AltMountain

GEM Trust Opportunistic 3

Wilmington, DE · CIK 1792803
Status: no Form D since Jan 2021. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

GEM Trust Opportunistic 3 is a private investment fund based in Wilmington, Delaware. According to its most recent Form D, filed Jan 6, 2021, it has sold $815,017,968 of interests to 3 investors since its first sale in Oct 2004. The minimum investment it accepts from an outside investor is $20,000,000. 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 DuPont Capital Management Corporation; State Street Bank and Trust Company.

Total raised
$815,017,968Cumulative sales reported on Form D
Investors
3
First sale
Oct 1, 2004
Minimum investment
$20,000,000
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
DuPont Capital Management Corporation; State Street Bank and Trust Company
Latest Form D
Jan 6, 2021

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 GEM Trust Opportunistic 3

What is the minimum investment for GEM Trust Opportunistic 3?

According to its latest Form D, filed Jan 6, 2021, the minimum investment GEM Trust Opportunistic 3 accepts from an outside investor is $20,000,000.

Who can invest in GEM Trust Opportunistic 3?

GEM Trust Opportunistic 3 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 GEM Trust Opportunistic 3 raised?

GEM Trust Opportunistic 3 reports $815,017,968 sold from 3 investors on its Form D filed Jan 6, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is GEM Trust Opportunistic 3 based?

GEM Trust Opportunistic 3 is based in Wilmington, Delaware.

When did GEM Trust Opportunistic 3 launch?

GEM Trust Opportunistic 3 reports its first sale in Oct 2004.

Size compared with every private investment fund

Raised more than 96% of the 465 private investment funds based in Delaware, and more than 92% of all 10,333 that report sales.

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