Close Menu Navigation
Open Categories Menu The Investment Company Act of 1940 (the “Investment Company Act”) is what gives structure to the hedge fund industry. The Investment Company Act provides very strict regulations for entities which are “investment companies” such as mutual funds. While hedge funds do fall within the definition of “investment company” they will [...]
Currently Browsing
Posts Tagged ‘ 3(c)(7) ’
18 September
What is a qualified purchaser?
We have previously discussed the difference between a 3(c)(1) hedge fund and a 3(c)(7) hedge fund. Unlike a 3(c)(1) hedge fund where investors only generally need to be accredited investors and potentially qualified clients, all investors in a 3(c)(7) hedge fund must be “qualified purchasers.” A qualified purchaser is a [...]
9 August
Posted in
Hedge Fund Questions and Answers
Question: hedge fund investor and qualification requirements
Question: I wanted to inquire as to legalities for a new hedge fund formation. My question is can I get by the limit of 500 investors and qualification requirements. I mean is there another type of fund to start with same freedom and lack of regulation with breadth of trading [...]
