The Investor's Guide to Alternative Assets:
The JOBS ACT, "accredited" investing, and You
You recently learned that you are an "accredited investor" and therefore can invest in "alternative assets." Perhaps all you know is this has something to do with the "JOBS Act." Or maybe you're currently considering making an angel investment or investing in a PPM, or in a PE, VC, hedge or other private investment fund.
Just because you can invest in alternative assets, however, doesn't mean you should.
Before you make any investment, you should take the time to understand it. "The Investor's Guide to Alternative Assets: The JOBS ACT, "accredited" investing, and You" will help you do that by providing clear and concise explanations about what it means to be an accredited investor, what the potential risks and rewards are of investing in alternative assets, and how to actually go about it in a smart way, if you conclude you want to. Explanations are clear and simple, and are written for someone with no experience investing in alternative assets.
Most investors in the United States invest in publicly traded stocks, bonds, and mutual funds; some exposure to income producing real estate is also fairly common. This is the "mix" or "asset allocation" that has been generally recommended by investment advisors for decades in order to achieve proper diversification, with the percentages allocated to each determined largely based on an investor's age.
Accredited investors, however, have a range of other assets- alternative assets- available to them. These include angel investments, private placements, and private investment funds (including, venture capital, private equity, and hedge funds), as well as other private investment vehicles that invest in a wide variety of underlying "hard" assets.
"The Investor's Guide to Alternative Assets: The JOBS ACT, "accredited" investing, and You" provides a thorough, objective, and plain English introduction to investing in alternative assets.
Chapters include overviews of angel investing and venture capital, private equity, hedge funds, and so-called "hard assets." An introduction to crowdfunding is included to help you decide whether investing via a crowdfunding portal is for you. Other topics discussed include the JOBS Act itself; "alternative mutual funds," and a host of others that will arm you with the information you need in order to make educated investment decisions.
Very educational, methodical in its approach and thorough in content delivered. I believe this to be a “must-have” book in anyone’s library who takes investments seriously. This resource is timely and up to date on what is currently happening on the investing landscape.
CEO, CrowdCheck, Inc.
- Sara Hanks
There are probably a lot of puzzled people out there right now. Professionals, company owners, and retirees in prosperous gated communities are getting emails and letters from people offering [to sell them] securities… Why are they being solicited now and what should they do about it? This book explains it all…. Full of practical advice and useful context, it should be at the bedside of every accredited investor...
Jonathan Friedland is a corporate partner with Chicago-based law firm Levenfeld Pearlstein and was previously a restructuring partner with Kirkland & Ellis, LLP. His practice centers around representing wealthy families, the businesses they own, private equity firms, and the businesses they own.
Friedland served as the first Visiting Professor at the Clayton School of Entrepreneurial Law at the University of Tennessee College of Law and, for several years, as an Adjunct Professor of Strategic Management at the University of Chicago Graduate School of Business. Friedland is the principal author of two books published by West Publishing.
Friedland is also the founder and chairman of DailyDAC, LLC, which owns Financial Poise and Accredited Investor Markets™. Friedland graduated from the University of Pennsylvania Law School and the State University of New York and Albany (magna cum laude after three years of study). He is licensed to practice law in Arizona, Illinois, New York, and New Jersey.