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aw or prior approval from the PRC regulatory authorities. For the purposes of this paragraph, the PRC does not include Hong Kong, Macau or Taiwan. COLOMBIA This Memorandum does not constitute an invitation to invest or a public offer in the Republic of Colombia and is not Confidential Private Placemen
iability in the event of an adjustment imposed as a result of a tax audit by the U.S. Internal Revenue Service (the "IRS") (such audit procedures, the "Partnership Audit Rules"). For Confidential Private Placement Memorandum 77 EFTA01398075 Greg Martin ection : Certain Legal, ERISA and Tax Considerations Glendower Ca
aw or prior approval from the PRC regulatory authorities. For the purposes of this paragraph, the PRC does not include Hong Kong, Macau or Taiwan. COLOMBIA This Memorandum does not constitute an invitation to invest or a public offer in the Republic of Colombia and is not Confidential Private Placemen
iability in the event of an adjustment imposed as a result of a tax audit by the U.S. Internal Revenue Service (the "IRS") (such audit procedures, the "Partnership Audit Rules"). For Confidential Private Placement Memorandum 77 EFTA01396033 GLDUS125 Gerald Ford Section 9: Certain Legal, ERISA and Tax Considerations G
aw or prior approval from the PRC regulatory authorities. For the purposes of this paragraph, the PRC does not include Hong Kong, Macau or Taiwan. COLOMBIA This Memorandum does not constitute an invitation to invest or a public offer in the Republic of Colombia and is not Confidential Private Placemen
iability in the event of an adjustment imposed as a result of a tax audit by the U.S. Internal Revenue Service (the "IRS") (such audit procedures, the "Partnership Audit Rules"). For Confidential Private Placement Memorandum 77 EFTA01396597 GLDUS126 Pacific Life Insurance Co Section 9: Certain Legal, ERISA and Tax Con
aw or prior approval from the PRC regulatory authorities. For the purposes of this paragraph, the PRC does not include Hong Kong, Macau or Taiwan. COLOMBIA This Memorandum does not constitute an invitation to invest or a public offer in the Republic of Colombia and is not Confidential Private Placemen
iability in the event of an adjustment imposed as a result of a tax audit by the U.S. Internal Revenue Service (the "IRS") (such audit procedures, the "Partnership Audit Rules"). For Confidential Private Placement Memorandum 77 EFTA01395569 GLDUS143 Henry Nicholas Section 9: Certain Legal, ERISA and Tax Considerations
aw or prior approval from the PRC regulatory authorities. For the purposes of this paragraph, the PRC does not include Hong Kong, Macau or Taiwan. COLOMBIA This Memorandum does not constitute an invitation to invest or a public offer in the Republic of Colombia and is not Confidential Private Placemen
iability in the event of an adjustment imposed as a result of a tax audit by the U.S. Internal Revenue Service (the "IRS") (such audit procedures, the "Partnership Audit Rules"). For Confidential Private Placement Memorandum 77 EFTA01397270 GLDUS127 Annandale Capital Section 9: Certain Legal, ERISA and Tax Considerati
Entities connected to both Columbia University and the "Partnership Audit Rules

Prince Charles
PERSON
United Kingdom
LOCATIONthe Republic of Colombia
LOCATION
Denmark
LOCATION
the Cayman Islands
LOCATIONDarussalam
LOCATION
Finland
LOCATION
Puerto Rico
LOCATION
Ontario
LOCATION
Macau
LOCATION
CHILE
LOCATIONthe Securities and Exchange Commission
ORGANIZATION
European Union
ORGANIZATIONAIFMD
ORGANIZATIONGlendower
LOCATIONCarlo Pirzio-Biroli
PERSONAdam Graev
PERSON
New York State
LOCATION
Wales
LOCATIONGlendower Capital
ORGANIZATION