an offering of Securities that is exempt from registration with the SEC pursuant to Section 4(2) of the Securities Act of 1933 and/or Regulation D. Qualification under Section 4(2) is based on facts and circumstances, whereas Regulation D offers a safe harbor. Hedge Fund shares are generally offered as private placements, which are typically offered to a limited number of investors, rather than the general public. See Section 4(2) and Regulation D.
Latham & Watkins is pleased to provide our Book of Jargon® — Hedge Funds. The Book of Jargon® — Hedge Funds
is a comprehensive glossary of hedge fund slang, legal and regulatory terminology, and acronyms.
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