provides an exemption from the registration requirements of Section 5 of the Securities Act for certain offshore transactions (i.e., transactions where sales are made outside the US to non-US persons). Many Rule 144A Financings also have a Regulation S component to allow for offshore sales. Rule 144A/Regulation S offerings do not have to be registered with the SEC because the purchasers are either QIBs buying pursuant to Rule 144A or outside the US and buying pursuant to Regulation S.
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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