This document is a section of the Private Placement Memorandum for Secondary Opportunities Fund III, LP, focusing on legal, ERISA, and tax considerations. It discusses the AIFMD authorisation status of the Manager, valuation principles based on US GAAP and ASC 820, fair treatment of investors, and liquidity management strategies. The Manager has applied for AIFM Authorisation but has not yet received it. Valuations will be based on fair value principles, and a Valuation Committee will oversee the process. The document also outlines policies for fair treatment of investors and liquidity management aligned with the fund's strategy.
documents/EFTA01452010.pdf
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