This document discusses legal, ERISA, and tax considerations for the Glendower Capital Secondary Opportunities Fund IV, LP. It outlines the 25% Test for Benefit Plan Investors under ERISA, the requirement for Form 5500 reporting, and certain U.S. federal income tax considerations for investors. The document also covers the treatment of the fund as a partnership for tax purposes and the implications of the Bipartisan Budget Act of 2015 on partnership audit rules.
doj/DataSet10/EFTA01391171.pdf
{"title":"Glendower Capital Secondary Opportunities Fund IV, LP - Legal, ERISA and Tax Considerations","key_people":["Plan administrators","General Partner"],"document_type":"legal","document_subtype":"Private Placement Memorandum","key_organizations":["Glendower Capital","U.S. Internal Revenue Service"],"reference_numbers":["Section 4975","Form 5500"]}