What is an eligible investor?

An eligible investor is a type of wholesale investor. You can read more about what a wholesale investor is on our blog post here. 

An eligible investor is legally defined as a person who has sufficient knowledge and experience dealing in financial products that enables them to sufficiently assess the merits and risks of a transaction. To confirm that you are an eligible investor you need to complete an "Eligible Investor Certificate" which states that you have experience and expertise in investing in early stage companies.

The eligible investor certificate certifies that you have sufficient experience which allows you to assess the merits of an offer, your information needs in relation to the offer, and the adequacy of the information provided by any person involved in the offer. 

The eligible investor certificate needs to be signed by you and confirmed by one of the following:

• A Financial Adviser, engaged to operate under a Financial Advice Provider’s (FAP) licence, or who holds a FAP licence as under the Financial Markets Conduct Act 2013;
• A chartered accountant under section 19 of the New Zealand Institute of Chartered Accountants Act 1996;
• A lawyer under section 5 of the Lawyers and Conveyancers Act 2006

If you would like a referral for one of the above, please contact us at [e-mail]