What does Private Placement mean? Read on to discover the definition & meaning of the term Private Placement - to help you better understand the language used in insurance policies.
An investment opportunity involving the sale of stock to investors, for which the normal, more involved, registration requirement with the Securities and Exchange Commission (SEC) is waived. Typically, detailed information concerning such investments must be provided to the SEC. However, in recent years, a number of group captive insurers have been exempted from such filing requirements and were formed by means of private placements.
We hope the you have a better understanding of the meaning of Private Placement.