Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
Form ADV Part 2A
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
This document is a Form ADV Part 2A from iCapital Advisors, LLC, outlining the terms, risks, and limitations associated with investing in Private Access Funds. It details potential penalties for failing to meet capital contribution obligations and clarifies that iCapital is not providing investment advice.
Metadata
- Subject
- iCapital Advisors, LLC
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0097456 SDNY_GM_00243640
- Date
- —
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| iCapital Advisors, LLC | Business | Private Access Fund | iCapital Advisors manages Private Access Funds |
| Private Access Fund | Investment | Underlying Fund | Private Access Funds invest in Underlying Funds |
Notable Quotes 2
If an Investor fails to make a required capital contribution to a Private Access Fund on its due date (including, without limitation, recalls of distributed capital). regardless of the reason (including legal or other prohibitions). Capital may impose substantial penalties on such Investor and use any available remedies to enforce the contribution obligation.
By making the Private Access Funds available, neither iCapital nor any of its affiliates is providing investment advice or making any recommendation as to the advisability of an investment in a Private Access Fund or the Underlying Fund.
Red Flags 3
- Substantial penalties for failure to make capital contributions.
- Potential for forfeiture of investment in Underlying Fund.
- Lack of investor control over Underlying Fund decisions.
Financial Information
Assets:
- Investment in the Underlying Fund
Transactions:
- Capital contributions to Private Access Funds
- Recalls of distributed capital
- Investment in Underlying Fund
- Repayment of distributions to Underlying Fund
Public Knowledge
- Context
- This is a standard disclosure document for investors.
Legal Compliance
- Potential penalties for failure to make required capital contributions
- Potential forfeiture of investment in Underlying Fund due to default
- No recourse against the Underlying Fund for investors in Private Access Funds
- Underlying Fund terms are subject to change
Raw Analysis JSON
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Themes
Financial transactions/money flowLegal matters/litigationBusiness dealings
People 1
Organizations 4
iCapital Advisors, LLCPrivate Access FundUnderlying FundUnderlying Fund Manager
Text Analysis
- Tone
- Informative
- Purpose
- To inform investors about the terms and risks associated with investing in Private Access Funds.
- Significance
- This document outlines the responsibilities and potential liabilities of investors in Private Access Funds, as well as the limitations of iCapital's involvement.
File Info
- File Name
- EFTA01392264.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:37.792997
- DOJ Source
- View on DOJ