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

User PrakashG
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Answer:

100 accredited investors

Step-by-step 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.

User Dan Grahn
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