Term Fund 2019 is a private investment fund based in New York, New York. According to its most recent Form D, filed Jan 17, 2019, it has sold $2,709,459,885 of interests to 39 investors since its first sale in Jan 2015. 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 Michael Twohig; Jesse Cole; Kenneth Topping.
- Total raised
- $2,709,459,885Cumulative sales reported on Form D
- Investors
- 39
- First sale
- Jan 2, 2015
- 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
- Michael Twohig; Jesse Cole; Kenneth Topping
- Latest Form D
- Jan 17, 2019
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 2019
What is the minimum investment for Term Fund 2019?
According to its latest Form D, filed Jan 17, 2019, the minimum investment Term Fund 2019 accepts from an outside investor is $5,000,000.
Who can invest in Term Fund 2019?
Term Fund 2019 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 2019 raised?
Term Fund 2019 reports $2,709,459,885 sold from 39 investors on its Form D filed Jan 17, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Term Fund 2019 based?
Term Fund 2019 is based in New York, New York.
When did Term Fund 2019 launch?
Term Fund 2019 reports its first sale in Jan 2015.
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.