The document is an investment memorandum for the Offshore Feeder Fund, which is newly organized and lacks financial or operating history. It highlights that the fund is not registered under various U.S. acts and carries risks of total investment loss. The fund is not required to register as a mutual fund under Cayman Islands law due to its closed-ended nature. The document also discusses tax risks associated with investing in the fund, emphasizing the need for investors to consult tax advisors.
doj/DataSet10/EFTA01451539.pdf
{"document_type":"financial","key_locations":["Cayman Islands"],"document_subtype":"investment memorandum","key_organizations":["Offshore Feeder Fund","Cayman Islands Monetary Authority"],"reference_numbers":["DB-SDNY-0108200","SDNY_GM_00254384","EFTA01451539"]}