Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
legal filing
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:43
Summary
This document is Form ADV Part 2A for iCapital Advisors, LLC, disclosing potential conflicts of interest arising from relationships with financial institutions like BNY, BlackRock, Credit Suisse, Morgan Stanley, and UBS. It also outlines iCapital's Code of Ethics to ensure employees prioritize client interests and avoid insider trading.
Metadata
- Subject
- Form ADV Part 2A
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0038244
- Date
- —
Relationships 8
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| iCapital Advisors, LLC | business | Gen II | Gen II relationship will be managed by several iCapital executives. |
| BNY Capital Corporation | ownership | Institutional Capital Network, Inc. | BNY holds a minority ownership interest in Institutional Capital Network, Inc., the parent company of iCapital. |
| iCapital | business | BNY | Certain of the Funds hold cash in accounts at BNY and utilize BNY administrative services. |
| BlackRock, Inc. | investment | Institutional Capital Network, Inc. | BlackRock has invested in Institutional Capital Network, Inc., the parent company of iCapital. |
| Credit Suisse Group AG | investment | Institutional Capital Network, Inc. | Credit Suisse has invested in Institutional Capital Network, Inc., the parent company of iCapital. |
| Morgan Stanley Smith Barney | investment | Institutional Capital Network, Inc. | Morgan Stanley has invested in Institutional Capital Network, Inc. |
| UBS Financial Services | investment | Institutional Capital Network, Inc. | UBS has invested in Institutional Capital Network, Inc. |
| iCapital | business | equity investors | iCapital has and may continue to engage with certain of its equity investors to provide services to the Funds, including administration or other services. |
Notable Quotes 2
Employees must at all times place the interests of the client first:
Employees must make sure that all personal securities transactions are conducted
Red Flags 2
- Potential incentives for iCapital to favor products or services from companies that have invested in its parent company.
- Potential incentives for Morgan Stanley and UBS to direct investments to an iCapital Private Access Fund due to their investment in iCapital's parent.
Financial Information
Assets:
- Funds
- Private Access Funds
Legal Compliance
- Potential conflicts of interest due to relationships with BNY, BlackRock, Credit Suisse, Morgan Stanley, and UBS.
- Compliance with Rule 204A-I of the Advisers Act regarding Code of Ethics.
Raw Analysis JSON
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Themes
Financial transactions/money flowBusiness dealingsLegal matters/litigationCompliance/ethics
Organizations 14
Dimension Capital ManagementiCapital Advisors, LLCGen IIBNY Capital CorporationBNYInstitutional Capital Network, Inc.BlackRock, Inc.BlackRockCredit Suisse Group AGCredit SuisseMorgan Stanley Smith BarneyMorgan StanleyUBS Financial ServicesUBS
Financial Entities 5
BNY Capital CorporationBlackRock, Inc.Credit Suisse Group AGMorgan Stanley Smith BarneyUBS Financial Services
Text Analysis
- Tone
- Professional
- Purpose
- To disclose potential conflicts of interest related to iCapital's relationships with various financial institutions and to outline the company's Code of Ethics.
- Significance
- This document is significant because it reveals potential conflicts of interest arising from iCapital's relationships with major financial institutions and outlines the company's efforts to manage these conflicts.
File Info
- File Name
- EFTA01353742.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:43:01.612012
- DOJ Source
- View on DOJ