A “qualified investor” means any person, who invests a minimum amount of R1 million per hedge fund
Has demonstrable knowledge and experience in financial and business matters which would enable the investor
to assess the merits and risks of a hedge fund investment,
Has appointed a FSP who has demonstrable knowledge and experience to advise the investor regarding the
merits and risks of a hedge fund investment.
“Qualified investor hedge fund” or “QIHF” means a hedge fund in which only qualified investors may