CIR 3.1.6

Past version: effective from 11/07/2010 - 31/10/2020
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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.
Derived from RM72/2010 (Made 11th July 2010). [VER13/07-10]