Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
legal filing
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:44
Summary
This document is Form ADV Part 2A for iCapital Advisors, LLC, outlining potential risks associated with investing in their funds. These risks include investor default, cross-series liabilities, and reliance on sub-advisers.
Metadata
- Subject
- Form ADV Part 2A
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0098699, SDNY_GM_00244883
- Date
- —
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| iCapital Advisors, LLC | Business | Investors | iCapital may call additional capital from the Investors that have already made the applicable capital contribution. |
| Fund | Business | Sub-Adviser | The success of a Fund depends, to a great extent on a Sub- Adviser's ability to identify favorable investment opportunities. |
Notable Quotes 2
A defaulting Investor will be responsible for interest charges and default charges imposed by an Underlying Fund that arise from or relate to such Investor's failure to pay requested capital contributions.
It is therefore possible that the assets attributable to one series may be insufficient to meet the debts, liabilities and obligations of such series and. consequently. that creditors of such series will seek recourse against the assets of a Fund.
Red Flags 1
- The degree of separation that a Fund enjoys from the debts, liabilities and obligations of other series of a Partnership is not certain.
Financial Information
Assets:
- Assets of the Fund
- Assets of the Partnership
Transactions:
- Capital contributions
- Sale of Investor's Interest
- Forfeiture of Investor's Interest
Legal Compliance
- Potential for cross-series liabilities within a series limited partnership.
- Risk of investor default on capital contributions and associated legal remedies.
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowLegal matters/litigationBusiness dealings
Organizations 2
Aspen Grove Capital, LLCiCapital Advisors, LLC
Locations 1
Delaware
Text Analysis
- Tone
- Professional
- Purpose
- To provide information about iCapital Advisors, LLC and the risks associated with investing in their funds.
- Significance
- This document outlines the potential risks and liabilities associated with investing in funds managed by iCapital Advisors, LLC, including the possibility of default, cross-series liabilities, and reliance on sub-advisers.
File Info
- File Name
- EFTA01393212.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:44:02.097472
- DOJ Source
- View on DOJ