The document outlines the investment strategy of the Capital Structure Fund, focusing on direct investments in public companies through equity securities, convertible securities, and warrants. It discusses the risks associated with illiquid and restricted securities, the contractual obligations of issuers, and the potential for the fund to be deemed a 'statutory underwriter.' The document also covers the reliance on SEC exemptions for selling restricted securities and the holding periods required under Rule 144.
doj/DataSet10/EFTA01384559.pdf
{"document_type":"correspondence","document_subtype":"investment strategy document","key_organizations":["Capital Structure Fund","SEC"],"reference_numbers":["DB-SDNY-0084841","SDNY_GM_00231025","EFTA01384559"]}