This document outlines the fiduciary responsibilities and conditions under which an Investor Fiduciary can make a proposed purchase of an Interest in a partnership. It specifies the independence of the Investor Fiduciary from iCapital and its affiliates, the discretionary authority of the Investor Fiduciary, and compliance with ERISA and the Code. It also addresses the identification of plan assets, diversification requirements, and prohibited transaction exemptions.
doj/DataSet10/EFTA01393444.pdf
{"document_type":"legal","document_subtype":"investment agreement","key_organizations":["Aspen Grove Capital, LLC","iCapital"],"reference_numbers":["DB-SDNY-0098997","SDNY_GM_00245181","EFTA01393444"]}