Feeder fund

A feeder fund is an investment fund which does almost all of its investments through a master fund via a master-feeder relationship.

It is a situation similar to a fund of funds, except that the master fund performs all the investments.

Sources
gollark: Or things which might be bad eventually but aren't immediately.
gollark: Maybe a lot of effort gets put into pandemic preparation in the near-term after COVID, possibly too much, and then another pandemic doesn't immediately happen and people get bored and do something else.
gollark: I kind of worry that people are not going to actually prepare very well in the long term.
gollark: People will turn any badness into a meme!
gollark: Wow, you go to a lot of countries.
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