Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / restructuring-options-memo.docx
restructuring-options-memo.docx
Parties
Harkness LLP
Ardent Capital Partners III LP
Ardent Capital GP III LLC
Ardent Capital Management LLC
Ardent Capital Holdings LLC
Delaware LLC
Ardent GP Intermediate LLC
HoldCo LLC
Dates
October 23, 2023
October 9, 2023
March 31, 2024
April 15, 2024
April 15, 2019
June 30, 2019
December 31, 2029
June 30, 2025
September 30, 2023
July 1, 2025
Amounts
$2.8
$1.96
$1.88
$2.33
$445
$42
$49
$31.85
$17.15
$87.6
Obligations
Any structural changes must be communicated to LPs in a manner that reinforces the stability and forward-looking nature of the Ardent platform
Constraints The restructuring must be accomplished within the following constraints: 1
Any structural alternative must be evaluated for compliance with these provisions and any others that may be implicated by the contemplated changes
The ManCo's registration with the SEC under CRD Number 298417 must be preserved without interruption
The Fund's remaining tail-fee obligations to Lockwood Placement Partners LLC (Sarah Fontaine) must not be disrupted or rendered ambiguous by any structural changes
Accordingly, LPAC consent must be obtained prior to the execution of the restructuring