Nbec CLO XX SP
Nbec CLO XX SP is a private investment fund based in Chicago, Illinois. According to its most recent Form D, filed Jan 4, 2016, it has sold $380,000 of interests to 7 investors since its first sale in Dec 2015. 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 Bradley Tank; Joseph Amato.
- Total raised
- $380,000Cumulative sales reported on Form D
- Investors
- 7
- First sale
- Dec 22, 2015
- 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
- Bradley Tank; Joseph Amato
- Latest Form D
- Jan 4, 2016
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 XX SP
What is the minimum investment for Nbec CLO XX SP?
According to its latest Form D, filed Jan 4, 2016, the minimum investment Nbec CLO XX SP accepts from an outside investor is $25,000.
Who can invest in Nbec CLO XX SP?
Nbec CLO XX 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 XX SP raised?
Nbec CLO XX SP reports $380,000 sold from 7 investors on its Form D filed Jan 4, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Nbec CLO XX SP based?
Nbec CLO XX SP is based in Chicago, Illinois.
When did Nbec CLO XX SP launch?
Nbec CLO XX SP reports its first sale in Dec 2015.
Size compared with every private investment fund
Raised more than 25% of the 554 private investment funds based in Illinois, and more than 7% of all 10,333 that report sales.