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other deposit obligations of, commercial banks chartered by the United States, any state thereof, the District of Columbia, or any member nation of the European Union, each having, at the date of acquisition by the Partnership, combined capital and surplus of at least $500,000,000 or the equivalent thereof, in ea
GLIDUS128 Patrick Gerschel Proprietary and Confidential than by Standard & Poor's Ratings Services or "P-I" by Moody's Investors Service, Inc., or a comparable rating by a
et is expected to develop in the future. Neither the General Partner nor the Investment Manager is authorized or expected to become authorized under the European Union's Directive 2011/61/EU on Alternative Investment Fund Managers (the "AIFM Directive') as of the date of this Memorandum, and the substantive requirem
GLDUS128 Patrick Gerschel This confidential private placement memorandum (as amended or supplemented from time to time. this "Memorandum') is furnished on a confidential bas
tive Investment Fund Managers Directive. Neither the General Partner nor the Investment Manager is authorized or expected to become authorized under the European Union's Directive 2011/6I/EU on Alternative Investment Fund Managers (the "AIFM Directive") as of the date of this Memorandum, and the substantive requirem
GLDUS128 Patrick Gerschel Furthermom, in response to increased regulatory concerns with respect to the sources of funds used in investments and other activities, the Glendow
Entities connected to both European Union and Patrick Gerschel

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