NISM 19C Alternative Investment Fund Managers Exam Notes

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  • Valuation Oversight: Ensure accurate and fair valuation of assets.
  • Performance Fees: Earned based on hurdle rates and high-water mark.
  • Management Fees: Typically 1-2% of AUM, charged annually.
  • Fund Strategy: Define and execute the fund’s investment approach.
  • Team Expertise: Managers require relevant qualifications and experience.

NISM 19C Alternative Investment Fund Managers

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