Payton only accepts investments from wholesale, sophisticated and professional investors (as defined in the Corporations Act (Cth) 2001).

A wholesale investor includes a person (either a natural person or a corporate entity) who is the subject of a current certificate from a qualified accountant certifying they are a wholesale client.

To receive this certificate, the accountant must attest that the person:

  • had a gross income of $250,000 or more per annum in each of the previous two years; or
  • has net assets of at least $2.5 million.

Alternatively, if the initial amount invested is equal to or more than $500,000, the person is considered to be a wholesale client and an accountant’s certificate is not required.