______ are private partnerships of small number of wealthy investors who are organized as private partnerships,often subject to lock-up period,and allowed to pursue a wide range of investment activities.

Question

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Private partnerships with a small number of wealthy investors, subject to lock-up periods, and allowed to pursue a wide range of investment activities are characteristics of hedge funds. Closed-end funds, REITs, and mutual funds have different structures and investment strategies.

______ Are Private Partnerships of Small Number of Wealthy Investors