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Can you explain how you serve middle class investors? Only accredited investors can invest in hedge funds. The requirements for becoming an accredited investor
by jklein11 10y ago
Can you explain how you serve middle class investors?
Only accredited investors can invest in hedge funds. The requirements for becoming an accredited investor, as described by Rule 501 [1] state that an individual's net worth, excluding real estate must be over $1,000,000 or have an income of over $200,000.
I think one of the biggest struggles to "growth hacking" a hedge fund are the regulator requirements. [2]
1. http://www.ecfr.gov/cgi-bin/retrieveECFR?gp=&SID=8edfd12967d69c024485029d968ee737&r=SECTION&n=17y3.0.1.1.12.0.46.176 http://www.ecfr.gov/cgi-bin/retrieveECFR?gp=&SID=8edfd12967d...
2. http://www.investmentfundlawblog.com/resources/marketing/marketing-restrictions-private-funds/ http://www.investmentfundlawblog.com/resources/marketing/mar...
- caruana 10y agoThe fund is a RRSP eligible investment in Canada (I think the equivalent of 401K in USA?). We are not currently serving the American market, sorry, I should have mentioned that but I think the growth management would be similar in both markets.