Purposes of the Fund. The Fund will (i) operate as a closed-end, non-diversified management investment company (A) in accordance with the 1940 Act; and (B) subject to any fundamental policies and investment restrictions described in the Form N-2; and (ii) and is organized for the purpose of realizing capital appreciation with limited variability of returns and of engaging in all activities and transactions as the Board may deem necessary or advisable in connection therewith, including, without limitation:
Appears in 8 contracts
Samples: Limited Liability Company Agreement (Ironwood Multi-Strategy Fund LLC), Limited Liability Company Agreement (Ironwood Institutional Multi-Strategy Fund LLC), Limited Liability Company Agreement (Ironwood Multi-Strategy Fund LLC)
