The Ontario Securities Commission (“OSC”) announced the formation of a new OSC LaunchPad Long-Term Asset Fund Project (the “Project”) as part of an update on its proposed framework (the “Proposal”) to facilitate retail...more
The Ontario Securities Commission (“OSC”) published for comment a proposed framework (the “Proposal”) to facilitate retail investment in illiquid Long-Term Assets (as defined below) through a new type of prospectus-qualified...more
1 Regulatory Framework -
1.1 What legislation governs the establishment and operation of Alternative Investment Funds?
In Canada, the term “alternative investment fund” or AIF is not a term of art. Canadian...more