The document outlines the financial reporting and tax implications for Limited Partners of the Access Fund, managed by Aspen Grove Capital, LLC. It details the provision of audited financial statements, IRS Schedule K-1, and quarterly reports to Limited Partners. It also discusses the U.S. federal income tax treatment of the Access Fund as a partnership and the implications for U.S. Tax-Exempt Investors, including the expectation of receiving Unrelated Business Taxable Income (UBTI). The document advises Non-U.S. Investors to consider the Offshore Access Fund instead.
doj/DataSet10/EFTA01393299.pdf
{"document_type":"financial","document_subtype":"financial report","key_organizations":["Aspen Grove Capital, LLC","Access Fund","U.S. Internal Revenue Service"],"reference_numbers":["DB-SDNY-0098809","SDNY_GM_00244993","EFTA01393299"]}