Qualified Purchaser Investor
Certain types of private funds are limited to qualified purchasers only. Qualified purchaser is yet another distinction amongst investors and can be thought of as a step up from accredited investors.
The key condition for an individual or family entity to be considered a qualified purchaser is owning at least $5 million in assets. As with accredited investor status, some stipulations apply, such as that those assets may not include a primary residence or a building regularly used for business.
There are a few additional conditions by which investor groups or family trusts can meet qualified purchaser status..
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