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Hedge_Fund_Operational_Due_Diligence_Corgentum_Insights_Soft_LockUp
1 pages
Publié par
scharfman
© 2011 Corgentum Consulting, LLC
Fund Terms: Soft Lock-Up
Operational due diligence is a multidisciplinary subject.
An investor beginning the operational due
diligence process for the first time may encounter subjects with which they...
[Plus]
© 2011 Corgentum Consulting, LLC
Fund Terms: Soft Lock-Up
Operational due diligence is a multidisciplinary subject.
An investor beginning the operational due
diligence process for the first time may encounter subjects with which they have little to no
familiarity.
As the scope of operational due diligence has become broadened in recent years, even
seasoned operational due diligence professionals may encounter terms which they may be
unfamiliar.
The purpose of this section of Operational Due Diligence Insights, is to cast a spotlight on
some of the words and terms, investors may have not previously encountered, or that tend to get
overlooked during an operational due diligence review.
This issue s word: Soft lockup
Defined: A soft lockup refers to the ability of the fund to charge a penalty for investors redeeming
capital prior to the expiration of a pre-defined time period.
Soft lockup penalties are not universal
and may vary among fund managers.
Additionally, some fund managers
[Moins]
Tags
capital,
consulting,
corgentum,
diligence,
firm,
fund,
funds,
investor,
investors,
lockup,
lockups,
operational,
penalties,
period,
soft,
terms,
time
