Due Diligence FAQs
Should side letter agreements be disclosed?
Yes. If the manager has entered into or plans to enter into any side letter agreements, the details and any preferential fees, terms and conditions of such arrangements should be disclosed to potential investors. This is also a requirement under the EU’s Alternative Investment Fund Managers Directive.This is so that any investor is given comfort that there are no conflicts that may lead the manager to behave in a certain way for some investors and not others.
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