Resource Hub · Published December 8, 2025
How does deal-by-deal private equity investing work for accredited investors?
Everything an accredited investor should know before allocating to single-asset private equity deals, from mechanics to tax to liquidity.
Deal-by-deal private equity gives accredited investors something a fund cannot: the chance to underwrite each opportunity on its merits. You see the company, the price, the thesis, and the documents before committing capital, and you choose whether to participate.
This pillar collects ten focused answers to the questions we hear most often from investors new to the model. Each spoke stands on its own; together they cover access, mechanics, economics, taxes, and risk.
In this resource
- Accredited Investor Requirements for Private Equity DealsThe SEC's income and net worth thresholds, plus the newer professional designations that also qualify.
- Deal-by-Deal vs. Fund Investing: A Practical ComparisonWhere deal-by-deal beats fund investing, where funds win, and how sophisticated allocators combine both.
- Minimum Investments for Deal-by-Deal Private EquityTypical check sizes for single-asset PE deals and the trade-offs between sponsor flexibility and investor accessibility.
- How to Evaluate a Private Equity Deal: A Six-Part FrameworkThe six things to examine in every deal memo: business quality, market, price, capital structure, sponsor, and exit path.
- Private Equity Distributions Explained: Waterfalls, Pref, and PromoteHow cash flows back to investors over a deal's life, including the standard distribution waterfall used in most independent private equity sponsor deals.
- Private Equity Fees and Promote in Deal-by-Deal InvestmentsWhat you actually pay over the life of a deal, presented as effective drag on gross returns.
- Private Equity Tax Considerations: K-1s, UBTI, and State FilingsWhat accredited investors need to plan for at tax time when they participate in deal-by-deal private equity.
- Private Equity Liquidity and Hold Periods, ExplainedRealistic expectations for how long your capital is committed and the limited paths to early liquidity.
- Diversifying With Private Equity Deals: Portfolio Construction BasicsSizing, sector mix, vintage spread, and sponsor diversification when you build a private equity portfolio one deal at a time.
- How Accredited Investors Get Quality Private Equity Deal FlowPractical paths to seeing real, vetted private equity opportunities as an individual accredited investor.