Permissible Venture Capital investments require disclosed instruments, while pre-first-close contributor monies must preserve capital and maintain liquidity. Venture Capital scheme investments are confined to specified securities, debt, money-market instruments, securitised debt, limited liability partnerships ... Summary
Permissible Venture Capital investments require disclosed instruments, while pre-first-close contributor monies must preserve capital and maintain liquidity.
Venture Capital scheme investments are confined to specified securities, debt, money-market instruments, securitised debt, limited liability partnerships and other specified financial products or assets. Investments in units of other Venture Capital schemes, retail schemes, restricted schemes or alternative investment funds require placement memorandum disclosure. Pending deployment, monies may be placed in specified liquid investments. Contributor monies received before the first close must be invested only in permissible instruments that preserve capital and provide adequate liquidity, consistently with disclosed investment objectives and placement memorandum terms.
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