The document provides information about the Glendower Access Secondary Opportunities IV (U.S.), L.P. and the associated Access Fund. It highlights the potential risks and lower returns for investors in the Access Fund compared to direct investment in the Underlying Fund due to additional fees and expenses. It also outlines the speculative nature and high risks of alternative investments, emphasizing the lack of liquidity, potential for loss, and complex tax structures. The document clarifies that purchasers of interests in the Access Fund will not have direct interests or voting rights in the Underlying Fund.
doj/DataSet10/EFTA01389915.pdf
{"document_type":"financial","key_locations":["60 East 42nd Street New York, NY 10165"],"document_subtype":"investment information","key_organizations":["Glendower Access Secondary Opportunities IV (U.S.), L.P.","iCapital Advisors, LLC","Institutional Capital Network, Inc.","iCapital Network"],"reference_numbers":["DB-SDNY-0094281","SDNY_GM_00240465","EFTA01389915"]}