Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / successor-governance-framework-memo.docx
successor-governance-framework-memo.docx
Parties
HARKNESS LLP
Driftwood Capital Management LLC
Driftwood Absolute Return Fund Ltd
A&R LP
Archipelago Corporate Services Ltd
Whitfield LLP
Halcyon Securities International Ltd
Person Event The A&R LP
Dates
June 28, 2024
March 15, 2017
June 10, 2024
June 3, 2024
September 8, 2024
June 14, 2024
May 31, 2024
June 17, 2024
December 31, 2023
July 29, 2024
Amounts
$28.7
$2.87
$14.35
$1,865.50
$2,798.25
$150.53
$142.67
$15.3
$2,870,000,000
$57,400,000
Obligations
The GP is required to notify all limited partners of the Key Person Event within five (5) business days of its occurrence
The GP must notify all limited partners within five (5) business days of the occurrence of the Key Person Event, consistent with the current provision
• The independent member must be independent of DCM and its affiliates, including Mr
at least three of five IAC members must approve the selection)
• Compensation for the independent member (if any) shall be borne by the Fund as an organizational expense and shall be disclosed to the limited partners in the Fund's annual financial statements
Whitmore's 90% ownership interest in DCM and his removal from the Key Person role creates a potential governance inconsistency that must be addressed