SlideShare a Scribd company logo
1 of 3
๏‚ž Based in Luxembourg, Firminy Capital Sarl offers
securities funds management and fiduciary
services. Founded in 2007, Firminy Capital Sarl
manages the Firminy Equity Fund, a private
securitization fund, with the goal of completing
profitable and safe securitizations for its clients.
Illiquid assets cannot be quickly sold without
the risk of significant loss. Securitization offers a
powerful opportunity to anyone in possession
of illiquid assets, protecting these assets by
transforming them into securities.
๏‚ž A security is a financial instrument that is both
fungible and negotiable and that signifies some form
of financial value; examples of securities are stocks
and bonds. Through financial engineering,
securitization turns illiquid assets into securities (viz.
liquid assets) that can be more readily bought and
sold without losing value.
To accomplish securitization, an issuer must combine
an illiquid asset with other financial assets to create a
new, single financial instrument. Next, the issuer must
repackage this financial instrument into segments.
Finally, the issuer must successfully market these
repackaged segments to investors.

More Related Content

Viewers also liked (10)

ITFT - Securitization
ITFT - SecuritizationITFT - Securitization
ITFT - Securitization
ย 
63ab1securitization(New)
63ab1securitization(New)63ab1securitization(New)
63ab1securitization(New)
ย 
Alhuda CIBE - Securitization by Muhammad Imran Usmani
Alhuda CIBE - Securitization by Muhammad Imran UsmaniAlhuda CIBE - Securitization by Muhammad Imran Usmani
Alhuda CIBE - Securitization by Muhammad Imran Usmani
ย 
Asset Backed Securitization
Asset Backed SecuritizationAsset Backed Securitization
Asset Backed Securitization
ย 
Asset securitization
Asset securitizationAsset securitization
Asset securitization
ย 
Securitisation
SecuritisationSecuritisation
Securitisation
ย 
Securitization
Securitization Securitization
Securitization
ย 
Securitization presentation
Securitization presentationSecuritization presentation
Securitization presentation
ย 
Securitization of assets
Securitization of assets Securitization of assets
Securitization of assets
ย 
Presentation on securitization
Presentation on securitizationPresentation on securitization
Presentation on securitization
ย 

More from Firminy Capital Sarl

An introduction to asset backed securities
An introduction to asset backed securitiesAn introduction to asset backed securities
An introduction to asset backed securities
Firminy Capital Sarl
ย 

More from Firminy Capital Sarl (12)

How the Custodian Bank Operates with Regards to Sub-Fund Assets
How the Custodian Bank Operates with Regards to Sub-Fund AssetsHow the Custodian Bank Operates with Regards to Sub-Fund Assets
How the Custodian Bank Operates with Regards to Sub-Fund Assets
ย 
Private Equity Parties and Uses
Private Equity Parties and UsesPrivate Equity Parties and Uses
Private Equity Parties and Uses
ย 
Fermion Equity Fundโ€™s Scope of Authorized Activities
Fermion Equity Fundโ€™s Scope of Authorized ActivitiesFermion Equity Fundโ€™s Scope of Authorized Activities
Fermion Equity Fundโ€™s Scope of Authorized Activities
ย 
Fermion Capital Sarlโ€™s Risk Acquisition and Management Protocol
Fermion Capital Sarlโ€™s Risk Acquisition and Management ProtocolFermion Capital Sarlโ€™s Risk Acquisition and Management Protocol
Fermion Capital Sarlโ€™s Risk Acquisition and Management Protocol
ย 
Securitization Vehicle Taxation in Luxembourg
Securitization Vehicle Taxation in LuxembourgSecuritization Vehicle Taxation in Luxembourg
Securitization Vehicle Taxation in Luxembourg
ย 
Benefits of Setting Up a Special Limited Partnership
Benefits of Setting Up a Special Limited PartnershipBenefits of Setting Up a Special Limited Partnership
Benefits of Setting Up a Special Limited Partnership
ย 
Understanding a Special Limited Partnership
Understanding a Special Limited PartnershipUnderstanding a Special Limited Partnership
Understanding a Special Limited Partnership
ย 
The Importance of Securitization for Renewable Energy Projects
The Importance of Securitization for Renewable Energy ProjectsThe Importance of Securitization for Renewable Energy Projects
The Importance of Securitization for Renewable Energy Projects
ย 
Luxembourg Policymakers Consider Revolutionary Renewable Energy Plan
Luxembourg Policymakers Consider Revolutionary Renewable Energy PlanLuxembourg Policymakers Consider Revolutionary Renewable Energy Plan
Luxembourg Policymakers Consider Revolutionary Renewable Energy Plan
ย 
Purdue University Receives Grant to Study Alternative Energy
Purdue University Receives Grant to Study Alternative EnergyPurdue University Receives Grant to Study Alternative Energy
Purdue University Receives Grant to Study Alternative Energy
ย 
Characteristics of Securitized Assets
Characteristics of Securitized AssetsCharacteristics of Securitized Assets
Characteristics of Securitized Assets
ย 
An introduction to asset backed securities
An introduction to asset backed securitiesAn introduction to asset backed securities
An introduction to asset backed securities
ย 

Recently uploaded

VIP Kalyan Call Girls ๐ŸŒ 9920725232 ๐ŸŒ Make Your Dreams Come True With Mumbai E...
VIP Kalyan Call Girls ๐ŸŒ 9920725232 ๐ŸŒ Make Your Dreams Come True With Mumbai E...VIP Kalyan Call Girls ๐ŸŒ 9920725232 ๐ŸŒ Make Your Dreams Come True With Mumbai E...
VIP Kalyan Call Girls ๐ŸŒ 9920725232 ๐ŸŒ Make Your Dreams Come True With Mumbai E...
roshnidevijkn ( Why You Choose Us? ) Escorts
ย 
VIP Independent Call Girls in Taloja ๐ŸŒน 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Taloja ๐ŸŒน 9920725232 ( Call Me ) Mumbai Escorts ...VIP Independent Call Girls in Taloja ๐ŸŒน 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Taloja ๐ŸŒน 9920725232 ( Call Me ) Mumbai Escorts ...
dipikadinghjn ( Why You Choose Us? ) Escorts
ย 
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
9953056974 Low Rate Call Girls In Saket, Delhi NCR
ย 
Call Girls Service Pune โ‚น7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...
Call Girls Service Pune โ‚น7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...Call Girls Service Pune โ‚น7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...
Call Girls Service Pune โ‚น7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...
roshnidevijkn ( Why You Choose Us? ) Escorts
ย 
VIP Call Girl in Mumbai ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
VIP Call Girl in Mumbai ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday Wit...VIP Call Girl in Mumbai ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
VIP Call Girl in Mumbai ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
dipikadinghjn ( Why You Choose Us? ) Escorts
ย 
VIP Call Girl in Mumbai Central ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Ever...
VIP Call Girl in Mumbai Central ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Ever...VIP Call Girl in Mumbai Central ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Ever...
VIP Call Girl in Mumbai Central ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Ever...
dipikadinghjn ( Why You Choose Us? ) Escorts
ย 
VIP Call Girl Service Andheri West โšก 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West โšก 9920725232 What It Takes To Be The Best ...VIP Call Girl Service Andheri West โšก 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West โšก 9920725232 What It Takes To Be The Best ...
dipikadinghjn ( Why You Choose Us? ) Escorts
ย 
VIP Independent Call Girls in Bandra West ๐ŸŒน 9920725232 ( Call Me ) Mumbai Esc...
VIP Independent Call Girls in Bandra West ๐ŸŒน 9920725232 ( Call Me ) Mumbai Esc...VIP Independent Call Girls in Bandra West ๐ŸŒน 9920725232 ( Call Me ) Mumbai Esc...
VIP Independent Call Girls in Bandra West ๐ŸŒน 9920725232 ( Call Me ) Mumbai Esc...
dipikadinghjn ( Why You Choose Us? ) Escorts
ย 
VIP Call Girl in Mira Road ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday ...VIP Call Girl in Mira Road ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday ...
dipikadinghjn ( Why You Choose Us? ) Escorts
ย 

Recently uploaded (20)

W.D. Gann Theory Complete Information.pdf
W.D. Gann Theory Complete Information.pdfW.D. Gann Theory Complete Information.pdf
W.D. Gann Theory Complete Information.pdf
ย 
Vip Call US ๐Ÿ“ž 7738631006 โœ…Call Girls In Sakinaka ( Mumbai )
Vip Call US ๐Ÿ“ž 7738631006 โœ…Call Girls In Sakinaka ( Mumbai )Vip Call US ๐Ÿ“ž 7738631006 โœ…Call Girls In Sakinaka ( Mumbai )
Vip Call US ๐Ÿ“ž 7738631006 โœ…Call Girls In Sakinaka ( Mumbai )
ย 
Top Rated Pune Call Girls Sinhagad Road โŸŸ 6297143586 โŸŸ Call Me For Genuine S...
Top Rated  Pune Call Girls Sinhagad Road โŸŸ 6297143586 โŸŸ Call Me For Genuine S...Top Rated  Pune Call Girls Sinhagad Road โŸŸ 6297143586 โŸŸ Call Me For Genuine S...
Top Rated Pune Call Girls Sinhagad Road โŸŸ 6297143586 โŸŸ Call Me For Genuine S...
ย 
falcon-invoice-discounting-unlocking-prime-investment-opportunities
falcon-invoice-discounting-unlocking-prime-investment-opportunitiesfalcon-invoice-discounting-unlocking-prime-investment-opportunities
falcon-invoice-discounting-unlocking-prime-investment-opportunities
ย 
VIP Kalyan Call Girls ๐ŸŒ 9920725232 ๐ŸŒ Make Your Dreams Come True With Mumbai E...
VIP Kalyan Call Girls ๐ŸŒ 9920725232 ๐ŸŒ Make Your Dreams Come True With Mumbai E...VIP Kalyan Call Girls ๐ŸŒ 9920725232 ๐ŸŒ Make Your Dreams Come True With Mumbai E...
VIP Kalyan Call Girls ๐ŸŒ 9920725232 ๐ŸŒ Make Your Dreams Come True With Mumbai E...
ย 
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
ย 
VIP Independent Call Girls in Taloja ๐ŸŒน 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Taloja ๐ŸŒน 9920725232 ( Call Me ) Mumbai Escorts ...VIP Independent Call Girls in Taloja ๐ŸŒน 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Taloja ๐ŸŒน 9920725232 ( Call Me ) Mumbai Escorts ...
ย 
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
ย 
(Sexy Sheela) Call Girl Mumbai Call Now ๐Ÿ‘‰9920725232๐Ÿ‘ˆ Mumbai Escorts 24x7
(Sexy Sheela) Call Girl Mumbai Call Now ๐Ÿ‘‰9920725232๐Ÿ‘ˆ Mumbai Escorts 24x7(Sexy Sheela) Call Girl Mumbai Call Now ๐Ÿ‘‰9920725232๐Ÿ‘ˆ Mumbai Escorts 24x7
(Sexy Sheela) Call Girl Mumbai Call Now ๐Ÿ‘‰9920725232๐Ÿ‘ˆ Mumbai Escorts 24x7
ย 
Call Girls Service Pune โ‚น7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...
Call Girls Service Pune โ‚น7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...Call Girls Service Pune โ‚น7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...
Call Girls Service Pune โ‚น7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...
ย 
VIP Call Girl in Mumbai ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
VIP Call Girl in Mumbai ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday Wit...VIP Call Girl in Mumbai ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
VIP Call Girl in Mumbai ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
ย 
Business Principles, Tools, and Techniques in Participating in Various Types...
Business Principles, Tools, and Techniques  in Participating in Various Types...Business Principles, Tools, and Techniques  in Participating in Various Types...
Business Principles, Tools, and Techniques in Participating in Various Types...
ย 
VIP Call Girl in Mumbai Central ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Ever...
VIP Call Girl in Mumbai Central ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Ever...VIP Call Girl in Mumbai Central ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Ever...
VIP Call Girl in Mumbai Central ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Ever...
ย 
Vasai-Virar Fantastic Call Girls-9833754194-Call Girls MUmbai
Vasai-Virar Fantastic Call Girls-9833754194-Call Girls MUmbaiVasai-Virar Fantastic Call Girls-9833754194-Call Girls MUmbai
Vasai-Virar Fantastic Call Girls-9833754194-Call Girls MUmbai
ย 
VIP Call Girl Service Andheri West โšก 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West โšก 9920725232 What It Takes To Be The Best ...VIP Call Girl Service Andheri West โšก 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West โšก 9920725232 What It Takes To Be The Best ...
ย 
VIP Independent Call Girls in Bandra West ๐ŸŒน 9920725232 ( Call Me ) Mumbai Esc...
VIP Independent Call Girls in Bandra West ๐ŸŒน 9920725232 ( Call Me ) Mumbai Esc...VIP Independent Call Girls in Bandra West ๐ŸŒน 9920725232 ( Call Me ) Mumbai Esc...
VIP Independent Call Girls in Bandra West ๐ŸŒน 9920725232 ( Call Me ) Mumbai Esc...
ย 
Diva-Thane European Call Girls Number-9833754194-Diva Busty Professional Call...
Diva-Thane European Call Girls Number-9833754194-Diva Busty Professional Call...Diva-Thane European Call Girls Number-9833754194-Diva Busty Professional Call...
Diva-Thane European Call Girls Number-9833754194-Diva Busty Professional Call...
ย 
Kharghar Blowjob Housewife Call Girls NUmber-9833754194-CBD Belapur Internati...
Kharghar Blowjob Housewife Call Girls NUmber-9833754194-CBD Belapur Internati...Kharghar Blowjob Housewife Call Girls NUmber-9833754194-CBD Belapur Internati...
Kharghar Blowjob Housewife Call Girls NUmber-9833754194-CBD Belapur Internati...
ย 
VIP Call Girl in Mira Road ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday ...VIP Call Girl in Mira Road ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday ...
ย 
Top Rated Pune Call Girls Viman Nagar โŸŸ 6297143586 โŸŸ Call Me For Genuine Sex...
Top Rated  Pune Call Girls Viman Nagar โŸŸ 6297143586 โŸŸ Call Me For Genuine Sex...Top Rated  Pune Call Girls Viman Nagar โŸŸ 6297143586 โŸŸ Call Me For Genuine Sex...
Top Rated Pune Call Girls Viman Nagar โŸŸ 6297143586 โŸŸ Call Me For Genuine Sex...
ย 

Understanding Securitization

  • 1.
  • 2. ๏‚ž Based in Luxembourg, Firminy Capital Sarl offers securities funds management and fiduciary services. Founded in 2007, Firminy Capital Sarl manages the Firminy Equity Fund, a private securitization fund, with the goal of completing profitable and safe securitizations for its clients. Illiquid assets cannot be quickly sold without the risk of significant loss. Securitization offers a powerful opportunity to anyone in possession of illiquid assets, protecting these assets by transforming them into securities.
  • 3. ๏‚ž A security is a financial instrument that is both fungible and negotiable and that signifies some form of financial value; examples of securities are stocks and bonds. Through financial engineering, securitization turns illiquid assets into securities (viz. liquid assets) that can be more readily bought and sold without losing value. To accomplish securitization, an issuer must combine an illiquid asset with other financial assets to create a new, single financial instrument. Next, the issuer must repackage this financial instrument into segments. Finally, the issuer must successfully market these repackaged segments to investors.