Venture Capital Entity, formerly Alternative Fund or Mini Fund under § 15 ZISIF

CNB Registration

Who Needs the Registration?

Any legal entity that wishes to perform asset management activities comparable to portfolio management, i.e., activities involving the collection of funds from a limited group of investors for the purpose of joint investment based on a designated investment strategy.

An alternative fund is designed for a limited number of retail investors and an unlimited number of qualified investors. A qualified investor must invest at least 125,000 EUR, and the manager evaluates, based on a completed investment questionnaire, whether the investment corresponds to their financial background, investment objectives, and expertise or experience in investment.

An alternative fund can invest in any assets, including shares, bonds, funds, ETFs, derivatives, commodities, and crypto-assets.

Examples of alternative funds listed in the CNB register include AVANT GROUP SICAV, Pro arte, and STARTEEPO.

Why Choose Our Law Firm?

We have already processed dozens of CNB licenses or registrations in the financial services sector.
We handle CNB licensing daily.
We maintain close contact with CNB staff and are thoroughly familiar with the registration process, including unwritten rules and customs.
We efficiently guide clients through the entire CNB registration procedure.
Subsequently, we provide comprehensive services in Compliance, AML, Risk Management (particularly operational risks), internal audit, CNB reporting, and accounting management.

How Does the Registration Process Work?

We assign you a project manager who will guide you through the entire registration process with the CNB.
We prepare a complete registration application and all necessary attachments.
We develop the fund statute with a comprehensive investment strategy, client contractual documentation, investor agreements, GDPR, and anti-money laundering (AML/CFT) measures.