This article is the seventh part of a series analyzing the Securities and Exchange Commission's new definition of a venture capital fund. This part of the series focuses on the requirement that a venture capital fund limit its leverage. It explains the two components of this leverage limit--a limit on the amount of debt a venture capital fund can take on, and a restriction on the type of debt allowed.
- Summary by FizzLaw Team
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Deciphering the SEC’s New Definition of a “Venture Capital Fund”: Part 7 – Restrictions on Leverage