We accept investments from up to 99 anchor investors in the initial exclusive funding period until we raise $100 million. The anchor investors must be “accredited investors” and may also need to be “qualified clients” (these requirements come from various federal securities acts, and state laws, as appropriate).  A “qualified investor” is an institution or a very high net worth individual (generally those persons who own $5 million in “investable” assets, which does not include a personal residence).

In return for their investment in VIRA, we offer the anchor investors a management fee waiver for the first 10 years or a partial ownership interest in the Retirement Income Security LLC (RISC), the investment manager of VIRA.