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Can Interests In The Fund Be Offered To Non-Accredited Investors?

April 26, 2017fund investors non-accredited offered

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Can Interests In The Fund Be Offered To Non-Accredited Investors?

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A hedge fund may have up to 35 non-accredited investors and still remain within the SEC s “safe harbor” under Regulation D which governs private placements. While technically allowed, the better practice is to restrict the offering to accredited investors.