The document discusses the risks and conflicts of interest associated with investing in the Access Fund, which is designed to facilitate investment into the Underlying Fund. It highlights the lack of registration under various acts, illiquidity of securities, restrictions on transfer, and potential for total loss of investment. The document also notes that the Access Fund will bear additional expenses, impacting returns, and that investors will not have direct rights or control over the Underlying Fund.
doj/DataSet10/EFTA01390122.pdf
{"key_people":["Ian Slome"],"document_type":"correspondence","document_subtype":"investment memorandum","key_organizations":["Raymond James","Glendower","Access Fund","Underlying Fund"],"reference_numbers":["GLDUS138","DB-SDNY-0094503","SDNY_GM_00240687","EFTA01390122"]}