          place: "纽约",
          bio: TEAM_BIOS.camila.bio,
          linkedin: TEAM_BIOS.camila.linkedin,
        },
        {
          name: "Denis O’Flynn O’Brien",
          role: "顾问",
          place: "费城",
          linkedin: TEAM_BIOS.denis.linkedin,
        },
        {
          name: "Michele Levy",
          role: "顾问",
          place: "纽约",
          linkedin: TEAM_BIOS.michele.linkedin,
        },
      ],
      closing: "如有媒体、演讲及合作事宜，敬请",
      closingLink: "与我们联系。",
    },
    dataroom: {
      mobileNotice: {
        kicker: "手机访问",
        title: "在电脑或 iPad 上体验更佳",
        body: "本数据室在台式电脑或 iPad 上更易于阅读和使用。",
        follow: "如遇到重大问题，或希望获得更适合手机的体验，请与我们联系。",
        continueLabel: "继续",
      },
      access: {
        loggedInAs: "您已登录为 {email}",
        yourLevel: "您的访问级别为第 {level} 级 — {name}",
        levelPill: "第 {level} 级 · {name}",
        upgradeAccess: "升级访问权限",
        upgradeTo: "升至第 {level} 级 — {name}",
        upgradeCta: "升级 · {action}",
        laterCta: "其后 · {action}",
        nextBadge: "下一步",
        panelTitle: "您的访问权限",
        panelIntro: "材料按级别开放。签署保密协议、预约通话或申请邀请以升级。每完成一步后，我们会提高您的级别。",
        currentBadge: "当前级别",
        lockEyebrow: "受限",
        lockTitle: "第 {level} 级 — {name}",
        signNda: "签署保密协议",
        ndaNote: "我们收到已签署的保密协议后，将提高访问级别。",
        ndaCopyLink: "预览并下载保密协议副本",
        scheduleCall: "预约通话",
        byInvitation: "仅限邀请",
        invitationNote: "若您认为应获得此访问权限，请联系 support@folclore.capital 或与您对接的管理合伙人。",
        levels: [
          {
            id: 1,
            name: "初始访问",
            audience: "面向已表达兴趣的潜在投资者。",
            materials: "基金概览、投资路演、团队简介、高层条款与策略。",
          },
          {
            id: 2,
            name: "合格 LP 尽职调查",
            audience: "面向进入尽职调查阶段的投资者。",
            materials: "基金模型、详细策略、样本投资备忘录、往绩证据、组合构建与法律条款草案。",
          },
          {
            id: 3,
            name: "深度尽职调查",
            audience: "面向严肃 LP 及其授权顾问。",
            materials: "详细归因、完整 DDQ 与 ODD、敏感财务信息、服务商文件、LPA 草案及相关合规材料。",
          },
          {
            id: 4,
            name: "受限或交易专项",
            audience: "仅在访问理由充分时开放。",
            materials: "保密的被投公司数据、敏感第三方信息、交易文件、LP 入驻及其他受限材料。",
          },
        ],
      },
    },
    rights: "© 2026 Folclore Capital Partners",
  },
};

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