"There is an overall rule in US business which states that monthly redemptions of funds by Investors in Hedge funds occur after the 15th of each month.
Investors need to apply to hedge funds before the 15 of each month...... ..... "
and 3 months notice of withdrawal is required, ie they apply in the US today to get their money 16th November.
fwiw
dub
headge funds: this week is important, page-7
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