The document discusses the potential legal risks and liabilities associated with the Access Fund's significant ownership interests in portfolio companies, particularly in relation to ERISA controlled group liability. It references the 2013 Sun Capital Case and subsequent rulings that could impact private equity funds. The document also outlines the limitations on recourse, transferability, and voting rights for Limited Partners of the Access Fund, emphasizing the illiquid nature of the investment and the concentration risks involved.
doj/DataSet10/EFTA01391371.pdf
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