Term Fund 2017 is a private investment fund based in New York. According to its most recent Form D, filed Dec 19, 2016, it has sold $4,216,328,382 of interests to 66 investors since its first sale in Dec 2012. 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 John Axtell; Adam Lane; Walter Haydock.
- Total raised
- $4,216,328,382Cumulative sales reported on Form D
- Investors
- 66
- First sale
- Dec 31, 2012
- 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
- John Axtell; Adam Lane; Walter Haydock
- Latest Form D
- Dec 19, 2016
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 2017
What is the minimum investment for Term Fund 2017?
According to its latest Form D, filed Dec 19, 2016, the minimum investment Term Fund 2017 accepts from an outside investor is $5,000,000.
Who can invest in Term Fund 2017?
Term Fund 2017 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 2017 raised?
Term Fund 2017 reports $4,216,328,382 sold from 66 investors on its Form D filed Dec 19, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Term Fund 2017 based?
Term Fund 2017 is based in New York.
When did Term Fund 2017 launch?
Term Fund 2017 reports its first sale in Dec 2012.