Yes. In order to obtain BridgePort access, Registered or Subscribed users must confirm their status as an “Accredited Investor”, as defined in Rule 501 of Regulation D under the Securiites Act of 1933:

1. Any natural person that: (i) has an individual net worth, or joint net worth with his or her spouse, of more than $1,000,000; (ii) has individual income in excess of $200,000, or joint income with his or her spouse or spousal equivalent (defined as a cohabitant occupying a relationship generally equivalent to that of a spouse) in excess of $300,000, in each of the two most recent years and has a reasonable expectation of reaching the same income level in the current year; (iii) is a Licensed General Securities Representative (Series 7), Licensed Investment Adviser Representative (Series 65) and Licensed Private Securities Offerings Representative (Series 82); (iv) is a “knowledgeable employee” of a private fund, including, but not limited to, trustees and advisory board members of a private fund or an affiliated person of the private fund that oversees the private fund’s investments, as well as employees of the private fund or the affiliated person of the private fund who, in connection with the employees’ regular functions or duties, have participated in the investment activities of such private fund for at least 12 months; and (v) has a professional certification, designation or credential from an accredited educational institution that the SEC designates as qualifying for Accredited Investor status;
2. Any entity that owns investments in excess of $5,000,000 and that was not formed for the specific purpose of investing in the securities offered;
3. Any investment adviser registered under federal or state law (and Exempt Reporting Advisers relying on Section 203(m) or 203(l) of the Investment Advisers Act of 1940, as amended);
4. any rural business investment company (defined as entities who are approved by the U.S. Secretary of Agriculture and have entered into a participation agreement with the U.S. Secretary of Agriculture);
5. Any family office with at least $5,000,000 in assets under management and that was not formed for the specific purpose of acquiring the securities offered, and whose investment is directed by a person capable of evaluating the merits and risks of the prospective investment;
6. Any bank as defined in Section 3(a)(2) of the Securities Act, any savings and loan association or other institution as defined in Section 3(a)(5)(A) of the Securities Act whether acting in its individual or fiduciary capacity;
7. Any broker-dealer registered under Section 15 of the Securities Exchange Act of 1934, as amended;
8. Any insurance company as defined in Section 2(13) of the Securities Act;
9. Any investment company registered under the Investment Company Act of 1940, as amended, and the rules and regulations promulgated thereunder (the “Investment Company Act of 1940”) or a business development company (as defined in Section 2(a)(48) of that Act);
10. Any small business investment company licensed by the U.S. Small Business Administration under Section 301(c) or (d) or the Small Business Investment Act of 1958, as amended;
11. Any plan established and maintained by a state, its political subdivisions or any agency or instrumentality of a state or its political subdivisions, for the benefit of its employees, if such plan has total assets of more than $5,000,000;
12. Any private business development company (as defined in Section 202(a)(22) of the Investment Advisers Act of 1940, as amended);
13. Any corporation, Massachusetts or similar business trust, partnership or organization described in Code Section 501(c)(3) that has total assets over $5,000,000 and was not formed for the specific purpose of acquiring the Interests;

No, it does not. Your OneDoc profile contains most of the informational elements needed to pre-fill each respective subscription agreement. You will receive your subscription agreements in a pre-filled, digital format, where it’s presumed that the majority of prescribed information and documentation will be completed. However, you (a) may need to provide additional information and/or documentation, (b) will need to review each subscription agreement for accuracy and completeness, (c) will need to appropriately acknowledge and digitally sign each agreement.

One of the many key benefits of BridgePort is that it allows managers to rest assured each of their investor’s dynamic subscription profile is current- meaning investor qualifications, “bad actor” status, AML/KYC information and other key elements, unlike the static nature of today’s heavily papered environment. In accordance with the BridgePort Terms of Use, it is an investor’s responsibility to ensure their OneDoc profile is consistently maintained and remains current, given that entity managers have been assured of such by the investor.

You may still link to that entity, transact with that entity and request reports from their administrator. However, you will need to upload that entity’s documents through your BridgePort account, and that entity will not be available on BLX. Additionally, after your trial period ends in 90 days, you will need to pay $100 annually to link to that entity, until such time as that entity becomes a Subscribed Entity (at which time it is free to investors in that Subscribed Entity).

BridgePort utilizes multiple enhanced security protocols for data privacy and protection:

• AWS Cloud hosted platform, with world-class security, meeting SOC1/ISAE 3402, SOC2, SOC3 assurance programs*
• End-to-End (E2E) encryption for maximum data privacy
• Two-factor authentication (2FA) for identity protection
• Routine third-party penetration testing
• User-controlled permission protocol for authorized delegates and interested parties

Note that most investors, managers and administrators today transmit subscription, transaction and reporting information through email.

*Additional assurances include FISMA, DIACAP, FedRAMP, PCI DSS Level 1, ISO 9001, ISO 27001, ISO 27018

BridgePort is an agnostic SaaS (Software As A Service) platform which allows private fund investors to create a singular, digital subscription profile, and leverage it to complete digital capital transactions (subscriptions, contributions, withdrawals, capital calls, distributions, etc.), centralize all their reports, analyze and customize their term liquidity- all from a single, secure access point.   BridgePort establishes a central gateway between the fund investor, all of its private investments and their administrators.

No. BridgePort is NOT a distribution or solicitation platform. Subscribers must prove their pre-existing relationship with an entity manager prior to MEP access.