Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / fund-structuring-memo.docx
fund-structuring-memo.docx
Parties
Harkness LLP
Harrowgate Capital Partners LLC
Parallel LP
GP LLC
Osprey Capital Markets LLC
Velthorn Family Office LLC
Funds III LP
Edgecombe Insurance Group Ltd
Dates
April 14, 2025
April 21, 2025
Amounts
$2,000,000,000
$1.45
$50,000,000
$75,000,000
$100,000,000
$200,000,000
$175,000,000
$150,000,000
$750,000,000
$250,000,000
Obligations
Accordingly, all investors must be "qualified purchasers" as defined in Section 2(a)(51) of the Investment Company Act
Cayman Regulatory Requirements The Offshore Feeder will be subject to the following regulatory requirements in the Cayman Islands: • CIMA Registration: The Offshore SLP must be registered with CIMA as a regulated mutual fund under the Mutual Funds Act
• AML/KYC Compliance: The Offshore Feeder must comply with the Cayman Islands Anti-Money Laundering Regulations (as revised) and the Proceeds of Crime Act (as revised)
However, the overall fund economics and waterfall mechanics must be coordinated to ensure that the blocker's share of profits is consistent with the intended economic allocation across vehicles