NISM 19C Alternative Investment Fund Managers Exam Notes
Page 94 Of 154
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Accredited Investors: May have relaxed investment thresholds.
Foreign Investors: Subject to FEMA and SEBI guidelines.
Subscription Agreements: Define investor commitments and fund obligations.
Fund Closure: Stops accepting new capital after reaching target corpus.
Soft Close: Limits new investments to manage fund size.
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