Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
Form ADV Part 2A
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:44
Summary
This document is a Form ADV Part 2A from iCapital Advisors, LLC, outlining potential risks and liabilities for investors, including consequences of defaulting on capital contributions and uncertainties regarding asset segregation within series limited partnerships. It also discusses the reliance on sub-advisers and the potential impact of their departure.
Metadata
- Subject
- iCapital Advisors, LLC
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0093953, SDNY_GM_00240137
- Date
- —
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| iCapital | Financial | Investors | iCapital may call additional capital from Investors to fund Defaulted Amounts. |
| Fund | Business | Sub-Adviser | The success of a Fund depends 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
there is no assurance that this structure and operation will be respected in all circumstances and in all jurisdictions. It is therefore possible that the assets attributable to one series may be insufficient to meet the debts, liabilities and obligations of such series and. consequently. that creditors of such series will seek recourse against the assets of a Fund.
Red Flags 2
- Potential for investors to lose their entire investment due to default.
- Uncertainty regarding the legal segregation of assets within a series limited partnership.
Financial Information
Assets:
- Assets of the Fund
- Assets of the limited partnership
Transactions:
- Capital contributions
- Sale of Investor's Interest
- Forfeiture of Investor's Interest
Public Knowledge
- Context
- Form ADV Part 2A is a disclosure document that registered investment advisers must provide to their clients and prospective clients.
Legal Compliance
- Potential legal remedies for unpaid capital contributions.
- Uncertainty regarding the legal segregation of funds within a series limited partnership.
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowLegal matters/litigationBusiness dealings
Organizations 6
GLDUS132 EverVVatch FinancialiCapital Advisors, LLCUnderlying FundPartnershipSub-AdviserDirect Investment Fund
Locations 1
Delaware
Text Analysis
- Tone
- Informative
- Purpose
- To inform investors about potential risks and liabilities associated with investing in iCapital Advisors, LLC funds.
- Significance
- This document outlines the potential consequences of defaulting on capital contributions and the risks associated with series limited partnerships.
File Info
- File Name
- EFTA01389591.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:44:03.486689
- DOJ Source
- View on DOJ