100816
The fund also invests a smaller percentage of its assets into IPO s. These are Regulation D private equities investments , where the fund buys complete control of microcap companies and then begins the work of a registration to take the companies public for an arbitrage winfall gain .
 None
Please list all entity words in the text that fit the category. Output format is "word1, word2". 
Option: location, person, organization 
Text: {0} 
Answer:
 None