Can hedge funds make redemptions to investors through the IBKR Hedge Fund Capital Introduction Program (HFCIP)?

The Hedge Fund Capital Introduction Program (HFCIP) allows IBKR clients who are an accredited investor or qualified purchaser to review information posted by participating hedge funds. Eligible investors with interest in a fund may contact the fund or request the fund contact them. If a hedge fund accepts the accredited investor or qualified purchaser as a client, the client can directly transfer investments from their IBKR accounts to a hedge fund’s account. Similarly, hedge funds can send redemptions to investors’ IBKR accounts through our platform…

Once you and a fund come to an agreement regarding a withdrawal of funds, you can request a redemption from a hedge fund by clicking on the “i” button next to the fund’s name in the Hedge Fund Capital Introduction Program (HFCIP). You will be brought to the fund details page where you can click “Request a Redemption”, provide the requested information and submit your request…

Once logged into your hedge fund account, click the Discover menu followed by Investors' Marketplace and Advertise Services. From there, select Investing followed by Hedge Funds and then click on the drop down menu labeled “Hedge Fund Capital Introduction Program Administration.” There you will find two separate options, one to approve transfers and one to approve redemptions. Once both you and your third-party administrators approve these requests, the transfer of funds or redemption of funds will be processed…

IBKR’s Hedge Fund Capital Introduction Program (HFCIP) is an electronic version of a traditional capital introduction program. It allows IBKR clients who are an accredited Investor or qualified purchaser to learn about certain hedge funds via a password-protected portion of the Interactive Brokers website. If these eligible investors choose to invest in a fund, they can transfer funds to a hedge fund directly from their IBKR account…