First Ghana Microfinance Institution Fund is a private investment fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Sep 14, 2018, it has sold $3,569,000 of interests to 10 investors since its first sale in Apr 2018. The minimum investment it accepts from an outside investor is $100,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Brian Murray.
- Total raised
- $3,569,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Apr 1, 2018
- Minimum investment
- $100,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Brian Murray
- Latest Form D
- Sep 14, 2018
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about First Ghana Microfinance Institution Fund
What is the minimum investment for First Ghana Microfinance Institution Fund?
According to its latest Form D, filed Sep 14, 2018, the minimum investment First Ghana Microfinance Institution Fund accepts from an outside investor is $100,000.
Who can invest in First Ghana Microfinance Institution Fund?
First Ghana Microfinance Institution Fund 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). It uses Rule 506(b), which does not allow general advertising.
How much has First Ghana Microfinance Institution Fund raised?
First Ghana Microfinance Institution Fund reports $3,569,000 sold from 10 investors on its Form D filed Sep 14, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is First Ghana Microfinance Institution Fund based?
First Ghana Microfinance Institution Fund is based in Grand Cayman, Cayman Islands.
When did First Ghana Microfinance Institution Fund launch?
First Ghana Microfinance Institution Fund reports its first sale in Apr 2018.
Size compared with every private investment fund
Raised more than 37% of the 577 private investment funds based in Cayman Islands, and more than 28% of all 10,287 that report sales.