ELLICOTT CITY, MD – Cicero Capital Partners, the Maryland-based investment adviser, raised an additional $5.75 million for an alternative asset fund, according to a filing with the Securities and Exchange Commission.
The Form D was an amendment to a March 2015 filing in which Cicero raised $2.57 million. The additional $5.75 million was raised by three investors, bringing the total offering amount to $8.325 million.
According to the filing, the funds will be used as part of a pooled investment hedge fund, issued under CCP Alternative Asset Fund LP . Cicero intends for the offering to last more than a year, with a minimum investment amount of $250,000.
The form was signed by Robert Neighoff, the managing partner at Cicero Capital Partners.
Cicero specializes in alternative asset management strategies, with expertise in commercial real estate assets, mortgage backed securities, agency mortgages and other public and private real estate related securities and investments.
Private companies such as Cicero Capital Partners, which rely on a Reg D exemption, are not required to register securities offerings with the SEC, but instead they must file a Form D electronically with the SEC after they sell the securities.
This story is from the Maryland Business News Wire, a service of UNC-Chapel Hill’s School of Media and Journalism