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The Capital Markets (Alternative Investment Funds) Regulations

11. Investment strategy

Edition: 2023-12-15 · In force

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11. Investment strategy

The fund manager shall ensure that—
(a)for each fund it manages, the fund states its investment strategy, investment purpose and investment methodology in its placement memorandum to the investors;
(b)any material alteration to the alternative investment funds’ strategy shall be made with the consent of at least two-thirds of the holders of participatory interests by value of their investment in the alternative investment fund.
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Source: Kenya Law