HOUSE_OVERSIGHT_024096.jpg
2.44 MB
Extraction Summary
2
People
3
Organizations
0
Locations
0
Events
1
Relationships
3
Quotes
Document Information
Type:
Legal document/private placement memorandum (ppm)
File Size:
2.44 MB
Summary
This is page 85 of a confidential Private Placement Memorandum (PPM) obtained by the House Oversight Committee (Bates stamp HOUSE_OVERSIGHT_024096). It details legal and regulatory considerations for an unnamed 'Fund,' specifically focusing on exemptions from the Securities Act of 1933 and the Investment Company Act of 1940. Crucially, it discloses that the General Partner is not registered as a broker-dealer with the NASD or under the Exchange Act.
People (2)
| Name | Role | Context |
|---|---|---|
| General Partner | Fund Manager/Issuer |
Entity responsible for the fund, answering investor questions, and managing the offering. Not registered as a broker-...
|
| Limited Partner | Investor |
Investors purchasing interests in the fund; must be 'accredited investors' or 'qualified purchasers'.
|
Organizations (3)
| Name | Type | Context |
|---|---|---|
| The Fund |
The entity offering Limited Partner Interests, utilizing exemptions from registration.
|
|
| NASD |
National Association of Securities Dealers; the General Partner is not registered with them.
|
|
| House Oversight Committee |
Implied by the Bates stamp 'HOUSE_OVERSIGHT_024096'.
|
Relationships (1)
General Partner acts on behalf of 'The Fund' regarding information provision and regulatory status.
Key Quotes (3)
"The General Partner is not registered as a broker-dealer under the Exchange Act, or with the NASD, and is consequently not subject to certain record keeping and specific business practice provisions of the Exchange Act and the rules of the NASD."Source
HOUSE_OVERSIGHT_024096.jpg
Quote #1
"This Memorandum is not a public offering “prospectus” and does not purport to describe or otherwise address all material considerations relating to an investment in the Fund."Source
HOUSE_OVERSIGHT_024096.jpg
Quote #2
"It is not contemplated that registration under the Securities Act or other securities laws will ever be effected."Source
HOUSE_OVERSIGHT_024096.jpg
Quote #3
Discussion 0
No comments yet
Be the first to share your thoughts on this epstein document