Forced Redemptions

[glam-mod]

Forced redemption is a feature within GLAM products that allows the manager to mandate the divestment of all investors' shares in a product. This can occur under specific circumstances, such as if the manager decides to close the product.

The ability to enforce a forced redemption ensures that the manager can effectively terminate the product and manage the distribution of invested capital according to the terms set out at the product's inception or as governed by regulatory requirements.

This process is typically used in scenarios where maintaining the product is no longer feasible or strategic.