From OCTAS TAFF

China Everbright Reinfore Special Opportunities Fund Financing

China Everbright Reinfore Special Opportunities Fund, L.P., Limited Partnership just released form D about $200.00 million financing. China Everbright Reinfore Special Opportunities Fund was able to sell $75.10 million so far. That is 37.55% of the offering. The total private offering amount was $200.00 million. The financing form was filled on 2015-05-05. The reason for the financing was: unspecified. The fundraising still has about $124.90 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

China Everbright Reinfore Special Opportunities Fund is based in Cayman Islands. The company’s business is Pooled Investment Fund. The SEC form was submitted by Fang Xu Director. The company was incorporated in 2013. The filler’s address is: C/O Maples Corporate Services Limited, Ugland House, Grand Cayman, E9, Cayman Islands, Ky1-1104. – China Everbright Reinfore Special Opportunities Fund Gp, L.P. is the related person in the form and it has address: C/O Maples Corporate Services Limited, P.O. Box 309, Ugland House, Grand Cayman, E9, Cayman Islands, Ky1-1104.

Analysis of China Everbright Reinfore Special Opportunities Fund Offering

On average, firms in the Pooled Investment Fund sector, sell 37.80% of the total offering size. China Everbright Reinfore Special Opportunities Fund sold 37.55% of the offering. The fundraising is still open. The average investment size for companies in the Pooled Investment Fund industry is $24.76 million. The total amount raised is 203.37% bigger than the average for companies in the Pooled Investment Fund sector. The minimum investment for this fundraising was set at $5000000. If you know more about the reasons for the fundraising, please comment below.
What is Form D? What It Is 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.

Why Fundraising Reporting Is Good For China Everbright Reinfore Special Opportunities Fund Also

Despite Fang Xu’s reporting disadvantages, China Everbright Reinfore Special Opportunities Fund, L.P. could benefit from this reporting. First, it helps potential customers feel more safe to deal with a firm that is well financed. The odds are higher that it will stay in the business. Second, this could attract other investors such as venture-capital firms, funds and angels. Third, positive PR effects could even bring leasing firms and venture lenders.

For more on this story go to: http://www.octafinance.com/china-everbright-reinfore-special-opportunities-fund-just-filled-form-d-about-200-00-million-financing/40316/#ixzz3ZJtlcr00