Suspension Right

A fund's contractual right to halt redemptions entirely under extreme conditions, rather than fulfilling them at a NAV that hasn't caught up to reality.

Orivade keeps this on the investor's record — linked to the email or document it came from, so the current status is one search away the moment an LP asks.

See also

Redemption GateA cap, typically a percentage of NAV per quarter, that limits how much an evergreen fund pays out in redemptions at once.
Evergreen FundA fund with no fixed closing date, valued on a recurring schedule and open to continuous subscriptions and redemptions.

Related reading

Why redemption gates exist. →

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