This document is an investment memorandum for the Georgetown University Endowment, specifically regarding the Access Fund. It outlines U.S. federal income tax considerations for prospective Limited Partners, emphasizing the need for investors to consult their own tax advisors. The document also discusses regulatory matters, including the reliance on exemptions from registration under the Securities Act of 1933 for the offer and sale of Interests. It highlights the risks associated with the investment, including the indefinite economic risk due to the lack of registration of Interests. Additionally, it discloses past regulatory issues involving Raymond James, the Placement Agent, related to auction rate securities.
doj/DataSet10/EFTA01389309.pdf
{"key_people":["Raymond James"],"document_type":"legal","key_locations":["United States","Puerto Rico","Virgin Islands","District of Columbia"],"document_subtype":"Investment Memorandum","key_organizations":["Georgetown University Endowment","Access Fund","Raymond James Financial Services, Inc.","Securities and Exchange Commission"],"reference_numbers":["DB-SDNY-0093664","SDNY_GM_00239848","EFTA01389309"]}