A Winston Salem, North Carolina-based mortgage finance real estate investment trust has raised more than $114 million in a private equity offering, according to a Securities and Exchange Commission filing.
ACM Financial Trust Inc. filed the Form D on Jan. 11. More than 200 investors contributed to the $114,597,389 offering. The filing did not disclose what the company intends to do with the proceeds.
Founded in 1998, ACM Financial Trust is a privately held investment fund that specializes in government guaranteed residential adjustable-rate mortgage backed security management.
The company lists Frederick Boos as executive officer and Michael Hough, Benjamin Hough and William Gibbs as directors in its filing.
Companies, like ACM Financial Trust, 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.
The form can be found here.

