Seligman Tech Spectrum Fund
Seligman Tech Spectrum Fund is a private investment fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed May 11, 2020, it has sold $1,159,109,668 of interests to 202 investors since its first sale in Feb 2002. 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 Banks; David Litton; Amy Hackbarth.
- Total raised
- $1,159,109,668Cumulative sales reported on Form D
- Investors
- 202
- First sale
- Feb 1, 2002
- 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 Banks; David Litton; Amy Hackbarth
- Latest Form D
- May 11, 2020
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 Seligman Tech Spectrum Fund
What is the minimum investment for Seligman Tech Spectrum Fund?
Seligman Tech Spectrum Fund's latest Form D, filed May 11, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Seligman Tech Spectrum Fund?
Seligman Tech Spectrum Fund 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 Seligman Tech Spectrum Fund raised?
Seligman Tech Spectrum Fund reports $1,159,109,668 sold from 202 investors on its Form D filed May 11, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Seligman Tech Spectrum Fund based?
Seligman Tech Spectrum Fund is based in Grand Cayman, Cayman Islands.
When did Seligman Tech Spectrum Fund launch?
Seligman Tech Spectrum Fund reports its first sale in Feb 2002.
Size compared with every private investment fund
Raised more than 93% of the 577 private investment funds based in Cayman Islands, and more than 94% of all 10,270 that report sales.