This document outlines the fiduciary responsibilities and conditions for an Investor Fiduciary in relation to the purchase of an Interest under ERISA and the Code. It specifies the independence of the Investor Fiduciary from iCapital and its Affiliates, the discretionary authority to make purchases, and compliance with ERISA diversification requirements. It also addresses prohibited transaction exemptions and conditions for employee benefit plans and individual retirement accounts.
documents/vol00010-efta01364884-pdf.pdf
{"document_type":"financial","document_subtype":"investment agreement","key_organizations":["Southern Financial LLC","iCapital"],"reference_numbers":["DB-SDNY-0055433","SDNY_GM_00201617","EFTA01364884"]}