Question
TCI has a three-year lockup, which is long for a hedge fund. In a mutual fund, you can withdraw your money the very next
TCI has a three-year lockup, which is long for a hedge fund. In a mutual fund, you can withdraw your money the very next day. In a typical hedge fund, the lockup is one year. Q Why does a long lockup make sense with activist investing?
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Fundamentals of Corporate Finance
Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan
12th edition
007353062X, 73530628, 1260153592, 1260153590, 978-1260153590
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