The document discusses the legal and regulatory considerations for the offering and sale of interests in the Glendower Capital Secondary Opportunities Fund IV, LP. It highlights that the interests will not be registered under the Securities Act of 1933 or any other securities laws and will be sold to accredited investors in the U.S. under exemptions. The document also details past legal issues involving Credit Suisse and Raymond James related to auction rate securities, including settlements and penalties.
doj/DataSet10/EFTA01390207.pdf
{"key_people":["Ian Slome"],"document_type":"legal","key_locations":["New York","Puerto Rico","Virgin Islands","District of Columbia"],"document_subtype":"Confidential Private Placement Memorandum","key_organizations":["Glendower Capital","Credit Suisse Securities (USA) LLC","Raymond James & Associates, Inc.","Raymond James Financial Services, Inc."],"reference_numbers":["GLDUS138"]}