Disclosure: According to the SEC, an accredited investor, in the context of a natural person, includes anyone who earned income that exceeded $200,000 (or $300,000 together with a spouse or spousal equivalent) in each of the prior two years, and reasonably expects the same for the current year OR has a net worth over $1 million, either alone or together with a spouse or spousal equivalent (excluding the value of the person’s primary residence).

Private placement securities are speculative, illiquid, and carry a high degree of risk –including the loss of the entire investment.

Investments in securities involve risk and may result in significant losses. Investing in private placements also requires long-term commitments. These securities are only suitable for accredited investors who understand and are willing and able to accept the high risks and low liquidity associated with private investments. Investors should have the ability to afford to lose the entire investment and they should have low liquidity needs.

Further, alternative investments and private placements should only be a part of your overall investment portfolio and the alternative investment and private placement portion of your portfolio should include a balance of different underlying investment strategies.

Before investing you should:
(1) conduct your own investigation and analysis;
(2) carefully consider the investment and all related charges, expenses, uncertainties, conflicts-of-interest and other risks described in the offering materials; and
(3) consult with your own investment, tax, financial and legal advisors.

SEC.gov | Accredited Investor