word of mouth sounds crazy, but its true. you cant "sell" to someone that has not already informed you that they are interested and able to invest, which is the big catch. what you can do is offer that you have a fund that is open, but that anyone interested must contact you to first qualify as a potential investor. at that time, you must ask them if the qualify as an accredited investor which is someone who: 1. has a combined net worth with spouse, in excess of U.S. $1,000,000 or 2. has had income of $200,000 in each of the past two years, or joint income with spouse of more than $300,000 in each of those years, and reasonably expects to reach the same income level in the current year. the specifics are slightly different if the investor is representing a corp., limited partnership, LLC, trust or bank. once they are qualified to "hear you sell to them", then you can send them anything that you want (within the laws of course). Pete
That's what we did, it works well. In my experience there are state regulations to comply with and as a small fund we are exempt from sec regulation.