CROWN CAPITAL (FCR)
The Crown Capital (FCR) is a Venture Capital fund, whose capital is intended to be invested in the acquisition of equity instruments or equity equivalent instruments and debt instruments, of micro, small and medium sized enterprises, with high growth and expansion potential, in their constitution phase or initial phase of their business development, and whose capitalization plan is deemed viable, with the view of benefiting from the relevant appreciation. (Extracted from Article 2 of the Management Regulations for Crown Capital)
The Fund’s Capital offered for subscription of investors is up to € 50,000,000.00 (fifty million euros), represented by 50,000 (fifty thousand) Units, with a subscription price of € 1,000 (one thousand euros) each. (Extracted from Article 5 of the Management Regulations for Crown Capital)
The Fund Units to be offered shall be the following:
- 50 (fifty) Category A Units with a subscription price of € 1,000.00 (one thousand Euros) each;
- 49,500 (forty-nine thousand nine hundred and fifty) Category B Units with a subscription price of € 1,000.00 (one thousand Euros) each.
The Category A Units are exclusively subscribed by Professional Clients who, at the sole discretion of the Management Entity, may bring added value to the Fund. Category A Investors are required to invest at least € 50,000, and are entitled to receive notice of, attend, participate and vote at any General Meeting of the Fund.
The Category B Units are subscribed by Professional or Non-Professional Clients, and are entitled to receive notice of, attend and participate at any General Meeting of the Fund, but without voting rights. (For more information please refer to Article 10 of the Management Regulations for Crown Capital)