Global Definitions Database

An investor that meets as least one of the following requirements:  (i) an individual with at least $1 million in assets under management with the advisor immediately after entering into an investment advisory contract with the advisor; (ii) an individual with a net worth of $2.1 million or more, either individually or jointly with a spouse, immediately before entering into an advisory contract, not including the value of their primary residence; (iii) an individual who matches the definition of a qualified purchaser at the time an advisory contract is enacted, including ownership of at least $5 million in investments; (iv) an individual with the position of executive officer, director, trustee, general partner, a person serving in a similar role, or the advisor; and/or (v) an employee of the advisor who is involved in the investment activities, and has been so for at least one year.