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  • Private Equity Fund

    • CIR 3.1.6

      A Fund is a Private Equity Fund if it:

      (a) invests in unlisted companies, by means of Shares, convertible debt or other instruments carrying equity participation rights or reward; or
      (b) participates in management buy-outs or buy-ins,

      and does not meet the criteria in CIR Rule 3.1.13 to be a Venture Capital Fund.

      Derived from RM72/2010 (Made 11th July 2010). [VER13/07-10]
      [Amended] DFSA RMI279/2020 (Made 28th October 2020). [VER29/11-20]