The document outlines key terms for investors in the Access Fund managed by Southern Financial LLC. It details fees, expenses, and performance compensation associated with the Access Fund and the Underlying Fund. Key terms include the Final Admission Date, waiver of Placement Fees by DBSI, and the split of the Access Fund Management Fee between iCapital Advisors and DBSI. It also mentions the option for investors with subscriptions of $5 million or more to invest directly in the Underlying Fund, bypassing Access Fund expenses. DBSI acts as a placement agent and receives marketing fees.
documents/EFTA01386446.pdf
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