Qualified Purchaser
	The determination of whether an investor is a Qualified Purchaser is based in part on the amount of “investments” owned by the investor.  A natural person and a “family company” (as defined in the Investment Company Act) must have at least $5 million of investments.  Most entities must own and invest on a discretionary basis at least $25 million of investments or must be owned exclusively by “qualified purchasers.”
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