请问老师AMC的B3 条款中提到的 This provision is not intended to prevent Managers from engaging in secondary investment opportunities. 请问这里指的secondary investment opportunities是什么?作者: hw0799 时间: 2013-8-18 16:05
原文:This provision is not intended to prevent Managers from engaging in secondary investment opportunities — often referred to in some jurisdictions as “side letter,” “sidecar,” or “tag-a-long” arrangements with certain clients as long as such opportunities are fairly allocated among similarly situated clients for whom the opportunity is suitable.
我们要求投资经理公平对待顾客。但是,投资经理可以使用 secondary investment opportunities,即投资经理可能帮助客户投资于房地产,但是投资经理在房地产方面的投资能力不够,他与另外一个这方面的投资专家达成协议,凡是房地产的投资都由此专家来投资,投资经理与所有的客户也说清楚了,将采用这种投资方式(sidecar,即由另外的专家来投资,而不是投资经理本人来投资)。但是,我们要求,凡是签署这样协议的客户之间要公平对待。作者: busterbluth 时间: 2013-8-18 16:08
What Does Sidecar Investment Mean?
An investment strategy in which one investor allows a second investor to control where and how to invest the capital. The sidecar investment will usually be used when one of the parties lacks the ability or confidence to invest for themselves. The strategy will place trust in someone else's ability to gain profits.
Sidecar Investment explanation
The word "sidecar" refers to a motorcycle sidecar; the person riding in the sidecar must place his or her trust in the driver's skills. This differs from coattail investing, where one investor mimics the moves of another.
For example, suppose there are two individuals - Fred, who is experienced in trading stock, and Barney, who has a background in real estate. They decide to work together in a sidecar investing strategy. In this case, Fred would give Barney money to invest in real estate on his behalf and Barney would give Fred money to invest in stocks. This setup allows both Fred and Barney to diversify their portfolios and benefit from one another's expertise.