NIC Fund
NIC Fund is a private fund (long-only, unleveraged, publicly traded equities) organized in California, United States and advised by Neumeier Poma Investment Counsel LLC. Its adviser reported $60,153,527 in gross assets for the fund on Form ADV, filed May 21, 2024. It reported 83 beneficial owners. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $60,153,527As reported on Form ADV
- Beneficial owners
- 83
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Private fundLONG-ONLY, UNLEVERAGED, PUBLICLY TRADED EQUITIES
- Domicile
- California, United States
- Auditor
- Eisneramper LLP
- Custodian
- Charles Schwab & Co., Inc.
- Adviser
- Neumeier Poma Investment Counsel LLC · Carmel, CA · CRD 110672
- Reported on
- May 21, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about NIC Fund
What is the minimum investment for NIC Fund?
Its adviser's Form ADV, filed May 21, 2024, does not set a minimum investment for NIC Fund. The offering documents may still require one.
Who can invest in NIC Fund?
NIC Fund is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1).
How large is NIC Fund?
Its adviser reported $60,153,527 in gross assets on Form ADV filed May 21, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages NIC Fund?
NIC Fund is advised by Neumeier Poma Investment Counsel LLC, based in Carmel, CA.
Who are NIC Fund's service providers?
Its Form ADV lists Eisneramper LLP as auditor.