A blind pool is a limited partnership scheme that does not specify or enumerate an investment goal for the funds raised from investors. However, it may have broad goals such as income or growth or a certain focus on a particular asset or industry. It is also referred to as blank check offering or blank check underwriting.
Blind pool
A blind pool is a limited partnership scheme that does not specify or enumerate an investment goal for the funds raised from investors. However, it may have broad goals such as income or growth or a certain focus on a particular asset or industry. It is also referred to as blank check offering or blank check underwriting.
