The document is a Form ADV Part 2A for iCapital Advisors, LLC, detailing the terms and conditions related to capital contributions to Private Access Funds. It outlines the responsibilities of investors, the lack of direct interest or recourse against the Underlying Fund, and the absence of voting rights for investors. It also discusses potential penalties for failing to meet capital contributions and the possibility of changes to the terms of the Underlying Fund.
doj/DataSet10/EFTA01394055.pdf
{"document_type":"financial","document_subtype":"Form ADV Part 2A","key_organizations":["iCapital Advisors, LLC","Private Access Fund","Underlying Fund"],"reference_numbers":["DB-SDNY-0100008","SDNY_GM_00246192","EFTA01394055"]}