Qualified Purchaser
/ˈkwɒlɪfaɪd pɜːrtʃəsər/
Definitions
- (n.) An individual or entity meeting specified asset or investment thresholds under U.S. securities laws, qualified to invest in certain private investment funds.
Only a qualified purchaser may invest in this hedge fund due to the high risks involved.
Forms
- qualified purchaser
- qualified purchasers
Related terms
See also
Commentary
The term 'qualified purchaser' is specifically defined under the Investment Company Act of 1940 and differs from 'accredited investor' by having higher asset thresholds; important to verify statutory definitions in drafting.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.