The Hedge Fund Association is concerned about potential changes the U.S. Securities and Exchange Commission is proposing to the definition of “accredited investor” that would narrow the number of potential investors in hedge funds, private equity, venture capital funds and real estate investments. “Such a change would fundamentally undermine the private placement market which infused nearly $50 billion into the United States’ economy in 2013 and will materially and negatively impact small business growth by reducing the number of accredited investors in the United States by more than half,” the HFA said in a comment letter to the SEC yesterday….
Will Proposed SEC Restrictions Hurt Small Hedge Funds?
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.