In the case of private equity funds, distributions from a fund’s undeployed cash are made to investors on an ongoing basis when the fund has cash available that it has received as dividends from portfolio companies or from their sale and which it has not already reinvested into other investment projects. Distribution is always by way of redeeming the fund's investment shares or by way of dividend payments from the fund.
In the case of the Jet Industrial Lease open-ended fund, the distribution is made individually, based on each investor’s decision, and always in the form of a redemption. According to the terms of the contract, the investor can give notice to the fund of a planned redemption after 3 years and execute the redemption within 12 to 15 months after the notice.