可以解释一下C为什么不对么

问题如下：

Both hedge funds and private equity invest in equity shares of public or private enterprises. However, there are many differences between them. The following statements lists some of their differences. Choose the statement that is false.

选项：

A.

Private equity funds invest for the long term, while hedge funds invest in equities for the shorter term.

B.

Typical hedge funds are transaction oriented; they make several offsetting trades. Private equity funds make stable, long-term investments in few companies.

C.

An investor normally funds the hedge fund at the start of the investment, while private equity funds are committed at the start and funded over time, upon demand.

D.

Private equity is redeemable on a periodic basis, while hedge funds require a longer-term commitment.

解释：

D is the correct answer choice because the statement is false. Hedge funds are redeemable on a periodic basis, and private equity funds require a longer-term commitment. The other statements are correct.