Examples of Regulated Funds in a sentence
For GLG Regulated Funds with daily liquidity, execution may occur only on the third business day following approval and approval will expire at the end of that day.
All Regulated Funds and Affiliated Funds that hold Pre-Boarding Investments in the issuer immediately before the time of completion of the Co-Investment Transaction hold the same security or securities of the issuer.
To the extent that a Follow-On Investment opportunity relates to an opportunity to invest in a security that is not in respect of any security held by any of the participating Regulated Funds or Affiliated Funds, proportionality will be measured by each participating Regulated Fund’s and Affiliated Fund’s outstanding investment in the issuer immediately preceding the Follow-On Investment using the most recent available valuation thereof.(ii).
If the Regulated Funds and Affiliated Funds holding investments in the issuer have previously participated in a Co-Investment Transaction with respect to the issuer, then the terms and approval of the Disposition would be subject to the Standard Review Dispositions described in Condition 6.
As a result, the following provisions shall apply to investment in GLG Regulated Funds.All requests to subscribe for, or redeem, shares in GLG Regulated Funds must be submitted to Compliance in accordance with the standard process described above.