Hedvig An aggregator is a real estate investing term used to describe a company or individual that collects and manages a portfolio of properties on behalf of other investors. Aggregators typically work with a large number of investors and aim to provide a hands-off investing experience. The term “aggregator” is used to describe a company or … Read more
A red clause letter of credit is a type of letter of credit that allows for the financing of imports on a short-term basis. The letter of credit is issued by a bank on behalf of the importer and is used to pay the exporter for the goods being shipped. The letter of credit is … Read more
The return of capital refers to the portion of a fund’s distribution that is not considered a taxable event. This is because the distribution is not considered income, but rather a return of the investor’s original investment. The return of capital is an important concept for hedge fund investors to understand, as it can impact … Read more
