Spectrum Discretionary Overage Program is a private equity fund based in Boston, Massachusetts. According to its most recent Form D, filed Oct 6, 2017, it has sold $125,000,000 of interests to 28 investors since its first sale in Oct 2017. The minimum investment it accepts from an outside investor is $50,000. 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 Victor Parker, Jr; Ronan Cunningham; Michael Farrell.
- Total raised
- $125,000,000Cumulative sales reported on Form D
- Investors
- 28
- First sale
- Oct 4, 2017
- Minimum investment
- $50,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Victor Parker, Jr; Ronan Cunningham; Michael Farrell
- Latest Form D
- Oct 6, 2017
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 Spectrum Discretionary Overage Program
What is the minimum investment for Spectrum Discretionary Overage Program?
According to its latest Form D, filed Oct 6, 2017, the minimum investment Spectrum Discretionary Overage Program accepts from an outside investor is $50,000.
Who can invest in Spectrum Discretionary Overage Program?
Spectrum Discretionary Overage Program 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 Spectrum Discretionary Overage Program raised?
Spectrum Discretionary Overage Program reports $125,000,000 sold from 28 investors on its Form D filed Oct 6, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Spectrum Discretionary Overage Program based?
Spectrum Discretionary Overage Program is based in Boston, Massachusetts.
When did Spectrum Discretionary Overage Program launch?
Spectrum Discretionary Overage Program reports its first sale in Oct 2017.
Size compared with every private equity fund
Raised more than 74% of the 458 private equity funds based in Massachusetts, and more than 75% of all 8,864 that report sales.