Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
memo
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:43
Summary
This document amends the summary of principal terms of the Access Fund by adding information about the Servicing Fee paid to Deutsche Bank for acting as a placement agent. The Servicing Fee is calculated based on the subscription amount of DB Introduced Persons and varies depending on the stage of the Underlying Fund's investment period.
Metadata
- Subject
- Summary of Principal Terms of the Access Fund
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0040384, SDNY GM_00188588
- Date
- —
Relationships 3
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| General Partner | placement agreement | Deutsche Bank Securities Inc. | The General Partner, the Investment Manager and the Access Funds have entered into a placement agreement with Deutsche Bank Securities Inc. |
| Investment Manager | payment for servicing functions | Deutsche Bank | The Investment Manager will pay to Deutsche Bank in respect of each DB Introduced Person that is not in default of its obligations as described in the Partnership Agreement, on an ongoing basis for so long as Deutsche Bank continues to provide such services with respect to such DB Introduced Person, a fee (the "Servicing Fee"). |
| Deutsche Bank | Placement Agent | Access Fund | Deutsche Bank will act as a Placement Agent and refer and/or introduce certain of its clients to the Access Funds |
Financial Information
Amounts:$3 million$5 million0.65% per annum0.45% per annum0.05% per annum0.4875% per annum0.36% per annum0.05% per annum0.20%
Assets:
- aggregate Subscription of such DB Introduced Person to the Access Fund
- Access Fund's Invested Capital
Transactions:
- Servicing Fee payable quarterly in advance
- Payment from Investment Manager to Deutsche Bank for servicing functions
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealings
Organizations 8
Annandale CapitalAccess FundDeutsche Bank Securities Inc.DBSIDeutsche BankInvestment ManagerUnderlying FundPartnership Agreement
Financial Entities 2
Deutsche Bank Securities Inc.Deutsche Bank
Text Analysis
- Tone
- Professional
- Purpose
- To amend the information contained in the Memorandum under the heading "Summary of Principal Terms of the Access Fund" by adding information about the Servicing Fee.
- Significance
- Details the financial agreement between the Access Fund, its Investment Manager, and Deutsche Bank Securities Inc. regarding placement agent services and associated fees.
File Info
- File Name
- EFTA01355311.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:43:30.537507
- DOJ Source
- View on DOJ