Epstein Secrets

might seek to engage could constitute Prohibited Transactions under ERISA and the Code. Under a regulation (the "Plan Assets Regulation") issued by the U.S. Department of Labor ("DOL"), the assets and properties of certain entities in which a Plan makes an equity investment (other than an investment in a publicly offered s

approval of the Advisory Committee, (i) no more than 5% of "Combined Capital Commitments" (i.e., aggregate capital commitments made to the Fund and the Parallel Funds) may be invested in a "blind pool" investment fund that is managed and controlled by an unaffiliated third party and that pays its manager performa

al Contributions in the related Call Notice. Such account shall yield a market rate of interest and shall comply with any requirements set forth by the U.S. Department of Labor with respect thereto, whether in regulations or advisory opinions, including advisory opinion 95-04A. (g) The General Partner shall deliver to the

ere a single partnership, and the General Partner shall make the appropriate transfers of cash and investment percentages among the Partnership and the Parallel Funds to accomplish such application and construction. (vii) the General Partner shall not admit any person to the Partnership as an Additional Limited

nvestment is acquired and is held in accordance with an applicable statutory, class or individual prohibited transaction exemption. In this regard, the U.S. Department of Labor (the "DOL") has issued prohibited transaction class exemptions, or "PTCEs," that may apply to the acquisition and holding of investments in the Par

se (i) above and (ii) 80% of such Limited Partner's share of Additional Fees; provided, that such fees will be allocated among the Partnership (and the Parallel Funds), the Real Estate Funds, vehicles participating with respect to the Blackstone Co-Investment Percentage, Supplemental Capital Vehicles and, to the