This document outlines the legal, ERISA, and tax considerations for the Glendower Capital Secondary Opportunities Fund IV, LP. It discusses the valuation process, fair treatment of investors, liquidity management, and professional liability risk. The fund will be valued based on U.S. GAAP and ASC 820 standards, with a valuation committee chaired by Deirdre Davies. The document also covers the fund's closed-ended nature, lack of redemption rights, and professional indemnity insurance. The fund is governed by English law under the Limited Partnerships Act 1907.
documents/EFTA01390860.pdf
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