Venture Capital Scheme investor eligibility limits participation, prescribes investment thresholds, permits joint investment, and allows restricted schemes for broader fundraising. Venture Capital Schemes are limited to fifty investors and permit investment by persons meeting the prescribed minimum threshold or by Accredited ... Summary
Venture Capital Scheme investor eligibility limits participation, prescribes investment thresholds, permits joint investment, and allows restricted schemes for broader fundraising.
Venture Capital Schemes are limited to fifty investors and permit investment by persons meeting the prescribed minimum threshold or by Accredited Investors. Employees, directors and designated partners of the Fund Management Entity may invest subject to a reduced threshold, while Accredited Investors are exempt from minimum investment requirements. Joint investors must each meet the applicable minimum contribution, with specified family relationships permitted to satisfy the general threshold on an aggregate basis. Registered Fund Management Entities may use restricted schemes to target more investors or accept lower application sizes.
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