A closed-end alternative investment fund is a fund that collects funds from various sources for a specific purpose. The funds collected are then used for investments in tangible assets, such as property, private equity, aircraft, and ships. Unlike traditional investment funds, which invest in securities like shares and bonds, closed-end alternative investment funds generate returns through the management of the assets over the entire investment period, rather than relying on rising prices or fixed interest rates. These funds have a limited amount of money that is raised and invested for a specific project. In contrast, open-ended investment funds continuously collect funds for new projects without any limitations.
Closed AIF
Updated