Can i invest in a hedge fund if I am not an accredited investor, meaining I have 1 million in net worth?

Answer 1

It's a tricky question. The manager is not allowed to accept subscriptions from non-accredited investors. However, the basis of determining whether an investor is accredited is a statement signed by the investor. No outside verification is required. So if you say you are an accredited investor, the fund manager has no choice but to believe you.