The document discusses the risks and conflicts of interest associated with investing in the Access Fund, an investment vehicle formed to facilitate investment into the Underlying Fund. It highlights the lack of registration under various acts, restrictions on transfer, and potential for total loss of investment. The document also notes the additional expenses borne by the Access Fund, which may impact returns, and the lack of investor rights in the Underlying Fund.
doj/DataSet10/EFTA01393302.pdf
{"key_people":["Raymond James"],"document_type":"correspondence","document_subtype":"investment memorandum","key_organizations":["Aspen Grove Capital, LLC","Access Fund","Underlying Fund","Glendower"],"reference_numbers":["DB-SDNY-0098815","SDNY_GM_00244999","EFTA01393302"]}