Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
Form ADV Part 2A
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:42
Summary
This document is a Form ADV Part 2A from iCapital Advisors, LLC, outlining the terms and risks associated with investing in Private Access Funds. It details capital contribution requirements, potential penalties for non-compliance, and limitations on investor rights and recourse against Underlying Funds.
Metadata
- Subject
- —
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0098697
- Date
- —
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| iCapital | Manager | Private Access Fund | iCapital manages Private Access Funds |
| Private Access Fund | Investor | Underlying Fund | Private Access Fund invests in Underlying Fund |
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). iCapital may impose substantial penalties on such Investor and use any available remedies to enforce the contribution obligation.
Investors in any Private Access Fund will have no opportunity to participate directly in the day-to-day operations of such Underlying Fund.
Red Flags 2
- Potential for substantial penalties for failure to meet capital contribution obligations.
- Lack of investor control over Underlying Fund operations.
Financial Information
Assets:
- Investment in Underlying Fund
Transactions:
- Capital contributions to Private Access Fund
- Investment in Underlying Fund
- Repayment of distributions to Underlying Fund
Legal Compliance
- Potential penalties for failure to make required capital contributions.
- Risk of forfeiture of investment in Underlying Fund.
- Lack of recourse against the Underlying Fund.
Raw Analysis JSON
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Themes
Financial transactions/money flowLegal matters/litigationBusiness dealings
Organizations 6
Aspen Grove Capital, LLCiCapital Advisors, LLCiCapitalPrivate Access FundUnderlying FundUnderlying Fund Manager
Text Analysis
- Tone
- Informative, legalistic
- Purpose
- To inform investors about the risks and terms associated with investing in Private Access Funds.
- Significance
- This document outlines the potential risks and limitations of investing in Private Access Funds, including capital contribution requirements, penalties for non-compliance, and lack of recourse against the Underlying Fund.
File Info
- File Name
- EFTA01393210.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:42:43.390437
- DOJ Source
- View on DOJ