Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
other
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
This document outlines the placement fee structure for Deutsche Bank's introduction of investors to the Access Fund and the Underlying Fund. It details the fees paid by DB Introduced Persons and direct investors, as well as potential conflicts of interest.
Metadata
- Subject
- DB Placement Fee
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0055466
- Date
- —
Relationships 3
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Deutsche Bank | Placement Agent | Access Fund | Deutsche Bank acts as placement agent for the Access Fund and receives a placement fee for introducing investors. |
| Deutsche Bank | Placement Agent | Underlying Fund | Deutsche Bank acts as placement agent for the Underlying Fund and receives a placement fee for introducing investors. |
| Glendower GP | Payment | Deutsche Bank | Glendower GP or an affiliate pays Deutsche Bank a placement fee for the Access Fund's capital commitment to the Underlying Fund. |
Notable Quotes 3
Each DB Introduced Person will directly pay Deutsche Bank a Placement Fee (the "DB Placement Fee") in accordance with the schedule provided below in respect of the aggregate Subscription of such DB Introduced Person to the Access Fund.
Deutsche Bank in its sole discretion will have the right to waive all or any portion of the DB Placement Fee payable by any particular DB Introduced Person.
Deutsche Bank will be paid a fee in respect of each such direct investor based on such direct investor's aggregate commitment to the Underlying Fund. Such direct investors will not bear the additional layer of fees and expenses to which DB Introduced Persons are subject.
Red Flags 2
- Deutsche Bank has the discretion to waive placement fees for certain investors, which could raise questions about fairness and equal treatment.
- Direct investors in the Underlying Fund do not bear the additional layer of fees and expenses that DB Introduced Persons are subject to, potentially creating a conflict of interest.
Financial Information
Amounts:5,000,0003,000.0004,999,9993,000,0001 million20,0000.75%
Transactions:
- DB Introduced Person pays Deutsche Bank a Placement Fee based on subscription amount.
- Glendower GP or affiliate pays Deutsche Bank a placement fee equal to 0.75% of the Access Fund's capital commitment to the Underlying Fund attributable to DB Introduced Persons.
Legal Compliance
- Certain Risk Factors and Potential Conflicts of Interest Applicable to DB Introduced Persons
Raw Analysis JSON
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Themes
Financial transactions/money flowBusiness dealings
Organizations 6
SOUTHERN FINANCIAL LLCDeutsche BankAccess FundGlendower GPGlendower Capital, LLCUnderlying Fund
Financial Entities 1
Deutsche Bank
Text Analysis
- Tone
- Professional
- Purpose
- To outline the placement fee structure for Deutsche Bank's introduction of investors to the Access Fund and the Underlying Fund.
- Significance
- This document details the financial arrangements between Deutsche Bank, the Access Fund, the Underlying Fund, and investors, including placement fees and potential conflicts of interest.
File Info
- File Name
- EFTA01364916.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:33.362102
- DOJ Source
- View on DOJ