Future Regulated Fund means a closed-end management investment company (a) that is registered under the Act or has elected to be regulated as a BDC, (b) whose investment adviser (and sub-adviser(s), if any) are an Adviser, and (c) that intends to participate in the Co-Investment Program.
Future Regulated Fund means a closed-end management investment company (a) that is registered under the Act or has elected to be regulated as a BDC and (b) whose investment adviser is an Adviser.
Future Regulated Fund means a closed-end management investment company (a) that is registered under the Act; (b) whose investment adviser is an Adviser; and (c) that intends to participate in the Co-Investment Program.
Examples of Future Regulated Fund in a sentence
FCRD or a Future Regulated Fund may, from time to time, form one or more Wholly-Owned Investment Subs.
NBBDC, an Existing Regulated Fund or a Future Regulated Fund may, from time to time, form one or more Wholly-Owned Investment Subs.
In certain instances NMFC will also acquire warrants or other equity securities of portfolio companies.The board of directors of NMFC (the “ NMFC Board, ” and any board of directors of a Future Regulated Fund, the “ Boards ” and each a “ Board ”, as applicable) is comprised of seven directors, four of whom are not “interested persons,” within the meaning of Section 2(a)(19) of the 1940 Act (the “ Non-Interested Directors ”), of NMFC.
KA Credit, which is registered as an investment adviser under the Advisers Act, was established to serve as investment adviser to KA BDC and any Future Regulated Fund that will elect to be regulated as a BDC under the 1940 Act.
The Adviser manages the assets entrusted to it by its clients in accordance with its fiduciary duty to those clients and, in the case of the Company and any Future Regulated Fund, the Act.
More Definitions of Future Regulated Fund
Future Regulated Fund means a closed-end management investment company formed in the future (a) that is registered under the Act or has elected to be regulated as a BDC, (b) whose investment adviser is an Adviser and (c) that intends to participate in the Co-Investment Program.
Future Regulated Fund means a closed-end management investment company (a) that is registered under the Act or has elected to be regulated as a BDC, (b) whose investment adviser, sub-adviser, or co-manager is an Adviser, and (c) that intends to participate in the program of co-investment described in the Application.
Future Regulated Fund means a closed-end management investment company (a) that is registered under the Act or has elected to be regulated as a BDC and (b) whose investment adviser or sub-adviser is an Adviser (including the Future RIC (defined below)).
Future Regulated Fund means a closed-end management investment company (a) that is registered under the Act or has elected to be regulated as a BDC,
Future Regulated Fund means a closed-end management investment company (a) that is registered under the Act or has elected to be regulated as a BDC, (b) whose investment adviser (and sub-advisers, if any) are CSW Advisers, and (c) that intends to participate in the Co-Investment Program.
Future Regulated Fund means any closed-end management investment company or open-end management investment company or series of an open-end management investment company (a) that is registered under the Act or has elected to be regulated as a BDC, (b) whose investment adviser (or sub-adviser(s), if any) is an Adviser and (c) that intends to participate in the Co-Investment Program.
Future Regulated Fund means a closed-end management investment company (a) that is registered under the Act or has elected to be regulated as a BDC, (b) advised by an Adviser, and (c) that intends to participate in the Co-Investment Program. If an Adviser serves as sub-adviser to a Regulated Fund whose primary investment adviser is not also an Adviser, such primary investment adviser shall be deemed to be an Adviser with respect to Conditions 2(c) (iv), 13, and 14 only. 8 There may be Future Affiliated Funds that do not come within the definition of investment company in section 3(a)(1) of the Act (a “3(a)(1) Parent”) because they engage in the insurance and/or reinsurance business directly, or through wholly-owned subsidiary insurance and/or reinsurance companies (such subsidiaries, “Insurance Subs,” and together with the 3(a)(1) Parent, the “Insurance Fund”). The Insurance Subs may be organized in countries other than the United States or in the United States. An Insurance Fund may also invest a portion of its assets through a controlled subsidiary (an “Insurance Affiliate”) of such Insurance Fund. As with the other Affiliated Funds, any Insurance Fund and any Insurance Affiliate will be advised by an Adviser pursuant to a separate investment management agreement. Any offshore Insurance Subs will be excluded from investment company status by Rule 3a-6 and the United States Insurance Subs by Section 3(c)(3). Any Insurance Affiliate will be excluded from investment company status by Section 3(b)(l), 3(c)(5) or 3(c)(6). Applicants do not believe that allowing Insurance Funds and their respective Insurance Affiliates to participate in Co-investment Transactions as Affiliated Funds raises any additional legal or policy concerns not otherwise raised by allowing a Regulated Fund to co-invest with one or more Affiliated Funds because any Insurance Funds and Insurance Affiliates will be clients of Advisers the same way that an Affiliated Fund relying on Section 3(c)(1) or 3(c)(7) is a client of an Adviser. (An Insurance Fund and Insurance Affiliate may also utilize wholly-owned subsidiaries that are themselves excluded from investment company status to hold investments, and any Insurance Fund and Insurance Affiliate similarly request that these wholly-owned subsidiaries be permitted to participate in Co-investment Transactions on their respective behalves.) Only the portion of any Insurance Fund’s assets for which an Adviser has investment discretion will participate in Co-investment ...