Term Fund 2024 is a private investment fund based in New York, New York. According to its most recent Form D, filed Feb 20, 2024, it has sold $2,488,759,847 of interests to 39 investors since its first sale in Jan 2020. 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 Huw Roberts; Erik Karpinski; Goldman Sachs Trust Company, N.A.
- Total raised
- $2,488,759,847Cumulative sales reported on Form D
- Investors
- 39
- First sale
- Jan 2, 2020
- 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
- Huw Roberts; Erik Karpinski; Goldman Sachs Trust Company, N.A
- Latest Form D
- Feb 20, 2024
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 2024
What is the minimum investment for Term Fund 2024?
According to its latest Form D, filed Feb 20, 2024, the minimum investment Term Fund 2024 accepts from an outside investor is $5,000,000.
Who can invest in Term Fund 2024?
Term Fund 2024 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 2024 raised?
Term Fund 2024 reports $2,488,759,847 sold from 39 investors on its Form D filed Feb 20, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Term Fund 2024 based?
Term Fund 2024 is based in New York, New York.
When did Term Fund 2024 launch?
Term Fund 2024 reports its first sale in Jan 2020.
Size compared with every private investment fund
Raised more than 97% of the 2,804 private investment funds based in New York, and more than 97% of all 10,190 that report sales.