Marea CLO, Ltd. is a private investment fund based in Geroge Town, Grand Cayman, Cayman Islands. According to its most recent Form D, filed Sep 27, 2012, it has sold $1,257,175 of interests to 3 investors since its first sale in Sep 2012. The minimum investment it accepts from an outside investor is $250,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. Related persons named in the filing include Richard McMillen; David Boyd; Donald Puglisi.
- Total raised
- $1,257,175Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Sep 21, 2012
- Minimum investment
- $250,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Other exemption
- Key people and entities
- Richard McMillen; David Boyd; Donald Puglisi
- Latest Form D
- Sep 27, 2012
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 Marea CLO, Ltd.
What is the minimum investment for Marea CLO, Ltd.?
According to its latest Form D, filed Sep 27, 2012, the minimum investment Marea CLO, Ltd. accepts from an outside investor is $250,000.
Who can invest in Marea CLO, Ltd.?
Marea CLO, 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 much has Marea CLO, Ltd. raised?
Marea CLO, Ltd. reports $1,257,175 sold from 3 investors on its Form D filed Sep 27, 2012. This is cumulative sales since the offering began, not current assets or performance.
Where is Marea CLO, Ltd. based?
Marea CLO, Ltd. is based in Geroge Town, Grand Cayman, Cayman Islands.
When did Marea CLO, Ltd. launch?
Marea CLO, Ltd. reports its first sale in Sep 2012.
Size compared with every private investment fund
Raised more than 30% of the 577 private investment funds based in Cayman Islands, and more than 16% of all 10,212 that report sales.