NISM 19C Alternative Investment Fund Managers Exam Notes
Page 105 Of 154
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Partial Exits: Sell portion of stake to retain upside potential.
Drag-Along Rights: Force minority investors to join majority in exits.
Tag-Along Rights: Allow minority investors to join majority exits.
Lock-in Periods: May restrict exits for listed securities post-IPO.
Exit Challenges: Include illiquidity and buyer availability for unlisted assets.
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