Can a bank or institution be an accredited investor?
Yes. Entities such as banks, partnerships, corporations, nonprofits and trusts may be accredited investors. Depending on your circumstances, the following may be relevant to you:
- any trust, with total assets in excess of $5 million, not formed to specifically purchase the subject securities, whose purchase is directed by a sophisticated person, or
- any entity in which all of the equity owners are accredited investors.