Remember that the partnership was created when he forced conversion of a hedge fund in the face of heavy redemption requests in 2008. (longtermvalue.wordpress.com)
If a fund can't sell an investment quickly, it may lose money or make a lower profit, especially if it has to meet a large number of redemption requests. (cdninvesting.com)
If the fund size is small then if there are substantial redemption requests then fund performance may be affected. (wealthtrust.in)