AltMountain

NGA Institutional LIBOR Fund Ltd

Offshore
Status: no Form D since Nov 2015. 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.

NGA Institutional LIBOR Fund Ltd is a private investment fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Nov 13, 2015, it has sold $64,500,000 of interests to 4 investors since its first sale in Aug 2010. The minimum investment it accepts from an outside investor is $1,000,000. 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 Hiromichi Aoki; Yutaka Itabashi; Nomura Global Alpha LLC.

Total raised
$64,500,000Cumulative sales reported on Form D
Investors
4
First sale
Aug 31, 2010
Minimum investment
$1,000,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Hiromichi Aoki; Yutaka Itabashi; Nomura Global Alpha LLC
Latest Form D
Nov 13, 2015

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 NGA Institutional LIBOR Fund Ltd

What is the minimum investment for NGA Institutional LIBOR Fund Ltd?

According to its latest Form D, filed Nov 13, 2015, the minimum investment NGA Institutional LIBOR Fund Ltd accepts from an outside investor is $1,000,000.

Who can invest in NGA Institutional LIBOR Fund Ltd?

NGA Institutional LIBOR Fund 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). It uses Rule 506(b), which does not allow general advertising.

How much has NGA Institutional LIBOR Fund Ltd raised?

NGA Institutional LIBOR Fund Ltd reports $64,500,000 sold from 4 investors on its Form D filed Nov 13, 2015. This is cumulative sales since the offering began, not current assets or performance.

Where is NGA Institutional LIBOR Fund Ltd based?

NGA Institutional LIBOR Fund Ltd is based in Grand Cayman, Cayman Islands.

When did NGA Institutional LIBOR Fund Ltd launch?

NGA Institutional LIBOR Fund Ltd reports its first sale in Aug 2010.

Size compared with every private investment fund

Raised more than 65% of the 577 private investment funds based in Cayman Islands, and more than 66% of all 10,287 that report sales.

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