Epstein Secrets

anager's affiliate, Institutional Capital Network, Inc., has committed to an annual marketing spend with Fidelity through which it will promote the iCapital network to Fidelity's platform of registered investment advisers and brokers. The existence of such compensation arrangements could create a potenti

GLDUS127 Annandale Capital Fidelity Relationship The Investment Manager has entered into collaboration and services agreements with Fidelity Brokerage Services LLC and Nation

unds or other products that may also be appropriate for particular clients. As a result, the Solicitation Agent's receipt of such payments from the iCapital creates a potential conflict of interest in the form of an additional financial incentive to the Solicitation Agent, its equity owners and investmen

GLDUS127 Annandale Capital 2 Servicing Fee in respect of each DB Introduced Person will be equal to the product of the amount of such DB Introduced Person's allocable share

GLDUS127 Annandale Capital investment management agreement, if any, the Memorandum, and/or iCapital's Form ADV; (8) the Investor Fiduciary has carefully reviewed and understands the various risks of an investment in the Partnership, as well as t

GLDUS127 Annandale Capital investment management agreement, if any, the Memorandum, and/or iCapital's Form ADV; (8) the Investor Fiduciary has carefully reviewed and unders

vestor Fiduciary have studied the Partnership's governing documents, the Partnership's investment management agreement, if any, the Memorandum, and iCapital's Form ADV, understand the Partnership's investment objectives, policies and strategies and the risks, conflicts of interests (including, without l

GLDUS127 Annandale Capital (1) the terms of the Partnership Agreement, including all exhibits and attachments thereto, comply with the Investor's governing instruments and a

he meaning of ERISA and/or the Code with respect to the Investor's proposed purchase of an Interest; (16) the Investor Fiduciary is independent of iCapital and its Affiliates, in that it has no relationship to, or interest in, any of the foregoing persons that might affect the exercise of its best judg

GLDUS127 Annandale Capital of 1934; and/or (e) an independent fiduciary that holds, or has under management or control, total assets of at least $50 million (provided that th

. 1 EFTA01396934 GLDUS127 Annandale Capital iCapital Advisors, LLC Item I: Material Changes This brochure amendment is made in connection with iCapital's annual updating requirement for 2018 and serves as an update to iCapital's brochure dated March 31, 2017. This brochure contains routine annual

lity to meet contractual and fiduciary commitments to clients and has not been the subject of a bankruptcy proceeding. 28 EFTA01396988 GLDUS127 Annandale Capital FORM ADV PART 2B: Brochure Supplement 60 East 42nd iCapital Advisors, LLC Street, 26th New York, NY 10165 Floor March 30, 2018 This Brochure

nds or other products that may also be appropriate for particular clients. As a result, the Solicitation Agent's receipt of such payments from the iCapital creates a potential conflict of interest in the form of an additional financial incentive to the Solicitation Agent, its equity owners and investm

GLDUS127 Annandale Capital 1 Disclosure Statement Deutsche Bank Securities Inc. (the "Solicitation Agent"), Glendower Access Secondary Opportunities IV GP LLC ("Glendower"

nager's affiliate, Institutional Capital Network, Inc., has committed to an annual marketing spend with Fidelity through which it will promote the iCapital network to Fidelity's platform of registered investment advisers and brokers. The existence of such compensation arrangements could create a poten

RES OPTION CONTRACTS SUBJECT TO CFTC POSITION LIMITS WILL BE REQUIRED TO EFTA01397008 Proprietary and Confidential -viii EFTA01397009 GLDUS127 Annandale Capital AGGREGATE SUCH POSITIONS, FOR CFTC POSITION LIMIT AND LARGE TRADER REPORTING PURPOSES, WITH ANY DIRECT OR INDIRECT POSITIONS OF THE ACCESS FUND IN