<h1>Fund of Funds contribution rules require AIFs to co invest and permit limited reimbursement of AIF operating expenses.</h1> The Cabinet approved operational refinements to the Fund of Funds for Start-ups (FFS) requiring AIFs to invest at least twice the FFS contribution in qualifying start-ups; allowed remaining committed funding to be released even if a start-up ceases to qualify before full disbursement; and authorised reimbursement from FFS of post commitment operating expenses for due diligence and related activities, capped at 0.50% of commitments and debited semiannually.