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What is an “investment fund” for purposes of the TALF eligible borrower definition?

April 26, 2017borrower definition eligible purposes talf

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What is an “investment fund” for purposes of the TALF eligible borrower definition?

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An investment fund includes (1) any type of pooled investment vehicle that is organized as a business entity or institution, including a hedge fund, a private equity fund, and a mutual fund, and (2) any type of single-investor vehicle that is organized as a business entity or institution.