To authorize the Southern Africa Enterprise Development Fund (SAEDF) to conduct public offerings or private placements for the purpose of soliciting and accepting venture capital, and for other purposes.
Southern Africa Enterprise Development Fund Act of 2008 - Authorizes: (1) the Southern Africa Enterprise Development Fund (SAEDF) to conduct public offerings or private placements for the purpose of soliciting and accepting venture capital; and (2) financial returns on SAEDF investments that include a component of private venture capital to be distributed to the investors of such capital.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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