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Who are qualified purchasers?

purchasers qualified
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Who are qualified purchasers?

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Subject to certain exceptions, to be a qualified purchaser, a natural person must have at least $5 million in “investments” and an institution must have at least $25 million in “investments,” in each case as defined in Rule 2a51-l under the U.S. Investment Company Act. Please refer to Section 2(a)(51)(A) of the U.S. Investment Company Act for a complete definition of a qualified purchaser.

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