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In addition to fee disclosures, the rules adopted by the SEC would prohibit firms from allowing some favored investors to cash out more easily than others.
Signals from central bankers that interest rates are likely to fall this year have boosted confidence that a surge of deals could resume, but political uncertainty across the world may hold back some of them.
The Washington-based fund plans to use a technology platform linking would-be homebuyers to institutions that will essentially co-invest in a concept dubbed “equity sharing.”