The question has been answered, but to give you a sense on the liquidity restrictions I thought I'd give an example. This is pretty typical - Every year, at the

The question has been answered, but to give you a sense on the liquidity restrictions I thought I'd give an example. This is pretty typical - Every year, at the start of the fiscal year, the investor can take out 25% of their capital. If they do so, then the next year they can withdraw 33% of their capital. If they take that redemption opportunity, they can withdraw 50% of their capital at the start of the next fiscal year. Finally, if they take that 50%, they are able to take the remainder of their capital a year later.