EFTA01390841.txt Text dataset_10 View on DOJ

Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
Memorandum
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
This document summarizes the terms and conditions of the Glendower Capital Secondary Opportunities Fund IV, LP, outlining the responsibilities and liabilities of the General Partner, Manager, and Limited Partners. It covers aspects such as indemnification, removal conditions, amendment procedures, default provisions, and the fund's term.
Metadata
Subject
Summary of Terms and Conditions - Glendower Capital Secondary Opportunities Fund IV, LP
Sender
Recipients
Document ID
DB-SDNY-0095475
Date
Relationships 2
Entity 1RelationshipEntity 2Description
General Partner Financial Limited Partners General Partner manages the fund, Limited Partners invest in the fund.
Manager Business Fund The Manager provides marketing information and advice to the Fund.
Notable Quotes 2
None of the General Partner, the Manager, the Second GP, their respective affiliates, the Fund Advisory Committee members or the directors, officers, partners, members, employees or agents of any of them (each a 'Coveted Person") will be liable to the Fund or the Limited Partners for any good faith act or omission relating to the Fund, except for (i) any such act or omission constituting an uncured material violation of the Fund Partnership Agreement, conviction of a felony, willful violation of law, bad faith, gross negkgence, fraud, willful misconduct or reckless disregard of duties by such Covered Person, or (ii) any claim or proceeding commenced by a Limited Partner against the Manager for any misrepresentation in the Fund's marketing information (including information, advice. materials, documents and this Memorandum communicated by the Manager or a person on behalf of, and as approved by. the Manager, where such misrepresentation has had a direct material adverse impact on such Limited Partner, in each case as determined by a court of competent jurisdiction.
The General Partner may be removed by a majority in interest of the Limited Partners where it has been finally determined by a cowl of competent jurisdiction that the General Partner, the Manager or the Second GP has engaged in certain removal conduct.
Financial Information
Amounts:three-month USD LIBOR plus 2%8%
Assets:
  • Interest
Transactions:
  • Advances or other contributions to the Fund
  • Payment of interest on the defaulted amount
Legal Compliance
  • Material violation of the Fund Partnership Agreement
  • Conviction of a felony
  • Willful violation of law
  • Bad faith
  • Gross negligence
  • Fraud
  • Willful misconduct
  • Reckless disregard of duties
  • Misrepresentation in the Fund's marketing information
  • Default in respect of obligation to make Advances or other contributions
Raw Analysis JSON click to expand
Themes
Financial transactions/money flowLegal matters/litigationBusiness dealings
Organizations 3
Glendower Capital Secondary Opportunities Fund IV, LPGlendower CapitalFund Advisory Committee
Text Analysis
Tone
Formal, legal
Purpose
To summarize the terms and conditions of the Glendower Capital Secondary Opportunities Fund IV, LP.
Significance
This document outlines the legal and financial agreements between the General Partner and the Limited Partners, including indemnification, removal conditions, amendment procedures, default provisions, and the term of the fund.
File Info
File Name
EFTA01390841.txt
Dataset
dataset_10
Type
Text
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41:14.777495
DOJ Source
View on DOJ