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 Form ADV Part 2A for iCapital Advisors, LLC, and it discloses potential conflicts of interest arising from relationships with various financial institutions and asset managers who have invested in iCapital or provide services to its funds. It also outlines the company's Code of Ethics and its commitment to prioritizing client interests.
Metadata
- Subject
- Form ADV Part 2A
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0082447, SDNY_GM_00228631
- Date
- —
Relationships 12
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| iCapital Advisors, LLC | business | Gen II | The Gen II relationship will be managed by several iCapital executives. |
| BNY Capital Corporation | ownership | Institutional Capital Network, Inc. | BNY holds a minority ownership interest in Institutional Capital Network, Inc., the parent company of iCapital. |
| iCapital | business | BNY | Certain of the Funds hold cash in accounts at BNY and utilize BNY administrative services. This relationship may create an incentive to select BNY to provide services in respect of the Funds. |
| Institutional Capital Network, Inc. | investment | BlackRock, Inc. | A number of asset managers have invested in Institutional Capital Network, Inc.. the parent company of iCapital, including affiliates of BlackRock, Inc. |
| Institutional Capital Network, Inc. | investment | Credit Suisse Group AG | A number of asset managers have invested in Institutional Capital Network, Inc.. the parent company of iCapital, including affiliates of Credit Suisse Group AG. |
| iCapital | business | BlackRock | iCapital may offer products managed or sponsored by such investors as BlackRock and Credit Suisse or its affiliates and these relationships may create an incentive to select BlackRock or Credit Suisse products as the underlying fund in an iCapital Private Access Fund. |
| iCapital | business | Credit Suisse | iCapital may offer products managed or sponsored by such investors as BlackRock and Credit Suisse or its affiliates and these relationships may create an incentive to select BlackRock or Credit Suisse products as the underlying fund in an iCapital Private Access Fund. |
| Institutional Capital Network, Inc. | investment | Morgan Stanley Smith Barney | select financial services companies. including affiliates of Morgan Stanley Smith Barney have made equity investments in Institutional Capital Network. Inc. |
| Institutional Capital Network, Inc. | investment | UBS Financial Services | select financial services companies. including affiliates of UBS Financial Services have made equity investments in Institutional Capital Network. Inc. |
| iCapital | business | Morgan Stanley | iCapital may offer Private Access Funds to clients of Morgan Stanley and UBS and such investment in iCapital's parent may create an additional incentive for Morgan Stanley and UBS to direct its investments to an iCapital Private Access Fund. |
| iCapital | business | UBS | iCapital may offer Private Access Funds to clients of Morgan Stanley and UBS and such investment in iCapital's parent may create an additional incentive for Morgan Stanley and UBS to direct its investments to an iCapital Private Access Fund. |
| iCapital | business | equity investors | iCapital has and may continue to engage with certain of its equity investors to provide services to the Funds, including administration or other services. |
Notable Quotes 2
Employees must at all times place the interests of the client first:
Employees must make sure that all personal securities transactions are conducted
Red Flags 1
- Potential conflicts of interest due to relationships with investors and service providers.
Financial Information
Assets:
- Funds
- Private Access Funds
Legal Compliance
- Potential conflicts of interest related to iCapital's relationships with various financial institutions and asset managers.
Raw Analysis JSON
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Themes
Financial transactions/money flowBusiness dealingsLegal matters/litigation
Organizations 14
SOUTHERN FINANCIAL LLCiCapital Advisors, LLCGen IIBNY Capital CorporationBNYInstitutional Capital Network, Inc.BlackRock, Inc.BlackRockCredit Suisse Group AGCredit SuisseMorgan Stanley Smith BarneyMorgan StanleyUBS Financial ServicesUBS
Financial Entities 10
BNY Capital CorporationBNYBlackRock, Inc.BlackRockCredit Suisse Group AGCredit SuisseMorgan Stanley Smith BarneyMorgan StanleyUBS Financial ServicesUBS
Text Analysis
- Tone
- Professional
- Purpose
- To disclose potential conflicts of interest related to iCapital's relationships with various financial institutions and asset managers.
- Significance
- This document is significant because it outlines potential conflicts of interest that could influence iCapital's investment decisions.
File Info
- File Name
- EFTA01382899.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:43:22.139956
- DOJ Source
- View on DOJ