Nbec CLO XV SP
Nbec CLO XV SP is a private investment fund based in Chicago, Illinois. According to its most recent Form D, filed Nov 7, 2013, it has sold $890,000 of interests to 8 investors since its first sale in Oct 2013. The minimum investment it accepts from an outside investor is $25,000. 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 Joseph Amato; Bradley Tank.
- Total raised
- $890,000Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Oct 23, 2013
- Minimum investment
- $25,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Joseph Amato; Bradley Tank
- Latest Form D
- Nov 7, 2013
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 Nbec CLO XV SP
What is the minimum investment for Nbec CLO XV SP?
According to its latest Form D, filed Nov 7, 2013, the minimum investment Nbec CLO XV SP accepts from an outside investor is $25,000.
Who can invest in Nbec CLO XV SP?
Nbec CLO XV SP 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 Nbec CLO XV SP raised?
Nbec CLO XV SP reports $890,000 sold from 8 investors on its Form D filed Nov 7, 2013. This is cumulative sales since the offering began, not current assets or performance.
Where is Nbec CLO XV SP based?
Nbec CLO XV SP is based in Chicago, Illinois.
When did Nbec CLO XV SP launch?
Nbec CLO XV SP reports its first sale in Oct 2013.
Size compared with every private investment fund
Raised more than 27% of the 554 private investment funds based in Illinois, and more than 13% of all 10,333 that report sales.