http://www.hedgefundlawblog.com/section-3c1-hedge-funds.html Blogging on hedge fund laws, starting a hedge fund, news and events... Thu, 05 Jan 2012 15:32:15 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.hedgefundlawblog.com/section-3c1-hedge-funds.html/comment-page-1#comment-5676 Rule 202(a)(30)-1 | Investment Advisers Act — Hedge Fund Law Blog Mon, 22 Nov 2010 07:53:56 +0000 http://www.hedgefundlawblog.com/?p=697#comment-5676 [...] the term “investor” will generally mean a “beneficial owner” (if the fund is a 3(c)(1) fund) or a “qualified purchaser” (if the fund is a 3(c)(7) fund).  With respect to any “client” [...] [...] the term “investor” will generally mean a “beneficial owner” (if the fund is a 3(c)(1) fund) or a “qualified purchaser” (if the fund is a 3(c)(7) fund).  With respect to any “client” [...]

]]> http://www.hedgefundlawblog.com/section-3c1-hedge-funds.html/comment-page-1#comment-5361 Section 3(c)(7) Hedge Funds — Hedge Fund Law Blog Fri, 10 Sep 2010 22:00:53 +0000 http://www.hedgefundlawblog.com/?p=697#comment-5361 [...] Section 3(c)(1) Hedge Funds [...] [...] Section 3(c)(1) Hedge Funds [...]

]]> http://www.hedgefundlawblog.com/section-3c1-hedge-funds.html/comment-page-1#comment-5227 Important Hedge Fund Articles — Hedge Fund Law Blog Thu, 26 Aug 2010 21:18:02 +0000 http://www.hedgefundlawblog.com/?p=697#comment-5227 [...] Section 3(c)1 Hedge Funds [...] [...] Section 3(c)1 Hedge Funds [...]

]]> http://www.hedgefundlawblog.com/section-3c1-hedge-funds.html/comment-page-1#comment-5026 Obama Signs Historic Wall Street Reform Bill — Hedge Fund Law Blog Sat, 24 Jul 2010 20:07:46 +0000 http://www.hedgefundlawblog.com/?p=697#comment-5026 [...] managers who run section 3(c)(1) funds should also be aware of the fact that the definition of both qualified client and accredited [...] [...] managers who run section 3(c)(1) funds should also be aware of the fact that the definition of both qualified client and accredited [...]

]]> http://www.hedgefundlawblog.com/section-3c1-hedge-funds.html/comment-page-1#comment-2454 Hedge Fund Law Blog Statistics | June 2009 — Hedge Fund Law Blog Mon, 29 Jun 2009 11:06:21 +0000 http://www.hedgefundlawblog.com/?p=697#comment-2454 [...] Section 3(c)(1) Hedge Fund [...] [...] Section 3(c)(1) Hedge Fund [...]

]]> http://www.hedgefundlawblog.com/section-3c1-hedge-funds.html/comment-page-1#comment-997 Recommended hedge fund articles for start-up hedge fund managers | Hedge Fund Law Blog Fri, 21 Nov 2008 19:33:18 +0000 http://www.hedgefundlawblog.com/?p=697#comment-997 [...] Section 3(c)(1) Hedge Funds [...] [...] Section 3(c)(1) Hedge Funds [...]

]]> http://www.hedgefundlawblog.com/section-3c1-hedge-funds.html/comment-page-1#comment-476 Conversion of a 3(c)(1) hedge fund to a 3(c)(7) hedge fund | Hedge Fund Law Blog Fri, 31 Oct 2008 19:27:08 +0000 http://www.hedgefundlawblog.com/?p=697#comment-476 [...] Section 3(c)(1) Hedge Funds [...] [...] Section 3(c)(1) Hedge Funds [...]

]]> http://www.hedgefundlawblog.com/section-3c1-hedge-funds.html/comment-page-1#comment-342 Overview of the Investment Company Act of 1940 | Hedge Fund Law Blog Fri, 24 Oct 2008 18:17:34 +0000 http://www.hedgefundlawblog.com/?p=697#comment-342 [...] Please see Section 3(c)(1) Hedge Funds [...] [...] Please see Section 3(c)(1) Hedge Funds [...]

]]> http://www.hedgefundlawblog.com/section-3c1-hedge-funds.html/comment-page-1#comment-289 Hedge Fund Investors Overview | Hedge Fund Law Blog Wed, 15 Oct 2008 21:31:37 +0000 http://www.hedgefundlawblog.com/?p=697#comment-289 [...] Section 3(c)(1) hedge funds are open to investors who are both accredited investors and qualified clients. An accredited investor is generally an individual with a $1 million dollar net worth (can include the equity in the investor’s primary residence) or an individual who has made $200,000 in each of the two most recent years (or joint income with that person’s spouse in excess of $300,000 in each of those years) and has a reasonable expectation of reaching the same income level in the current year.A qualified client is generally an individual with a $1.5 million dollar net worth.  Because investors will need to be both an accredited investor and a qualified client, many hedge fund managers will just say that the investor needs to be a qualified client as it has the higher net worth threshold. [...] [...] Section 3(c)(1) hedge funds are open to investors who are both accredited investors and qualified clients. An accredited investor is generally an individual with a $1 million dollar net worth (can include the equity in the investor’s primary residence) or an individual who has made $200,000 in each of the two most recent years (or joint income with that person’s spouse in excess of $300,000 in each of those years) and has a reasonable expectation of reaching the same income level in the current year.A qualified client is generally an individual with a $1.5 million dollar net worth.  Because investors will need to be both an accredited investor and a qualified client, many hedge fund managers will just say that the investor needs to be a qualified client as it has the higher net worth threshold. [...]

]]>