document_description: The document outlines Alkeon's investment strategy, focusing on long positions in growth companies with strong fundamentals and short positions in low-quality businesses. It emphasizes a growth philosophy independent of economic cycles and a true long/short focus aimed at profit rather than hedging. The strategy includes a global mandate to pursue growth opportunities worldwide, including in emerging markets.


source: doj

document_description: The document outlines a research-intensive approach to investing by AGP LP 519 Alpha Group Capital, led by Paul Barrett. It emphasizes deep domain expertise through extensive analysis of business drivers, industry dynamics, and detailed modeling of projected earnings. The strategy includes executive-level understanding of industry competitive dynamics, market shifts, profitability trends, and growth rates. It involves extensive communication with industry leaders and executives globally, supported by detailed analysis of public filings and industry data, and an ownership perspective in business analysis.


document_description: The document outlines the risk management strategies of AGP LP 519 Alpha Group Capital, emphasizing strong business and compliance infrastructure, prudent use of leverage, strong liquidity, high diversification, and investment in businesses with healthy cash positions. It distinguishes between volatility and risk, aiming to take advantage of volatility rather than actively managing it.


document_description: The document outlines a disciplined approach to portfolio construction by Alpha Group Capital, managed by Paul Barrett. It includes a workflow diagram with key elements such as starting from a stock universe, using inputs from research analysts, public filings, company executives, industry leaders, and quantitative filters. The processes involve analytical modeling and risk management, leading to the output of a portfolio.


document_description: The document provides a performance report of AGP LP 519 Alpha Group Capital, highlighting strong excess returns on both long and short portfolios compared to equity indices from January 2001 to September 2017. The AGS net cumulative return was 360.2%, with long and short gross cumulative returns of 241.4% and 27.8% respectively, outperforming the MSCI World and MSCI AC World indices.


document_description: The document provides an analysis of the performance of AGP LP 519 Alpha Group Capital from January 1998 to December 2016, highlighting its asymmetric upside/downside participation. The report shows that the combination of strong double Alpha and net-long bias has resulted in significant upside participation and limited downside participation over periods greater than one year. It includes performance metrics compared to MSCI World and MSCI AC World indices.


document_description: The document provides a performance report for AGP LP 519 Alpha Group Capital, highlighting strong performance in difficult markets from January 1998 to December 2016. It includes two-year cumulative returns for the Alkeon Growth Strategy compared to MSCI World and MSCI AC World indices. The report notes that AGS had only one losing two-year period (2001-2002) and emphasizes strong alpha generation over two-year periods.


document_description: The document provides information on the monthly updates available on Alkeon's website for AGS, including Measurisk® reporting, weekly performance estimates, liquidity and geographic profiles, historical performance attribution, and gross and net exposure. It also mentions the availability of monthly and quarterly investor letters and highlights the experienced client servicing team at Alkeon Capital Management.


document_description: The document lists members of the Alkeon Fundamental Analyst Team along with their previous positions and educational background. It is marked as confidential and is related to Alkeon Capital Management.


document_description: The document contains a table listing members of the Alkeon Fundamental Analyst Team, including their names, positions, and professional backgrounds. It also includes a confidentiality notice and document identifiers.


document_description: This document is a confidential appendix related to Alkeon Capital Management, marked as confidential pursuant to Federal Rule of Criminal Procedure 6(e).


document_description: The document provides a financial report on Alkeon Growth PW Partners, LP, detailing gross and net exposure percentages from August 2010 to August 2017, as well as monthly and year-to-date net performance from 2010 to 2017. It includes comparative performance data against MSCI World and MSCI AC World indices. The report notes that past performance is not indicative of future results and outlines the fee structure for investors.


document_description: The document provides financial performance data for the Alkeon Growth Offshore Fund, Ltd., including gross and net exposure percentages from 2003 to 2017, as well as monthly and year-to-date net performance figures for the same period. The data includes comparisons with MSCI World and MSCI AC World indices. The document also mentions management fees and incentive allocations applicable to investors.


document_description: The document provides a detailed performance analysis of the Alkeon Growth Strategy (AGS) from 1998 to 2017, including gross and net exposure and net performance data. It includes a table with monthly and annual performance percentages compared to MSCI World and MSCI AC World indices. The document also outlines management fee changes over the years and mentions data sources such as BNY Mellon and Morgan Stanley Prime Brokerage.


document_description: The document outlines the terms for two financial products managed by Alkeon Capital Management, LLC: Alkeon Growth PW Partners, LP and Alkeon Growth Offshore Fund, Ltd. It includes details such as strategy and fund launch dates, portfolio and risk managers, minimum investment, management and incentive fees, lockup periods, liquidity, early redemption fees, notice periods, auditors, prime brokers, and administrators.


document_description: This document is a glossary of financial terms related to fund performance and market exposure, sourced from Hedgetund.net and Morgan Stanley Prime Brokerage. It includes definitions and explanations of terms such as Alpha, Beta, Annualized Alpha Generation, Compounded Monthly Return, Delta and Delta Adjusted Exposure, Gross Exposure, Liquidity Bucket, Market Capitalization, Net Exposure, Downside Deviation, Sortino Ratio, and Sharpe Ratio. The document is marked as confidential and is related to Alkeon Capital Management.


document_description: The document outlines the risk considerations for investing in Alkeon Growth PW Partners, LP and Alkeon Growth Offshore Fund, Ltd. It highlights the speculative nature of the investment program, the use of leverage, active trading, short sales, and derivatives, and the associated substantial risks. The document emphasizes that the fund is not a mutual fund and is subject to high fees, and it is not federally insured. It also discusses the risks related to investing in equity securities, foreign issuers, and companies in emerging markets.


document_description: This document is a confidential financial disclosure from Alkeon Capital Management, LLC, detailing the performance and management of various funds under the Alkeon Growth Strategy. It includes disclaimers about the confidentiality of the information, the historical nature of performance data, and the risks associated with investing in Alkeon funds. The document also outlines the management history and fee structures of the funds, and emphasizes the illiquid nature of investments in these funds.


document_description: This document contains disclaimers related to Alkeon Capital Management's investment processes and performance comparisons. It emphasizes that references to specific companies or securities are illustrative and not recommendations. The document discusses the use of indices for performance evaluation, sources of information, proprietary rights, and the nature of forward-looking statements. It clarifies that the document is not an investment offer and has not been reviewed by regulatory bodies.


document_description: This document contains disclaimers and notices for investors in Hong Kong, Switzerland, the United Kingdom, Singapore, and Korea regarding the offering and sale of interests or securities by Alkeon Capital Management. It specifies the legal restrictions and conditions under which these securities can be offered in each jurisdiction, emphasizing that the document is not a prospectus and has not been approved by relevant financial authorities.


document_description: The document discusses the limited space for city expansion in Stuttgart due to topographic and environmental factors. It highlights the former IBM headquarters as a potential development site for residential and commercial use. The property is designated for 3,500 residents with a mix of rental apartments, condominiums, and commercial space. SSN Group is the project developer. Details of the financing include a real estate secured loan agreement with senior and junior interest rates, a maturity of 4 years, and involvement of Deutsche Bank, Wilmington Trust, and Solutus. The transaction is set to close in November 2017.


document_description: Invitation to the preview of Frieze London & Frieze Masters, organized by Deutsche Bank Wealth Management, featuring the exhibition 'Another World' curated by Tracey Emin. The event offers VIP access to the art fair and highlights the Deutsche Bank Collection's focus on female artists.


document_description: This document is a confidential communication from Deutsche Bank, containing disclaimers about the confidentiality and intended recipient of the information. It also includes a reference to EU corporate and regulatory disclosures and a disclaimer about not providing legal or tax advice.


document_description: Invitation to the preview of Frieze London & Frieze Masters, featuring an exhibition of women artists from the Deutsche Bank Collection. The event celebrates the centenary of female empowerment and includes a special exhibition curated by Tracey Emin. The invitation is extended by Fabrizio Campelli, Global Head of Deutsche Bank Wealth Management.


document_description: Cynthia Rodriguez confirms that $11 million was automatically swept from the DBTCA account to Southern Financial's DB AG account as per the Preferred Cash Addendum. The sweep maintains a $1,000 balance in the DBTCA account, transferring any excess to the DB AG account.


document_description: The document is a confidential disclosure from Deutsche Bank, indicating that the bank does not provide legal or tax advice. It includes confidentiality notices and reference numbers.


document_description: The document is a legal communication related to a securities offering. It mentions that the issuer has filed a registration statement with the SEC and advises potential investors to read the prospectus and other documents filed with the SEC for complete information. It provides contact information for obtaining the prospectus.


document_description: The document contains financial information about various unsecured financial instruments, including their terms, interest rates, and issuers. It also includes a confidentiality notice and a disclaimer about the intended audience for the information.


document_description: This document is a communication from Vahe Stepanian, a Key Client Partner at Deutsche Bank Securities Inc. It contains a confidentiality notice and a disclaimer about the nature of the information provided, stating that Deutsche Bank does not offer legal or tax advice. The document also references a link for additional EU corporate and regulatory disclosures.


document_description: The document is an unofficial trade confirmation from Deutsche Bank Securities Inc., prepared on 06/06/2018. It emphasizes that the information is sourced from reliable sources but advises referring to official account statements for accurate trade information. The document is intended for sophisticated institutional investors as per FINRA Rule 4512(C)(3). It outlines that trades and transactions require internal approvals and are conditional on becoming a client of Deutsche Bank. The communication is confidential and not legally binding, and it advises against unauthorized distribution.


document_description: The document is a confidential communication from Deutsche Bank, indicating that it does not provide legal or tax advice. It includes reference numbers DB-SDNY-0087948, SDNY_GM_00234132, and EFTA01386314, and is marked as confidential pursuant to Federal Rule of Criminal Procedure 6(e).


document_description: The document provides financial data on Turkey CDS and USD/CNH call spread options. It includes metrics for Turkey CDS over a year and details on a USD/CNH call spread strategy.


document_description: This is a communication from Vahe Stepanian, Assistant Vice President at Deutsche Bank Securities Inc., regarding a net premium of USD 160,000 (1.60%). The message includes disclaimers about the confidentiality and potential legal implications of the information shared.


document_description: The document is a request for information regarding specific outgoing wire transactions from an account. The request is made by PWM AML Compliance at Deutsche Bank, seeking explanations for the purpose of the transactions, the relationship between the client and the counterparty, and the business activities of the counterparty. The response is required within 5 business days.


document_description: This document is a confidential communication from Deutsche Bank, containing disclaimers about the confidentiality and privileged nature of the information. It advises unintended recipients to notify the sender and destroy the communication. It also includes a disclaimer that Deutsche Bank does not provide legal or tax advice and refers to a URL for additional EU corporate and regulatory disclosures.


document_description: The document mentions the ability to scan from a printed copy or mobile device, and provides information about Frieze New York's location at Randall's Island Park. It includes a confidential notice pursuant to Federal Rule of Criminal Procedure 6(e).


document_description: A memorandum from Darren Indyke instructing a wire transfer of $650,000 from a specified account to Jeffrey E. Epstein's account. It also includes instructions to sell $650,000 and purchase Euros, with a request to contact Darren and Richard Kahn with the exchange rate before the transaction.


document_description: The document contains financial data related to various bonds, including their interest rates, maturity dates, and other financial metrics. It also includes an email discussing the socialization of certain bonds and financial instruments among specific individuals.


document_description: The document is a confidential legal document related to securities offered through Deutsche Bank Securities Inc. It is marked as confidential pursuant to Federal Rule of Criminal Procedure 6(e).


document_description: This document is a confidential communication from Stewart Oldfield, a Director at Deutsche Bank Trust Company Americas, part of Deutsche Bank Wealth Management. It includes reference numbers DB-SDNY-0087991, SDNY_GM_00234175, and EFTA01386338.


document_description: A correspondence from Vahe Stepanian, Assistant Vice President at Deutsche Bank Securities Inc., providing trade execution information as an accommodation before the official trade confirmation. It includes a disclaimer about potential discrepancies between the informal execution report and the official trade confirmation or account statements.


document_description: This document is a Borrower Security and Pledge Agreement between Southern Financial LLC (Debtor) and Deutsche Bank AG (Lender). It outlines the terms under which the Debtor assigns, pledges, and grants a security interest in various assets to the Lender as collateral for financial accommodations provided by the Lender. The agreement includes representations and warranties by the Debtor regarding its legal standing and authority to enter into the agreement.


document_description: This document outlines the legal obligations and representations of a Debtor in an agreement with a Lender. It includes assurances that the Debtor's actions do not violate any legal or contractual obligations, that the Debtor is solvent, and that the financial statements provided are accurate. The Debtor also confirms ownership of the collateral and that there are no liens or legal proceedings affecting the agreement. The document further details the Debtor's covenants to maintain the collateral and cooperate with the Lender in securing the collateral's interest.


document_description: This document outlines the obligations and agreements between a Debtor and a Lender, including the Debtor's requirement to provide financial statements, maintain collateral, and waive certain legal defenses. The Lender is granted rights to rely on communications, sell collateral, and exercise remedies under the New York Uniform Commercial Code. The Debtor waives rights to notice, judicial hearing, and defenses related to the enforcement of obligations.


document_description: This document outlines the remedies available to a lender in the event of a default by a debtor or any associated party. It specifies the conditions that constitute an 'Event of Default' and the actions the lender may take, including declaring obligations immediately due, terminating credit facilities, and selling collateral. The document also details the lender's rights under the UCC and other applicable laws, including the process for notifying the debtor of collateral sales and the handling of sale proceeds.


document_description: This document outlines the terms and conditions of an agreement between a Debtor and a Lender. It includes clauses on setoff rights, indemnification, tax obligations, notice procedures, and jurisdictional agreements. The Debtor agrees to indemnify the Lender against various liabilities and to make payments free of taxes. Notices are considered effective based on the method of delivery. Both parties waive the right to a jury trial and agree to jurisdiction in New York courts, with the Debtor waiving any claims of immunity or inconvenient forum.


document_description: This document is an agreement executed by Southern Financial LLC, with Jeffrey Epstein as the contact person. It includes debtor information and confidentiality notices.


document_description: This document appears to be a legal agreement or contract involving Deutsche Bank AG and Deutsche Bank Securities, Inc. It includes sections for signatures and titles of representatives from these entities. The document is marked as confidential and is subject to Federal Rule of Criminal Procedure 6(e).


document_description: The document lists affiliates of Deutsche Bank AG and details related to a collateral account and listed securities. It includes account numbers and names of collateral holders, as well as issuer information for securities.


document_description: The document defines 'Lien' and outlines the status of liens on the collateral owned by the debtor. It specifies that the debtor owns the collateral free of any liens except those to the lender. It also provides options for other potential liens, such as those arising from being an affiliate or due to unregistered securities, but these are not applicable in this case.


document_description: The document outlines the requirements for maintaining collateral quality and value as satisfactory to the lender. It specifies the maximum advance rates for different types of securities used as collateral and the conditions under which additional collateral must be pledged or obligations repaid. The lender reserves the right to adjust these rates or deem any security unacceptable. Specific advance rates are provided for various securities, including certificates of deposit, U.S. government obligations, and corporate debt.


document_description: The document outlines the policy regarding the acceptance of equity and mutual fund shares as collateral. Shares valued at less than $10.00 per share on NYSE, AMEX, or NASDAQ will not be accepted as collateral. Advance rates for AluMal Funds are subject to internal guidelines and exposure limits.


document_description: The document is a confidential communication from Deutsche Bank, which explicitly states that it does not provide legal or tax advice. The document is marked as confidential under Federal Rule of Criminal Procedure 6(e).


document_description: The document contains financial data related to GBPUSD currency trading, including spot and forward rates, strike prices, and market statistics. It also includes a chart with historical price data and a legend explaining the chart content.


document_description: The document is a communication from Key Client Partners (KCP) Americas, stating that their products and services are for discussion purposes only and intended for sophisticated institutional investors. It emphasizes that any transactions are subject to internal approvals and becoming a client of Deutsche Bank. The communication is confidential and not legally binding, and it advises recipients to refer to a specific URL for additional disclosures. It also notes that Deutsche Bank does not provide legal or tax advice.


document_description: The document is a confidential communication intended for informational and discussion purposes only. It prohibits reproduction, redistribution, or disclosure without written consent and does not create any legally binding obligation for OSSI or its affiliates.


document_description: Compliance at Deutsche Bank is requesting additional information from a Wealth Advisor regarding specific transactions to comply with federal guidelines. The advisor is required to respond within 7 business days. The correspondence details incoming and outgoing transactions, asking for the originator of funds, purpose of transfers, relationship between beneficiary and client, and source of wealth for entities involved.


document_description: This document is a confidential communication from Deutsche Bank, containing disclaimers about the unauthorized use and distribution of its contents. It also states that Deutsche Bank does not provide legal or tax advice.


document_description: A request for a reply by 3:15 p.m (EST) to meet Federal Reserve Check Clearing returns guidelines.


document_description: The document is a communication from Vahe Stepanian of Deutsche Bank Securities Inc. regarding the raising of capital for Rated Infrastructure Notes (RIN), a CLO investing in private infrastructure loans. It highlights the success of RIN I and the goals for RIN II, including a target net IRR of 12.15% for the equity tranche. The document also discusses the advantages of infrastructure loans and the need for infrastructure investment in the U.S. over the next decade.


document_description: This document is a communication from Deutsche Bank, emphasizing the confidentiality and privileged nature of the information contained within. It advises recipients to refer to a specific URL for additional EU corporate and regulatory disclosures and clarifies that Deutsche Bank does not provide legal or tax advice.


document_description: A brief message expressing anticipation for a meeting next month, marked as confidential under Federal Rule of Criminal Procedure 6(e).


document_description: The document provides details about the invitation-only preview of Frieze New York, sponsored by Deutsche Bank Wealth Management, held at Randall's Island Park, New York from May 2-6, 2018. The preview day is on May 2, 2018, with specific event timings listed.


document_description: The document contains a schedule for the Deutsche Bank Wealth Management Lounge and Frieze New York from May 2 to May 6, with specific opening and closing times for each day.


document_description: This document is a confidential communication from Deutsche Bank, containing disclaimers about the confidentiality and privileged nature of the information. It includes a notice for unintended recipients to notify the sender and destroy the communication. The document also states that Deutsche Bank does not provide legal or tax advice.


document_description: The document contains a confidential notice regarding the non-disclosure of an email or its attachments to a client, in compliance with Federal Rule of Criminal Procedure 6(e).


document_description: The document outlines the intended audience and conditions for engaging with Key Client Partners (KCP) products and services, emphasizing that they are for sophisticated institutional investors as per FINRA Rule 4512(C)(3). It clarifies that the information is for discussion purposes only and not advisory, and that any transactions require internal approvals and client status with Deutsche Bank. The document stresses confidentiality and prohibits unauthorized distribution. It also notes that Deutsche Bank does not provide legal or tax advice.


document_description: A check issued by Zorro Development Corp. to Ahern Rentals for the amount of $6,968.65, related to Project #94 - Planter Beds. The check is drawn from Deutsche Bank Trust Company Americas.


document_description: This document contains a disclaimer from Deutsche Bank stating that they do not provide legal or tax advice. It also includes confidentiality notices and reference numbers.


document_description: The document is a correspondence from Vijay Sawant, a KYC Case Representative at Deutsche Bank, regarding the account of Prytanee, LLC. It lists the main responsible parties (RPs) associated with the account, including members with ownership interests, managing members, and board directors. The document also notes the need for updated identification documents for some individuals and mentions difficulties in extracting the Statement of Status (SoS) for Prytanee from the US Virgin Islands registry website. The correspondence seeks confirmation on the RP list and any material changes to the account before launching a KYC case.


document_description: This document is an entry from the Offshore Leaks Database by the International Consortium of Investigative Journalists (ICIJ) related to Etienne Binant. It indicates that Etienne Binant is connected to one address and one entity, with no identified linked countries. The data is current through 2010 and is powered by Neo4j.


document_description: This document appears to be a webpage or database entry related to the International Consortium of Investigative Journalists (ICIJ) and their Offshore Leaks Database. It includes references to various investigative projects such as the Paradise Papers and the Panama Papers, and provides contact information for the ICIJ.


document_description: The document discusses a lawsuit filed by 'Katie Johnson' against Donald J. Trump and Jeffrey E. Epstein, accusing them of rape and sexual assault in 1994 when the plaintiff was 13 years old. The lawsuit was initially filed in California and dismissed due to procedural issues, but was later refiled in New York under the pseudonym 'Jane Doe'. The complaint includes allegations of rape, sexual misconduct, and other charges, seeking $100 million in damages. The defendants have not yet responded to the refiled claim.


document_description: The document discusses a lawsuit filed by Katie Johnson against Donald J. Trump and Jeffrey E. Epstein, alleging child rape and seeking $100 million in damages. The case has faced skepticism and legal challenges, with Trump's attorney denying the claims and threatening sanctions against the plaintiff's attorney. The document also references other allegations of sexual misconduct against Trump, including those by Jill Harth and Ivana Trump, and discusses the broader context of Trump's behavior and associations, particularly with Epstein.


document_description: The article discusses a legal case where Katie Johnson filed a $100 million lawsuit against Donald J. Trump and Jeffrey E. Epstein, alleging child rape. The claim was denied by Trump's attorney. The article is authored by William M. Boardman and originally published by Reader Supported News.


document_description: A financial inquiry from Deutsche Bank's PWM AML Compliance team regarding outgoing transfers totaling $30,000,000.00 on 11/23/2016. The inquiry seeks information on the originator of the funds, the purpose of the transfer, the relationship between the beneficiary and the client, and the source of wealth for the entities involved.


document_description: This document is a financial statement from Deutsche Bank Wealth Management detailing account deposit transactions for a NOW and SuperNOW account from January 2, 2017, to March 7, 2018. It includes various transactions such as interest payments and preauthorized debits, with specific transaction dates, descriptions, and amounts in USD.


document_description: This document is a financial statement from Deutsche Bank Wealth Management detailing account deposit transactions from January 2, 2017, to March 7, 2018. It includes various transaction types such as POS purchases, interest payments, and preauthorized debits, with specific transaction dates, descriptions, and amounts of funds added or subtracted.


document_description: This document is a financial statement from Deutsche Bank Wealth Management detailing account deposit transactions from January 2, 2017, to March 7, 2018. It includes various transaction types such as deposits, other credits, and debits, with specific details on transaction dates, descriptions, and amounts added or subtracted in USD.


document_description: This document is a financial statement from Deutsche Bank Wealth Management detailing account deposit transactions from January 2, 2017, to March 7, 2018. It includes various transaction types such as ATM withdrawals, preauthorized debits, interest payments, and POS purchases. The statement is reported in USD and is marked confidential under federal rules.


document_description: This document is a financial statement from Deutsche Bank Wealth Management detailing account deposit transactions for a specified period. It includes information on the product type, market value, transaction activity, and total funds added and subtracted.


document_description: This document is a financial report from Deutsche Bank Wealth Management detailing account deposit transactions for a specific client account over the period from January 2, 2017, to March 7, 2018. The report is generated in USD and is marked as confidential under federal rules.


document_description: This document is a disclaimer for Deutsche Bank Wealth Management account deposits transactions. It provides information on FX rates used for currency conversion, the nature of the information presented, and the limitations of the data. It also notes that the information is for client convenience and does not constitute an official account statement.


document_description: This document is a confidential communication from Cynthia Rodriguez, Assistant Vice President at Deutsche Bank Trust Company Americas. It contains disclaimers about the confidentiality and privileged nature of the information, and advises that Deutsche Bank does not provide legal or tax advice.


document_description: This document is a bank statement from Deutsche Bank for the account held by Southern Trust Company, Inc. It covers the period from February 27, 2017, to February 28, 2017. The statement shows a beginning balance of $0.00, deposits and credits totaling $11,867,268.04, and an ending balance of $11,867,268.04. Key transactions include an automatic transfer of $11,867,121.73 and an interest payment of $146.31.


document_description: The document is a financial statement from Deutsche Bank detailing service charges and fees, specifically noting that there were no NSF return item fees or overdraft fees for the statement period or calendar year. It also includes disclaimers about insurance and guarantees, and mentions the German Deposit Guarantee Act.


document_description: The document presents a table showing the trend of foreign participation in US 10-year and 30-year bond auctions from July 2009 to July 2017. The data indicates fluctuations in the percentage of total awards given to foreign participants, with a general decline in recent years.


document_description: Invitation to an event hosted by Patrick Campion, Head of Deutsche Bank Wealth Management Americas, featuring guest speakers Sherrill L Nicely from the CIA and Christian Niniting from Deutsche Bank. The event is scheduled for October 26, 2017, at The Grill in New York.


document_description: This document is a confidential communication from Deutsche Bank, containing disclaimers about the confidentiality and privileged nature of the information. It includes a notice for unintended recipients to notify the sender and destroy the communication. The document also states that Deutsche Bank does not provide legal or tax advice. It references EU corporate and regulatory disclosures and is marked as confidential under Federal Rule of Criminal Procedure 6(e).


document_description: Confirmation of registration for the preview of Frieze New York on May 2. Attendees will receive a card or email with a QR code for access to the Deutsche Bank Wealth Management Lounge. Information about the VIP program and RSVP details are provided.


document_description: Details of the Frieze New York event hosted by Deutsche Bank Wealth Management from May 2-6, 2018, at Randall's Island Park, New York. Includes schedule for Preview Day on May 2, 2018.


document_description: The document provides information about the Deutsche Bank Wealth Management Lounge at Frieze New York, featuring artist Valeska Soares. It includes details on guided art tours, entry information, transportation options, and access hours for the event.


document_description: The document is a table listing individuals attending private viewings and previews, along with their affiliations and titles. The events are organized by Stewart Oldfield.


document_description: The document is a table listing various individuals, their affiliations, and their roles, along with a host named Stewart Oldfield. It includes information about events such as 'Dinner', 'Preview', and 'Private View', and indicates whether the individuals accepted or declined the invitations.


document_description: The document is a correspondence from Sarah Rafferty, Director of J Marketing - Americas at Deutsche Bank Wealth Management, regarding an auction preview scheduled for Wednesday. The preview involves Paul Barrett from Alpha Group Capital and mentions Stewart Oldfield and Martin Zeman. Randi Barrett is also noted as accepting the invitation.


document_description: The document appears to be a confidential communication related to CRS and UK FATCA entity self-certification. It is marked as confidential under Federal Rule of Criminal Procedure 6(e).


document_description: This document is a confirmation letter from Deutsche Bank AG, London Branch, regarding the terms and conditions of a foreign exchange (FX) transaction with PRIVATE CLIENT SERVICES PWM ALEX BROWN AC SOUTHERN FINANCIAL LLC. It incorporates definitions from the 1998 FX and Currency Option Definitions and references an ISDA Master Agreement. The document outlines the agreement's legal framework, including governing law and termination currency, and mentions efforts to negotiate a 2002 ISDA Master Agreement.


document_description: This document is a transaction confirmation from Deutsche Bank AG detailing the terms of a financial transaction involving currency exchange between ARS and USD. It includes general terms, disruption events, and fallbacks for settlement rate for the reference currency.


document_description: This document is a transaction confirmation from Deutsche Bank AG, detailing terms related to an 'Unscheduled Holiday' and 'Valuation Postponement' for a financial transaction. It outlines the deferral period, maximum days of postponement, and the business days applicable to valuation and settlement dates. The document includes representations from both parties regarding non-reliance, assessment, understanding, and status of parties. It also provides a disclosure statement and regulatory information about Deutsche Bank AG.


document_description: A confirmation letter from Deutsche Bank AG, London Branch, requesting the recipient to confirm the terms of an agreement by signing and returning the document or sending a similar letter or facsimile. The letter includes contact information for queries and details about Deutsche Bank's regulatory status.


document_description: A check issued by Zorro Development Corp. to Rogers & Co., Inc. for the amount of $21,510.99, related to Invoice #36425 for Project #72 - Water Development. The check is to be deposited to New Mexico Bank & Trust for Rodgers Land Company Inc. The check has a high dollar pull exception due to a signature irregularity.


document_description: This document is a confidential communication from Bradley Gillin, Vice President at Deutsche Bank Wealth Management, located at 345 Park Avenue, New York. It includes references to securities offered through Deutsche Bank Securities Inc. and is marked as confidential under Federal Rule of Criminal Procedure 6(e).


document_description: This document outlines the terms and conditions for the Glendower Access Secondary Opportunities Fund IV (U.S.), L.P., which invests in the Glendower Capital Secondary Opportunities Fund IV, L.P. It details the structure, strategy, fees, and reporting requirements for both the Access Fund and the Underlying Fund.


document_description: The document is a financial presentation for Glendower Access Secondary Opportunities IV (U.S.), L.P., detailing investment terms, fees, and risks associated with the Access Fund and the Underlying Fund. It highlights the fee structure, potential conflicts of interest, and the high-risk nature of the investment. The presentation emphasizes that it is not an offer or solicitation for investment and that detailed information is available in the Private Placement Memorandum.


document_description: The document is an investment offering for Glendower Capital Secondary Opportunities Fund IV, LP, a private equity secondary fund. It outlines the fund's formation, strategy, track record, and key terms. The fund aims to raise US$1.75 billion and has a strong historical performance with a focus on globally diversified portfolios. The document includes financial metrics, fund performance comparisons, and contact information for key personnel.


document_description: Glendower Capital SOF IV, LP focuses on three types of investments: Fund Secondaries, GP-led Secondaries, and Single Asset Deals, primarily in the US and Europe. The strategy involves an opportunistic barbell approach, adjusting to market cycles by increasing discounted fund secondaries during market corrections and less competitive GP-led secondaries during normalized conditions. The investment team, active since 2003, consists of 23 professionals with plans to expand.


document_description: This document is an investment presentation for Glendower Capital SOF IV, L.P., providing information on forward-looking statements, investment performance, and track record. It includes disclaimers about the reliability of projections, the independence of Glendower from Deutsche Bank, and the responsibilities of prospective investors. The document emphasizes the high risks and lack of liquidity associated with the fund, suitable only for sophisticated investors. It also details the historical performance of the SOF Funds, including periods when the team was part of Deutsche Bank.


document_description: This document contains legal disclaimers for the distribution of a presentation related to Glendower Capital SOF IV, L.P. It outlines restrictions and conditions for recipients in various jurisdictions including the EEA, UK, Australia, Bahrain, Brazil, Brunel, Canada, Chile, and China. The disclaimers specify the legal framework and conditions under which the presentation can be distributed and the fund interests offered, emphasizing compliance with local laws and regulations.


document_description: This document contains legal disclaimers for the distribution of marketing material related to Glendower Capital SOF IV, L.P. in various countries including Colombia, France, Guernsey, Haiti, Hong Kong, Israel, and Japan. It outlines the legal restrictions and requirements for offering financial products in these jurisdictions, emphasizing that the material does not constitute a public offer and is intended for specific qualified or sophisticated investors. The document also includes confidentiality notices and references to compliance with local laws and regulations.


document_description: This document contains legal disclaimers for various countries regarding the distribution and offering of financial products by Glendower Capital SOF IV, L.P. It specifies that the document is confidential and not an offer to purchase securities in Malaysia, Mexico, Monaco, New Zealand, Oman, Qatar, Saudi Arabia, Singapore, South Korea, and Switzerland. Each section outlines specific legal restrictions and requirements for the distribution of financial products in these jurisdictions.


document_description: This document contains legal disclaimers for Glendower Capital SOF IV, L.P., addressing potential investors in St. Kitts and Nevis, UAE/Abu Dhabi/Dubai, and the United States. It outlines the non-offer status of the presentation in these regions, the lack of registration with regulatory authorities, and the risks involved in investing. It emphasizes the need for investors to consult legal, tax, or financial advisors and highlights the restrictions on transferability and resale of interests.


document_description: This document is a supplemental disclosure by Deutsche Bank Securities Inc. and Deutsche Bank Trust Company Americas, acting as a solicitation agent for a fund. It emphasizes the importance of independent assessment of transactions, highlights the risks involved, and clarifies that past performance does not guarantee future results. The securities are not insured by the FDIC and are subject to investment risks. The document also states that Deutsche Bank does not provide accounting, tax, or legal advice and authorizes disclosure of the transaction's structure and tax aspects.


document_description: This document is a confidential investment overview for Glendower Access Secondary Opportunities IV (U.S.), L.P., intended for investment professionals and qualified investors only. It is marked as strictly confidential and is subject to federal confidentiality rules.


document_description: The document is a presentation by Southern Financial LLC regarding investment opportunities in Glendower Capital Secondary Opportunities Fund IV, LP and Glendower Access Secondary Opportunities IV (U.S.), L.P. It emphasizes that the information is for informational purposes only and not to be considered as legal, tax, or investment advice. The presentation highlights the risks involved in investing in the Access Fund, including potential capital loss, high fees, and conflicts of interest. It also notes that past performance is not indicative of future results.


document_description: The document provides important information about investing in the Access Fund managed by Southern Financial LLC. It highlights that historical returns do not account for fees and expenses, which would lower net returns. Benchmarks and indices are for reference only and may not be directly investable. The document warns about the speculative nature and high risks of alternative investments, which may result in substantial losses, lack of liquidity, and higher fees. It also clarifies that purchasers of interests in the Access Fund will not have direct interests or voting rights in the Underlying Fund. iCapital Advisors, LLC is mentioned as a registered investment adviser with the SEC.


document_description: This document provides a summary of key terms for the Access Fund, which is linked to the Glendower Capital Secondary Opportunities Fund IV, LP. It outlines the structure, strategy, minimum commitment, target size, fund term, capital calls, investment period, administrator, legal counsel, reporting, placement fee, management fee, carried interest, and subsequent closing fee for both the Underlying Fund and the Access Fund.


document_description: The document outlines key terms for investors in the Access Fund managed by Southern Financial LLC. It details fees, expenses, and performance compensation associated with the Access Fund and the Underlying Fund. Key terms include the Final Admission Date, waiver of Placement Fees by DBSI, and the split of the Access Fund Management Fee between iCapital Advisors and DBSI. It also mentions the option for investors with subscriptions of $5 million or more to invest directly in the Underlying Fund, bypassing Access Fund expenses. DBSI acts as a placement agent and receives marketing fees.


document_description: This document is a financial report for the Glendower Capital Secondary Opportunities Fund IV, LP for the second quarter of 2018. It is intended for accredited investors and qualified purchasers only and is marked as strictly confidential.


document_description: This confidential presentation by Glendower Capital LLP provides summary information about existing and future funds managed or advised by Glendower, specifically the Glendower Capital Secondary Opportunities Fund IV, LP. It is intended for a limited number of sophisticated recipients for evaluation purposes and is not an offer or solicitation for investment. The presentation emphasizes the confidentiality of the information and the need for recipients to consult their own advisors regarding legal, business, tax, and accounting matters. It is strictly for accredited investors and qualified purchasers.


document_description: The document discusses the benefits of secondary private equity investing, highlighting the attractiveness of secondary opportunities. It emphasizes the potential for earlier cash flows, pricing flexibility, mitigation of blind pool risk, and the mitigation of the J-curve effect. The document also includes a hypothetical timing of secondary transactions and cumulative cash flows, with a focus on Glendower Capital's analysis.


document_description: This document is a confidential financial report related to Glendower Capital, detailing their investment strategy, secondary market updates, and key terms for their Secondary Opportunities Fund IV.


document_description: Glendower Capital is an investment team active in the secondary market since 2003. The team spun off from Deutsche Bank in 2017 to form an independent partnership, privately owned by its partners. The senior team has worked together for 15 years, managing US$3 billion in client assets with offices in London and New York. The team consists of 23 members, expected to grow to 28+ by the second half of 2018, with 16 investment professionals averaging 12 years of experience. They have invested in over 350 fund interests across 90 deals and have developed integrated operational processes over 10 years. Key events include the founding of the SOF business in 2005, multiple fundraises, and the spin-off from Deutsche Bank in 2017.


document_description: The document provides a detailed performance report of the SOF Funds managed by Southern Financial LLC as of September 30, 2017. It includes information on fund vintages, sizes, transaction numbers, gross and net multiples, IRR, and peak net contributed capital. The report highlights the performance of four funds: SOF, SOF D, SOF II, and SOF III, with a total fund size of US$2,980 million. The document also notes that past performance is not indicative of future results and includes important disclaimers regarding the calculation of performance figures.


document_description: The document provides a performance analysis of SOF Funds compared to Cambridge Associates' secondary funds from 2004 to 2014. It includes a bar chart comparing Net Multiples to Paid-in Capital and a table with Index DPI, Index RVPI, and notes on SOF Funds' performance. The data is based on Cambridge Associates' Secondary Benchmark statistics as of September 30, 2017, and reflects unaudited results of SOF, SOF D, SOF II, and SOF III. The document emphasizes that past performance is not indicative of future results and explains key financial metrics such as DPI, RVPI, and TVPI.


document_description: The document provides a performance comparison of the SOF Funds against major public market indices as of September 30, 2017. It includes performance data for SOF (2006), SOF D (2010), SOF II (2011), SOF III (2014), and the overall SOF Program, compared to MSCI World, Russell 2000, and Thomson Reuters indices. The document emphasizes the attractive performance of SOF Funds, with Glendower Net IRR outperforming the indices. It also discusses the methodology used for performance calculation and includes disclaimers about the unaudited nature of the data and the non-predictive nature of past performance.


document_description: The document provides an overview of the performance of SOF, SOF II, and SOF III funds, highlighting consistent performance across different fund sizes, vintages, and economic cycles. It includes metrics such as Net Contributed Capital, Net IRR, DPI, and TVPI over various quarters from inception. The performance figures are based on unaudited results as of September 30, 2017, and emphasize that past performance is not indicative of future results.


document_description: The document is a financial report related to Glendower Capital, specifically focusing on investment strategies and updates on various funds. It includes sections on the Glendower Investment Strategy, Secondary Market Update, and updates on SOF III and IV. Additionally, it outlines key terms for the Glendower Capital Secondary Opportunities Fund IV.


document_description: The document discusses GP-led transactions and their evolution over the past five years, highlighting the advantages they offer over traditional LP interest acquisitions. It emphasizes the proactive role of quality managers in providing liquidity options to LPs and the importance of due diligence on GPs and their teams. Glendower Capital's track record in this space is noted, with specific performance metrics provided. The document also outlines the bespoke design of new funds to align interests between GPs and Glendower, including budgeted fees and governance rights.


document_description: The document provides an overview of Southern Financial LLC's investment strategy and experience. It highlights their rigorous sourcing and deal selection process, extensive industry network, and proactive top-down approach. The firm has completed over 30 deals since 2007, screening approximately 3,000 potential deals worth around US$400bn. They have significant buy and sell-side experience, having transacted 100 deals over 10 years for US$3bn and invested in over 350 funds globally. The document also details their disciplined underwriting approach and unique GP-restructuring and spin-off experience.


document_description: The document provides illustrative case studies of fund secondaries transactions by Southern Financial LLC. It includes details on various projects/funds, deal sizes, discounts, regions, sellers, and descriptions of the transactions. The case studies highlight proprietary deals, liquidity solutions, and globally diversified portfolios managed by prominent firms such as CD&R, Apollo, Carlyle, KKR, and others.


document_description: The document provides illustrative case studies of GP-led transactions and single asset deals by Southern Financial LLC. It includes details on various projects/funds, deal sizes, assets, sellers, and descriptions of the deals. The case studies highlight the motivations of sellers, the structure of deals, and the advantages leveraged by the GP.


document_description: The document provides an analysis of secondary market volumes from 2006 to 2018, highlighting that the market is evolving with GP-led transactions now representing 25% of the volume. The forecast for 2018 is over $60 billion, with historical data from 2006 to 2017 provided for context.


document_description: The document provides an analysis of the secondary market pricing for private equity fund interests, highlighting stable pricing trends from 2005 to 2017. It notes a period of market overheating in 2006 and 2007, followed by a return to normalized pricing levels. The document includes a table showing secondary market volume and pricing as a percentage of NAV from 2005 to 2017, divided into 'Bubble', 'Crisis', and 'Normalized' phases.


document_description: The document provides an analysis of the secondary market capitalization for Southern Financial LLC, highlighting a balanced capitalization with strong secondary capital supply. It includes data on dry powder and annual deal volume, with estimates from Glendower Capital indicating a 2.2x annual deal volume available for deployment in secondaries. The document references sources such as Greenhill Secondary Pricing Trends & Analysis and Bain & Company Global Private Equity Report.


document_description: The document discusses the significant unrealized value in tail-end funds, highlighting a US$600bn unrealized private equity value in pre-crisis vintages. It provides a breakdown of seller composition and a table of unrealized PE value from 2004 to 2016. The seller composition is diverse, with public pensions, general partners, and asset managers being the largest groups.


document_description: The document discusses the growing role of GP-led transactions in the secondary market, highlighting that they now represent 20-25% of the market. It includes a table showing the volume and percentage of GP-led secondaries from 2006 to 2017, with a noted 18% CAGR. The analysis is based on data from Glendower Capital and other sources.


document_description: This document is a confidential financial report related to Glendower Capital, detailing their investment strategy, secondary market updates, and key terms for their Secondary Opportunities Fund IV. It includes updates on SOF III and IV.


document_description: The document provides an overview of the SOF Ill Portfolio managed by Southern Financial LLC, highlighting the gross invested capital breakdown, sector composition, and investment strategy as of September 30, 2017. The fund size is US$1.654 million with a gross invested capital of 1,931 million. The performance metrics include capital called at 1.036 million, distributions net at 316 million (0.30x), remaining NAV at 1.026 million (0.99x), and a total net return of US$1.342 million (130x, 30%). The sector composition is primarily in Europe (45%) and North America (44%), with investments in large buyouts (24%), mid-market buyouts (58%), and other categories. The document is marked as strictly confidential and is related to legal proceedings.


document_description: The document lists 28 General Partners (GPs) representing approximately 90% of SOF III's current exposure as of September 30, 2017. It categorizes the GPs into various sectors such as Buyout, Real Estate, and Growth Equity. The document is marked as strictly confidential and is related to financial exposure based on Fair Market Value.


document_description: The document is a financial report from Southern Financial LLC, detailing the near-term investment pipeline for SOF IV as of March 31, 2018. It includes a table of potential projects with details such as project code, deal type, region, stage, sourcing, deal size, SOF IV investment, and descriptions.


document_description: The document outlines the investment details for Project Sunrise led by Southern Financial LLC. It is a GP-led secondary deal expected to close in April 2018, involving alternative funds. The investment focuses on mid-market buyouts in the US consumer industry, with a portfolio including franchisees of a dining brand, a Tex-Mex casual dining brand, a burger QSR, and a fitness brand franchisee. The investment rationale highlights Glendower's ability to deliver bespoke solutions and perform extensive diligence, with a conservative capital structure and strong free cash flow.


document_description: The document is a financial report from Southern Financial LLC, covering various topics such as the Glendower Investment Strategy, Secondary Market Update, and updates on SOF III and IV. It also includes key terms for the Glendower Capital Secondary Opportunities Fund IV and an appendix.


document_description: The document outlines the key terms for the Glendower Capital Secondary Opportunities Fund IV, LP, including target size, structure, investment period, term, minimum commitment, team commitment, general partner share, carried interest, hurdle rate, and clawback provisions. It also advises reading the confidential private placement memorandum for full disclosure of risk factors and other considerations.


document_description: The document is a financial scorecard for SOF IV by Southern Financial LLC, evaluating alignment of interest, governance, and transparency based on ILPA 2 principles. It includes best practices such as all-contribution-plus-preferred-return-back-first model, LP favorable clawback provision, and comprehensive financial reporting.


document_description: The document is a confidential financial report related to Glendower Capital, specifically focusing on investment strategies, secondary market updates, and key terms for the Glendower Capital Secondary Opportunities Fund IV. It includes updates on SOF III and IV.


document_description: The document provides biographies of key team members at Southern Financial LLC, highlighting their roles, previous experience, and educational background. The team includes Deirdre Davies, Joshua Glaser, Emilio Olmos, and Francesco Rigamonti, each with significant experience in financial institutions such as Deutsche Bank and others.


document_description: The document provides biographies of key team members at Southern Financial LLC, highlighting their previous work experience, educational background, and current responsibilities. The team includes Rikesh Mohandoss, Devrup Banerjee, Aldrich Chan, and Philippe Ferneini, all of whom have significant experience in financial institutions and hold advanced degrees.


document_description: The document provides biographies of key team members at Southern Financial LLC, detailing their roles, previous experience, and educational background. The team includes Victoria Loidl, Elena Smirnova, Jonathan Roome, and Douglas O'Connell, all of whom have experience in financial institutions such as Deutsche Bank and HSBC, and hold degrees in economics, finance, and business from prestigious universities.


document_description: The document provides biographies of team members at Southern Financial LLC, detailing their roles, previous experience, and educational background.


document_description: The document provides key information about the SOF III fund managed by Southern Financial LLC, including its first and final closing date, fund size, and investor base details. It includes tables detailing the regional distribution of investors, types of investors, and the size of individual commitments.


document_description: The document provides a detailed transaction summary for Southern Financial LLC's SOF III as of September 30, 2017. It includes information on various projects, their sourcing, seller types, deal types, funds, invested and funded capital, initial closing dates, gross multiples, and portfolio details. The document also notes that the performance figures are based on unaudited fair values and emphasizes that past performance is not indicative of future results.


document_description: The document provides a detailed breakdown of the gross invested capital for Southern Financial LLC's SOF II portfolio as of September 30, 2017. It includes information on fund size, capital called, distributions, remaining NAV, and total net return. The document also outlines the sector composition, asset geography, and vintage year distribution of the investments.


document_description: The document provides a detailed transaction summary for Southern Financial LLC's SOF II as of September 30, 2017. It includes a table listing various projects, their sourcing, seller type, deal type, funds, companies involved, invested and funded capital, initial closing dates, gross multiples, and portfolio details. The document also notes that the performance figures are based on unaudited fair values.


document_description: The document provides an overview of the remaining portfolio construction by Fair Market Value (FMV) for Southern Financial LLC as of September 30, 2017. It includes details on fund size, invested capital, capital called, distributions, remaining NAV, and total net return. The asset geography is predominantly in Europe (90%) with a smaller portion in North America (10%). The investment strategy is focused on large buyouts, growth equity, and special situations. The vintage year distribution shows investments primarily from 2007 and 2008-2009. Sector composition is led by healthcare, industrials, and business services.


document_description: The document provides a detailed transaction summary for Southern Financial LLC as of September 30, 2017. It includes a table listing various projects, their sourcing, seller type, deal type, funds, companies involved, invested and funded capital, initial closing, gross multiple, and portfolio details. The document also includes notes on the number of companies, invested and funded capital, performance figures, and specific details about Hoover transactions. The total invested capital is 686.9 million USD with a funded capital of 500.5 million USD, achieving a gross multiple of 2.2x.


document_description: This confidential presentation by Glendower Capital, LLP provides summary information about existing and future funds managed by Glendower, specifically the Glendower Capital Secondary Opportunities Fund IV, LP. It is not an offer to sell or a solicitation to buy any security. The presentation outlines the risks, illiquidity, and potential conflicts of interest associated with the fund. It emphasizes the importance of consulting offering documents for detailed information and risk factors. The presentation is confidential and not independently verified.


document_description: The document provides key definitions related to financial investments and fund structures, specifically focusing on terms like 'Single Asset Deal', 'Fund Secondary', 'GP-led Secondary', and various fund names such as SOFF, SOF D, SOF II, and SOF III. It also defines financial indices like the Russell 2000 Index, MSCI World Index, and Thomson Reuters Private Equity Buyout Index.


document_description: The document provides important information on the investment performance and track record of the Glendower SOF Team, which spun off from Deutsche Bank in 2017 to form Glendower Capital LLP. It discusses the team's investment experience, performance metrics, and valuation methodologies. The document also outlines the calculation of investment returns, including Gross IRR and Net IRR, and explains the use of subscription line facilities. Additionally, it covers the valuation of unrealized investments and the assumptions behind target returns, emphasizing that these targets are hypothetical and subject to various risks.


document_description: This document is a financial presentation by Southern Financial LLC, providing important information for recipients in various jurisdictions. It outlines the legal and regulatory considerations for distributing the presentation in countries such as Brunei, Canada, Cayman Islands, Chile, China, Colombia, France, Guernsey, and Haiti. The document emphasizes that it is for informational purposes only and does not constitute an offer or invitation to the public in these jurisdictions.


document_description: The document provides important information for recipients in Hong Kong and Israel regarding investment offerings by Southern Financial LLC. It outlines the legal restrictions and requirements for offering securities in these jurisdictions, emphasizing that the presentation is not approved by local securities authorities and is intended for 'professional' or 'sophisticated' investors only. It also specifies the conditions under which the presentation can be distributed and the qualifications required for investors to be considered 'sophisticated.'


document_description: The document provides important information for recipients in specific jurisdictions regarding the offering of interests in a fund by Southern Financial LLC. It outlines the legal and regulatory considerations for potential investors in Qatar, Saudi Arabia, Singapore, South Korea, and Switzerland. The document emphasizes that the fund is not registered with local authorities in these jurisdictions and highlights the risks associated with private equity investments.


document_description: This document is a supplemental disclosure by Deutsche Bank Securities Inc. and Deutsche Bank Trust Company Americas, acting as a solicitation agent for a fund. It emphasizes the importance of independent assessment before entering transactions, highlights the risks associated with the securities, and clarifies that past performance does not guarantee future results. The document also states that the securities are not insured by the FDIC and are subject to investment risks. Additionally, it mentions potential compensation arrangements and clarifies that Deutsche Bank does not provide accounting, tax, or legal advice.


document_description: This document is a Form ADV Part 2A brochure for iCapital Advisors, LLC, providing information about the firm's qualifications and business practices. It includes a disclaimer that the information has not been approved by the SEC or any state securities authority and clarifies that SEC registration does not imply endorsement or guarantee of skill or expertise.


document_description: This document is an amendment to iCapital's brochure as part of the annual update for 2018. It includes updates to the collection of investor servicing fees, diligence on certain funds, and business relationships with Fidelity Brokerage Services LLC. Additionally, it notes the acquisition of a private equity access fund platform from Deutsche Bank by iCapital's parent company.


document_description: The document is a Form ADV Part 2A for iCapital Advisors, LLC, detailing their investment advisory services for various private equity and hedge funds. It lists numerous funds managed by iCapital, including Private Access Funds and Direct Investment Funds, and describes their investment strategies, management structure, and regulatory exemptions. The document emphasizes the pooling of investments to invest in underlying funds managed by third-party managers and highlights the confidentiality and risk disclosures associated with these investments.


document_description: The document is a Form ADV Part 2A for iCapital Advisors, LLC, detailing the investment strategies, management fees, and assets under management as of December 31, 2017. It outlines the structure and management of various private equity and hedge funds, including the management fees ranging from 0.25% to 1.25% per annum. The document also lists specific funds with their respective values as of September 30, 2017, and provides information on the ownership and compliance structure of iCapital and its parent company, Institutional Capital Network, Inc.


document_description: The document outlines the fee structure and service provider arrangements for iCapital Advisors, LLC. It details management fees, investor servicing fees, payments to underlying managers, and service provider engagements. The document also discusses the organizational expenses each fund will bear.


document_description: The document outlines the expenses associated with the formation and operation of investment funds managed by iCapital Advisors, LLC. It details the types of expenses that the Private Access Fund and Direct Investment Funds will bear, including management fees, organizational expenses, taxes, and costs related to audits, legal services, and insurance. The document also mentions that limited partners will indirectly bear certain costs related to the Private Access Fund's investments in Underlying Funds.


document_description: The document is a Form ADV Part 2A for iCapital Advisors, LLC, detailing financial and operational aspects of their investment funds. It covers expenses related to investments, performance-based fees, types of clients, and the use of side letters for specific investors. The document emphasizes the financial responsibilities of iCapital and the conditions under which funds operate, including exemptions from the Investment Company Act and minimum investment commitments.


document_description: The document is a Form ADV Part 2A for iCapital Advisors, LLC, detailing their investment strategies and due diligence processes. It outlines the methods of analysis, investment strategies, and risk of loss associated with their Private Access Funds and Direct Investment Funds. iCapital aims to provide investors access to select fund managers with lower investment minimums through a bottom-up diligence approach. The due diligence process includes quantitative and qualitative assessments, involving market analysis, manager evaluation, and comprehensive track record analysis.


document_description: The document is a disclosure from iCapital Advisors, LLC regarding their investment selection process and associated risks. It highlights the limitations of their due diligence, particularly in operational aspects, and the potential risks involved in investing in Private Access Funds and other investment vehicles managed by iCapital. The document advises prospective investors to consult professional advisers and review legal documents before investing, emphasizing the high economic risks and potential for substantial losses.


document_description: The document outlines the financial and tax implications for investors in Private Access Funds managed by iCapital Advisors, LLC. It discusses the potential requirement for investors to return distributions to meet indemnification obligations, the need for tax filing extensions, and the possibility of incurring tax liabilities exceeding cash distributions. It also highlights the illiquidity of investments in private equity funds, economic and market risks, and consequences of default on capital contributions.


document_description: The document is a Form ADV Part 2A for iCapital Advisors, LLC, discussing various investment risks associated with securities. It highlights general economic and market conditions, issuer risk, equity securities risks, and investments in non-U.S. issuers. The document outlines factors that can affect the value of investments, including market volatility, economic conditions, and specific risks related to foreign investments.


document_description: The document is a Form ADV Part 2A for iCapital Advisors, LLC, discussing investment strategies and associated risks. It covers investments in American, European, and Global Depositary Receipts (ADRs, EDRs, GDRs), highlighting risks such as political, economic, and foreign exchange risks. It also discusses investments in emerging markets, noting potential volatility and market instability. Additionally, the document addresses foreign currency risks and the impact of U.S. dollar exchange rate fluctuations on fund investments.


document_description: The document discusses various financial risks associated with investments, including currency exchange rate fluctuations, credit risk, concentration risk, and settlement risk. It highlights how these factors can affect the value and performance of investment funds, particularly in foreign markets.


document_description: The document discusses various risks associated with investing in certain types of securities, particularly those involving small or medium-sized companies, illiquid investments, convertible securities, and participation certificates. It highlights the potential for increased volatility, liquidity issues, and counterparty risks.


document_description: The document is a Form ADV Part 2A for iCapital Advisors, LLC, discussing various financial risks and strategies associated with investment funds managed by the firm. It covers topics such as cash position risk, leverage, and derivatives risk. The document outlines the potential risks and benefits of holding cash, using leverage, and investing in derivatives, emphasizing the complexities and potential for increased risk in these strategies.


document_description: The document discusses various financial risks associated with investment funds, particularly focusing on derivatives, warrants, stock purchase rights, and debt securities. It highlights the potential volatility and liquidity issues with derivatives, the speculative nature of warrants, and the risks associated with high-yield, high-risk bonds, commonly known as 'junk bonds.' The document emphasizes the speculative nature and higher default risk of these bonds, which are often issued by companies with questionable credit strength.


document_description: The document is a Form ADV Part 2A for iCapital Advisors, LLC, detailing various investment risks, affiliations, and activities. It discusses the risks associated with investing in Real Estate Investment Trusts (REITs) and cybersecurity risks for private equity funds. The document also states that iCapital has not experienced any material legal or disciplinary events. It outlines the affiliations with iCapital Securities, LLC, a registered broker-dealer, and Gen II Fund Services, LLC, which provides fund administration services. The document emphasizes the potential conflicts of interest due to these affiliations.


document_description: The document is a Form ADV Part 2A for iCapital Advisors, LLC, detailing relationships and potential conflicts of interest involving iCapital and its investors, including BNY Capital Corporation, BlackRock, Credit Suisse, Morgan Stanley, and UBS. It discusses the incentives these relationships may create in selecting service providers and fund managers. The document also outlines iCapital's Code of Ethics, which aims to prevent conflicts of interest and insider trading among its employees.


document_description: The document outlines the Code of Ethics and conflict of interest policies for iCapital Advisors, LLC. Employees must obtain written authorization from the CCO for personal investments and are discouraged from frequent trading. iCapital serves as the investment adviser to various funds and may waive fees for employees. The document also discusses potential conflicts of interest, including compensation from underlying fund managers and placement fees, which could influence investment recommendations.


document_description: The document is a Form ADV Part 2A for iCapital Advisors, LLC, detailing potential conflicts of interest, fee structures, valuation processes, educational programs, and privacy policies. It highlights the involvement of iCapital management in soliciting investment advisers, the fee structures for brokerage limited partners, and the valuation processes for fund assets. It also discusses educational programs for financial advisers and the privacy policy regarding investor information.


document_description: The document is a Form ADV Part 2A for iCapital Advisors, LLC, detailing their brokerage practices, account review processes, and client referral policies. It outlines the firm's approach to brokerage practices, including the selection of brokers and the use of 'soft dollar' credits. The document also describes the review process for fund performance and investor account statements, as well as the role of iCapital Securities, LLC in client referrals and compensation.


document_description: The document outlines the financial arrangements and agreements of iCapital Advisors, LLC, particularly focusing on their collaboration with Fidelity Brokerage Services LLC and National Financial Services LLC. It details the compensation arrangements, custody rules, and investment discretion policies related to iCapital's management of funds. The document also highlights potential conflicts of interest due to compensation arrangements with Fidelity and other third-party advisors.


document_description: The document outlines iCapital Advisors, LLC's policies on voting client securities and financial information. It specifies that iCapital does not anticipate owning equity securities with voting rights in Private Access Funds and delegates proxy voting for Direct Investment Funds to a Sub-Adviser. iCapital has a Proxy Voting Policy for certain investments, ensuring conflict of interest resolution. The document also confirms iCapital's financial stability and absence of bankruptcy history.


document_description: This document is a Brochure Supplement for iCapital Advisors, LLC, providing information about Eileen Duff Blalock, Phil Pool, John Robertshaw, Daniel Vene, and Nicholas Veronis. It supplements the iCapital Advisors, LLC's Form ADV Brochure.

title: FORM ADV PART 2B: Brochure Supplement

key_people:
Eileen Duff Blalock
Phil Pool
John Robertshaw
Daniel Vene
Nicholas Veronis
Michael Stanton

document_type: other

key_locations: 60 East 42nd Street, 26th Floor, New York, NY 10165

document_subtype: Brochure Supplement

key_organizations:
iCapital Advisors, LLC
Southern Financial LLC


document_description: This document provides the educational background, business experience, and other professional details of Phil Pool, a member of iCapital Advisor's investment committee. It includes his roles, past experiences, and supervisory details.

title: Form ADV Part 2B for Phil Pool

key_people:
Phil Pool
Michael Stanton

document_type: correspondence

key_locations:
London
New York
Chicago

document_subtype: Form ADV Part 2B

key_organizations: Donaldson, Lufkin & Jenrette Securities Corporation


document_description: This document is a Form ADV Part 2B for John C. Robertshaw, detailing his educational background, business experience, and other professional information. Mr. Robertshaw is a co-founder and special advisor to iCapital Advisors, LLC, and has a significant history with Credit Suisse Securities and Donaldson, Lufkin & Jenrette. The document confirms that Mr. Robertshaw has no disciplinary history and outlines his current roles and supervision.


document_description: This document provides the educational background, business experience, and other relevant information about Daniel Vene, a member of Capital Advisor's investment committee and Co-Founder of iCapital Network. It includes details about his previous roles, disciplinary information, other business activities, and supervision.

title: Form ADV Part 2B for Daniel Vene

key_people:
Daniel Vene
Michael Stanton

key_organizations:
iCapital Advisors LLC
iCapital Network
Fir Tree Partners
Eaton Partners
Thomson Financial
PREA
NCREIF


document_description: This document is the amended and restated limited partnership agreement for Glendower Access Secondary Opportunities IV (U.S.), L.P. It includes definitions, organization and powers, details about partners, investments and activities, fees and expenses, and capital of the partnership.

title: Glendower Access Secondary Opportunities IV (U.S.), L.P. Amended and Restated Limited Partnership Agreement

document_type: legal

document_subtype: Limited Partnership Agreement


document_description: This document is an amended and restated limited partnership agreement for Glendower Access Secondary Opportunities IV (U.S.), L.P. It includes articles on default, distributions, capital accounts, duration of the partnership, liquidation of assets, and limitations on transfers and withdrawals.

title: Amended and Restated Limited Partnership Agreement

document_type: tabular


document_description: This document outlines the terms and conditions of the partnership agreement for Glendower Access Secondary Opportunities IV (U.S.), L.P. It includes details about the partnership's name, offices, purpose, powers, and the roles and responsibilities of the partners. The agreement specifies the principal office locations, the purpose of the partnership to invest in the Underlying Fund, and the limited liability status of the partners.

title: Amended and Restated Limited Partnership Agreement for Glendower Access Secondary Opportunities IV (U.S.), L.P.

key_people:
General Partner
Limited Partners

key_locations: Corporation Trust Center, 1209 Orange Street, Wilmington, County of New Castle, Delaware

document_subtype: Partnership Agreement


document_description: The document outlines the terms for Additional Limited Partners in the partnership, including their financial obligations and the interest rates applicable to their contributions. It also details the adjustments to be made for existing Limited Partners and the role of the General Partner in managing these contributions and adjustments.

key_organizations: Glendower Access Secondary Opportunities IV (U.S.), L.P.


document_description: The document is an excerpt from the Amended and Restated Limited Partnership Agreement for Glendower Access Secondary Opportunities IV (U.S.), L.P. It outlines the rights and responsibilities of the General Partner, including the ability to release confidential information to governmental authorities, amend the agreement without consent, and ensure compliance with anti-money laundering laws. The General Partner has exclusive management and control over the partnership.


document_description: The document outlines the terms under which the General Partner can utilize alternative investment vehicles for legal, tax, regulatory, accounting, or other reasons. It specifies the conditions under which Limited Partners may be required to make capital contributions to these vehicles and ensures that economic provisions are consistent with the main partnership agreement.

title: Glenodwer Access Secondary Opportunities IV (U.S.), L.P. Amended and Restated Limited Partnership Agreement

key_people:
General Partner
Limited Partners
Investment Manager


document_description: This document is an excerpt from the Amended and Restated Limited Partnership Agreement for Glendower Access Secondary Opportunities IV (U.S.), L.P. It outlines the terms related to allocations, distributions, and transfers of interests among Limited Partners and Alternative Investment Vehicles. It specifies the conditions under which a Limited Partner may become a 'defaulting partner' and the economic terms that should be consistent across the Partnership and Alternative Investment Vehicles. The document also discusses the establishment of Investment Subsidiaries for legal, tax, or management purposes.


document_description: This document is an excerpt from the Amended and Restated Limited Partnership Agreement for Glendower Access Secondary Opportunities IV (U.S.), L.P. It outlines the responsibilities and obligations regarding fees and expenses between the General Partner, the Partnership, and the Investment Manager. The document specifies the types of expenses that the Partnership will cover, including management fees, organizational expenses, and various operational costs. It also details the expenses that the Investment Manager or its affiliates will bear, such as employee compensation and office-related costs.

document_type: financial


document_description: This document outlines the financial terms and obligations for partners in the Southern Financial LLC partnership. It details the management fee structure, timing of payments, and capital contribution obligations for partners. The management fee is calculated based on LIBOR plus 2% or 8%, whichever is higher, and is payable quarterly in advance. Capital contributions are required from each partner based on their subscription and percentage interest, with specific provisions for initial contributions and drawdowns.

key_people:
General Partner
Investment Manager


document_description: The document outlines the procedures and conditions under which Southern Financial LLC's General Partner can call for capital contributions from Limited Partners. It includes provisions for additional contributions, deficiency drawdowns, notice procedures, offsets against distributions, and the authority to reduce subscriptions. It also addresses the return of unused contributions.

key_people:
General Partner
Limited Partner

key_organizations: Glendower Accent Secondary Opportunities IV (U.S.), L.P.


document_description: This document outlines the terms and conditions related to default by a Limited Partner in a partnership agreement. It specifies the actions that the General Partner may take in the event of a default, including designating a partner as a 'Defaulting Partner', enforcing capital contributions, and potential remedies such as specific performance, prohibiting future capital calls, and compulsory redemption of the Defaulting Partner's interest.


document_description: The document outlines the rights and remedies available to the Investment Manager and/or General Partner in the event of a Defaulting Partner in the partnership. It includes measures such as compulsory transfer of interest, reduction of unpaid subscription, forced sale of interest, acceptance of late contributions with interest, immediate payment of unpaid subscriptions, application of distributions against amounts due, abandonment of interest, withholding of distributions, and legal enforcement of rights and remedies.


document_description: This document is an excerpt from the Amended and Restated Limited Partnership Agreement for Glendower Access Secondary Opportunities IV (U.S.), L.P. It outlines the rights and remedies available to the General Partner in the event of a default by a Limited Partner. The General Partner has the authority to limit or eliminate the Defaulting Partner's rights, reallocate their interest among non-Defaulting Partners, and enforce penalties. The document emphasizes that these remedies are cumulative and do not preclude other legal actions.

key_people:
General Partner
Defaulting Partner


document_description: This document outlines the provisions related to default and assignment of partner contributions in the Glendower Access Secondary Opportunities IV (U.S.), L.P. Amended and Restated Limited Partnership Agreement. It details the procedures and consequences when a partnership fails to meet capital call amounts, including the treatment of defaulting partners and the assignment of partner contributions as security for indebtedness.

key_people:
General Partner
Limited Partners
Defaulting Access Fund Investor


document_description: The document outlines the security interests and distribution policies of a partnership agreement involving Southern Financial LLC. It details the assignment of security interests by Limited Partners to the Partnership, the rights of the Partnership in case of default, and the procedures for distributions of investment proceeds and discretionary distributions among partners.


document_description: This document outlines the operational rules and distribution policies for Southern Financial LLC, specifically focusing on the treatment of distributions to Defaulting Partners, special distributions, and tax payment obligations. It includes provisions for how distributions are treated in various scenarios, including withholding and tax liabilities.


document_description: This document is a section of the Amended and Restated Limited Partnership Agreement for Glendower Access Secondary Opportunities IV (U.S.), L.P. It outlines the tax liabilities and indemnification responsibilities of partners, the determination of tax liabilities by the General Partner, and restrictions on certain distributions. It also details the creation and maintenance of capital accounts for each partner.


document_description: This document outlines the terms and conditions for the duration and dissolution of a partnership under Southern Financial LLC. It specifies the term of the partnership, conditions for dissolution upon withdrawal of the General Partner, and procedures for liquidation of assets upon dissolution.

key_organizations: Glendower Acceto Secondary Opportunities IV (U.S.) L.P.


document_description: The document outlines the procedures for the liquidation of a partnership, including the distribution of assets, expenses of the liquidator, duration of liquidation, and liability for returns. It also details limitations on transfers and withdrawals of limited partnership interests.

key_organizations: Glendower Accetcc Secondary Opportunities IV (U.S.) L.P.


document_description: This document outlines the conditions under which a Limited Partner's interest in the Partnership can be transferred. It specifies the need for the General Partner's consent for any transfer, prohibits public trading of partnership interests, and details the representations required from transferors and transferees. The document also addresses the conditions under which transfers will not be recognized by the Partnership.


document_description: This document outlines the conditions and restrictions on the transfer of partnership interests in Glendower Accetec Secondary Opportunities IV (U.S.), L.P. It specifies the requirements for transferring limited partners and transferees, including compliance with Section 1446(f) of the Code and other legal provisions. It also lists prohibited legal consequences that would prevent a transfer, such as causing the partnership's assets to become 'plan assets' under ERISA or resulting in a non-exempt prohibited transaction.

title: Glendower Accetec Secondary Opportunities IV (U.S.), L.P. Amended and Ratified Limited Partnership Agreement


document_description: This document outlines the terms and conditions related to the transfer of partnership interests in Glendower Access Secondary Opportunities IV (U.S.), L.P. It specifies the requirements for transferees to be accredited investors, qualified purchasers, and qualified clients. It also details the need for a legal opinion for transfers, reimbursement of transfer expenses, and the admission of substituted limited partners.


document_description: This document is an excerpt from the Amended and Restated Limited Partnership Agreement for Glendower Access Secondary Opportunities IV (U.S.), L.P. It includes provisions on look-through treatment, exculpation, and indemnification of Covered Persons, which include the Investment Manager, General Partner, and others. The document outlines conditions under which these individuals are not liable for losses suffered by the Partnership or any Partner, provided they acted in good faith and without gross negligence or willful misconduct.

key_people:
Investment Manager
General Partner


document_description: This document is an excerpt from the Amended and Restated Limited Partnership Agreement for Glendower Access Secondary Opportunities IV (U.S.), L.P. It outlines the indemnification rights and insurance provisions for Indemnitees associated with the Partnership. The General Partner may purchase insurance for Indemnitees, and indemnification rights are not exclusive, allowing for additional rights from other sources. The document also details the priority of indemnity obligations, with Third-Party Indemnifiers having primary liability, the Partnership secondary, and the General Partner tertiary.


document_description: This document is an excerpt from the Amended and Restated Limited Partnership Agreement for Glendower Access Secondary Opportunities IV (U.S.), L.P. It outlines the indemnification and exculpation provisions for the partnership, including limitations on indemnification by the General Partner, adjustments required by law, and conditions under which partners may be required to return distributions to the partnership.


document_description: This document outlines the procedures and conditions under which amendments to the partnership agreement of Southern Financial LLC can be made. It specifies the consent required from partners for various types of amendments, including those affecting economic rights and ERISA provisions. It also details the notification process for amendments and the concept of negative consent.

document_subtype: Partnership Agreement Amendment


document_description: This document outlines the administrative provisions and voting/consent procedures for Southern Financial LLC's limited partnership agreement. It details how approvals under the Advisers Act can be obtained, the process for voting and consents among limited partners, and the maintenance of accounts and records by the General Partner.

key_organizations: Glendower Accetec Secondary Opportunities IV (U.S.), L.P.


document_description: The document outlines the financial reporting obligations of the General Partner to the Limited Partners in a partnership. It includes details on the filing of the Certificate of Limited Partnership, the preparation and transmission of annual financial statements and tax information, and the provision of quarterly reports. It also mentions the limitations on information rights for Limited Partners compared to direct limited partners of the Underlying Fund.


document_description: This document is an excerpt from the Amended and Restated Limited Partnership Agreement for Glendower Access Secondary Opportunities IV (U.S.), L.P. It outlines provisions related to notices, accounting, and tax matters. Notices to partners are deemed received based on the method of delivery, and the General Partner may post financial statements online. The fiscal year is the calendar year unless otherwise required for tax purposes. The Partnership's independent accountants are selected by the General Partner. The document also details tax provisions, ensuring the Partnership is treated as a partnership for U.S. federal income tax purposes, and designates the General Partner as the 'tax matters partner' for fiscal years ending before January 1, 2018.


document_description: This document is an excerpt from the Amended and Restated Limited Partnership Agreement for Glendower Access Secondary Opportunities IV (U.S.), L.P. It outlines the responsibilities and designations of the General Partner as the 'partnership representative' under the BBA, the obligations of the Partners regarding tax compliance, and the financial responsibilities related to partnership tax audits. It also includes provisions for the sharing of costs and the reliance on tax advisors.


document_description: This document is an excerpt from the Amended and Restated Limited Partnership Agreement for Glendower Access Secondary Opportunities IV (U.S.), L.P. It outlines the obligations of Limited Partners regarding compliance with FATCA and Section 1045 of the Internal Revenue Code. Limited Partners must provide necessary information for FATCA compliance and may face consequences for non-compliance, including transfer of interest or indemnification of the Partnership. The document also specifies that the Partnership is not required to elect Section 1045 rollovers or comply with related tax reporting obligations.


document_description: This document is an excerpt from the Amended and Restated Limited Partnership Agreement for Glendower Access Secondary Opportunities IV (U.S.), L.P. It outlines various tax-related provisions and obligations for Limited Partners, including restrictions on elections under certain sections of the Internal Revenue Code, requirements for maintaining tax reporting consistency, and the appointment of the General Partner as attorney-in-fact for executing necessary documents.


document_description: This document is an excerpt from the Amended and Restated Limited Partnership Agreement for Glendower Access Secondary Opportunities IV (U.S.), L.P. It outlines the powers of the General Partner, including the execution of documents necessary for the dissolution, termination, or amendment of the partnership or related entities. It also details the responsibilities of Limited Partners to provide necessary information and documentation for compliance and disclosure purposes.


document_description: This document is an amended and restated limited partnership agreement for Glendower Access Secondary Opportunities IV (U.S.), L.P. It outlines the binding nature of the agreement on successors, governing law, remedies for breach, waiver of partition rights, securities law matters, and confidentiality obligations of limited partners. The agreement is governed by Delaware law and emphasizes the confidentiality of partnership information.


document_description: This document is an excerpt from a limited partnership agreement for Southern Financial LLC, detailing confidentiality obligations and the handling of partnership information. It outlines the conditions under which the General Partner may withhold information from Limited Partners and the legal remedies available for breaches of confidentiality. It also includes provisions for contract construction and the survival of confidentiality obligations after a partner's withdrawal.

key_organizations: Glendower Accetcc Secondary Opportunities IV (U.S.), L.P.


document_description: This document is an Amended and Restated Limited Partnership Agreement for Glendower Access Secondary Opportunities IV (U.S.), L.P. It outlines the terms and conditions under which the partnership operates, including arbitration procedures, the use of side letters, and provisions for dealing with 'bad actor' disqualifications under Rule 506(d) of the Securities Act. The agreement also specifies that it can be signed in counterparts and constitutes the entire agreement among the parties involved.


document_description: This document is an amended and restated limited partnership agreement for Glendower Access Secondary Opportunities IV (U.S.), L.P. It includes provisions related to the certification of a 20% Holder and confidentiality clauses.


document_description: This document is an Amended and Restated Limited Partnership Agreement for Glendower Access Secondary Opportunities IV (U.S.), L.P. It includes signatures from the General Partner and Limited Partners, with Thomas Fortin as COO signing on behalf of Institutional Capital Network, Inc. Michael Stanton is noted as the Initial Limited Partner who is withdrawing.

key_people:
Thomas Fortin
Michael Stanton

key_organizations: Glendower Access Secondary Opportunities IV GP LLC