RALEIGH — SharpVue Capital, Medical Mutual’s Raleigh-based asset management subsidiary, has raised $38.3 million, according to a filing with the Securities and Exchange Commission.
SharpVue Capital
SharpVue filed the form on Feb. 26. According to the filing, the company raised its funds through equity and pooled investment fund interests, which will be used to invest in other companies. The Opportunity Fund is a private credit and equity fund for qualified investors.
SharpVue provides its clients with wealth and asset management offerings based on its collective experience and specialized expertise.
Its core solutions focus on institutional consulting, private credit and equity, real estate and wealth management.
Douglas A. Vaughn, managing director of SharpVue, leads SharpVue’s private credit and equity investment fund.
Prior to joining SharpVue, he served as senior managing director, co-head of investment group and management and investment committee member at Triangle Capital Corp., a publicly traded business development company with over $1.2 billion of assets under management.
SharpVue reported an additional $7.2 million raised in its second Form D filing from Feb. 26. The funds were raised through equity and pooled investment fund interests to 33 investors.
In 2017, SharpVue announced the closing of its first real estate private equity fund after securing $72 million in total investment commitments.
Companies relying on a Reg D exemption do not have to register their offering of securities with the SEC, but they must file what’s known as a Form D electronically with the SEC after they first sell their securities.
This story is from the North Carolina Business News Wire, a service of the UNC-Chapel Hill School of Media and Journalism
