NISM 19D Alternative Investment Fund Managers Certification Exam Notes

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  • Investor Confidentiality: Maintained through private trust structures.
  • Fund Tenure: Close-ended AIFs have fixed terms, typically 5-7 years.
  • Capital Commitment: Legally binding investor pledges for funding.
  • Drawdowns: Capital called as needed for investment opportunities.
  • Investment Strategy: Defined in PPM and aligned with fund objectives.

NISM 19D Alternative Investment Fund Managers

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