EFTA01391612.txt Text dataset_10 View on DOJ

Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
legal filing
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
This document is Form ADV Part 2A for iCapital Advisors, LLC, which describes the risks associated with investing in Private Access Funds. These risks include illiquidity, potential tax liabilities, economic and market risks, and consequences of default.
Metadata
Subject
Form ADV Part 2A
Sender
—
Recipients
—
Document ID
DB-SDNY-0096594
Date
—
Relationships 2
Entity 1RelationshipEntity 2Description
Private Access Fund investment Underlying Fund Private Access Fund invests in Underlying Fund
iCapital reliance Underlying Fund Manager iCapital relies on Underlying Fund Manager's projections
Red Flags 3
  • Potential for tax liabilities exceeding cash distributions.
  • Illiquidity of investments in private equity funds.
  • Risk of forfeiture of interest in Underlying Fund due to failure to make capital contributions.
Financial Information
Assets:
  • private equity funds
  • securities
Transactions:
  • capital contribution
  • distribution
Legal Compliance
  • Tax liabilities in excess of cash distributions
  • UBTI for tax-exempt investors
  • Illiquidity of Private Access Fund Investments
  • Consequences of Default
Raw Analysis JSON click to expand
Themes
Financial transactions/money flowLegal matters/litigation
Organizations 5
GLDUS142 fronsedes Asset MgmtiCapital Advisors, LLCPrivate Access FundUnderlying FundiCapital
Locations 4
U.S.federalstatelocal
Text Analysis
Tone
Informative
Purpose
To provide information about iCapital Advisors, LLC and Private Access Funds, including risks and tax implications.
Significance
This document outlines the risks associated with investing in Private Access Funds, including illiquidity, tax liabilities, and economic and market risks.
File Info
File Name
EFTA01391612.txt
Dataset
dataset_10
Type
Text
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41:14.964912
DOJ Source
View on DOJ