There's also another kind of hedge fund, 3c7,

还有一种3C7对冲基金
which can take five hundred investors.

允许有500个投资者
If they register as a 3c7, they can take more investors.

如果注册为3C7就可以有多一些投资者
But then, they're limited to qualified purchasers.

但是对购买者资格有所限制
This is just an example of their regulations.

这就是监管制度中的一个例子
A qualified purchaser has to have at least $5 million dollars or,

一个合格购买者至少持有500万美元
if it's an institution, at least $25 million

如果是机构则需要至少2500万美元
--that is a natural person.

...这里指的是自然人
A natural person refers to a human being,

一个自然人指一个人
so it's $5 million for natural persons

一个自然人需要500万美元
and $25 million for institutions.

而一个机构则需要2500万美元
So, if you're a small

因此如果是一个