NISM Series XIX-E (Cat III AIF) Practice Questions - NISM-Series-XIX-E Category III Alternative Investment Fund Managers Certification Examination Exam

PE investments are typically close-ended and invest in unlisted companies, whereas Category III AIFs often invest in listed securities and derivatives. PE investments engage in active high-frequency trading using leverage, while Category III AIFs only take long-only physical positions. PE investments have a typical fund life of 1 to 2 years, whereas Category III AIFs require a minimum lock-in of 15 years. PE investments are classified under Category III AIFs under SEBI regulations, while hedge funds are Category II.