Staying afloat

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While it may seem simple to say “pick the right investments”, it is not that straightforward. Determining if the fund is a viable concern can be a tricky process, particularly when taking into account the rights of shareholders (who may also be creditors). What most believe is key to any situation, including potential liquidation, is frequent and clear communication with investors.

Henry Bregstein at Katten Muchin Rosenman in New York believes a key concern is redemption terms. “Make sure that re