Term Fund 2014 is a private investment fund based in New York, New York. According to its most recent Form D, filed Nov 26, 2014, it has sold $2,160,549,536 of interests to 45 investors since its first sale in Apr 2011. The minimum investment it accepts from an outside investor is $5,000,000. 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 Scott McHugh; Goldman Sachs Trust Company, N.A; Rachel Schnoll.
- Total raised
- $2,160,549,536Cumulative sales reported on Form D
- Investors
- 45
- First sale
- Apr 27, 2011
- Minimum investment
- $5,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Scott McHugh; Goldman Sachs Trust Company, N.A; Rachel Schnoll
- Latest Form D
- Nov 26, 2014
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 Term Fund 2014
What is the minimum investment for Term Fund 2014?
According to its latest Form D, filed Nov 26, 2014, the minimum investment Term Fund 2014 accepts from an outside investor is $5,000,000.
Who can invest in Term Fund 2014?
Term Fund 2014 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 Term Fund 2014 raised?
Term Fund 2014 reports $2,160,549,536 sold from 45 investors on its Form D filed Nov 26, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Term Fund 2014 based?
Term Fund 2014 is based in New York, New York.
When did Term Fund 2014 launch?
Term Fund 2014 reports its first sale in Apr 2011.
Size compared with every private investment fund
Raised more than 97% of the 2,822 private investment funds based in New York, and more than 97% of all 10,255 that report sales.