EFTA01354516.txt Text dataset_10 View on DOJ

Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
legal filing
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
This document is iCapital Advisors, LLC's Form ADV Part 2A, which details their brokerage practices, account review processes, and compensation arrangements. It outlines how iCapital selects brokers, reviews fund performance, and handles client referrals and placement fees.
Metadata
Subject
iCapital Advisors, LLC Form ADV Part 2A
Sender
Recipients
Document ID
DB-SDNY-0039111
Date
Relationships 3
Entity 1RelationshipEntity 2Description
iCapital Advisors, LLC affiliate iCapital Securities, LLC iCapital Securities, LLC is an affiliate of iCapital Advisors, LLC.
Direct Access Fund business Sub-Adviser iCapital has selected a Sub-Adviser that had been delegated trading authority on behalf of the applicable Direct Access Fund.
Private Access Fund business Underlying Fund Manager Any placement fees generated from an investment by a Private Access Fund in an Underlying Fund will be paid to iCapital Securities by an Underlying Fund Manager (or its affiliates).
Notable Quotes 2
"best execution" in light of the circumstances involved in the transaction.
A Sub-Adviser may use "soft dollar" credits generated by a Direct Access Fund's securities transactions with broker-dealers to pay for research and execution products or services that fall within the safe harbor created by Section 28(e) of the Securities Exchange Act of 1934.
Financial Information
Assets:
  • Interests of the Funds
Transactions:
  • Investments in securities listed on national exchanges
  • Placement fees generated from an investment by a Private Access Fund in an Underlying Fund
  • Securities transactions with broker-dealers to pay for research and execution products or services
Legal Compliance
  • Compliance with Section 28(e) of the Securities Exchange Act of 1934 regarding soft dollar credits.
Raw Analysis JSON click to expand
Themes
Financial transactions/money flowLegal matters/litigationBusiness dealings
People 1
Organizations 5
iCapital Advisors, LLCPrivate Access FundsDirect Access FundiCapital Securities, LLCUnderlying Fund Manager
Financial Entities 1
broker-dealers
Text Analysis
Tone
Professional
Purpose
To provide information about iCapital Advisors, LLC's brokerage practices, review of accounts, and client referrals and other compensation.
Significance
This document outlines the policies and procedures of iCapital Advisors, LLC regarding brokerage practices, account reviews, and compensation, which is important for investors to understand.
File Info
File Name
EFTA01354516.txt
Dataset
dataset_10
Type
Text
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41:02.681273
DOJ Source
View on DOJ