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21 December, 16:03

The maximum amount of investors allowed in "private funds" of all types is limited by the SEC to what number?

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  1. 21 December, 16:18
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    100 accredited investors

    Explanation:

    Private funds classified as 3C1 funds can have a maximum of 100 accredited investors.

    An accredited investor is someone that has a net worth of over $1 million, not counting his/her primary residence (house), or must at east have an annual income of more than $200,000, or $300,000 for a married couple.

    The main advantage of keeping a fund private is that they are less regulated than public funds. This gives the fund greater freedom when deciding which investments to make.
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