Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
memorandum
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:42
Summary
This document summarizes the terms and conditions of the Glendower Capital Secondary Opportunities Fund IV. LP, including indemnification, removal of the General Partner, amendments to the Fund Partnership Agreement, default provisions, and the term of the Fund. It outlines the responsibilities and potential liabilities of the General Partner, Manager, and Limited Partners.
Metadata
- Subject
- Summary of Terms and Conditions - Glendower Capital Secondary Opportunities Fund IV. LP
- Sender
- Lawrence Hirsch
- Recipients
- —
- Document ID
- DB-SDNY-0100650, SDNY GM_00246834
- Date
- —
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| General Partner | contractual | Limited Partners | Governed by Fund Partnership Agreement |
| Manager | business | Fund | Manager provides marketing information |
Notable Quotes 2
None of the General Partner, the Manager, the Second GP, their respective affiliates, the Fund Advisory Committee members or the directors, officers, partners, members, employees or agents of any of them (each a 'Coveted Person") will be liable to the Fund or the Limited Partners for any good faith act or omission relating to the Fund.
The General Partner may be removed by a majority in interest of the Limited Partners where it has been finally determined by a cowl of competent jurisdiction that the General Partner, the Manager or the Second GP has engaged in certain removal conduct.
Red Flags 2
- Broad indemnification clause for Covered Persons, potentially shielding them from liability for certain actions.
- Default provisions for Limited Partners, including forfeiture of a substantial portion of their Interest.
Financial Information
Assets:
- Interest
Transactions:
- Advances or other contributions to the Fund
- Payment of interest on the defaulted amount at a rate equal to the higher of (i) three-month USD LIBOR plus 2%. and (ii) 8%
Legal Compliance
- Material violation of the Fund Partnership Agreement
- Conviction of a felony
- Willful violation of law
- Bad faith
- Gross negligence
- Fraud
- Willful misconduct
- Reckless disregard of duties
- Misrepresentation in the Fund's marketing information
- Default in respect of obligation to make Advances or other contributions to the Fund
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowLegal matters/litigationBusiness dealings
People 1
Organizations 6
Glendower Capital Secondary Opportunities Fund IV. LPGlendower CapitalFund Advisory CommitteeManagerSecond GPGeneral Partner
Text Analysis
- Tone
- Professional
- Purpose
- To summarize the terms and conditions of the Glendower Capital Secondary Opportunities Fund IV. LP.
- Significance
- Outlines the indemnification, removal, amendment, default, and term conditions of the fund partnership agreement.
File Info
- File Name
- EFTA01394619.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:42:37.751777
- DOJ Source
- View on DOJ