Investors in the Access Fund will incur additional fees and expenses compared to direct investment in the Underlying Fund. DBSI will receive additional fees from the Underlying Fund. Key terms include the Final Admission Date, waiver of Placement Fee by DBSI, and management fee distribution between iCapital Advisors and DBSI. Direct investment options are available for subscriptions of $5 million or more, with specific fee implications. DBSI acts as a placement agent for the Underlying Fund.
documents/vol00010-efta01354415-pdf.pdf
{"key_people":["Henry Nicholas"],"document_type":"correspondence","document_subtype":"Summary of Key Terms","key_organizations":["DBSI","iCapital Advisors","Glendower Capital, LLP"],"reference_numbers":["GLDUS143"]}