Underlying assets in luxembourg securitization transactions by firminy capital sarl

•Descargar como PPTX, PDF•

0 recomendaciones•363 vistas

Based in France, Firminy Capital Sarl offers clients access to the firm’s equity fund. The fund, which encompasses financial products securitized by highly-valued assets, provides private placement opportunities that generate positive risk-return value. The protections afforded by the Luxembourg securitization laws enhance the reward opportunities for clients of Firminy Capital Sarl.

Underlying Assets in
Luxembourg Securitization
Transactions
Based in France, Firminy Capital Sarl
offers clients access to the firm’s equity
fund. The fund, which encompasses
financial products securitized by highly-
valued assets, provides private placement
opportunities that generate positive risk-
return value. The protections afforded by
the Luxembourg securitization laws
enhance the reward opportunities for
clients of Firminy Capital Sarl.

Underlying Assets in
Luxembourg Securitization
Transactions
Securitization structures in Luxembourg
provide funding for a wide variety of asset
classes. The products offered by companies
like Firminy Capital Sarl include capitalization
securities for physical assets such as aircraft,
transit systems, and real estate, as well as
intangible assets such as accounts receivable,
research and development technologies, and
intellectual property. Each of the assets
collateralized by securities in the Firminy
Equity Fund produces ongoing revenue that
equates to investor return.

Underlying Assets in
Luxembourg Securitization
Transactions
A Luxembourg securitization mechanism
safeguards the investor with protections from
bankruptcy and guarantees for the originator
of the securities. Moreover, the vehicle offers
considerable tax benefits and a favorable legal
framework for experienced investors seeking
strong returns. Because of the flexibility and
liquidity of the Luxembourg securitization
model, this market delivers steady growth
balanced by tolerable risk. To learn more
about Firminy Capital Sarl, call 352-95-05-74.

Más contenido relacionado

Más de Firminy Capital Sarl

Fermion Capital Sarl is a Luxembourg-registered alternative fund manager that manages the Fermion Equity Fund, which is made up of sub-funds linked to liabilities, assets, and debt. Under a securitization structure, Fermion Capital has set in place a system by which a custodian bank handles the assets associated with each sub-fund. The custodian’s primary role involves ensuring that each sub-fund’s assets are securely held within a bank account that has been opened for that purpose. The custodian does not hold any further responsibilities related to managing or supervising investments within the sub-funds. Fulfilling ordinary banking functions for the sub-funds, the custodian handles accounts that were opened in the management company’s name. The management company alone has the privilege of withdrawing assets from the sub-fund and making payments to third-parties using the sub-fund’s account. The custodian is complemented by a registrar and transfer agent. These enable the transfer and redemption of debt securities and units that the sub-funds issue. This ensures that debt securities and assets are handled in a predictable, transparent manner with respect to unit holders and other investment parties.

How the Custodian Bank Operates with Regards to Sub-Fund Assets

Firminy Capital Sarl

An alternative fund manager, Fermion Capital is a company based in the United States that provides auditing services. Fermion Capital also specializes in private equity investments. Private equity is an investment made in private companies with capital that is not public. Private equity can be used for buyouts of other companies but also serves as capital for investments projects or acquisitions. It can even help companies solidify their balance sheets. A private equity firm or fund consists of two parties, the limited partners and the general partners. The limited partners have limited liability and own most of the fund or company with up to 99 percent. The general partners are responsible for operating and executing the investments made by the limited partners and typically own less than five percent of the fund. Private equity is a faster capital solution for start up companies as they can avoid loans and high interest rates. Private equity firms typically invest in companies that have high growing potential in order to sell them in the future for bigger prices.

Private Equity Parties and Uses

Firminy Capital Sarl

Managing the Fermion Equity Fund, Luxembourg-registered Fermion Capital Sarl oversees a private securitization vehicle that provides debt and other asset-backed investment opportunities to investors. Fermion Capital Sarl is qualified to provide a set of services that begin with acting as a fiduciary for funds that have been established in any number of fiduciary estates. The company is also authorized to acquire an interest in foreign or Luxembourg-based companies, as well as any other types of investment. It may administrate, supervise, and develop interests through the acquisition of cash holdings and transferable securities. Able to lend or borrow, as well as issue bonds, the entity can work to develop or launch commercial or industrial businesses as strategically necessary. These activities reflect Fermion’s commitment to designing products and undertaking transactions tailored to the interests of fund participants, following specific jurisdictional and country rules and regulations. Managed funds are audited regularly, with semester reports published and provided to securitization fund participants.

Fermion Equity Fund’s Scope of Authorized Activities

Firminy Capital Sarl

Fermion Capital Sarl is a Luxembourg-registered private securitization company that manages the Fermion Equity Fund and provides investors with pathways toward asset growth. As described in the company charter, Fermion Capital Sarl operates by specific risk acquisition and management policies. The securitization fund has an objective of taking on, through its sub-funds, risks linked to debt and other liabilities and assets. These risks represent the activities undertaken by third parties, with transferable securities issued that reflect these risks, in yield or value. The sub-funds utilize derivative and risk-hedging techniques and instruments, in achieving a securitization of those assets. The management company reserves the right to acquire “any risk without restriction,” when it comes to the sub-funds’ exposure to specific assets and risk types. Neither are there restrictions when it comes to sub-funds’ geographic allocations and the type of debtors involved. At time of the launch of each sub-fund, the management company is tasked with determining the specific risk acquisition policy applicable to the sub-fund, as defined by factors such as specific regulations. Investors participate in this investment risk and returns process through rights conferred via the registered units issued.

Fermion Capital Sarl’s Risk Acquisition and Management Protocol

Firminy Capital Sarl

Registered as a securitization fund, Fermion Equity Fund is managed by Fermion Capital Sàrl. Fermion Capital exists as a direct consequence of Luxembourg’s Securitization Law of March 22, 2004, which outlines taxation requirements for a securitization company. Securitization companies based in Luxembourg are subject to taxation as if they were corporate entities. That places the effective tax rate for securitization vehicles at 29.22 percent, which consists of a 21 percent tax rate on income exceeding 15,000 euros, a Solidarity Surtax of seven percent and a Municipal Business tax rate of 6.75 percent. The tax rate can be reduced via obligations arising from payments to investors in the vehicles such as interest or dividends. However, as long as a securitization company in Luxembourg does not require a trade license, and its securities, assets, and bank balance exceed 90 percent of its balance sheet total, it is only subject to the minimum corporate taxation of 3,000 euros plus the Solidarity Surtax. Luxembourg’s double taxation agreements also benefit funds established within it; for instance, the securitization company is not liable to net wealth tax nor withholding tax on distributions to investors.

Securitization Vehicle Taxation in Luxembourg

Firminy Capital Sarl

Benefits of Setting Up a Special Limited Partnership

Firminy Capital Sarl

Understanding a Special Limited Partnership

Firminy Capital Sarl

The Importance of Securitization for Renewable Energy Projects

Firminy Capital Sarl

Luxembourg Policymakers Consider Revolutionary Renewable Energy Plan

Firminy Capital Sarl

An introduction to asset backed securities

Firminy Capital Sarl

Más de Firminy Capital Sarl (10)

How the Custodian Bank Operates with Regards to Sub-Fund Assets

Private Equity Parties and Uses

Fermion Equity Fund’s Scope of Authorized Activities

Fermion Capital Sarl’s Risk Acquisition and Management Protocol

Securitization Vehicle Taxation in Luxembourg

Benefits of Setting Up a Special Limited Partnership

Understanding a Special Limited Partnership

The Importance of Securitization for Renewable Energy Projects

Luxembourg Policymakers Consider Revolutionary Renewable Energy Plan

An introduction to asset backed securities

Underlying assets in luxembourg securitization transactions by firminy capital sarl

1. By Firminy Capital Sarl

2. Underlying Assets in Luxembourg Securitization Transactions Based in France, Firminy Capital Sarl offers clients access to the firm’s equity fund. The fund, which encompasses financial products securitized by highly- valued assets, provides private placement opportunities that generate positive risk- return value. The protections afforded by the Luxembourg securitization laws enhance the reward opportunities for clients of Firminy Capital Sarl.

3. Underlying Assets in Luxembourg Securitization Transactions Securitization structures in Luxembourg provide funding for a wide variety of asset classes. The products offered by companies like Firminy Capital Sarl include capitalization securities for physical assets such as aircraft, transit systems, and real estate, as well as intangible assets such as accounts receivable, research and development technologies, and intellectual property. Each of the assets collateralized by securities in the Firminy Equity Fund produces ongoing revenue that equates to investor return.

4. Underlying Assets in Luxembourg Securitization Transactions A Luxembourg securitization mechanism safeguards the investor with protections from bankruptcy and guarantees for the originator of the securities. Moreover, the vehicle offers considerable tax benefits and a favorable legal framework for experienced investors seeking strong returns. Because of the flexibility and liquidity of the Luxembourg securitization model, this market delivers steady growth balanced by tolerable risk. To learn more about Firminy Capital Sarl, call 352-95-05-74.

Underlying assets in luxembourg securitization transactions by firminy capital sarl

Recomendados

Recomendados

Más contenido relacionado

Más de Firminy Capital Sarl

Más de Firminy Capital Sarl (10)

Underlying assets in luxembourg securitization transactions by firminy capital sarl