Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
Private Placement Memorandum
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:42
Summary
This document summarizes the terms and conditions of the Glendower Capital Secondary Opportunities Fund IV, LP, detailing aspects such as distributions, clawback provisions for the Special Limited Partner, organizational and operating expenses, and the role of the Fund Advisory Committee. It outlines the financial structure and operational guidelines of the fund.
Metadata
- Subject
- Summary of Terms and Conditions - Glendower Capital Secondary Opportunities Fund IV, LP
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0097662
- Date
- —
Relationships 4
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Fund | Financial | General Partner | Distributions to the General Partner and the Special Limited Partner will not be subject to Carried Interest. |
| Fund | Financial | Special Limited Partner | Upon termination of the Fund, the Special Limited Partner will be required to return to the Fund distributions of Carried Interest previously received to the extent that they exceed the amounts that should have been distributed to the Special Limited Partner as Carried Interest. |
| Fund | Business | Manager | The Manager may in its sole discretion structure a co-investment opportunity such that the proposed participants in such co-investment opportunity do not bear any broken deal expenses, with the result that the Fund will bear all such broken deal expenses. |
| Fund | Governance | Fund Advisory Committee | The Fund will establish an advisory committee consisting of at least three voting members appointed by the Manager (the 'Fund Advisory Committee'). |
Notable Quotes 2
Upon termination of the Fund, the Special Limited Partner will be required to return to the Fund distributions of Carried Interest previously received to the extent that they exceed the amounts that should have been distributed to the Special Limited Partner as Carried Interest (as described in "Distributions' above) applied on an aggregate basis covering all transactions of the Fund.
The Fund will bear all legal and other expenses incurred in the formation of the Fund and the offering of the Interests therein (other than any placement fees), up to an aggregate amount not to exceed US$2,500,000. plus amounts in respect of applicable value added tax.
Financial Information
Amounts:US$2,500,000
Assets:
- Restricted securities
- Other assets of the Fund
- Portfolio investments
Transactions:
- Distributions of Carried Interest
- Tax distributions to the Partners in respect of gain and other income from portfolio investments
- Payment of organizational expenses
- Payment of operating expenses
- Payment of transaction fees
- Payment of break-up fees
- Payment of advisory fees
- Reduction of General Partner's Share
Raw Analysis JSON
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Themes
Financial transactions/money flowBusiness dealings
People 1
Organizations 8
Glendower CapitalGlendower Capital Secondary Opportunities Fund IV, LPFundGeneral PartnerSpecial Limited PartnerManagerSecond GPFund Advisory Committee
Text Analysis
- Tone
- Professional
- Purpose
- To summarize the terms and conditions of the Glendower Capital Secondary Opportunities Fund IV, LP, specifically focusing on distributions, expenses, and fees.
- Significance
- This document outlines the financial structure and operational details of the fund, which is crucial for potential investors and stakeholders.
File Info
- File Name
- EFTA01392439.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:42:15.558919
- DOJ Source
- View on DOJ