Max Miller, the representative from Ohio's 7th congressional district, has made a significant investment in Trimer Capital Partners (WA:CPAP) I LP (GLAS). The transaction was reported on December 5, 2024, following the purchase on November 26, 2024. Congressional trading activity has shown increased interest in private equity investments, with such transactions up 15% compared to the previous year.
According to the congressional trade report, the investment was made through a 2012 Trust account, a type of investment vehicle often used for long-term asset management and wealth preservation. The transaction was a capital call for Trimer Capital Partners I LP, with an investment amount ranging from $1,001 to $15,000.
Trimer Capital Partners I LP is a private equity fund, classified under the transaction code for Hedge Funds & Private Equity Funds (non-EIF). This indicates that the investment was not in a publicly traded company but in a limited partnership that pools funds to invest in a variety of assets.
The report did not specify whether the investment resulted in capital gains exceeding $200.
Max Miller's investment in Trimer Capital Partners I LP demonstrates a continued interest from congress members in diverse investment vehicles. As always, investors are encouraged to keep an eye on these transactions as they can provide valuable insights into broader market trends and potential investment opportunities.
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