You’re an accredited investor if you meet at least one of these qualifications:
- you have an individual or joint net worth more than $1M (this excludes the value of your primary residence)
- you’ve had $200,000 income in each of the last two (2) years
- you’ve had $300,000 joint income in each of the last two (2) years
- your professional certification qualifies you as an accredited investor
- you’re a Director or Executive Officer of the Fund’s General Partner
- you’re a knowledgeable employee of the private fund or its managers (this includes employees, executive directors, directors, trustees, and advisory board members. You must have at least 12 months tenure in this role)
If you’re an entity, you must meet at least one of these qualifications:
- each equity owner of your entity is an accredited investor
- your entity has total assets worth more than $5M
- you’re a “family office” with $5M+ assets under management (AUM)
- you’re an Investment Advisor
- you’re an Exempt Investment Adviser
- you’re a private business development company
- you’re an investment company or a business development company
- you’re a Small Business Investment Company
