Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
other
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:43
Summary
This document describes the financial and legal aspects of the Access Fund and its Underlying Fund, focusing on carried interest distributions, indemnification obligations, and restrictions on withdrawals and transfers of interests. It outlines the rights and obligations of the General Partner, Limited Partners, and other involved parties.
Metadata
- Subject
- GLDUS1 29 OF Enterpnses
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0100119, SDNY GM_00246303
- Date
- —
Relationships 4
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Glendower GP | financial | Underlying Fund | Glendower GP is entitled to receive carried interest distributions equal to 12.5% of the Underlying Fund's net profits. |
| Investment Manager | indemnification | Access Fund | The Investment Manager will be indemnified by the Access Fund out of the assets of the Access Fund. |
| Limited Partners | financial | Access Fund | Limited Partners may be required to fund indemnification obligations of the Underlying Fund through the recall of distributions. |
| Limited Partner | transfer | Feeder Fund | A Limited Partner may transfer its Interests to a Feeder Fund with the consent of the General Partner. |
Notable Quotes 2
the Glendower GP is entitled to receive "carried interest" distributions equal to 12.5% of the Underlying Fund's net profits subject to an eight percent (8%) preferred return with a full catch up provision for the Glendower GP.
Limited Partners may not withdraw from the Access Fund prior to its dissolution, provided that a Limited Partner may, with the consent of the General Partner in accordance with the terms of the Partnership Agreement, transfer its Interests to a Feeder Fund.
Red Flags 2
- The General Partner has sole and absolute discretion to withhold or delay consent to a sale, transfer, assignment or other disposition of a Limited Partner's Interest.
- Transfer Expenses paid by a Limited Partner or transferee shall not reduce the
Financial Information
Amounts:12.5%8%$5,000
Assets:
- Underlying Fund's net profits
- assets of the Access Fund
- proceeds of liability insurance
- recalled Distributions
Transactions:
- carried interest distributions
- capital calls
- indemnification
- transfer of Interests
Raw Analysis JSON
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Themes
Financial transactions/money flowLegal matters/litigationBusiness dealings
Organizations 7
Glendower GPInvestment ManagerGeneral PartnerAccess FundLimited PartnersFeeder FundPartnership Agreement
Text Analysis
- Tone
- Professional
- Purpose
- To describe the carried interest, indemnification, and withdrawal/transfer provisions of the Access Fund and Underlying Fund.
- Significance
- This document outlines the financial and legal obligations of the parties involved in the Access Fund and Underlying Fund.
File Info
- File Name
- EFTA01394129.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:43:18.835557
- DOJ Source
- View on DOJ