A special fund is a financial resource set aside for a specific purpose or project, often established by a government or organization to address particular needs or objectives. These funds are typically earmarked for areas such as infrastructure, education, or healthcare and are managed separately from general funds to ensure that the allocated resources are used effectively for their intended goals. Special funds can come from various sources, including taxes, grants, or donations, and often have specific guidelines for how they can be utilized.
The symbol for Special Opportunities Fund Inc. in the NYSE is: SPE.
A special situation fund is a fund set aside for an event that may have an impact on the stock of a company. Some of these special situations include spin-offs, share repurchases or asset sales.
As of July 2014, the market cap for Special Opportunities Fund Inc. (SPE) is $131,535,751.20.
A special event to raise money.
general fund
yes
Modified
political action committee (PAC)
political action committee (PAC)
political action committee (PAC)
No
A special type of fund in which members of the fund work toward a specific investment goal by making defined contributions in a pool over a period of time. Many angel investors have started to employ a pledge fund format in venture capital investing.