NISM 19E Alternative Investment Fund Managers Certification Exam Notes

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  • Risk Disclosure: Governance ensures all material risks are detailed in PPM.
  • Fund Monitoring: Ongoing oversight of investments and compliance.
  • Custodian Role: Ensures safekeeping of assets, mandatory for Category III AIFs.
  • Investment Strategy: Governance aligns strategies with fund objectives.
  • Exit Strategies: Governance oversees exits like IPOs, sales, or mergers.

NISM 19E Alternative Investment Fund Managers

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