Titan Medical Inc (TMDIF)

[elMoose]

He is probably talking about "Private equity funds"

"Private equity funds more closely resemble venture capital firms in that they invest directly in companies, primarily by purchasing private companies, although they sometimes seek to acquire controlling interest in publicly traded companies through stock purchases."

"Unlike hedge funds focused on short-term profits, private equity funds are focused on the long-term potential of the portfolio of companies they hold an interest in or acquire"

"private equity funds usually dictates a requirement that investors commit their funds for a minimum period of time, usually at least three to five years"

"There is also a substantial difference in risk level between hedge funds and private equity funds. While both practice risk management by combining higher-risk investments with safer investments, the focus of hedge funds on achieving maximum short-term profits necessarily involves accepting a higher level of risk."

https://www.investopedia.com/ask/answers/121614/what-difference-between-hedge-fund-and-private-equity-fund.asp


In other words private-equity firms reduce their risk by investing their money in many entities with different risk profile. Their investors are willing to take the given risk profile. There are tax-avoidance schemes that invest in these things as well.