Another labour-sponsored venture capital fund is about to bite the dust with the announcement of a special meeting for shareholders of the Business, Engineering, Science & Technology Discoveries Fund Inc (BEST). At the June 24 meeting, shareholders will be presented with a number of liquidity options for fund shares. Redemption and subscriptions of fund shares were suspended due to the fund's precarious liquidity situation, market conditions and anticipated massive redemption of shares....
Organizations: | Business, Engineering, Science & Technology Discoveries Fund Inc |