Question

How can an AIF raise funds?

a.

Through an initial public offering (IPO)

b.

Through private placement by issuing a prospectus

c.

Through private placement by issuing an information memorandum or placement memorandum

d.

Through a rights issue

Answer: (c).Through private placement by issuing an information memorandum or placement memorandum Explanation:An AIF can raise funds through private placement by issuing an information memorandum or placement memorandum.

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Q. How can an AIF raise funds?

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