Cayman Islands: Nantucket Institutional Fund Cayman spc
Just Filed Form D Announcing $5.00 billion Financing
Nantucket Institutional Fund Cayman spc, Corporation just filed form D regarding $5.00 billion financing. Nantucket Institutional Fund Cayman spc was able to sell $95.52 million. That is 1.91% of the offering. The total offering amount was $5.00 billion. The reason for the financing was: Total Amount Sold is sum of investor net capital account balances in Nantucket Institutional Fund (Cayman) SPC at 12/31/2014. This NAV differs slightly from that reported in ADV-I / Form PF due to final versus prelim mgr perf..
Nantucket Institutional Fund Cayman spc is based in Massachusetts. The filer’s business is Pooled Investment Fund. The form was signed by Elizabeth A. Greenstone Chief Compliance Officer.
What is Form D & Financing Information Used For
Form D disclosures could be used to track and understand better your competitors. The information in Form D is usually highly confidential for ventures and startups and they don’t like revealing it. This is because it reveals amount raised or planned to be raised as well as reasons for the financing. This could help competitors. Entrepreneurs usually want to keep their financing a ‘secret’ so they can stay in stealth mode for longer.
For more on this story go to:: http://www.octafinance.com/nantucket-institutional-fund-cayman-spc-just-filed-form-d-announcing-5-00-billion-financing/28773/#ixzz3XUgSlPuM
IMAGE: www.ecu.edu