7 ms·
Sometimes there are cash distributions before the fund closes. I've seen these after big exits, but they usually come later in the fund.
by cdibona 11y ago
Sometimes there are cash distributions before the fund closes. I've seen these after big exits, but they usually come later in the fund.
- foobarqux 11y agoMaybe I wasn't clear: Cash is returned on liquidity events, potentially at maturity (but maybe the fund rolls over positions or delivers stock) and maybe some other rare cases.