Relationship Details

This document page (48) outlines specific investment restrictions for a 'Fund,' including prohibitions on uncovered options and limitations on investing in other pooled vehicles without fee adjustments. It also defines the structure and duties of an 'Advisory Board,' which is composed of Limited Partner associates selected by the General Partner to handle conflicts of interest and valuation reviews. The document bears a House Oversight Committee stamp.

This is page 54 of a confidential legal document (likely a partnership agreement) produced for the House Oversight Committee. It outlines restrictions on the General Partner creating a 'Successor Fund' without Advisory Board consent until 70% of the current fund is committed. It also details 'Exculpation and Indemnification' clauses, protecting the General Partner, GPLLC, Principals, and Advisory Board members from liability for losses, provided they acted in good faith and did not commit gross negligence or felonies.