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 details the financial structure and legal obligations related to the GLDUS132 EverWatch Financial Underlying Fund. It covers carried interest distribution to Glendower GP, indemnification of various parties by the Access Fund, and restrictions on Limited Partners' ability to withdraw or transfer interests.
Metadata
- Subject
- GLDUS132 EverWatch Financial Underlying Fund Carried Interest Indemnification Withdrawal and Transfer
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0094065, SDNY_GM_00240249
- Date
- —
Relationships 5
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Glendower GP | financial | Underlying Fund | Glendower GP is entitled to receive carried interest distributions equal to 12.5% of the Underlying Fund's net profits. |
| Investment Manager | legal | Access Fund | The Investment Manager will be indemnified by the Access Fund. |
| Access Fund | financial | Underlying Fund | The Access Fund will be obligated to fund certain indemnification obligations of the Underlying Fund. |
| Limited Partners | financial | Access Fund | Limited Partners may not withdraw from the Access Fund prior to its dissolution. |
| Limited Partner | legal | General Partner | A Limited Partner may, with the consent of the General Partner, transfer its Interests to a Feeder Fund. |
Notable Quotes 2
the Glendower GP is entitled to receive "carried interest" distributions equal to 12.5% of the Underlying Fund's net profits subject to an eight percent (8%) preferred return with a full catch up provision for the Glendower GP.
Limited Partners may not withdraw from the Access Fund prior to its dissolution, provided that a Limited Partner may, with the consent of the General Partner in accordance with the terms of the Partnership Agreement, transfer its Interests to a Feeder Fund.
Financial Information
Amounts:12.5%8%$5,000
Assets:
- Underlying Fund's net profits
- assets of the Access Fund
- capital calls from the Limited Partners
Transactions:
- carried interest distributions
- indemnification obligations
- transfer of Interests
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowLegal matters/litigationBusiness dealings
Organizations 7
GLDUS132 EverWatch FinancialGlendower GPInvestment ManagerGeneral PartnerAccess FundUnderlying FundPartnership
Text Analysis
- Tone
- Professional
- Purpose
- To describe the financial and legal aspects of the GLDUS132 EverWatch Financial Underlying Fund, including carried interest, indemnification, and withdrawal/transfer policies.
- Significance
- This document outlines the financial and legal obligations of investors in the Access Fund and the Underlying Fund.
File Info
- File Name
- EFTA01389701.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:43:06.402289
- DOJ Source
- View on DOJ