Ohio's 7th congressional district representative, Max Miller, has made a notable investment in the RAC Opportunity Fund II, LP (GLAS Funds, LP). The transaction occurred on September 10, 2024, and was promptly reported on the same day.
The investment was made through a capital call, a demand for the payment of a promised contribution to the fund. The transaction value falls within the range of $1,001 to $15,000. The exact amount, as specified in the report, was $2,841.83.
This investment was made as part of Miller's 2012 Trust, a type of investment vehicle designed to manage and protect assets. Trusts are often used to ensure the efficient transfer of assets to beneficiaries, reduce estate taxes, or donate to charity.
The RAC Opportunity Fund II, LP (GLAS Funds, LP) falls under the category of Hedge Funds & Private Equity Funds (non-EIF), according to the transaction type codes provided in the congressional trade report.
It's important to note that the investment was a purchase, indicating a positive outlook or an investment opportunity seen by the congressperson in the fund.
This transaction provides a glimpse into the investment strategies and decisions of one of our nation's lawmakers. It's a reminder that congresspersons, like any other investors, seek to diversify their portfolios and invest in opportunities that align with their financial goals.
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