The document outlines the terms and conditions related to capital contributions and defaults for investors in iCapital Advisors, LLC. It discusses the potential consequences for investors who fail to meet capital calls, including the sale or forfeiture of their interests and legal actions. The document also addresses the structure and liabilities of series limited partnerships under the Delaware Act, highlighting the uncertainty of asset segregation across different jurisdictions. Additionally, it emphasizes the reliance on sub-advisers for investment decisions and the potential impact of their departure on fund performance.
documents/EFTA01390694.pdf
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