SharpVue Capital Raises $13M

11/20/17

Investment management company SharpVue Capital has raised $13 million in pooled investment fund interests, according to a Monday filing with the Securities and Exchange Commission.

SharpVue raised the money from 89 investors, according to the filing. The company has met its goal of $13 million with this offering.

The filing does not disclose what the money will be used for.

SharpVue was created by Raleigh-based Medical Mutual Holdings, the corporate parent of Medical Mutual Insurance Co. of North Carolina.

SharpVue invests in a mix of exchange-traded funds, private equity funds and real estate.

The company, founded in 2016, was established as an extension of Medical Mutual’s past efforts to diversify its investments.

Medical Mutual committed $100 million to SharpVue in the beginning of 2016.

The company is led by former state budget director Lee Roberts, Matt Mongia and Geremy Connor.

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.

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