Bbam US CLO III, LTD.
Bbam US CLO III, LTD. is a securitized asset fund organized in Cayman Islands and advised by RBC Global Asset Management (U.S.) Inc. Its adviser reported $585,913,020 in gross assets for the fund on Form ADV, filed Aug 7, 2024. It reported 1 beneficial owner, about 100% of it owned by non-U.S. persons. The minimum investment it accepts is $250,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $585,913,020As reported on Form ADV
- Beneficial owners
- 1
- Minimum investment
- $250,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Securitized asset fund
- Domicile
- Cayman Islands
- Administrator
- Appleby Global Services (Cayman) Limited
- Custodian
- U.S. Bank National Association
- Adviser
- RBC Global Asset Management (U.S.) Inc. · Minneapolis, MN · CRD 107173
- Reported on
- Aug 7, 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 Bbam US CLO III, LTD.
What is the minimum investment for Bbam US CLO III, LTD.?
According to its adviser's Form ADV filed Aug 7, 2024, the minimum investment Bbam US CLO III, LTD. accepts is $250,000.
Who can invest in Bbam US CLO III, LTD.?
Bbam US CLO III, LTD. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7).
How large is Bbam US CLO III, LTD.?
Its adviser reported $585,913,020 in gross assets on Form ADV filed Aug 7, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Bbam US CLO III, LTD.?
Bbam US CLO III, LTD. is advised by RBC Global Asset Management (U.S.) Inc., based in Minneapolis, MN.
Who are Bbam US CLO III, LTD.'s service providers?
Its Form ADV lists Appleby Global Services (Cayman) Limited as administrator.