News Column

FUTURES PORTFOLIO FUND L.P. FILES (8-K) Disclosing Unregistered Sale of Equity Securities

May 5, 2014



Item 3.02 Unregistered Sales of Equity Securities On May 1, 2014, Futures Portfolio Fund, Limited Partnership (the "Fund ") sold Class A, Class B and Class I limited partnership interests ("Units") to new and/or existing limited partners of Registrant in transactions that were not registered under the Securities Act of 1933, as amended (the "Securities Act"). The aggregate consideration for Class A Units sold on May 1, 2014 was $2,437,938 in cash. The aggregate consideration for Class B Units sold on May 1, 2014 was $896,974 in cash. The Units were issued by the Fund in reliance upon an exemption from registration under the Securities Act set forth in Section 4(2) of the Securities Act, as transactions not constituting a public offering of securities because the Units were issued privately pursuant to Rule 506 of SEC Regulation D without general solicitation or advertising.


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Source: Edgar Glimpses