The document discusses regulatory concerns regarding the sources of funds used in investments by the Access Fund, a limited partner of Glendower GP. It outlines the requirements for investors to provide documentation verifying their source of funds and compliance with anti-money laundering laws. The document also addresses the applicability of the European Union's Alternative Investment Fund Managers Directive and ERISA considerations for U.S. pension and retirement plans investing in the Access Fund.
doj/DataSet10/EFTA01394162.pdf
{"document_type":"correspondence","key_locations":["European Economic Area"],"document_subtype":"memorandum","key_organizations":["Glendower GP","Access Fund","U.S. Treasury Department's Office of Foreign Assets Control"],"reference_numbers":["Directive 2011/6I/EU","Section 404(a)(1) of ERISA"]}