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 part of iCapital Advisors' Form ADV Part 2A and describes the terms related to capital contributions from investors, the potential liabilities within a series limited partnership structure, and the reliance on sub-advisers for investment decisions. It highlights the risks associated with the legal segregation of funds and the potential for investors to face legal action for defaulting on capital contributions.
Metadata
- Subject
- iCapital Advisors, LLC Form ADV Part 2A
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0095268
- Date
- —
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| iCapital Advisors, LLC | business | Investors | iCapital may call additional capital from the Investors that have already made the applicable capital contribution. |
| Fund | business | Sub-Adviser | The success of a Fund depends, to a great extent on a Sub- Adviser's ability to identify favorable investment opportunities |
Notable Quotes 2
A defaulting Investor will be responsible for interest charges and default charges imposed by an Underlying Fund that arise from or relate to such Investor's failure to pay requested capital contributions.
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 1
- The document highlights the risk that the legal segregation of funds within a series limited partnership may not be fully effective, potentially exposing assets to liabilities from other series.
Financial Information
Transactions:
- capital contribution
- sale of such Investor's Interest
- forfeiture of all or a portion of such Investor's Interest
Legal Compliance
- Potential legal remedies for failure to pay 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
People 1
Organizations 6
iCapital Advisors, LLCUnderlying FundSeries Limited PartnershipPartnershipDelaware ActDirect Investment Fund
Locations 1
Delaware
Text Analysis
- Tone
- Professional
- Purpose
- To describe the terms and conditions related to capital contributions, liabilities, and the role of sub-advisers in investment funds.
- Significance
- This document outlines the financial and legal responsibilities of investors and the operational structure of investment funds managed by iCapital Advisors.
File Info
- File Name
- EFTA01390694.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:42:04.191013
- DOJ Source
- View on DOJ