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ARTICLE · 01 JUNE 2015

MFSA Approves Italo SICAV As Loan Fund

MFSA – Malta Financial Services Authority
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A Collective Investment Scheme licence was issued to Italo SICAV plc on 18th May 2015.

MaltaFinance and Banking
MFSA – Malta Financial Services Authority
MFSA – Malta Financial Services Authority
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A Collective Investment Scheme licence was issued to Italo SICAV plc on 18th May 2015. The licence was issued in respect of the Scheme's first sub-fund, the Sentinel Fund, in accordance with the Standard Licence Conditions applicable to Collective Investment Schemes authorised to Invest through Loans (the "Loan Fund Rules").

The Scheme is the first Loan Fund to be established as an Alternative Investment Fund targeting professional investors in terms of article 6 of the Investment Services Act 1994 and will be managed by Gamma Capital Markets Limited in compliance with Alternative Investment Fund Managers Directive ("AIFMD") . The Fund's Investment Advisor is CNF Finanziaria SpA whilst the Master Servicer is Credit Network & Finance SRL.

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