Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
other
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:42
Summary
This document outlines the fees Deutsche Bank receives as a placement agent for the Access Funds and discloses potential conflicts of interest arising from these financial arrangements. It details the structure of placement and servicing fees, highlighting variations based on subscription amounts and the potential for Deutsche Bank to favor certain investments due to fee incentives.
Metadata
- Subject
- Bright Group
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0099541, SDNY_GM_00245725
- Date
- —
Relationships 3
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Deutsche Bank | Placement Agent | Access Funds | Deutsche Bank serves as a Placement Agent for the Access Funds. |
| Investment Manager | Servicing Agreement | Deutsche Bank | The Investment Manager pays a Servicing Fee to Deutsche Bank for servicing functions. |
| Glendower GP | Placement Fee | Deutsche Bank | Deutsche Bank receives a placement fee from the Glendower GP. |
Red Flags 2
- Potential conflict of interest for Deutsche Bank in recommending investments in the Access Funds due to the fees received.
- Deutsche Bank may waive or reduce the DB Placement Fee for certain DB Introduced Persons without entitling others to the same waiver or reduction.
Financial Information
Amounts:$3 million$5 million0.65% per annum0.45% per annum0.05% per annum0.4875% per annum0.36% per annum0.20%0.75%
Assets:
- Interests in the Access Fund
- Shares of other funds or investment products
- Invested Capital
Transactions:
- DB Placement Fee
- Servicing Fee
- Placement fee equal to 0.75% of the portion of the Access Fund's aggregate capital commitment to the Underlying Fund attributable to the Subscriptions of each DB Introduced Person
Legal Compliance
- Potential conflict of interest for Deutsche Bank in recommending investments in the Access Funds due to the fees received.
Raw Analysis JSON
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Themes
Financial transactions/money flowBusiness dealings
Organizations 5
Bright GroupDeutsche BankAccess FundsInvestment ManagerGlendower GP
Financial Entities 1
Deutsche Bank
Text Analysis
- Tone
- Informative
- Purpose
- To disclose the fees and potential conflicts of interest associated with Deutsche Bank's role as a placement agent for the Access Funds.
- Significance
- This document highlights the financial arrangements and potential conflicts of interest involved in the placement of investments in the Access Funds by Deutsche Bank.
File Info
- File Name
- EFTA01393774.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:42:56.487592
- DOJ Source
- View on DOJ