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Technology Stocks : For Hedge Fund Analysts and Managers -- Ignore unavailable to you. Want to Upgrade?

To: Howard Bennett who wrote (471)7/5/2001 1:19:15 PM
From: WaveSeeker  Read Replies (1) | Respond to of 499
 
"Can you get into a Hedge Fund? There is a means test -- most likely YOU are excluded."

Howie, you're out of your league. Yes, there is a means test, but anyone can get into a hedge fund at the discretion of the General Partner. You just need to get to know the GP.

WS



To: Howard Bennett who wrote (471)7/5/2001 1:23:49 PM
From: WaveSeeker  Respond to of 499
 
I'll spell it out for you, okay?

There are usually 2 alternatives spelled out in the Private Placement Memorandum.

1. Individual's Net Worth or Joint Net Worth exceeds 1 million, or Individual has had an income in excess of 200K or 300K with spouse

Now pay attention:

2. Individual has knowledge and experience in financial and business matters so as to be capable of evaluating the Partnership.

Regards,

WS


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