Sorry for the noob questions but I was wondering if someone could help me find the answers. Question 1. Do Fund of Funds (or Fund of Hedge Funds, if it makes a difference) have a limit to the amount of investors it can take on and or do they have to be accredited investors like hedge funds? Question 2. Also has to deal with Funds of Funds, how do they invest in other hedge funds? Are they considered accredited investors? Thanks for your time and help