Once a fund has reached its fundraising target, it will have a final close.

If the fund does not reach $1.2 million, investors lose their entire $330,000.

The fee was ended when the fund reached $100 million.

Officials hope their fund raising will reach $12 million by the end of June.

When the fund has reached a certain level of return, capital calls are issued and the borrowing is paid off.

The fund has now reached $3 million, and its sponsors plan to raise the rest this year.

As the market soared, his funds under management reached $7 billion in early 2000.

The European funds do not reach the people responsible for managing the forests.

Therefore it is most important that these funds reach real people who need help.

"The fund has not reached for growth and paid expensive prices," he said.