Fund of Funds
/ˌfʌnd əv ˌfʌndz/
Definitions
- (n.) An investment vehicle that pools capital to invest in multiple other funds rather than directly in securities.
The plaintiff invested in a fund of funds to diversify his portfolio across various private equity funds.
Forms
- fund of funds
- funds of funds
Related terms
See also
Commentary
Fund of funds structures can raise complex regulatory and disclosure issues due to their layered fee arrangements and indirect exposures.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.