The document discusses the legal considerations related to the offering and sale of interests in the Glendower Capital Secondary Opportunities Fund IV, LP. It highlights that these 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 settlements involving Credit Suisse and Raymond James related to auction rate securities, emphasizing the requirement for investors to bear the risk of investment for an indefinite period.
documents/EFTA01390862.pdf
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