NorthWest Biotherapeutics Inc (NWBO)

[TOB]

That's why there are some very select hedge funds out there who only take around 100 clients, and only diversify into 40-60 companies, all very thoroughly vetted -Pyrrhonian

The 100 client limit is regulatory, not the choice of the hedge fund. That type of fund accepts funds primarily from Accredited Investors. (3(c)1 fund)

Other funds have a 500 client limit, they can only take funds from Qualified Purchasers, which is a much higher qualification threshold. (3(c)7)

The majority of funds are 3(c)1 and limited to 100 total investors.