This document outlines the legal, ERISA, and tax considerations for the Glendower Capital Secondary Opportunities Fund IV, LP. It covers valuation practices, fair treatment of investors, liquidity management, and professional liability risk. The fund will be valued based on U.S. GAAP and ASC 820 standards, with a valuation committee chaired by Deirdre Davies. The fund is a closed-ended AIF with no redemption rights for investors, and it holds a professional indemnity insurance policy. The fund is governed by English law under the Limited Partnerships Act 1907.
doj/DataSet10/EFTA01392101.pdf
{"title":"Glendower Capital Secondary Opportunities Fund IV, LP - Legal, ERISA and Tax Considerations","key_people":["Deirdre Davies"],"document_type":"legal","key_locations":["United Kingdom"],"document_subtype":"Private Placement Memorandum","key_organizations":["Glendower Capital"],"reference_numbers":["DB-SDNY-0097260","SDNY_GM_00243444","EFTA01392101"]}