GREENSBORO – A private equity fund operated by Greensboro-based Trent Capital Management has raised nearly $950,000 from investors, according to a filing Tuesday with the Securities and Exchange Commission.
3D Tech Plus raised $947,585 from 14 investors, according to the filing.
The minimum investment in the fund is $50,000, and 80 percent of the fund’s investors are from the Triad area, according to an April 2017 story in the Triad Business Journal.
The fund had earlier raised $2.8 million from 34 investors in 2013, according to another filing. It aims to make investments in 3-D printing technology companies.
The filing was signed by David Labiak, who is Trent Capital’s senior portfolio manager and chief financial officer.
Labiak assists the chief investment officer in equity evaluation and research, manages accounting systems and computer operations. He is also responsible for implementing strategic planning and assumes many client-related responsibilities including portfolio reviews.
Prior to joining Trent Capital, Labiak was employed by Belk Stores Services in its audit department. He received his bachelor degree in accounting from the University of North Carolina at Charlotte, later obtaining his MBA from the Walker College of Business at Appalachian State University.
Companies relying on a Reg D exemption, aren’t 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.
Note: This story is from the North Carolina Business News Wire, a service of the UNC-Chapel Hill School of Media and Journalism