114
114 is a private equity fund organized in Canada and advised by ARC Financial. Its adviser reported $3,000,000 in gross assets for the fund on Form ADV, filed Mar 24, 2024. It reported 2 beneficial owners, about 100% of it owned by non-U.S. persons. The minimum investment it accepts is $3,000,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $3,000,000As reported on Form ADV
- Beneficial owners
- 2
- Minimum investment
- $3,000,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Private equity fund
- Domicile
- Canada
- Custodian
- Royal Bank of Canada; RBC Investor Services Trust
- Adviser
- ARC Financial · Calgary, Alberta, Canada · CRD 162336
- Reported on
- Mar 24, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about 114
What is the minimum investment for 114?
According to its adviser's Form ADV filed Mar 24, 2024, the minimum investment 114 accepts is $3,000,000.
Who can invest in 114?
114 is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1).
How large is 114?
Its adviser reported $3,000,000 in gross assets on Form ADV filed Mar 24, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages 114?
114 is advised by ARC Financial, based in Calgary, Alberta, Canada.