When people talk about making investments in private funds, the last thing that comes to mind are physical pieces of paper. And yet documents play as important a role in alternative investments as they do in publishing or any other industry.
The subscription document is the “last mile” of the alternative investment process. It doesn’t matter if it is a Hedge fund, a Private Equity fund, or a Real Estate fund. The only way for an investment to become real is via the execution of a subscription document.