The document is a Form ADV Part 2A for iCapital Advisors, LLC, detailing various aspects of their investment management services. It covers topics such as litigation and legal fees, performance-based fees, types of clients, and side agreements with investors. The document outlines the expenses borne by Direct Investment Funds, the performance-based fees charged by iCapital, and the types of clients they serve, including high net worth individuals and institutional investors. It also discusses the use of side letters to provide certain investors with additional rights.
doj/DataSet10/EFTA01391287.pdf
{"key_people":["iCapital Advisors, LLC"],"document_type":"legal","document_subtype":"Form ADV Part 2A","key_organizations":["iCapital Advisors, LLC","BBR Partners"],"reference_numbers":["DB-SDNY-0096124","SDNY_GM_00242308","EFTA01391287"]}