Flows: For Registered Funds (equity)

Working with Registered Funds

The following flows apply to registered funds:

• initial fund/offering setup (see Flows: For All Investment Vehicles)

• transfers (see Flows: For All Investment Vehicles)

• tender offer redemptions

Initial Investments

The initial investments for a registered fund have the following flow, with securities issued when the Asset Manager or Transfer Agent runs a close for a batch of accepted shares. This flow assumes that:

• The investing org has been assigned to the fund.

• The investing org has accepted that assignment.

The Integration API refers to the initial step in subscribing as "creating an asset."

	Task	How
1	Inv - Create Asset (Lot)	../primary/asset
2	AM/TA - Reject Asset (Investment) AM - Mark Assets Batch as Accepted	../primary/{assetId}/reject ../primary/batch-mark-accepted
3	Inv - Mark Assets Batch as Wired	../primary/batch-mark-wired
4	AM/TA - Mark Assets Batch as Settled	../primary/batch-mark-settled
5	AM/TA - Run Close	../primary/run-close

Tender Offer Redemption

For managed funds, either the general partner or the transfer agent can initiate the event. Both must approve.

For self-managed funds, the general partner's approval is required.

	Task	How
1	AM - Initiate Tender Offer Redemption	../tender-offers
2	TA - Approve / Reject Tender Offer Redemption	../tender-offers/{tenderOfferId}/approve
		../tender-offers/{tenderOfferId}/reject
3	Inv - Submit Tender Redemption Request	../tender-offers/{tenderOfferId}/request
4	AM/TA - Close Tender Offer Redemption	../tender-offers/{tenderOfferId}/close
5	AM/TA - Set Price	../tender-offers/{tenderOfferId/price/set
6	AM/TA - Approve/Reject Price	../tender-offers/{tenderOfferId}/price/approve
		../tender-offers/{tenderOfferId}/price/reject
7	AM/TA - Apply Price	../tender-offers/{tenderOfferId}/price/apply
8	AM/TA - Complete Price	../tender-offers/{tenderOfferId}/price/complete
9	AM/TA - Settle Tender Offer Redemption	../tender-offers/{tenderOfferId}/settle