The document discusses the classification of equity interests in the Access Fund, particularly in relation to ERISA regulations. It outlines the implications if the Access Fund's assets are considered plan assets under ERISA, including fiduciary responsibilities and potential liabilities. It also addresses reporting requirements for ERISA Plan investors on Form 5500 and advises governmental pension plans to consult legal counsel before investing. The document emphasizes the need for fiduciaries to seek legal advice regarding ERISA and investment decisions.
doj/DataSet10/EFTA01389738.pdf
{"key_people":["General Partner"],"document_type":"financial","document_subtype":"investment fund disclosure","key_organizations":["Access Fund"],"reference_numbers":["DB-SDNY-0094102","SDNY_GM_00240286","EFTA01389738"]}