Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
memorandum
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:43
Summary
This document is a summary of the terms and conditions for Glendower Capital Secondary Opportunities Fund IV, LP. It outlines the conditions for indemnification, removal of the General Partner, amendments to the Fund Partnership Agreement, default provisions, and the term of the fund.
Metadata
- Subject
- Summery of Terms and Conditions
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0055342
- Date
- —
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| General Partner | business | Limited Partners | The General Partner may be removed by a majority in interest of the Limited Partners under certain conditions. |
| Manager | business | Fund | The Fund will indemnify each Covered Person against all claims, damages, liabilities, costs and expenses. |
Notable Quotes 2
None of the General Partner, the Manager, the Second GP, their respective affiliates, the Fund Advisory Committee members or the directors, officers, partners, members, employees or agents of any of them (each a 'Covered Person") will be liable to the Fund or the Limited Partners for any good faith act or omission relating to the Fund.
The General Partner may be removed by a majority in interest of the Limited Partners where it has been finally determined by a court of competent jurisdiction that the General Partner, the Manager or the Second GP has engaged in certain removal conduct.
Financial Information
Amounts:three-month USD LIBOR plus 2%8%General Partner's Share received by the General Partner in the eight calendar quarters immediately preceding the General Partner's removal
Transactions:
- obligation to make Advances or other contributions to the Fund
- payment of interest on the defaulted amount
Legal Compliance
- uncured material violation of the Fund Partnership Agreement
- conviction of a felony
- willful violation of law
- bad faith
- gross negligence
- fraud
- willful misconduct
- reckless disregard of duties
- misrepresentation in the Fund's marketing information
Raw Analysis JSON
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Themes
Financial transactions/money flowLegal matters/litigationBusiness dealings
Organizations 8
GLDUS238 SOUTHERN FINANCIAL LLCGlendower Capital Secondary Opportunities Fund IV, LPGlendower CapitalFund Advisory CommitteeGeneral PartnerManagerSecond GPFund
Text Analysis
- Tone
- Professional
- Purpose
- To summarize the terms and conditions of Glendower Capital Secondary Opportunities Fund IV, LP.
- Significance
- This document outlines the indemnification, removal, amendment, default, and term conditions of the fund partnership agreement.
File Info
- File Name
- EFTA01364794.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:43:10.414795
- DOJ Source
- View on DOJ