Periodically, we will have access to investment opportunities that are only available to Qualified Purchasers (as defined under Section 2(a)(51) of the Investment Company Act).

Section 2(a)(51) determines Qualified Purchasers broadly as:

• a person with not less than $5 million in investments;

• a company with not less than $5 million in investments owned by close family members;

• a trust, not formed for the investment, with not less than $5 million in investments;

• an investment manager with not less than $25 million under management;

• a company with not less than $25 million of investments

• net assets of at least $2.5 million; and

• a company (regardless of the amount of such company’s investments) beneficially owned exclusively by Qualified Purchasers;

• a “Qualified Institutional Buyer” under Rule 144A of the 33 Act (except that “dealers” under Rule 144 must meet the $25 million standard of the 1940 Act, rather than th $10 million standard of Rule 144A). Rule 144A generally defines a “Qualified Institutional Buyer” as institutions, including registered Investment Companies, that own and invest on a discretionary basis $100 million of securities that are affiliated with the institution, banks that own and invest on a discretionary basis $100 million in securities and have an audited net worth of $25 million, and certain registered dealers.

To be updated on future opportunities as a Qualified Purchaser, please register in the form below.