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

Question

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Hedge funds are typically private partnerships of a small number of wealthy investors and often have lock-up periods (periods during which investors cannot withdraw their investments). They are also allowed to pursue a wide range of investment activities, including short selling, derivatives, and leverage. Closed-end funds, REITs, and mutual funds are different types of investment vehicles that have different structures and restrictions.

______ Are Private Partnerships of a Small Number of Wealthy