The document discusses the implications of investors subscribing for interests in a Subsequent Closing of the Underlying Fund, including potential dilution of existing investors' interests and issues related to public disclosure requirements. It also covers the borrowing strategies of the Access Fund and the Underlying Fund, highlighting the risks associated with leverage and the potential for loss of assets pledged as collateral.
doj/DataSet10/EFTA01393606.pdf
{"key_people":["General Partner","Investment Manager"],"document_type":"financial","document_subtype":"investment memorandum","key_organizations":["Bright Group","Access Fund","Underlying Fund","Glendower GP"]}