Roy Engel

1 month ago | jdsupra.com | Roy Engel |Yakov Vilenski |Barnea Jaffa Lande

IntroductionInvestment funds have a variety of legal structures customized to investors’ various needs and investment policies. The two main fund structures are closed-end funds and open-end funds, which differ in several material parameters, as explained below. Investment structureA closed-end fund operates for a fixed period, usually for approximately seven years, with optional extensions.