Angel Fund category defined to raise capital from accredited investors for investment under specified regulatory provisions. Regulation 19A defines an angel fund as a Category I Alternative Investment Fund sub-category that raises funds from accredited investors and invests ... Summary
Angel Fund category defined to raise capital from accredited investors for investment under specified regulatory provisions.
Regulation 19A defines an angel fund as a Category I Alternative Investment Fund sub-category that raises funds from accredited investors and invests under this Chapter; it defines an angel investor as an accredited investor or key management personnel of an angel fund or its manager who invests in the fund; and it adopts the related party definition by reference to the Listing Obligations and Disclosure Requirements regulations.
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