Closed-ended Period

French translation: durée de validité du compartiment

15:30 Feb 15, 2020
English to French translations [PRO]
Bus/Financial - Finance (general)
English term or phrase: Closed-ended Period
The closed ended period of Sub-fund shall be twelve (12) years from the Final Closing date (the "Closed-ended Period"). The General Partner may elect to extend the Closed-ended Period by two 1-year periods by giving Shareholders prior notice of any proposai to extend the period (the "Extension Period"). The General Partner may also elect to shorten the Closed-ended Period.

Il s'agit d'un compartiment de type fermé. Merci
Sylvie André
France
Local time: 23:21
French translation:durée de validité du compartiment
Explanation:
This means that new investors cannot enter, nor can the existing investors exit till the term of the scheme ends.

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Note added at 2 days 14 hrs (2020-02-18 06:12:52 GMT)
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Il y a une date limite après laquelle les transactions ne sont plus autorisées (voir notamment https://economictimes.indiatimes.com/definition/closed-ended...
Selected response from:

Marguerite Storm
United States
Local time: 17:21
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4durée de validité du compartiment
Marguerite Storm
4durée de validité du compartiment
Marguerite Storm


Discussion entries: 2





  

Answers


23 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
closed-ended period
durée de validité du compartiment


Explanation:
This means that new investors cannot enter, nor can the existing investors exit till the term of the scheme ends.

Marguerite Storm
United States
Local time: 17:21
Specializes in field
Native speaker of: Native in FrenchFrench
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
neutral  Germaine: Cela traduirait "lifetime of the Sub-fund". Le compartiment n'émet pas d'actions, mais celles en circulation se négocient; donc, il est possible de "sortir" en tout temps. Est-ce que le fonds ouvre son capital après 12 ans? ou est dissout?
1 day 12 hrs
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23 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
closed-ended period
durée de validité du compartiment


Explanation:
This means that new investors cannot enter, nor can the existing investors exit till the term of the scheme ends.

--------------------------------------------------
Note added at 2 days 14 hrs (2020-02-18 06:12:52 GMT)
--------------------------------------------------

Il y a une date limite après laquelle les transactions ne sont plus autorisées (voir notamment https://economictimes.indiatimes.com/definition/closed-ended...

Marguerite Storm
United States
Local time: 17:21
Specializes in field
Native speaker of: Native in FrenchFrench
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
neutral  Germaine: J'en doute énormément (on aurait alors lifetime of the sub-fund) et surtout de cette explication. Il faudrait en savoir un peu plus, genre qu'est-ce qui arrive à cette date? liquidation? conversion into an open-end fund?
1 day 12 hrs
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