Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
legal filing
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:43
Summary
This document is a Form ADV Part 2A for iCapital Advisors, LLC, outlining the terms and conditions related to capital contributions, liabilities, and the role of sub-advisers in managing investment funds. It details potential risks for investors, including penalties for defaulting on capital contributions and uncertainties regarding the legal segregation of funds within a series limited partnership.
Metadata
- Subject
- Form ADV Part 2A
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0082438, SDNY_GM_00228622
- Date
- —
Relationships 3
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| iCapital | business | Investors | iCapital may call additional capital from the Investors that have already made the applicable capital contribution. |
| Partnership | business | Fund | Each Partnership intends that the assets of each series of that Partnership including the applicable Fund will be structured to comply with the Delaware Act |
| 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
Each Partnership intends that the assets of each series of that Partnership including the applicable Fund will be structured to comply with the Delaware Act and that such Fund will be operated with the assets of each series segregated on the books and records of such Partnership so that the assets of one series of the Partnership are not subject to the liabilities of any other series; however, there is no assurance that this structure and operation will be respected in all circumstances and in all jurisdictions.
Red Flags 2
- Potential for investors to lose their investment due to default on capital contributions.
- Uncertainty regarding the legal segregation of funds within a series limited partnership, potentially exposing investors to liabilities of other series.
Financial Information
Transactions:
- capital contribution
- sale of such Investor's Interest
- forfeiture of all or a portion of such Investor's Interest
Legal Compliance
- Potential legal remedies for failure to pay capital contributions.
- Uncertainty regarding the legal segregation of funds within a series limited partnership.
- Reliance on the Sub-Adviser and its Personnel.
Raw Analysis JSON
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Themes
Financial transactions/money flowLegal matters/litigationBusiness dealings
Organizations 6
GLOUS238 SOUTHERN FINANCIAL LLCiCapital Advisors, LLCUnderlying FundSeries Limited PartnershipPartnershipDirect Investment 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 in managing investment funds.
- Significance
- This document outlines the risks and responsibilities associated with investing in the described funds, including potential penalties for defaulting on capital contributions and the reliance on sub-advisers for investment decisions.
File Info
- File Name
- EFTA01382893.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:43:58.078861
- DOJ Source
- View on DOJ