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Is the Private Investment Company (Hedge Fund) required to deliver a Private Offering Memorandum to a potential investor before accepting an investment?

April 26, 2017COMPANY deliver fund hedge Investment Memorandum offering potential private

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Is the Private Investment Company (Hedge Fund) required to deliver a Private Offering Memorandum to a potential investor before accepting an investment?

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No. However, the whole point of the Private Offering Memorandum is to limit the potential risk of the hedge fund by providing full disclosure to the investor.