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 Form ADV Part 2A from iCapital Advisors, LLC, detailing their brokerage practices, account review processes, and compensation arrangements. It outlines how iCapital selects brokers, reviews fund performance, and handles client referrals and placement fees.
Metadata
- Subject
- Form ADV Part 2A
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0082450
- Date
- —
Relationships 4
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| iCapital Securities. LLC | affiliate | iCapital Advisors, LLC | iCapital Securities. LLC is an affiliate of iCapital Advisors, LLC. |
| iCapital | investment | Private Access Fund | iCapital will not generally make investments in securities listed on national exchanges with respect to the Private Access Funds. |
| iCapital | Sub-Adviser | Direct Access Fund | iCapital has selected a Sub-Adviser that had been delegated trading authority on behalf of the applicable Direct Access Fund. |
| iCapital Securities | payment | Underlying Fund Manager | Placement fees generated from an investment by a Private Access Fund in an Underlying Fund will be paid to iCapital Securities by an Underlying Fund Manager (or its affiliates). |
Notable Quotes 2
In seeking to achieve best execution, iCapital will not be obligated to obtain the lowest commission or best net price for a Private Access Fund in respect of any particular transaction.
Investors in Funds structured as private equity funds will generally receive quarterly statements detailing their account information including the account's beginning and ending equity. and the account's performance for that period.
Financial Information
Transactions:
- Placement fees generated from an investment by a Private Access Fund in an Underlying Fund will be paid to iCapital Securities by an Underlying Fund Manager (or its affiliates).
Raw Analysis JSON
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Themes
Financial transactions/money flowLegal matters/litigationBusiness dealings
Organizations 6
SOUTHERN FINANCIAL LLCiCapital Advisors, LLCiCapital Securities. LLCPrivate Access FundsDirect Access FundUnderlying Fund Manager
Text Analysis
- Tone
- Professional
- Purpose
- To provide information about brokerage practices, review of accounts, and client referrals and other compensation.
- Significance
- This document outlines iCapital's policies and procedures regarding brokerage practices, account reviews, and compensation arrangements.
File Info
- File Name
- EFTA01382902.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:07.055833
- DOJ Source
- View on DOJ