TagSide Pocket

side pocket

side pocket  n.— «Atticus angered some investors in March 2008 with how it treated its investment in Deutsche Börse. Atticus separated its roughly $1 billion stake in the exchange into what is known as a “side pocket,” which...

side-pocket

side-pocket  n.— «A hedge fund often invests into securities which are not quickly or easily converted into cash. Often this happens by way of a “side-pocket” where all illiquid securities are segregated.» —“United...