This document outlines certain legal, ERISA, and tax considerations for investors in the Glendower Capital Secondary Opportunities Fund IV, LP. It discusses the 25% Test for Benefit Plan Investors under ERISA, the requirement for plan administrators to report compensation on Form 5500, and U.S. federal income tax considerations for the Fund, including its treatment as a partnership and the implications of the Bipartisan Budget Act of 2015 on partnership audit rules.
documents/vol00010-efta01354741-pdf.pdf
{"title":"Glendower Capital Secondary Opportunities Fund IV, LP - Legal, ERISA and Tax Considerations","document_type":"legal","document_subtype":"Private Placement Memorandum","key_organizations":["Glendower Capital Secondary Opportunities Fund IV, LP"],"reference_numbers":["GLDUS125"]}