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You are an "accredited investor" as a result of satisfying one of the following conditions Check one of the following, if applicable:

1. You are (A) a bank as defined in Section 3(a)(2) of the Securities Act, acting either in your individual or fiduciary capacity, (B) a savings and loan association or other institution as defined in Section 3(a)(5)(A) of the Securities Act acting either in your individual or fiduciary capacity, (C) a broker or dealer registered pursuant to Section 15 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or (D) an insurance company as defined in Section 2(13) of the Act;


2. You are an authorized representative of an organization described in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the "Code"), or of a corporation, Massachusetts or similar business trust, or partnership which was not formed for the specific purpose of investing in a fund managed by Avatar Investment Management ("AIM") and which has total assets in excess of US$5,000,000; You are a natural person with an individual net worth or a joint net worth with your spouse which exceeds US$1,000,000 at the current time, and is not an Overseas Corporate Body as defined by Securities and Exchange Board of India ("SEBI");


3. You are a natural person who has had an individual income in excess of US$200,000 in each of the two most recent years or a joint income with your spouse in excess of US$300,000 in each of those years and has a reasonable expectation of reaching the same level of income in the current year, and who is not a Non Resident Indian as defined by SEBI;



You are the authorized trustee of a trust with total assets in excess of US$5,000,000 which was not formed for the specific purpose of investing in a fund managed by AIM and are a person who has such knowledge and experience in financial and business matters that you are capable of evaluating the merits and risks of an investment in a fund managed by AIM;


5.
You are the authorized representative of an entity in which all of the equity owners satisfy at least one of the conditions set forth herein.

All visitors to this website are bound by our Terms of Use

 


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