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Am I an “Accredited Investor”?
Am I an “Accredited Investor”?
Updated over a week ago

An Accredited Investor is any person or entity who falls within any of the following categories:

  • A natural person whose individual net worth or joint net worth with that person’s spouse exceeds one million dollars ($1,000,000), disregarding any positive equity in their personal residence. Note, however, that any loans against the personal residence taken out within the sixty (60) days prior to making an Investment Commitment and any negative equity in the personal residence, (as determined by the Investor), must be considered in the calculation of net worth; or

  • A natural person who had individual income in excess of two hundred thousand dollars ($200,000) in each of the two most recent years or joint income with that person’s spouse in excess of three hundred thousand dollars ($300,000) in each of those years and has a reasonable expectation of reaching the same income level in the current year; or

  • A broker or dealer registered under Section 15 of the Securities Exchange Act of 1934, as amended; or

  • An investment adviser registered pursuant to Section 203 of the Investment Advisers Act of 1940 or registered pursuant to the laws of a state; or

  • An investment adviser relying on the exemption from registering with the SEC under Section 203(l) or (m) of the Investment Advisers Act of 1940; or

  • A charitable organization, corporation, or partnership with assets exceeding five million dollars ($5,000,000); or

  • A director, executive officer, or general partner of the Issuer; or

  • A natural person who holds, in good standing, one of the following professional licenses: the General Securities Representative license (Series 7), the Private Securities Offerings Representative license (Series 82), or the Investment Adviser Representative license (Series 65); or

  • A business in which all the equity owners are Accredited Investors; or

  • A trust with assets in excess of five million dollars ($5,000,000) that was not formed to acquire the Securities; or

  • A corporation, Massachusetts or similar business trust, partnership, or limited liability company or an organization described in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, that was not formed for the specific purpose of acquiring the Securities, and that has total assets in excess of five million dollars ($5,000,000).

Note that the categories of Accredited Investors listed above is a non-exclusive list and does not include all of the various definitions of an Accredited Investor as that term is defined by Rule 501(a) of the Securities Act.

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