The document outlines the terms related to carried interest distributions, indemnification, and withdrawal/transfer of interests for the Access Fund and its Limited Partners. The Glendower GP is entitled to a 12.5% carried interest on net profits, subject to an 8% preferred return. Indemnification provisions protect various parties using the Access Fund's assets. Limited Partners have restrictions on withdrawal and transfer of interests, requiring General Partner consent and payment of transfer expenses.
doj/DataSet10/EFTA01394129.pdf
{"key_people":["Glendower GP","General Partner"],"document_type":"legal","document_subtype":"Investment Fund Agreement","key_organizations":["DF Enterprises","Access Fund","Underlying Fund","Feeder Funds"]}