This document outlines the risk factors associated with the Glendower Capital Secondary Opportunities Fund IV, LP. It highlights valuation risks due to the nature of private equity assets, absence of Investment Company Act protection, potential tax risks, and the impact of Base Erosion and Profit Shifting (BEPS) initiatives. The document emphasizes the inherent uncertainties in investment valuations and the potential for significant taxation if the Fund is deemed to have a permanent establishment in certain jurisdictions.
documents/vol00010-efta01364806-pdf.pdf
{"document_type":"financial","document_subtype":"Confidential Private Placement Memorandum","key_organizations":["Glendower Capital","Organization for Economic Co-operation and Development (OECD)","G20","European Council"],"reference_numbers":["DB-SDNY-0055354","SDNY_GM_00201538","EFTA01364806"]}