Just to clarify, on page 65 of the Explanatory Memorandum we are told:
"Unlike previous funds in the CD Private Equity Fund Series, Cordish Private Ventures will not be a limited partner in the Evergreen LP and there is a risk that the investment decisions made and outcomes of the Fund are different to the previous funds in the CD Private Equity Fund Series. As an example, this may include underlying US PE funds not facilitating the Merged Fund’s investment as CEP or Cordish Private Ventures are not a limited partner in the Evergreen LP."
Apologies for any confusion caused by my using "Cordish" when I was meaning to refer to the Cordish family parties as opposed to Cordish Dixon.
Ann: Merger Proposal - CD Private Equity Fund Series, page-17
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