/PRNewswire/ Aditum Alternatives has filed a new patent application, requesting prioritized examination from the USPTO. Their latest application pertains to.
/PRNewswire/ Aditum Alternatives has filed a new patent application, requesting prioritized examination from the USPTO. Their latest application pertains to.
Aditum Alts Responds to Recent SEC Rules with Private Market Patent
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RANCHO SANTA FE, Calif., Jan. 7, 2021 /PRNewswire/ Aditum Alternatives announced the filing of a new patent application in response to the SEC s issuance of Rules 18f-4 and 12d1-4 (i.e., the Derivatives and Fund of Funds rules respectively). Rule 18f-4 places a reasonable expectation limit on a registered fund s undertaking private market unfunded commitments, which must be documented and cannot be based on future investment appreciation or fundraising. Rule 12d1-4 allows registered funds to invest in other funds in configurations that previously required exemptive relief. The patent application describes technology known as the Aditum Aqueduct, which enables novel private market investment products.