The document discusses tax implications for U.S. Tax-Exempt Investors investing in the Access Fund, including potential UBTI, excise taxes, and foreign tax credits. It advises investors to consult tax advisors regarding these issues. The Access Fund's tax returns are subject to IRS audits, and the General Partner has authority over tax matters.
doj/DataSet10/EFTA01393321.pdf
{"document_type":"financial","document_subtype":"investment memorandum","key_organizations":["Aspen Grove Capital, LLC","Access Fund"],"reference_numbers":["DB-SDNY-0098838","SDNY_GM_00245022","EFTA01393321"]}