Last Updated on August 29, 2018 by John Fischer
The qualified accredited investor is what you use for a hedge fund or for what’s called a master private placement. Those are for like large raises and the hedge fund and master private placements require a qualified accredited investor, who’s defined by a quarter million minimum investment available, but most important of all, has to have $5 million in investable assets as opposed to the regular accredited investor, million net worth not including his home.
I hope you understand the difference. We call the big dogs, unfortunately we can’t get them anymore, we lost our source. We’ve got 2,900 that are about 9 months old right now, we have maybe 10,000 in the last twelve months and I got to tell you something, I’m going to miss that database, but it’s the best database. They’re based on a 5 million plus owner or manager of a huge business, these guys are great. These guys can take the whole damn project.
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