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Eligibility

Accredited investors only.

Under SEC Regulation D, the fund is open to investors who meet at least one of the following criteria.

Individual income

Annual income above $200,000 individually (or $300,000 jointly with a spouse or spousal equivalent) in each of the last two years, with a reasonable expectation of the same in the current year.

Net worth

Individual or joint (with spouse or spousal equivalent) net worth above $1,000,000 at the time of investment, excluding primary residence.

Professional

Holders of Series 7, 65, or 82 licenses in good standing; directors, executive officers, or general partners of the issuer; or knowledgeable employees of the private fund.

Entity

Entities with total assets above $5,000,000, family offices (and their family clients) with $5,000,000 in assets under management, or entities whose equity owners are all accredited investors.

Qualified Client status:Because the fund charges performance-based compensation (carried interest), each investor must also meet the SEC's Qualified Client thresholds under Rule 205-3 of the Investment Advisers Act. Following the SEC's mid-2026 inflation adjustment, an investor qualifies with either net worth above $2,700,000 (excluding primary residence, including spousal assets) or at least $1,400,000 in assets under management with the fund's adviser.

Verification: All investors complete third-party accreditation and Qualified Client verification before subscription. Required documentation is provided during onboarding.