Strictly Business
A legal blog on private funds, startups, and venture capital.
Strictly Business
A legal blog on private funds, startups, and venture capital.
Tag 3(c)(7)
3(c)(1) Funds vs. 3(c)(7) Funds
3(c)(1) and 3(c)(7) refer to two different exemptions from the requirements imposed on “investment companies” under the Investment Company Act of 1940. In this post, we explain what you need to know.