Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
Form ADV Part 2A
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:43
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 failure to contribute, and the relationship between Private Access Funds and Underlying Funds, emphasizing that iCapital is not providing investment advice.
Metadata
- Subject
- —
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0 100441
- Date
- —
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| iCapital Advisors, LLC | business | Private Access Fund | iCapital Advisors manages Private Access Funds |
| Private Access Fund | investment | 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.
By making the Private Access Funds available, neither iCapital nor any of its affiliates is providing investment advice or making any recommendation as to the advisability of an investment in a Private Access Fund or the Underlying Fund.
Red Flags 2
- Substantial penalties for failure to make required capital contributions.
- Forfeiture of investment in Underlying Fund due to failure to make capital contribution.
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.
- Underlying Fund may exercise remedies against Private Access Fund for failure to make capital contribution.
- Investors in Private Access Fund have no recourse against Underlying Fund.
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowLegal matters/litigationBusiness dealings
People 1
Organizations 4
iCapital Advisors, LLCPrivate Access FundUnderlying FundUnderlying Fund Manager
Text Analysis
- Tone
- Formal, legalistic
- Purpose
- To inform investors about the terms and risks associated with investing in Private Access Funds.
- Significance
- This document outlines the responsibilities and limitations of iCapital Advisors, the risks associated with investing in Private Access Funds, and the relationship between Private Access Funds and Underlying Funds.
File Info
- File Name
- EFTA01394433.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:43:58.167749
- DOJ Source
- View on DOJ