different classes or categories of stock in a Company. Also used to refer to different classes of a Securities offering. A Limited Partnership or a Limited Liability Company can also have different Series of Securities. Under Delaware law, if certain formalities are observed, a Limited Partnership or a Limited Liability Company may have different Series that have separate assets and separate liabilities as if they were separate entities.
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.
For more information please visit: www.lw.com