Private Placement Memorandum (PPM)
A PPM is the offering document for private fund or security placements, providing detailed disclosure of investment strategy, risks, terms, and legal structure to prospective investors.
| PPM Section | Content |
| Executive summary | Fund overview, strategy, key terms |
| Investment strategy | Detailed approach, target properties, value creation |
| Risk factors | Comprehensive risk disclosure |
| Terms of offering | Minimum investment, capital calls, distributions |
| Fee structure | Management fees, carried interest, expenses |
| Fund structure | Legal entity, governance, GP/LP rights |
| Management team | Bios, track record, key person provisions |
| Financial projections | Pro forma returns, scenarios |
| Subscription documents | Legal agreements for investment |
| Regulatory Framework | Compliance |
| Private placement | Exempt from full prospectus requirements |
| Accredited investors only | Minimum net worth or income thresholds |
| SCA registration (UAE) | Required for UAE offerings |
| DFSA approval (DIFC) | Required for DIFC fund offerings |
| Disclosure standard | Must disclose all material risks |
| Legal review | Extensive legal vetting required |
Related Terms
RERA licensed advisors
Free expert advice
Get property recommendations matched to your goals. No pressure. No commitment.