Page 24 - UUBO Deal Academy 2020 - Materials
P. 24
Setting-up a PE Fund
Other Considerations
Role of NASD
Offshore Registered
PE Funds
▪ May make investments in ▪ National Association of
Nigeria Securities Dealers (NASD)
▪ Offshore registered funds can OTC trading platform for
only solicit investments from securities of unlisted public
investors in Nigeria with SEC companies
approval.
▪ NASD is registered with
SEC
▪ Sale of any unlisted public
company must be traded
on the NASD OTC market
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