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Item 15f - Limited recourse borrowing arrangements (LRBA)

A If the fund had an LRBA, were the LRBA borrowings from a licensed financial institution?

Answer 'No' if the fund holds more than one LRBA, and the money to acquire at least one (or part) of an asset has been borrowed from a source other than a licensed financial institution.

B Did members or related parties of the fund use personal guarantees or other security for the LRBA?

Answer 'Yes' if:

  • a member of the fund or a related party of the fund has provided a personal guarantee or security for the LRBA

  • the fund holds more than one LRBA, and a member or related party has used a personal guarantee or other security for at least one of the LRBAs.

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