Private Investment Fund

(redirected from Private Investment Companies)

Private Investment Fund

An investment company with fewer than 100 investors, no intention of making a public offering, and members who have a significant amount of funds invested elsewhere. Under section 3C1 of the Investment Company Act of 1940, private investment funds are not required to register with the SEC. These companies usually have very wealthy individual investors who are thought to be sufficiently knowledgeable about the market so as not to require the same oversight other investors and companies need. A hedge fund is a common example of a private investment fund. It is also called a private investment company.
References in periodicals archive ?
The AICPA has created a task force to develop guidance related to the implementation by private investment companies of certain provisions of the AICPA Audit and Accounting Guide Audits of Investment Companies.
For larger projects, the President wants Congress to create an America's Private Investment Companies (APIC) for projects requiring up to $300 million in investment.
Employees can choose among 21 competing private investment companies similar to mutual funds.
Both groups are private investment companies active in the People's Republic of China especially in the Shanghai real estate market.
Holtby is President and CEO of two private investment companies, Arbutus Road and MKC Capital.
First, two private investment companies have collectively assumed a majority stake in GE's global business-processing unit, Gecis.
Stern is a Partner and Co-founder of Thayer Capital Partners, and Arlington Capital Partners, private investment companies.
He is also a managing member of M Capital LLC and related private investment companies.
5 million shares and granted an option on an additional 3 million shares to two private investment companies, Western Eagle Resources Corporation and WMDC Investments Ltd.
Relizon was created in August 2000 when The Reynolds and Reynolds Company sold its Information Solutions Group to The Carlyle Group, one of the world's largest private investment companies, with more than $13 billion in assets under management.
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