This document discusses the legal and regulatory considerations for Glendower Capital Secondary Opportunities Fund IV, LP, particularly focusing on exemptions from registration with the U.S. Commodity Futures Trading Commission (CFTC) and ERISA considerations for fiduciaries of employee benefit plans. It outlines the conditions under which the fund is exempt from CFTC registration and the fiduciary duties under ERISA that must be considered when investing in the fund.
doj/DataSet10/EFTA01394648.pdf
{"title":"Glendower Capital Secondary Opportunities Fund IV, LP - ERISA and Tax Considerations","key_people":["Lawrence Hirsch"],"document_type":"legal","key_locations":["U.S."],"document_subtype":"Legal Memorandum","key_organizations":["Glendower Capital","U.S. Commodity Futures Trading Commission","U.S. Department of Labor"],"reference_numbers":["Section 4.13(a)(3)","Section 5.1(m)","Section 190.01(x)","Section 404 of ERISA","Section 406 of ERISA","Section 4975 of the U.S. Internal Revenue Code","29 C.F.R. Section 2550.404a-1","Section 3(42) of ERISA"]}