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 a Form ADV Part 2A from iCapital Advisors, LLC, outlining the terms and conditions related to capital contributions, liabilities, and the role of sub-advisers for certain funds. It highlights potential risks for investors, including default scenarios and uncertainties regarding the legal segregation of assets in series limited partnerships.
Metadata
- Subject
- Form ADV Part 2A
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0055135, SDNY_GM_00201319
- Date
- —
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| iCapital Advisors, LLC | business | Investors | iCapital may call additional capital from the Investors that have already made the applicable capital contribution. |
| Fund | business | Sub-Adviser | The success of a Fund depends, to a great extent on a Sub- Adviser's ability to identify favorable investment opportunities. |
Notable Quotes 2
If an Investor fails to pay in full any requested capital contributions. iCapital may take certain actions which may result in a sale of such Investor's Interest or a forfeiture of all or a portion of such Investor's Interest
there is no assurance that this structure and operation will be respected in all circumstances and in all jurisdictions. It is therefore possible that the assets attributable to one series may be insufficient to meet the debts, liabilities and obligations of such series and. consequently. that creditors of such series will seek recourse against the assets of a Fund.
Red Flags 2
- Potential for investors to default on capital contributions and face penalties.
- Uncertainty regarding the legal segregation of assets in series limited partnerships.
Financial Information
Assets:
- assets of that series
- assets of the limited partnership
Transactions:
- capital contribution
- sale of such Investor's Interest
- forfeiture of all or a portion of such Investor's Interest
Legal Compliance
- Potential liabilities related to series limited partnerships and the segregation of assets.
- Risk of default by investors and the legal remedies available to iCapital.
Raw Analysis JSON
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Themes
Financial transactions/money flowLegal matters/litigationBusiness dealings
Organizations 3
GLOUS238 SOUTHERN FINANCIAL LLCiCapital Advisors, LLCUnderlying Fund
Locations 1
Delaware
Text Analysis
- Tone
- Professional
- Purpose
- To describe the terms and conditions related to capital contributions, liabilities, and the role of sub-advisers for certain funds.
- Significance
- This document outlines the financial and legal risks associated with investing in the funds, including potential default scenarios and reliance on sub-advisers.
File Info
- File Name
- EFTA01364587.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:11.279169
- DOJ Source
- View on DOJ