HOUSE_OVERSIGHT_024058.jpg

1.83 MB
View Original

Extraction Summary

3
People
3
Organizations
2
Locations
2
Events
1
Relationships
4
Quotes

Document Information

Type: Legal document / fund term sheet (likely private placement memorandum or partnership agreement)
File Size: 1.83 MB
Summary

This document appears to be page 47 of a confidential legal agreement (likely a Private Placement Memorandum or Limited Partnership Agreement) produced for the House Oversight Committee. It outlines specific terms for an investment fund, including the General Partner's required financial commitment (1.5%), the 10-year term duration, drawdown notice periods, and strict investment limitations regarding diversification and foreign investments (US/Canada focus). It references an 'Advisory Board' that holds approval power over term extensions and exceptions to investment restrictions.

People (3)

Name Role Context
General Partner Fund Manager
Entity managing the fund; required to commit at least 1.5% of aggregate commitments; has right to extend term.
Limited Partners Investors
Investors in the fund; obligations regarding capital contributions and drawdowns.
Advisory Board Oversight Body
Body required to approve term extensions and exceptions to investment limitations.

Organizations (3)

Name Type Context
The Fund
The investment vehicle described in the document (specific name not visible on this page).
Portfolio Companies
Entities in which the Fund invests.
House Oversight Committee
Implied recipient of the document via Bates stamp 'HOUSE_OVERSIGHT'.

Timeline (2 events)

Final Closing Date
Reference point for the 5-year investment period calculation.
Not specified
Initial Closing Date
Start of the period relevant to the Investment Period.
Not specified
The Fund Partners

Locations (2)

Location Context
Jurisdiction reference for investment limitations.
Jurisdiction reference for investment limitations.

Relationships (1)

General Partner Oversight Advisory Board
General Partner needs Advisory Board approval to extend the term or exceed investment limitations.

Key Quotes (4)

"The General Partner will commit to the Fund at least 1.5% of the aggregate Commitments of the Partners."
Source
HOUSE_OVERSIGHT_024058.jpg
Quote #1
"Term: 10 years, subject to the General Partner’s right to extend the term for up to three one-year periods"
Source
HOUSE_OVERSIGHT_024058.jpg
Quote #2
"the Fund’s total investment in any single Portfolio Company shall not exceed 10% of the aggregate Subscriptions of all Partners"
Source
HOUSE_OVERSIGHT_024058.jpg
Quote #3
"the Fund’s total investment in Portfolio Companies organized in jurisdictions outside of the United States and Canada shall not exceed 15% of the aggregate Subscriptions of all Partners"
Source
HOUSE_OVERSIGHT_024058.jpg
Quote #4

Discussion 0

Sign in to join the discussion

No comments yet

Be the first to share your thoughts on this epstein document