{"id":42617,"date":"2015-03-20T00:00:00","date_gmt":"2015-03-19T23:00:00","guid":{"rendered":"https:\/\/techma.bakertilly.es\/la-nueva-ley-de-capital-riesgo-europeo-permitira-invertir-en-el-sector-inmobiliario-firmas-cotizadas\/"},"modified":"2025-03-12T11:34:37","modified_gmt":"2025-03-12T10:34:37","slug":"la-nueva-ley-de-capital-riesgo-europeo-permitira-invertir-en-el-sector-inmobiliario-firmas-cotizadas","status":"publish","type":"post","link":"https:\/\/techma.bakertilly.es\/en\/la-nueva-ley-de-capital-riesgo-europeo-permitira-invertir-en-el-sector-inmobiliario-firmas-cotizadas\/","title":{"rendered":"The new European venture capital law will allow investment in real estate and listed firms."},"content":{"rendered":"<address><span style=\"color: #000000;\">The new European law regulating L\/P investment funds will be implemented in the first half of 2015. Among the new features, the purchase of real estate assets and listed companies will be allowed, although certain conditions must be met.<\/span><!--more--><\/address>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #3366ff;\"><strong>Conditions:<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">1.They shall be closed-end funds with the possibility of redemption to shareholders.<\/span><\/p>\n<p><span style=\"color: #000000;\">2. 70% of its assets shall continue to be allocated to non-financial corporations and real assets, such as infrastructure, or real estate, or real estate with a social component. The remaining 30% may be allocated to transferable securities and money market instruments.<\/span><\/p>\n<p><span style=\"color: #000000;\">\u00a0<\/span><br \/>\n<span style=\"color: #000000;\">3.Listed investee companies shall be small-cap companies.<\/span><br \/>\n<span style=\"color: #000000;\">Initially they will be aimed at institutional investors, although marketing to private individuals is permitted.\u00a0<\/span><\/p>\n<p><span style=\"color: #000000;\"> Once the regulation enters into force, national managers will be able to use them directly in the EU framework, without the need to transpose it into Spanish law.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #3366ff;\"><strong>Other new features of the law<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">In addition, the new law introduces other new features, which are described below:<\/span><\/p>\n<p><span style=\"color: #000000;\">1.Makes the financial regime for venture capital institutions more flexible.<\/span><br \/>\n<span style=\"color: #000000;\">\u00a0<\/span><br \/>\n<span style=\"color: #000000;\">2. It creates the figure of SME-venture capital entities, which allows these entities to invest 70 percent of their equity in SME shares, participating in their management and advising them.<\/span><br \/>\n<span style=\"color: #000000;\">\u00a0<\/span><br \/>\n<span style=\"color: #000000;\">\u00a0<\/span><br \/>\n<span style=\"color: #000000;\">3. It almost completely eliminates the regime of administrative intervention by the National Securities Market Commission (CNMV) on venture capital companies and closed-end collective investment undertakings.<\/span><br \/>\n<strong>\u00a0<\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>The new European law regulating L\/P investment funds will be implemented in the first half of 2015. Among the new features, the purchase of real estate assets and listed companies will be allowed, although certain conditions must be met.<\/p>","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[2277],"tags":[],"sectores":[],"tipo-contenido":[2260],"class_list":["post-42617","post","type-post","status-publish","format-standard","hentry","category-multiplos-de-empresas-cotizadas","tipo-contenido-noticias"],"acf":[],"_links":{"self":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/42617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/comments?post=42617"}],"version-history":[{"count":0,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/42617\/revisions"}],"wp:attachment":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/media?parent=42617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/categories?post=42617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tags?post=42617"},{"taxonomy":"sectores","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/sectores?post=42617"},{"taxonomy":"tipo-contenido","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tipo-contenido?post=42617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}