This section of the memorandum discusses legal and tax considerations for investors in the Glendower Capital Secondary Opportunities Fund IV, LP. It covers compliance with ERISA regulations, the 25% Test for Benefit Plan Investors, and the implications for Form 5500 reporting. It also outlines U.S. federal income tax considerations, including partnership treatment and new partnership audit rules under the Bipartisan Budget Act of 2015.
documents/vol00010-efta01355471-pdf.pdf
{"title":"Glendower Capital Secondary Opportunities Fund IV, LP - Section 9: Certain Legal, ERISA and Tax Considerations","key_people":["Greg Martin"],"document_type":"legal","document_subtype":"Private Placement Memorandum","key_organizations":["Glendower Capital Secondary Opportunities Fund IV, LP"],"reference_numbers":["DB-SDNY-0040647","SDNY_GM_00186831","EFTA01355471"]}