Hedge funds often have ______ provisions as long as ______, which preclude redemption.

Question

Quizplus · Accepted Answer

Hedge funds often have lock-up provisions as long as several years, which preclude redemption. This means that investors cannot withdraw their money from the fund for a period of time, typically several years, after making their investment. This allows hedge fund managers to invest the money for the long term without the fear of having to sell positions to meet investor redemptions.

Hedge Funds Often Have ______ Provisions as Long as ______

Hedge Funds Often Have Provisions as Long as