Who is an “Accredited Investor”?
To participate in Private Equity programs, you must be accredited. The Federal securities law defines the term “accredited investor” in rule 501 of regulation D as: • Any director, executive officer, or general partner of the issuer (Sponsor) of the securities being offered or sold, or any director, executive officer or general partner of that issuer. • Any natural person whose individual net worth, or joint net worth with the person’s spouse, exceeding $1 million at the time of the purchase. • Any natural person who had income in excess of $200,000 in each of the two most recent years or joint income with that person’s spouse exceeding $300,000 in each of those years and has a reasonable expectation of the same income level in the current year. • Any trust with assets in excess of $5 million, not formed for the specific purpose of acquiring the securities offered, whose purchase of the securities is directed by a person who has such knowledge and experience in financial and business m
