Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
legal filing
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:42
Summary
This document is iCapital Advisors' Form ADV Part 2A, which details their brokerage practices, review of accounts, and client referral and compensation structures. It outlines how iCapital selects brokers, reviews fund performance, and compensates third parties for client referrals.
Metadata
- Subject
- Form ADV Part 2A
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0088237
- Date
- —
Relationships 3
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| iCapital Securities, LLC | affiliate | iCapital Advisors, LLC | iCapital Securities, LLC is an affiliate of iCapital Advisors, LLC. |
| Direct Access Fund | business | Sub-Adviser | iCapital has selected a Sub-Adviser that had been delegated trading authority on behalf of the applicable Direct Access Fund. |
| Private Access Fund | business | Underlying Fund Manager | Any 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.
A Sub-Adviser may use "soft dollar" credits generated by a Direct Access Fund's securities transactions with broker-dealers to pay for research and execution products or services that fall within the safe harbor created by Section 28(e) of the Securities Exchange Act of 1934.
Financial Information
Assets:
- securities
- equity
- NAV
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
click to expand
Themes
Financial transactions/money flowLegal matters/litigationBusiness dealings
Organizations 7
GLOUS238 SOUTHERN FINANCIAL LLCiCapital Advisors, LLCiCapital Securities, LLCPrivate Access FundsDirect Access FundUnderlying FundsUnderlying Fund Manager
Financial Entities 1
broker-dealers
Text Analysis
- Tone
- Professional
- Purpose
- To provide information about brokerage practices, account reviews, and client referrals and other compensation related to iCapital Advisors and its funds.
- Significance
- This document outlines the brokerage practices, review of accounts, and compensation structures of iCapital Advisors, providing transparency to investors.
File Info
- File Name
- EFTA01386512.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:42:33.948883
- DOJ Source
- View on DOJ