Nationwide Private Placement Variable Account is a private investment fund based in Columbus, Ohio. According to its most recent Form D, filed Feb 20, 2014, it has sold $172,636,514 of interests to 1 investor since its first sale in Jan 2003. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include John Carter; Timothy Frommeyer; Mark Thresher.
- Total raised
- $172,636,514Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Jan 17, 2003
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- John Carter; Timothy Frommeyer; Mark Thresher
- Latest Form D
- Feb 20, 2014
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 Nationwide Private Placement Variable Account
What is the minimum investment for Nationwide Private Placement Variable Account?
Nationwide Private Placement Variable Account's latest Form D, filed Feb 20, 2014, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Nationwide Private Placement Variable Account?
Nationwide Private Placement Variable Account is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Nationwide Private Placement Variable Account raised?
Nationwide Private Placement Variable Account reports $172,636,514 sold from 1 investor on its Form D filed Feb 20, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Nationwide Private Placement Variable Account based?
Nationwide Private Placement Variable Account is based in Columbus, Ohio.
When did Nationwide Private Placement Variable Account launch?
Nationwide Private Placement Variable Account reports its first sale in Jan 2003.
Size compared with every private investment fund
Raised more than 76% of the 114 private investment funds based in Ohio, and more than 77% of all 10,311 that report sales.