Accredited investors meet specific financial criteria which allow them to invest into certain asset classes under SEC rules.
The SEC has established rules that define who is considered an accredited investor and dictate who has access to certain asset classes, such as traditional venture capital funds and other alternative investments.
Generally speaking, an accredited investor is defined as a head of household making $200K+ per year for the last two consecutive years (or $300K+ combined with a spouse's income), or an individual with a net worth of $1M+ outside the value of their home.
Do I need to be accredited to invest in The Cashmere Fund?
No, you do not need to be accredited to invest. The Cashmere Fund uses a fund structure that allows us to accept investments from anyone, not just accredited investors. Welcome to the party! 🎉
🛑 How do I know if I'm an accredited investor?
If you answer yes to any one of the following statements, you are considered an accredited investor:
- My net worth (individual or combined with spouse) exceeds $1 million, excluding the value of my primary residence
- My individual income exceeds $200,000 in each of the two last years, and I have a reasonable expectation to achieve the same income level in the current year
- My joint income (combined with spouse) exceeds $300,000 in each of the last two years, and I have a reasonable expectation to achieve the same income level in the current year
- I am a holder in good standing of the FINRA Series 7, Series 65, or Series 82 licenses