DPC advises NEVEQ in setting up the New Vision 3 alternative investment fund
09 October 2019
DPC’ interdisciplinary team of experts provided full legal assistance to one of the firm’s loyal partners - NEVEQ - in setting up a new alternative investment fund (AIF) for collective investment. This form was unknown until now on the Bulgarian capital market.
New Vision 3 (NV3) is targeted at start-up hi-tech companies and aims to support innovative business ideas with both funding and mentoring as well as with management advice. Large part of the AIF financing originates from EU funds, whereas the rest is funded by private investors, both local and international.
DPC’s lawyers worked on the structuring of the EUR 23.2 million AIF and on the client’s registration as Alternative Investment Fund Manager with the Bulgarian Financial Supervision Commission. DPC continue to assist NV3 in targets selection and processing of the Fund’s first investments.« Previous Next »