Definition of Private Equity Fund

Definition in terms of the B-BBEE Codes of Good Practice of 11th October 2013 (BEE Codes 2013)


Private Equity Fund

Means a third party fund through which investments are made on behalf of the actual owner of the funds pursuant to a mandate given by that person to the private equity fund;


BizAdvance Consulting comments and references:

Relates to the Ownership element of the scorecard, Statement 100, Page 14.

Refer to 3.10 page 22.

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