Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
Form ADV Part 2A
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:43
Summary
This document is iCapital Advisors, LLC's Form ADV Part 2A, which outlines the firm's Code of Ethics, potential conflicts of interest, and compensation arrangements. It discloses that iCapital Securities, LLC may receive placement fees for placing investors in certain Private Access Funds, creating a potential conflict of interest.
Metadata
- Subject
- iCapital Advisors, LLC Form ADV Part 2A
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0040417
- Date
- —
Relationships 3
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| iCapital Advisors, LLC | Employer-Employee | Employees | iCapital Advisors, LLC has a Code of Ethics that applies to its employees. |
| iCapital Securities, LLC | Financial | Private Access Funds | iCapital Securities, LLC may receive a placement fee for placing investors in certain Private Access Funds. |
| iCapital | Business | Underlying Fund Managers/Sub-Advisers | iCapital does not have control over Underlying Manager's or Sub-Adviser's decisions. |
Notable Quotes 2
Employees should not take inappropriate advantage of their position.
The spirit of the Code of Ethics is to discourage frequent trading in personal employee accounts.
Red Flags 1
- The potential conflict of interest arising from iCapital Securities, LLC receiving placement fees for placing investors in Private Access Funds.
Financial Information
Assets:
- Equity securities
- Private investment vehicles
- Aggregate capital commitments
Transactions:
- Employees making personal investments in private investment vehicles
- iCapital Securities, LLC receiving placement fees for placing investors in Private Access Funds
Public Knowledge
- Context
- Form ADV Part 2A is a disclosure document required by the SEC for registered investment advisors.
Legal Compliance
- Potential conflicts of interest arising from iCapital's various activities and compensation arrangements.
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealingsLegal matters/litigationEmployment/staffing
People 1
Organizations 5
iCapital Advisors, LLCiCapital Securities, LLCDirect Investment FundsPrivate Access FundsUnderlying Fund Managers
Text Analysis
- Tone
- Informative
- Purpose
- To disclose iCapital Advisors, LLC's Code of Ethics, potential conflicts of interest, and compensation arrangements.
- Significance
- This document outlines the ethical guidelines and potential conflicts of interest within iCapital Advisors, LLC, which is important for investors to understand.
File Info
- File Name
- EFTA01355322.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:43:45.958643
- DOJ Source
- View on DOJ