Starting a Private Fund in Nigeria

Private funds, also called private investment funds, are a type of pooled investment vehicle (PIV) run by professional fund managers. Examples of private funds include hedge funds, private equity funds, real estate funds, and venture capital funds. Each type of private fund has a distinct investment strategy and risk profile. In this article we will give you a brief overview of the regulatory framework for starting a private fund as laid down by the Securities and Exchange Commission (SEC) in Nigeria.